Re: Crude oil will be back at $140.00 a barrel by spring. Chumps still dreaming.

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Re: Crude oil will be back at $140.00 a barrel by spring. Chumps still dreaming. Boston Blackie (happily ignor 09-21-2008
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Posted by Boston Blackie (happily ignor on September 21, 2008, 4:15 pm



>
>>> Not to mention that oil is going to have to get considerably more
>>> expensive, in order to make extracting crude from shale economically viable.
>>>
>>> jak
>>
>> Extracting oil from shale is around $40 per barrel. That is VERY
>> expensive! It costs Saudi around $3 a barrel to extract their oil.
>
> The Shell engineers stopped in my office a few years back to give me a
> heads up on their in-situ refining process. Since they started the
> demonstration project a year or so back, several people from my office
> have visited the facility. Shell won't claim that its economical at
> $40/BBL, so unless you are referring to someone else's numbers with a
> better idea, I seriously doubt your cost estimate.
>
> It has been said that shale oil is the energy of the future! And always
> will be. To date, that statement has been closer to the truth than
> anything else I've seen on this particular topic.
>
>
>>
>> Notice how the libtards ignored the 4 lies I smashed?
>> They simply are in denial, their Messiah could not be lying to them...
>>
>> Mike Smith
>
> Not knowing exactly what a libtard is, I would just as soon stick to
> debating the facts of the case rather than someone's characterization
> of the people involved.


When dealing with Agent Smif it doesn't really matter what the meanings
are of the words he uses.


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