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Fracking and horizontal drilling are the only things that have kept us out of a global energy crisis. Without their application to tight oil and gas fields, th
by daxorid 8y ago
Fracking and horizontal drilling are the only things that have kept us out of a global energy crisis.
Without their application to tight oil and gas fields, the world would be firmly on the downslope of the global Hubbert peak right now.
Ban it at your peril.
- sremani 8y agoI really feel really bad you are getting down voted. There is lack of understanding of how shale revolution reshaped America and its energy independence here in this forum.
- phragomax 8y agoWhat has energy independence actually done for America? We are still fighting wars in the Middle East. For decades people were saying we need to end reliance on foreign oil. Well, we've ended it. What has that gotten us besides underpriced gasoline?
- pretendscholar 8y agoCheap energy inputs make everything else cheaper.
- Theodores 8y agoNot really. Nobody is buying American LNG. It is not a competitive product hence the Russia-hate and tariffs on imported solar panels. Plus renewables are cheaper. British shipyards are raking it in making giant wind turbines instead of Titanic sized ships. Because of the shale 'revolution' America has missed the boat, the only bright light being the much-shorted TSLA.
- natch 8y agoIf we had invested the Iraq war money into solar infrastructure including batteries in the grid, we would be ahead of the game and peak oil would be moot.
- senorjazz 8y ago"Take all that money we spent on weapons and defense each year and instead spend it feeding, clothing, and educating the poor of the world, which it would many times over, not one human being excluded, and WE CAN EXPLORE SPACE, TOGETHER, BOTH INNER AND OUTER, forever … in peace"
- tjr225 8y agoReally depressing that this is considered an extremist view.
- craftyguy 8y agoWho said it is?
- dmichulke 8y agoThe millions of politicians around the world act like this is an extremist view.
- pgreenwood 8y agoThat's a Bill Hicks quote.
- gonvaled 8y agoAnd the EU would not be dealing with a migration crisis. While the US refuses to take Sirian migrants.
- robocat 8y agoThe global "energy" crisis is only an oil crisis. I don't see much crisis going on with solar, efficiency improvements, or even coal and gas...
- pretendscholar 8y agoAn oil crisis is an energy crisis. Half the energy used in the US comes from either Petroleum or Natural Gas. Look up how much of it is solar. https://www.eia.gov/energyexplained/ https://www.eia.gov/energyexplained/
- dsfyu404ed 8y agoExactly. When a large chunk of a low level of the economy gets upset all the higher levels get screwed up.
- adrianN 8y agoMaybe those fractions would be very different if oil and gas were more expensive.
- pretendscholar 8y agoOil and Natural Gas are very difficult to replace. Look at the German Energiewende program. https://en.wikipedia.org/wiki/Energiewende_in_Germany https://en.wikipedia.org/wiki/Energiewende_in_Germany
- robocat 8y agoQ1 electricity production in US: Natural gas 409,806GWh Wind 104,801GWh Wind is significant. https://renewablesnow.com/news/wind-solar-farms-produce-10-of-us-power-in-4-mo-617830/ https://renewablesnow.com/news/wind-solar-farms-produce-10-o...