Wednesday, October 22, 2008

NEWT: The moving pictures edition

Liz "The Pro" Fabian shot some video of the speaker's visit to Macon.

One of the things he said that struck me was that there is more oil underground in Colorado and Wyoming than in all of Saudi Arabia. That sounded pretty fantastic, but appears to be true, according to this 2007 Fortune Magazine article:
If that sounds like hyperbole, then consider this: Several hundred feet below where Vinegar is strolling lies the Green River Formation, arguably the largest unconventional oil reserve on the planet. ("Unconventional oil" encompasses oil shale, Canadian tar sands, and the extra-heavy oils of Venezuela - essentially, anything that is not just pumped to the surface.)

Spanning some 17,000 square miles across parts of Colorado, Utah and Wyoming, this underground lakebed holds at least 800 billion barrels of recoverable oil. That's triple the reserves of Saudi Arabia.


Keich said...

There is, but good luck getting at it.

For starters, the environmentalists will never let it happen. Remember, these are the people who say no to drilling in ANWAR, a place that is lifeless, frozen tundra.

For seconds, this oil is hard to get at for companies. The costs involved would be significant, especially given the lack of relevant infrastructure in the applicable areas.

Lucid Idiocy said...

Talking points aren't supposed to be realistic, Keich.

griftdrift said...

Don't forget that the technology to extract all that oil from things like shale and sands either doesn't exist or is prohibitively expensive.

Oh, and tundras are not lifeless.

Lucid Idiocy said...

Yeah, Grift, but neither does a reasonable way to meet our energy needs with solar/wind/tidal/etc. power.

Figuring out the technology has seldom been America's problem.

griftdrift said...

Dude. You're literally talking about squeezing out rock juice. There are degrees of difficulty.

Lucid Idiocy said...

Well, I thought The Telegraph couldn't get blood from a turnip... but they sure found a way to lay more people off.

Lucid Idiocy said...

And shale isn't much of a rock. It crumbles in your hand.

I should know: I took 30 hours of geology classes at the University of Georgia 13 years ago.

Keich said...

ANWAR is pretty damn lifeless (imagine Hoth from The Empire Strikes Back) and what life there is would hardly be disturbed by selective drilling and a pipeline.

To contrast, there is more "life" where they drill in the Gulf, and more "life" where they drill in my backyard in Texas (Yes, there really is a derrick about 100 meters away and a pipeline under my apt.), so what's the problem with drilling in Alaskan wasteland?