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The Almighty Buck Science

Practical Method for Getting Oil from Oil Shale? 854

ConfigurationManager writes "An article in the Rocky Mountain News describes how Shell has demonstrated a practical way to extract oil from the shale deposits in Colorado. Since it describes those deposits as "the largest fossil fuel deposits in the world," that could be a very good thing for those of us who are currently paying anywhere from $3 on up for a gallon of regular unleaded."
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Practical Method for Getting Oil from Oil Shale?

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  • by dirkx ( 540136 ) <dirkx@vangulik.org> on Sunday September 04, 2005 @06:35AM (#13475686) Homepage
    3 Dollar a gallon -- how about 3 euro a Litre !

    Dw
    • For those of you who can't do two conversion in a single calculation, this comes out to over $14 a gallon in US dollars.
    • by petermgreen ( 876956 ) <plugwash.p10link@net> on Sunday September 04, 2005 @06:52AM (#13475744) Homepage
      which are mean to reduce use of cars. They also make it seem much less of a shock when the price of oil goes up.

      but afaict most of the high fuel prices at the moment are due to catrina knocking out refining capacity not oil prices.
      • mean should have been meant
    • by evilbessie ( 873633 ) on Sunday September 04, 2005 @06:54AM (#13475751)
      It's really hard to feel sorry for a nation that pays so much less for fuel now than we were paying before this crisis. Especially as americans are not renound for their economic cars, somehow someone using a hummer to run to the shops reallly does deserve to pay for the privilege of polluting the environment and generally making events like the past week more likely.

      Personally i'd like to see the price of fuel in the states double from it's current level and the extra can go to finding clean technologies and bringing them to market. But you know we'd all like the impossible.
      • by jacksonj04 ( 800021 ) <nick@nickjackson.me> on Sunday September 04, 2005 @07:21AM (#13475854) Homepage
        The USA is doubtlessly the source of this abysmal misuse of 4x4 vehicles, but it's certainly spreading to the UK where mothers drive huge 4x4s to drop off their single child to the school a 5 minute walk down the road.

        Just make the minimum required fuel efficiency far lower than it is currently. It's possible to build a 4x4 around an efficient engine, why not make it compulsory and if you feel the need to pay 150% for the fact your car is 3' taller and makes you feel 'safer' on the road then more fool you.

        Alternatively, just make SMART cars compulsory.
      • You should feel sorry for us as well, I am european and this absymality has taken over here as well, having people driving those monsters for a five minutes walk is a common site over here as well...

        America is to blame for a lot of things pollutionwise, but it is always easier to blame the others while were are almost equally bad.

        In the city where I live we have good public transportation, yet the general public prefers to use the car as well, because it is just a tad more convenient, even with findin
      • Difference is that here we have one country that is much bigger than all of western europe. Many of you can drive completely through an entire country on less than one tank of fuel. We can barely drive through one state on that much fuel.

        High fuel prices in europe are less of a disadvantage than they are in the US.

        Personally i'd like to see the price of fuel in the states double from it's current level

        Al Gore could have really used a few thousand people like you in Florida.

        You think you don't like the US no
    • by CdBee ( 742846 ) on Sunday September 04, 2005 @07:22AM (#13475856)
      Last week's tragic events should have demonstrated to America the foolishness of such excessive consumption of fossil fuels. That said, I doubt Pres. Bush's recent failure to enforce reasonable standards of fuel economy on all vehicles will be overturned..
    • by jellomizer ( 103300 ) * on Sunday September 04, 2005 @08:39AM (#13476177)
      Well it is not really the high price that bothers Americans it is the speed of change in price. When prices shoot up $0.10 a day for gas we are unable to modify our lifestyles and budgets quick enough to keep up with gas prices. We need time to switch from SUV and 6 and 8 cylinder cars to 4 and hybrid vehicles, we need time to modify our economy to have smaller companies/offices located closer to our homes. When Gas prices were low and stable we created a culture of driving more having bigger vehicles. Because by living away from commercial districts it improves our lives with reduced crime and noise, and housing cost is lower in more rural areas of America. the USA geographically is a lot bigger then most countries. Where the average size of an European country is about the size of our States. (Most people have a mental block on crossing borders, for countries, and less so for crossing states).
      It is not that we americans can't afford higher gas prices, it is more that we can't adjust our spending habits quick enough to adjust for the change in price.
    • by toupsie ( 88295 ) on Sunday September 04, 2005 @09:12AM (#13476332) Homepage
      3 Dollar a gallon -- how about 3 euro a Litre!

      And they say Americans are stupid for not adopting the metric system. Look at how much we save by using Imperial measurements!

    • In Growth we Trust (Score:5, Insightful)

      by BilliamBlake ( 843780 ) on Sunday September 04, 2005 @10:21AM (#13476712)
      I am glad to see a slashdot story regarding energy as it will be the single most important topic that effects the vast majority of users here, their families, their neighbors, people they know, their jobs, etc.

      Indeed, $3 per gallon or even $4 per gallon as it will likely be soon is not a big problem. We complain about $3 per gallon. At the same time we enjoy some of the lowest prices in the world. Our energy bill, which is a free for all 1700 pages, does little to curb mileage. They have designed diesels that can exceed 100mpg. We give tax breaks for large vehicles over 8.5k lbs based on weight alone. The breaks are specifically targeted at these large vehicles so that their extremely privelaged drivers can be compensated for their higher gas consumption. This class of vehicles was in a list in this bill that mandates small improvements in mileage for these vehicles in the future but it was removed by the administration. If you think we are making progress then just look around. Look at what people are driving, where they are driving to, what they are driving for, how they are driving, etc. You might see a few Priuses or some Mercedes Benz diesels running on SVO. Maybe one hydrogen powered honda in your life if you are lucky. Do it in Europe, Russia or Japan and compare that with the US.

      To think that this new oil shale techniqe will drop your price of gas is probably delusional. First off, by Shells own words, they won't know if it is profitable or feasible until 2010. If the going price for oil is $69 per barrel and there is a demand for it then that is what Shell is going to sell it for. If demand goes down then all oil will go down. The only thing that would likely cause this is major economic collaps or "demand destruction". Shell isn't out for your best interest, they don't make money off charity. To the contrary, eventhough big business is firmly entrenched in the goverment, pushing bills that rule the citizens with it's vast powerful lobbying power, it is illegal by corporate law to make any business decision that will create a loss. This rules out charity for consumers.

      The administration has just admitted that global supply hasn't been able to keep up with demand for three months before Katrina hit. We currently are living mostly on old mega-field oil discoveries. We use 4-5 times as much oil as we discover. Discoveries are going down at a rapid pace, they are smaller and smaller and Saudi Arabia has finally admitted that it cannot currently increase supply anytime soon. The anti-peak oilers will argue that this is all hype when the new wells come online and drop the prices this year and perhaps a little next year. But look at the facts with the mega discoveries and the capacity that we are using - this will be a shortlived peak. There is a lead time for these wells to come online; we know about these and we know about the years where there will be no wells comming online. Once they are used up there are few others to take their place. The world uses well over 75 million barrels a day. How long would a "mega-field" of 500,000 barrels last?

      As people are so accustomed seeing important, high payed people on tv talking positively about economic growth they tend to lose sight of the real problem with regards to energy: growth. Business depends on it. Anything less than 3% growth in Japan is considered a recession. Domestic or global sustainability is not a topic for discussion, as there is there is more money in consumption and growth. And money is what rules business strategy and business is what rules governments, at least to a large effect.

      We don't have just growth, we have exponential growth. A number that has exponential growth of 7% will double itself every 10 years. Carter said once that every new decade consumes more oil than all the previous years combined - going back to the first drop that was ever consumed. If you need another example think of the one from Professor Bartlett that explains the exponential function. There is a mostly empty jar. You drop in a few organi
  • Quit yer whinin' (Score:5, Insightful)

    by CvD ( 94050 ) * on Sunday September 04, 2005 @06:37AM (#13475699) Homepage Journal
    Many people here in Europe pay over $5.60 per gallon nowadays. We wish we had $3.00 per gallon prices.
    • Well then you had better get to work creating affordable fuel cells [timesonline.co.uk].
    • by Spackler ( 223562 ) on Sunday September 04, 2005 @09:13AM (#13476336) Journal
      Many people here in Europe pay over $5.60 per gallon nowadays. We wish we had $3.00 per gallon prices.

      Yeah, but my SUV only gets a quarter of the mileage your little Peugeot gets. Looking at the real math,

      you pay (US-Gas * 2)
      but (Mileage * 4)

      making my costs per mile DOUBLE yours in Europe. I'm amazed you can't understand why we are complaining.

      Now that I have made it clear, we are paying twice as much as you are.

  • My Solution (Score:5, Insightful)

    by skazatmebaby ( 110364 ) on Sunday September 04, 2005 @06:39AM (#13475700) Homepage
    My solution was to get rid of my car, and get a bike!

    Instead of finding a more difficult technique to the problem, I simplified the problem of purchasing gasoline for a motor vehicle almost out of existence.

    Won't work for everyone, but it worked for me. Some people may need to change the way they live much more than I have had to, but then again, it's been an ongoing process that's been worked on by myself for years, not overnight.

    • Re:My Solution (Score:2, Insightful)

      by Stargoat ( 658863 )
      That seems really hard.

      I think the easiest solution would be to just vote Democrat. Once the United States has a sane foriegn policy, as well as a sensible foreign policy, oil prices will come down.

    • Re:My Solution (Score:4, Insightful)

      by Shisha ( 145964 ) on Sunday September 04, 2005 @07:16AM (#13475831) Homepage
      More to the point, many Americans could just start using cars which are more fuel efficient. And they won't neccesarily even have to be small cars. You can have a huge people carrier with a 2 litre diesel engine that does 40 to 50 mpg.

      Now since most cars in America are driven by 1 person 99% of the time, you could go for a small car and get 65 mpg out of it.

      So they can even reduce their fuel bill without doing anything too radical with their lifestyles.

      The point is that Americans shouldn't be complaining about high fuel prices, those are here to stay, even if they can start extracting loads more oil in Colorado. There is a rising demand for oil and by the time more oil is extracted in Colorado China and India would have probably more then doubled their demand.

      Btw. I cycle daily and I don't own a car, but that's my personal choice and I know very well it's not for everyone; hence I'm not even suggesting a bike to a SUV owner.
    • My solution was to get rid of my car, and get a bike!

      Hurrah! Someone else who has seen the light! I too ride my bike in conjunction with riding the bus across town for my transportation. Sure, it might not be quite as convenient, but when you consider all of the costs of a car (the car itself, gas, insurance, etc.) it far outweighs the extra time it takes for alternative transportation (because time is money). Not to mention the healthy exercise and environmental brownie points for cutting greenhouse gas
    • Re:My Solution (Score:4, Interesting)

      by torpor ( 458 ) <ibisum AT gmail DOT com> on Sunday September 04, 2005 @07:36AM (#13475909) Homepage Journal
      I am car-less, and have lived, pretty much, car-less all my adult life.. its not difficult to have a lifestyle which promotes simpler forms of transportation, and i am proud to say that i was able to hone this skill in even a car-hungry metropolis as Los Angeles ..

      i walk to work every day right now, and have a bicycle when i need it. i don't accept involvement in any business or company (workplace) which requires heavy commuting; i eschew all forms of long-distance car-only commuting; if i can't take the train somewhere, or walk somewhere, i don't get there. simple enough, and i would say my quality of life is superlative as a result.

      every day i see people arriving at work in that 'just wasted an hour of my life on the freeway' zombie mode, for which they have all sorts of quick fixes and snake-oil remedies, like 4cups of coffee, bitchin' out their co-workers, etc. i say to them, walk to work; enjoy your health, fight your own personal laziness at all fronts. it really does improve ones life, to abandon cars altogether.

      that said, if i want to go on a trip somewhere inaccessible, i do use cars. my vacations in the australian desert wouldn't be nearly as fun if it weren't for the (proper) use of a 4WD/SUV to get to certain long-distance places .. but i could never, ever, see myself driving an SUV to work on a daily basis, and find the whole idea to be a preposterous example of the excesses of modern living. decadence defined.

  • by DavidNWelton ( 142216 ) on Sunday September 04, 2005 @06:40AM (#13475701) Homepage
    ... in many parts of the world, like Europe.

    The US needs to learn to use energy more efficiently. Experts suggest that current prices are driven by growth and demand, rather than a supply shortage causing a spike as has happened in the past. This means that prices are not likely to drop quickly. Interestingly The Economist (not generally in favor of big government, taxes, or other impediments to business) says:


    The best long-term solution--for America as well as the world economy--would be higher petrol taxes in the United States. Alas, there is little prospect of that happening. America, unlike Europe, has preferred fuel-economy regulations to petrol taxes. But even with those it has failed abysmally. These regulations have been so abused that the oil efficiency of its vehicles has fallen to a 20-year low. This week, the Bush administration announced proposals for changing the fuel-economy rules governing trucks and sport-utility vehicles, but failed to close loopholes that allow these gas guzzlers to use more petrol than normal cars, a shameful concession to carmakers.

    America and China, in their different ways, are drunk on oil consumption. The longer they put off taking the steps needed to curb their habit, the worse the headache will be. George Bush once learned that lesson about alcohol. It is time for him to wean America off oiloholism too.


    From:

    http://www.economist.com/printedition/displaystory .cfm?Story_ID=4316744 [economist.com]

    (You have to pay for access...sorry).
    • I'm not sure whether gas is too expensive or too cheap because nobody has done a full accounting of both the non-market costs and benefits of low gas prices. Yes, gas does have significant hidden costs in terms of green house gases, air pollution, and geopolitical/military issues. Proponents of gas taxes always mention these downsides as a rationale for higher gas taxes. But I would argue that cheap gas also has a number of significant hidden benefits.

      Cheap gas enables speed and distance for both good
  • by Colin Smith ( 2679 ) on Sunday September 04, 2005 @06:41AM (#13475704)
    The reason they're talking about getting oil from shale at all is because the gas price is $3/gallon. If it was less, they wouldn't bother, so you aren't going to see the price go down when they start on the sand and shale deposits.

     
    • wrong (Score:5, Informative)

      by benna ( 614220 ) * <mimenarrator@g m a i l .com> on Sunday September 04, 2005 @07:04AM (#13475790) Journal
      The article says this would be profitable even if oil cost $30 a barral. It is near $70 now.
      • In 2003 the price of a barrel of oil was below $30. The only reason they're considering it now is that it's $70/barrel.

         
    • Read about this topic on the The OilDrum [oildrum.com] a few days back. Seriously, oil shale is not really a solution at all. Why? The cost of extracting this stuff is phenomenal. You use up 1 barrel for every 3 that you extract(30 %).

      First misconception " Oil Shale Will Save Us" [blogspot.com]

      I worked with a major oil company for 2 years trying to develop a way to commercialize oil shale. Trust me on this, it ain't going to happen. Most oil companies know this. The few (one??) that don't are totally deluded.
      Oil shale is not oil. Oil s
  • by free2 ( 851653 ) on Sunday September 04, 2005 @06:41AM (#13475705) Homepage
    I am not sure we need more fossil fuels for our climate and our lungs.
    • by tdemark ( 512406 ) on Sunday September 04, 2005 @07:42AM (#13475929) Homepage
      Right now, thermal depolymerization [wikipedia.org] appears to be the best bet on this front.

      This would allow us to stop short circuiting the carbon cycle and use atmospheric CO2 (via biomass) as a source for oil.

      The cost per barrel of this oil has historically been around $100, which made it a hard sell. The combination of a spike in oil prices and a $42 per barrel biofuel tax credit (to be enacted at the end of the year) will make it much more attractive.

      The remaining issue then is production - getting enough plants online to start making a dent in our fossil oil use.

      While I believe this is not the ultimate answer, it is a step in the right direction.

  • by Elkboy ( 770849 ) on Sunday September 04, 2005 @06:41AM (#13475706)
    Shell bosses feel chilly, find new way to warm Earth.
  • ... $3 for a gallon is nothing.

    In Europe, the prices are twice as high. [www.spi.se]

    (Here [google.com] is the Google conversion between units and currencies.)

  • Oh my God (Score:2, Informative)

    by ledow ( 319597 )
    I was thinking this the other day... I read a story on CNN that said people in New Orleans were paying "as much as" $5/gallon. As if that was a major disaster. Now people are whinging about paying $3 / gallon?

    Everyday UK price = Very near GBP 1 / litre = GBP 3.78 /gallon = $6.96.

    When is the US going to wake up to just how much oil COSTS, and top subsidising their country's SUV's?

    Every country in the EU pays prices near the UK ones (maybe not quite as much). Nobody really moans (except a little if they go
    • Every country in the EU pays prices near the UK ones (maybe not quite as much). Nobody really moans (except a little if they go up even further), because that's what it always has cost. What does the EU know that America doesn't?

      They know that they can gouge as much for gas as they want and no one in the EU will moan. Not really something you should be bragging about.
      • How can it be gouging when most of the cost is in tax? The price of petrol is heavily regulated in Europe by the government to reduce demand. It's almost as if we're trying to not destroy the earth...
      • On the contrary, people moan [bbc.co.uk]. (That example is from back in 2000, so it's not like we're suddenly waking up to the realisation of high fuel prices.) European governments "get away with it" because the people selfishly insisting on their right to burn as much fuel as they like are countered by those who believe in alternative sources of energy and means of transport to a much greater extent than in the USA.
    • Re:Oh my God (Score:5, Informative)

      by bheer ( 633842 ) <rbheer&gmail,com> on Sunday September 04, 2005 @07:07AM (#13475798)
      > When is the US going to wake up to just how much oil COSTS

      Except that the US is not 'subsidising' oil, and oil does not 'cost' $6.96/gallon even in the UK. The British public pay that much because their government imposes a tax on them.

      Ask someone from British rural areas what he thinks of the oil tax. One of the primary uses of the oil tax is to build public transport systems, but most rural taxpayers see very little of that benefit, making it more sensible to live closer to town. Unsurprisingly European city centres are more densely packed than similarly sized American cities.

      Maybe if you said the US should tax oil to reduce demand (like the Economist said), that'd be fairer. However, the 'city spread' I mentioned above, coupled with the fact that there's more to this country that the urban centres (exurbs, thinly populated states in the Midwest) for whom an oil tax would be very bad news make an oil tax highly unlikely -- especially for an economy that wants to grow at about 4-5% a year *and* a respectably growing population (as against Europe, which grows at 1-2% (if at all) and has a slightly declining population).

      I am not saying being fuel efficient is a bad thing, but I wonder how much of the 'cut oil consumption' brigade are aware of the second-order effects of their tax-driven (some may call it 'artificial') energy-prices regime.
    • What does the EU know that America doesn't?

      Er... that Europeans don't mind paying much higher gas taxes than Americans will tolerate?

    • by jerde ( 23294 )
      It's not the absolute price that hurts people, it's the rapid change that's doing all the harm.

      In the long term, the cost of energy gets rolled in to the cost of doing business, and is budgeted for. But if the price more than doubles in a very short amount of time, it HURTS economically, since there's often no quick way to reduce your energy usage overnight.
  • Hurrah! (Score:2, Insightful)

    by Mike1024 ( 184871 )
    Hurrah! I was worried I'd have to get rid of the Hummer H2 I use to drive to the office every day!

    Anyone who likes economic disincentives towards buying peniscars is Un-American!
  • by nathanh ( 1214 ) on Sunday September 04, 2005 @06:49AM (#13475726) Homepage

    Type in "1.30 aud per litre in usd per gallon" and get "1.30 (Australian dollars per litre) = 3.76065521 U.S. dollars per US gallon".

  • by jurt1235 ( 834677 ) on Sunday September 04, 2005 @06:52AM (#13475740) Homepage
    To make re-useable energy sources more and more attractive, we find a way to just heat this planet just a bit more.

    Just place solar energy/wind energy systems on these shale places instead. It will yield more than oil in the long run (Break even point wind power: 6 years at current US energy prices).
  • High energy cost (Score:3, Informative)

    by martian67 ( 892569 ) <`moc.liamg' `ta' `76naitram'> on Sunday September 04, 2005 @06:53AM (#13475745)
    The problem with oil shale is the same problem that the tar sands (http://en.wikipedia.org/wiki/Tar_sands [wikipedia.org]) have, they require enormous amounts of energy to extract effectivly.

    Where a conventional extraction of oil through drilling into the ground yeilds about a 1:80 energy ratio (1 barrel of oil worth of energy expended gets you 80 barrels of oil out of the ground) on average, the average energy ratio for tar sands is about 1:5 (or 16x less return). I do not imagine that the energy ratio for the extraction of oil from oil shale will be much better.

    This poses the same fundamental problem that alternative energy supplies pose, the energy extracted vs the energy spent is MUCH lower then conventional oil drilledout of the ground, and even if such a system where today instantly implemented, where most of americas oil was from tar sands/oil shale, there would still be a MASSIVE jump in price, due to the expense of production.
    • Re:High energy cost (Score:4, Interesting)

      by ozmanjusri ( 601766 ) <aussie_bob@hoMOSCOWtmail.com minus city> on Sunday September 04, 2005 @07:12AM (#13475814) Journal
      Where a conventional extraction of oil through drilling into the ground yeilds about a 1:80 energy ratio

      Where did you get that figure from? In the 'fifties and early 'sixties, the energy ratio was around 1:50, now it's closer to 1:5. Given that TFA states;
      The energy balance is favorable; under a conservative life-cycle analysis, it should yield 3.5 units of energy for every 1 unit used in production.

      you'd have to say extracting from tar sands will be ballpark with existing or near future conventional supplies.
      • Re:High energy cost (Score:3, Informative)

        by MSBob ( 307239 )
        You're not correct. The EROEI (Energy Return On Energy Invested) for Texas crude is about 5:1. The EROEI for Arabian crude is typically 30:1. This is according to Matt Simmons in his book "Twilight in the Desert". He has references in the book's appendix to back up these numbers.

        That said 80:1 is clearly and exaggeration for any kind of oil.

        However, the EROEI for tar sands is about 1.5:1 but US shale yields EROEI less than 1.0:1! That means that regardless of the price of a barrel of oil, the shale will

    • Is this figuring in transport? (Colorado vs foreign countries).

      Though I could see ways of how Colorado to East Coast by truck would still be more expensive than Mid-east/Norway/etcetera to East Coast USA by boat.
  • Protecting the ground water by pumping refrigerants around the site to great an ice wall. What's safe to pump into ground water? hydrocarbon? This is the part the sounds unreal to me.
  • If i'm understanding the process correctly, it involves drilling a lot (A LOT) of holes from the surface. Kind of makes oil wells sound like environmentally friendly devices.

    (Are you listening Captain Planet?? We need your help!)
  • by bacon55 ( 853395 ) <mikesm@shaw.ca> on Sunday September 04, 2005 @06:57AM (#13475756)
    In Europe, you won't have to commute more than a few kilometers on average, and there is very good or at least present public transport. Ammentities are scattered and close rather than centralized and far.


    In North America, people need personal vehicles due to the design of the infastructure, and the placement of essential services. This is particularly true for rural areas, and small cities to a lesser extent.


    Gas prices have a greater direct effect on the average American or Canadian consumer than their counterparts in Europe.

  • Americans I know cry bloody murder as gas prices inch up to 4 USD a gallon.

    Here in Europe, we're between 5 and 7 USD a gallon, and we've never had gas prices so low as they are in the US. And averages wages in most EU countries are less than they are in the USA, so how in the hell can Americans find 3 or 4 USD a gallon as impossibly high prices?

    Even the difference in Fuel economy of US and European cars can't be that much of a factor! So what gives?
  • by gonk ( 20202 ) on Sunday September 04, 2005 @07:01AM (#13475778) Homepage
    Lot of folks want to throw out the "gas in Europe costs more than gas in the USA, so don't cry about your 'high gas prices'" line. What you need to look at, though, is where this cost comes from. The answer is taxes. From http://www.csmonitor.com/2005/0826/p01s03-woeu.htm l [csmonitor.com]:

    In Britain, the government takes 75 percent, and raises taxes by 5 percent above inflation every year (though it has forgone this year's rise in view of rocketing oil prices, and the French government has promised tax rebates this year to taxi drivers, truckers, fishermen, and others who depend heavily on gasoline.) On August 8, for example, the price of gas in the US, without taxes, would be $2.17, instead of $2.56; in Britain, it would be $1.97, instead of $6.06.

    Given that, I'm not sure it's a fair comparison to make: Europe has decided to tax the hell out of gasoline, a decision the government can undo should there be a need, while the USA is paying higher prices to the oil companies, which can't be controlled as easily.

    Not really sure what my point is, really,

    robert
    • You're right. It's their own choice to keep gas that expensive. But it's a choice that is serving them well right now, as it has pushed their economies towards more consolidated land use, more mass transit, and smaller, more fuel-efficient vehicles. It's as though they've been preparing for this for decades.

      Damn. I need to make a tin foil hat now, but all they sell is aluminum these days. Something veeeeeerrrrrrrry suspicious about that....
  • Don't complain... (Score:2, Interesting)

    by CaraCalla ( 219718 )
    Don't complain about 3 Dollars. In order to have some decent effect agains global warming it should be IMHO closer to 20 Dollars!

    Why don't the big networks talk about that in the long term it could be cheaper do seriously do something about global warming than give up a third of the northamerican continent due to increasingly hostile climat?
  • Considering that I pay $2 per litre, $3 per gallon seems dirt cheap.

    Stop whining, you've still got dirt cheap fuel.
  • Bye!! (Score:2, Interesting)

    by Lucky Tony ( 608908 )
    Bye Planet Earth, it was nice knowing you. The last thing we need is another hundred years of oil. Even normal oil will last another 50-100 years, as technology enables us to retrieve it more efficiently and new supplies are found.
  • This shale extraction technique doesn't do us much good. There is a Chinese company that already has mineral rights in Colorado, and they are trying to bring Chinese equipment and workers to Colorado. They claim that the U.S. doesn't have enough experienced oil workers to perform the work.

    Since we will be buying Colorado-extracted oil from the Chinese, will this shale extraction technique benefit us? Are the Chinese going to sell this oil to us cheaper than the Arabs? I guess they will be able to sinc

  • US fuel tax is much lower, but does the US fuel tax cover the highway / road repair / construction / administration? Don't have the numbers but my guess is no.

    So the EU subsidizes health care and the US subsidizes automobile culture. Europe has been around longer than the automobile, American suburbia was designed around the automobile. Without cheap transportation, much of America doesn't work as layed out.

    I want rolling roads. (excuse me, flying cars)
  • punish SUVs (Score:2, Insightful)

    by jtangen ( 861406 )
    I'm happy to pay a bit more to keep SUVs off the roads. I just moved from Canada (where petrol guzzlers are on the rise) to Australia (where there are very few SUVs). If paying an extra dollar or so at the pumps every couple weeks keeps them off the road, I'm more than willing. I honestly can't believe people still choose to drive those things.
  • by Chris Snook ( 872473 ) on Sunday September 04, 2005 @07:28AM (#13475882)
    They're estimating the energy cost alone to be 28% of the total energy extracted. Given all the other overhead involved, that's not going to turn into a gigantic profit margin. The most significant thing about this discovery is the potential to tap as much as a trillion barrels of oil from within the United States.

    What scares me about this idea is the environmental impact. Anything growing in the ground in (or near) the affected region will die. How much "gunk" does the steam-cleaning process generate, and what will we do with it? How much is the targeted plot of land permanently altered by the process, and in what ways? There are all kinds of ways this could go wrong.

    Still, I very much like the idea of the U.S. not depending on foreign sources of oil. Economic entanglement turns into political entanglement, and political entanglement has a nasty habit of turning into military entanglement. Maybe someday we'll have enough troops rested, trained, equipped, and ready to stop genocides and maintain order during natural disasters, like we used to.
  • by TheNarrator ( 200498 ) on Sunday September 04, 2005 @07:50AM (#13475961)
    Fischer-Tropsch [wikipedia.org] is the future of energy in the U.S. It produces oil from coal and generated $20/barrel oil in plants in South Africa that they used during their period of economic isolation. It is a simple process that converts coal to H2+CO and then into any kind of oil you want. It can also be used to produce fertilizer and plastics. It scales, it's simple and the U.S has the largest coal reserves in the world. This is really our ace in the hole in the upcoming global energy crisis. Expect their to be a coal to oil gold rush in the next 5 years. Apparently some people are catching on [thedesertsun.com]. Unfortunately for the environmentalists this is not what you wanted to happen when we started running out of oil but this is by far the most practical realistic solution that will work to give us time to find alternatives.
  • by An Onerous Coward ( 222037 ) on Sunday September 04, 2005 @08:21AM (#13476104) Homepage
    It sounds like this is a terribly inefficient process. One poster offered the 80/1 statistic for traditional oil pumping (1 barrel of oil in -> 80 barrels out). By comparison, this process requires that you burn about a third of your production. I could be thinking about this wrong, but it seems that (from a global warming perspective) it's as though we would take every car in America and reduce its fuel efficiency by a third.

    From the article, it's not clear whether the "wall of ice" is taken into account when doing the energy calculations. If it's not, then it may be even less efficient, closer to a 2:1 yield perhaps.

    From an environmental standpoint, it doesn't sounds downright scary. Drilling a shaft every ten feet around the perimeter of the site, freezing it, then heating the bedrock to 700 degrees? That's going to take a lot of equipment and manpower, and produce a lot of waste. Nor am I as confident in this "wall of ice" as the author. So they may have to scrub the groundwater once they're done, if there is any chance of contaminating drinking water. Finally, I do believe that most bedrock contains extremophiles, and while I don't want to be an alarmist or a eukaryote-rights activist, we can't be sure of the environmental impact of burning them away.

    Can't we just agree to not do this? Our country has an energy addiction, and this article just goes to show how far we are willing to go to avoid facing the problem (Exhibit B being the way our lustful eyes keep falling on the ANWR). If we start the transition away from fossil fuels now, we could quickly become the leaders in alternative fuels and energy efficient technology. If, on the other hand, we use this process as a crutch to keep us strung out on oil for a few more decades, then it ends with us having the same energy-inefficient infrastructure we have now, a much more serious global warming problem, and no expertise in alternatives. We'll have to buy all our fuel efficient vehicles from the French.

    C'mon, Republicans. You hate the French. Hop on board with this.

    Rather than eliminating this option entirely, I think it would make more sense to put a tax on it, so that the break-even point is around to $7/gallon, not $3.50. The revenue generated would go to subsidize alternative fuels research and to mitigate the environmental damage from this process.

    Also, if we're going to do this come hell or high water, it seems sensible to pursue the idea of using geothermal to provide the heat for this process, rather than heaters powered from the surface. Hydrocarbons are good heat carriers; that's one reason we use oil to cool and lubricate our engines. The oil is down there, the energy is down there. It seems like all you would need to do is heat it long enough to distill out a small amount of oil, then use that oil to circulate heat up from the hot bedrock below. Of course, that means deeper holes. Like I said, maybe this idea should just be scratched altogether.
  • by CharonX ( 522492 ) on Sunday September 04, 2005 @08:23AM (#13476109) Journal
    Why high Oil and Gas prices have a good side too
    or
    The best way to force people to change is making them wanting to change


    First of all - I live in Europa, Germany.
    Today Fuel prices have reached 1.43 Euro / liter, this is about 7.9$ / gallon. Yes, driving is EXPENSIVE here.

    In the last few years, cars with a high efficiency have become very high in demand - of course, when fuel is expensive, people want cars that use little fuel.
    And the same thing is going to happen to the USA.
    People will look at the prices, look into their purses and the next car they buy won't be a 15 miles per gallon SUV, but perhaps a 30 / 35 miles per gallon car. Or they might grab one of the ultra fuel-efficient cars (many of them are from Germany - guess why...) like the VW Lupo [google.com] - 78 miles per gallon (Diesel) - well, truth to be told, it ain't a beauty, you've got no real storage space, and acceleration isn't, but if you want fuel economy, there you go.
    And this is the positive side of the high prices - there will be a demand for fuel-efficient cars, thus the industry will build them, and people will buy and drive them. And overall, less Oil will be used, causing less pollution and conserving it for more important uses [wikipedia.org]
    • by drew ( 2081 ) on Sunday September 04, 2005 @10:16AM (#13476690) Homepage
      There is another benefit, too. Besides buying more fuel efficient cars, more people will be interested in building and using meaningful public transportation systems. Public transportation in the U.S. is abominable. A lot of that comes from the fact that much of the country was developed in a time when driving anywhere you wanted to go was a possibility, so things here tend to be very spread out, which makes efficient public transportation difficult to implement. Up until now, the major complaint most people have about driving has been traffic congestion. So rather than focus on meaningful public transportation, most people would rather see more/wider roads and highways, even though it's been pretty much proven that such increases do little to help congestion. Now that gas prices are reaching the point where they might be a real economic concern for some people, as opposed to a minor annoyance, maybe we'll see more people start to look for alternatives...

      Personally, I do grumble a little bit now that it costs over $30 to fill up the gas tank even in my fairly fuel efficient car, but it doesn't bother me too much because neither my wife or I drive on a regular basis. It means that we'll have to budget a little bit more when we go on long driving trips, but that's about it. Over all, i think high gas prices that we are seeing right now are a) inevitable, and b) good for us.

      And lastly, as an aside, I always find it amusing how much more Americans complain about gas prices compared to other people in the world, considering that our gas is still among the cheapest in the world. I guess that's what happens when you are brought up in a society where it is assumed that the only way to get from point a to point b is to drive.
  • Real gas prices (Score:5, Interesting)

    by jmichaelg ( 148257 ) on Sunday September 04, 2005 @09:33AM (#13476467) Journal
    This gas price chart [oregonstate.edu] shows how the price of gas has slowly dropped between 1950 and 2002. The recent spike in prices is due to short term supply problems. The south-east suffered the worst because a major gasoline pipeline [wcnc.com] went offline due to the storm.

    Out here in California, prices surged as people bet the price would sky rocket and bought gas no matter what the price. The local 7/11 had people topping off their tanks because their price, usually the highest around, was 10 cents lower than in town. Most of the people buying gas didn't need it but figured the price was going higher so they bought while it was "low" at $2.90.

    If the price stays high for the next few years, people will get out of their SUVs and move into more efficient vehicles. The oil markets will respond, just as it did in the 80's, and prices will drop in real terms. Eventually, people will forget and they'll buy gas hogs again. People do that - they forget.

    Those of you who are certain that we're running out of oil forget as well. In 1970, it was common knowledge that we'd be out of oil by 1985. Paul Erlich at Stanford made a fortune pitching his dystopian view of the future and we bought it. The futurists who got it right were the economist who argued that the real price of commodities fall over time as producers and consumers become more efficient.

    It's worth noting that the shift to SUVs wasn't due to just the cheap price of gas. Congress played a major role as well. Business used to be able to depreciate the price of cars it purchased at an accelerated rate. Small business owners used that to their advantage by buying nicer cars which angered folks who didn't own businesses and hence, couldn't get the same tax write off. Congress responded by eliminating the write off for business-owned cars. The accelerated depreciation schedule remained for trucks which GM and Ford exploited by gussing up what used to be utility trucks for hauling workers around into SUVs. I saw a lot of new SUVs in my neighborhood after my accountant sent out a flyer advising his clients of the tax advantage which was considerable. A very smart friend of mine grumbled that the "I want my children to be safe and so I have to have the biggest car available" crowd just got a tax boost and the only way to retaliate was to drive a Peterbilt [peterbilt.com] to work.

  • by Ancient_Hacker ( 751168 ) on Sunday September 04, 2005 @09:38AM (#13476496)
    One sentence from the article: " it should yield 3.5 units of energy for every 1 unit used in production. "

    Let's assume that since it's coming from a SHell PR department, they're putting the best possible spin on this. That means for each unit of energy delivered down the hole, they get back 3.5 units of equivalent heat back up, in the form of oil and gas.

    But if the heat comes from electrical heaters, the electricity came from coal and oil-fired generators, said plants are only about 30 percent efficent.

    So you're burning about 3 units of good oil and coal and gas to get, maybe, if the stuff really is down there, 3.5 units back up. Doesnt sound like a good deal.

    I suppose they could do something a bit more efficient, like burn coal down in the hole, or put down a small cleanish nuke down the holes, but those ideas have some non-negligble drawbacks too.. :)

  • Oooh. Fear. (Score:3, Insightful)

    by Fantastic Lad ( 198284 ) on Sunday September 04, 2005 @10:43AM (#13476839)
    I find it amazing that by changing a couple of numbers on big posted signs above gas stations, the entire nation goes bananas with fear and anxiety.

    Chill, already.

    The world was painstakingly set up so that people depend deeply, emotionally on the flow of oil and money; to connect those things to well-being and the ability to obtain food and shelter.

    That's silly.

    The world is capable of making just as much food today as it did yesterday, and it has just as many houses and places for people to shelter comfortably in. So why should a few numbers stop people from eating and living?

    Are people really going to starve and feel fear just because a few numbers start to change? For goodness sake! There's food and shelter aplenty. All we need to do is work to maintain and share it and everybody will be fine. (We could start by perhaps firing the CEOs and Government officials who throw chairs across board rooms and try to hang on to old family money by way of keeping the people stupid and subjugated.)

    The whole confabulation of banks and economic crises, yadda, yadda, was designed in such a way that it was very easy to upset it and thus extract a fine flow of fear and anxiety. Like tapping trees for maple syrup.

    News Flash: The economy is ENTIRELY a fabrication of people's belief systems; It is just as healthy as the world believes it to be. Be a part of the solution. Love is the answer.

    Perhaps this contrived oil scarcity will give the much-needed kick in the pants to get alternative power sources a boost in acceptance levels. It doesn't actually take that long to implement massive infrastructure changes so long as the people in the driver's seats want them to come about.


    -FL

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