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- LindsayRichardsExplorerYes, the free market when left alone, will usually pick the cheapest and best product. I noticed that article was from 2008. Probably too expensive to obtain. The American technology of fracking and horizontal drilling for oil and natural gas is thriving around the world because it makes sense. Hopefully this American Technology will continue to be used here.
- FezziwigExplorer
LindsayRichards wrote:
I have been following Methane Hydrate for years and it doesn't seem to be going anywhere. Really don't know why. It sure has a lot of potential.
It must be Free Market forces: it's too expensive. Isn't that the way that the international free market in fuel is supposed to work? - cekkkExplorer
SRT wrote:
Well, we've had our low in gasoline prices. A bunch of stations have raised their prices to $3.35. Others are at $3.29. Prices in Cloquet are 5-10¢ a gallon cheaper. Sure wish we could have the same prices as everyone gets their gasoline from the same refinery. There should be a letter to the editor in the paper soon complaining about the price differential.
I guess I don't understand why someone would complain about the price differential. The seller charges what he wants to charge. The buyer is free to pay that price or take his money to another outlet.
Safeway might charge $2 for Wonder Bread (yeah yeah) while Albertsons might charge $2.10. Don't see letters to the editor about that.
Like I say, I guess I don't understand the problem. - SRTExplorerWell, we've had our low in gasoline prices. A bunch of stations have raised their prices to $3.35. Others are at $3.29. Prices in Cloquet are 5-10¢ a gallon cheaper. Sure wish we could have the same prices as everyone gets their gasoline from the same refinery. There should be a letter to the editor in the paper soon complaining about the price differential.
- LindsayRichardsExplorerNever heard of that publication, but their talking about peak oil leads me to believe they are not to up on things. We have more oil available now than ever before. The peak oil concept died years ago.
- cekkkExplorer
LindsayRichards wrote:
I have been following Methane Hydrate for years and it doesn't seem to be going anywhere. Really don't know why. It sure has a lot of potential.
The costs to bring it to commerciality are enormous and there may be real climatic dangers to its harvesting. I don't think its needed now and probably won't be for decades.
http://oilbeseeingyou.blogspot.com/2008/12/real-problem-with-methane-hydrates-is.html - LindsayRichardsExplorerI have been following Methane Hydrate for years and it doesn't seem to be going anywhere. Really don't know why. It sure has a lot of potential.
- HJGyswytExplorerI copied and pasted the following just for information since this thread is so fun to follow. Hans
Natural gas is making quite a name for itself lately, as the trucking industry continues to search for the next big infrastructure boom industry. Wind and solar remain flat, but natural gas continues to be a topic of interest for the trucking industry both as a fuel and as a raw material haul. The natural gas fracking industry has nearly set the trucking industry on fire regionally, with potential for going national. Yet only a few states like South Dakota and Wyoming seem to be capitalizing.
Methane Hydrate just adds fuel to the fire, especially in Alaska. The fuel is there in abundant supply and it’s got some properties that make trucking industry leaders cautiously optimistic.
Methane Hydrate
Recent Associated Press reports cite that the U.S. Department of Energy and industry partners over two winters drilled into a reservoir of methane hydrate, which looks like ice but burns like a candle if a match warms its molecules. There is little need now for methane, the main ingredient of natural gas. With the boom in production from hydraulic fracturing, the United States is awash in natural gas for the near future and is considering exporting it, but the DOE wants to be ready with methane if there’s a need.
The world has a lot of methane hydrate. A Minerals Management Service study in 2008 estimated methane hydrate resources in the northern Gulf of Mexico at 21,000 trillion cubic feet, or 100 times current U.S. reserves of natural gas. The combined energy content of methane hydrate may exceed all other known fossil fuels, according to the DOE.
CDL Life link, Methane Hydrate - LindsayRichardsExplorerNorth America has more recoverable oil than the entire world has used since we began the industrial revolution. Cheap energy fueled the industrial revolution and made America the greatest country in the history of the world. A new revolution can happen with our new cheap fossil fuel energy made available by new technology if only we can be allowed to get it. It is real, it is right here and not a dreamers pipe dream.
- tomman58Explorer"On another note, this country needs an energy policy that takes us toward independence. Mad Max, the post-apocalyptic oil collapse movie from the 70's (?), is not the world I want my kids and grand kids to live in. I'd like to die believing they have a decent life ahead of them. Washington needs to get it's act together on so many levels."
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