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the shale revolution stemmed from high gas prices the main question right now is how will the shale gas industry survive now the gas prices are one hundred two hundred fifty dollars which is four times less than they were say six years ago. despite that european countries are also looking at potential shale gas resources on their territory albeit with some hesitation rights now it's more holds then facts and we have really just being can realistically about this source of energy we don't want to think in terms of cause in ras like america had thought another potential plus of shale of course is stopping countries dependence on russia which the blows most of europe with natural gas already saying that if shale deposits are found in europe most school will lose their advantage of supplying gas to other countries what's been hard for the gazprom tower don't seem to be losing any sleep over the supposedly cause here's why. we're watching the situation and we think that local it's very viable but it will remain a local gas supply it's impossible to extra gas in the last along and if you look
the shale revolution stemmed from high gas prices the main question right now is how will the shale gas industry survive now the gas prices are one hundred two hundred fifty dollars which is four times less than they were say six years ago. despite that european countries are also looking at potential shale gas resources on their territory albeit with some hesitation rights now it's more holds then facts and we have really just being can realistically about this source of energy we don't want...
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shale gas may be easily available but if development does not come cheap. in order to get shale gas you must drill horizontally incessantly and that means the profit margin of the process gets lost very fast. and though the evolvement ministration has hailed shale as an environmentally friendly out from the natural gas a recent studies have put this under question several scandals have already broken out in the us because of the facts of shale gas development only environment and people's health. chill gases extracted by hydro fracking that means special chemicals around into the water to break up the rock formations the components of these chemicals are kept secret by the companies in the united states who claim it's a commercial secret put that water laced with chemicals ends up in drinking water so shale gas development poses a serious threat to the environment and health in the united states may have outdone russian gas production two years ago but like any seeming miracle cure shale gas need prove yet another false and dangerous economy. more scale. yo
shale gas may be easily available but if development does not come cheap. in order to get shale gas you must drill horizontally incessantly and that means the profit margin of the process gets lost very fast. and though the evolvement ministration has hailed shale as an environmentally friendly out from the natural gas a recent studies have put this under question several scandals have already broken out in the us because of the facts of shale gas development only environment and people's...
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in developing its shale gas deposits up to now it's being considered to be a green energy source but some research is now think it could actually be a cause of serious environmental and health problems. reports. it's cheap it's readily available and it's made in the united states washington has hailed shield gas as the next big thing in energy development over the past five years the u.s. has invested billions of dollars into the field bringing cheap energy to consumers chil deposits lie deep underground and unlike natural gas shale is widely available in the u.s. which means the country doesn't have to pay for imports. for. cheryl revolution high gas prices are the main question right now is how will the shale gas industry survive now the gas prices are one hundred two hundred fifty dollars which is four times less than they were say six years ago. despite that european countries are also looking at potential shale gas resources on their territory albeit with some hesitation brights now it's more whole then facts and we have really to think realistically about the do this source of
in developing its shale gas deposits up to now it's being considered to be a green energy source but some research is now think it could actually be a cause of serious environmental and health problems. reports. it's cheap it's readily available and it's made in the united states washington has hailed shield gas as the next big thing in energy development over the past five years the u.s. has invested billions of dollars into the field bringing cheap energy to consumers chil deposits lie deep...
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for the shale revolution stemmed from high gas prices a main question right now is how will the shale gas industry survive now that gas prices are one hundred two hundred fifty dollars a barrel which is four times less than they were five years ago when shale development began. this tight that european countries are also looking at potential shale gas resources on their territory albeit with some hesitation brights now it's more holds then facts. and more holds than question marks. and we have really to think realistically about this source of energy we don't want to say get to terms of cause in russia like america had thought and not other potential plus of shale of course is stopping imports from russia which that lies most of europe with natural gas many already saying that if shale deposits are found in europe most. of supplying gas to other countries what's been happening is the rebels don't seem to be losing any sleep over their supposedly reckless fuel here's what we're going to go when we're watching the situation and we think that locally it's very viable but it will remain a
for the shale revolution stemmed from high gas prices a main question right now is how will the shale gas industry survive now that gas prices are one hundred two hundred fifty dollars a barrel which is four times less than they were five years ago when shale development began. this tight that european countries are also looking at potential shale gas resources on their territory albeit with some hesitation brights now it's more holds then facts. and more holds than question marks. and we have...
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Apr 7, 2011
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and what has happened with the marcellus shale and new shale formation development potential, they have taken the hydraulic fracturing and created an update to it. they have come up with new technology of using existing technologies and combining them to come up with new techniques that combine the concepts of hords tall drilling and hydraulic fracturing into one combined technology that makes the development of our north american shale natural gas formations economically viable and that includes marcellus shale formation here in pennsylvania, west virginia, and new york and across the northeast area. we have heard about this issue and i see we are joined by another colleague from the great state of pennsylvania. i yield to my colleague from pennsylvania. >> i thank my friend and neighbor from pennsylvania as well. it's good to have a bipartisan discussion on an issue that is critical to this country, our energy independence and using our domestic reserves and in pennsylvania, we have a unique circumstance that $4 million is used in producing marcellus shale wells and wells produced jus
and what has happened with the marcellus shale and new shale formation development potential, they have taken the hydraulic fracturing and created an update to it. they have come up with new technology of using existing technologies and combining them to come up with new techniques that combine the concepts of hords tall drilling and hydraulic fracturing into one combined technology that makes the development of our north american shale natural gas formations economically viable and that...
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Apr 12, 2011
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in the state of cocom, the anadarko shale -- in the state anadarkooma, the sha dark of shale is different. one-size-fits-all does not work in this case. are they not doing a good job in the states? >> there are many states taking leadership on this issue. as i mentioned, they are on the front lines on the safe water drinking act and the clean water act or they have authority. let me go back to the pennsylvania example. when fracking fluids and water was being brought to the publicly owned water treatment works, the responsibility for the discharge is the state. the discharge permit did not contain limits on some of the material that were in the fluids going to the sewage treatment plants. it is the kind of back-and-forth of oversight between epa and the state that is important to make sure that we have a level playing field. you are correct. there is no one-size-fits-all. the geology and all of these different shale formations around the country are different. they are at different depths. we have to be able to look at those things in that way. our primary role is oversight and the state
in the state of cocom, the anadarko shale -- in the state anadarkooma, the sha dark of shale is different. one-size-fits-all does not work in this case. are they not doing a good job in the states? >> there are many states taking leadership on this issue. as i mentioned, they are on the front lines on the safe water drinking act and the clean water act or they have authority. let me go back to the pennsylvania example. when fracking fluids and water was being brought to the publicly owned...
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Apr 13, 2011
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this did oklahoma shale, we are talking about 30,000 northen kansas, their shale was between 3,000 to 4,000 apiece. louisiana is like 3 miles deep. pennsylvania, 2 miles deep, so it's different and that's why though one size fits all just doesn't really work in this case, so the question i would ask you is are they not doing a good job in the state's? >> [inaudible] >> the states that -- there are many states taking issue on this and as i mentioned in my oral testimony or on the front lines of the safe drinking water act where they have authority but let me just go back to the pennsylvania example for just a minute that you started with, senator. when the fluids were and produced water were being brought to the publicly owned treatment works, the responsibility for the discharge permit of that plant is the state's and the state's discharge permit from those did not contain limits on so that backend for the oversight between the state that i think is important to make sure that we have a level playing field but you are correct, there is no one-size-fits-all here. the geology and all th
this did oklahoma shale, we are talking about 30,000 northen kansas, their shale was between 3,000 to 4,000 apiece. louisiana is like 3 miles deep. pennsylvania, 2 miles deep, so it's different and that's why though one size fits all just doesn't really work in this case, so the question i would ask you is are they not doing a good job in the state's? >> [inaudible] >> the states that -- there are many states taking issue on this and as i mentioned in my oral testimony or on the...
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Apr 13, 2011
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this did oklahoma shale, we are talking about 30,000 northen kansas, their shale was between 3,000 to 4,000 apiece. louisiana is like 3 miles deep. pennsylvania, 2 miles deep, so it's different and that's why though one size fits all just doesn't really work in this case, so the question i would ask you is are they not doing a good job in the state's? >> [inaudible] >> the states that -- there are many states taking issue on this and as i mentioned in my oral testimony or on the front lines of the safe drinking water act where they have authority but let me just go back to the pennsylvania example for just a minute that you started with, senator. when the fluids were and produced water were being brought to the publicly owned treatment works, the responsibility for the discharge permit of that plant is the state's and the state's discharge permit from those did not contain limits on so that backend for the oversight between the state that i think is important to make sure that we have a level playing field but you are correct, there is no one-size-fits-all here. the geology and all th
this did oklahoma shale, we are talking about 30,000 northen kansas, their shale was between 3,000 to 4,000 apiece. louisiana is like 3 miles deep. pennsylvania, 2 miles deep, so it's different and that's why though one size fits all just doesn't really work in this case, so the question i would ask you is are they not doing a good job in the state's? >> [inaudible] >> the states that -- there are many states taking issue on this and as i mentioned in my oral testimony or on the...
SFGTV2: San Francisco Government Television
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Apr 21, 2011
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in addition, these are sandstone and shale. they have been uplifted and faulted and put into the position they are in today. on the cliff face, you can see the bedding of the shale. there are vertical cracks that filled the water and plans is growing. -- and plants are growing. the cumulative effect of the fresh cut with the debris sitting on the ledge, luckily we have a chance there to protect us from rocks going on the street. >> this is one type of rock salt and we will look at a few others. what will we see? >> i think it would be appropriate. we have been talking about rock salt. there is instability that occurs at telegraph hill. this was more in the earth flow and debris flow kind of movement. this moves downhill as a result of the rations from the earthquake. that is where we are headed next. >> here we are on the next stop of our landslide for parent though this is the lagoon ouna a area. this is different from where we all were just add on telegraph hill. this is a whole different concept. tell us what we have to. we
in addition, these are sandstone and shale. they have been uplifted and faulted and put into the position they are in today. on the cliff face, you can see the bedding of the shale. there are vertical cracks that filled the water and plans is growing. -- and plants are growing. the cumulative effect of the fresh cut with the debris sitting on the ledge, luckily we have a chance there to protect us from rocks going on the street. >> this is one type of rock salt and we will look at a few...
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of shale gas and president obama said we have a hundred years of shale gas in both of those statements are completely untrue we have probably about four to six years worth of shale gas energy i rate that we used and maybe twelve years and if you include all of the natural gas of any kind that we drill in north america you know we have these crazy ideas that we're going to run an electric car fleet well here's an interesting thing let's say by some miracle we ramped up their oil and electric car fleet one hundred ten million electric cars in the usa and that's really optimistic we run over two hundred million cars ok so what do you think is going to be the political upshot if only ten million people get to drive and all the rest of them are paying through the nose for gasoline or katie even afford to own a car do you think they'll be any political repercussions of that because i do. like these the kinds of things we're not even thinking about all barack obama is putting himself to be the charlie. sheen of presidents and he's he's great on twitter he's got a great twitter following but w
of shale gas and president obama said we have a hundred years of shale gas in both of those statements are completely untrue we have probably about four to six years worth of shale gas energy i rate that we used and maybe twelve years and if you include all of the natural gas of any kind that we drill in north america you know we have these crazy ideas that we're going to run an electric car fleet well here's an interesting thing let's say by some miracle we ramped up their oil and electric car...
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a gun russian gas production two years ago but like any seeming miracle cure shale gas mead proved yet another falls and the injuries economy. more scope. for a few minutes time a story of farmers struggles against producers of genetically modified plants. has the business. thanks carrie hello and welcome to business update thanks for joining us russia's prime minister is confident the country's economy will completely recover from the global crisis by twenty twelve reputedly gave the forecasts during his annual economic report to parliament the pace of economic growth in the country totaled four percent last year the highest among the g eight countries but the message is that in order to prop objectively russia needs to normalize its economy and boost foreign investment but until the mid seventy's that modernizations on the right of those two works because to bring high quality capital.
a gun russian gas production two years ago but like any seeming miracle cure shale gas mead proved yet another falls and the injuries economy. more scope. for a few minutes time a story of farmers struggles against producers of genetically modified plants. has the business. thanks carrie hello and welcome to business update thanks for joining us russia's prime minister is confident the country's economy will completely recover from the global crisis by twenty twelve reputedly gave the forecasts...
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Apr 16, 2011
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between down here where they marcellus shale. the small box is a picture of the empire state building. the stuff that they hear is not true. for ground water contamination to occur, transfers would have to migrate through 7,000 feet of solid rock. that is the distance from the west front of the capital to the washington monument. that flew with migration cannot happen and it does not happen. -- fluid migration cannot happen and it does not happen. the obama administration wants to regulate fossil fuels out of existence. the energy secretary said somehow we have to figure out how to boost the price of gasoline to the levels in europe. the price there is about $8 per gallon. krueger in the treasury department who said, quote, the administration believes that it is no longer sufficient to address our nation's energy needs by finding more fossil fuels. that's what this is all about. mr. kruger's belief is now a reality. gas at the pump is approaching $4 and we think it's going to be going on up. now if you think these data points are
between down here where they marcellus shale. the small box is a picture of the empire state building. the stuff that they hear is not true. for ground water contamination to occur, transfers would have to migrate through 7,000 feet of solid rock. that is the distance from the west front of the capital to the washington monument. that flew with migration cannot happen and it does not happen. -- fluid migration cannot happen and it does not happen. the obama administration wants to regulate...
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Apr 16, 2011
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the marcella shale formation underlines the county and part of allegheny county in maryland in the far western part of the state, and in movies to counties gas companies have released the gas rates are more than 100,000 acres. we're just beginning to enter into this. we currently have applications from two companies for a total of five wells. we are very mindful of the tremendous benits that could accrue to the abandoned and the economy by exporting and exploiting these gas reserves but we are equally alert to the risks of adverse public health and environmental effects. our paramount concern is protecting public health, the environment and the ground and surface water quality. were proceeding cautiously and deliberately and do not intend to allow drilling and fracking and marcel shalem maryland until these issues aren't resolved to our satisfaction. there's numerous issues we've heard a lot about those already. some of the things we are particularly concerned about the act of sustainability of the surface water and ground water and the regions the supply fracking, the minimum requirem
the marcella shale formation underlines the county and part of allegheny county in maryland in the far western part of the state, and in movies to counties gas companies have released the gas rates are more than 100,000 acres. we're just beginning to enter into this. we currently have applications from two companies for a total of five wells. we are very mindful of the tremendous benits that could accrue to the abandoned and the economy by exporting and exploiting these gas reserves but we are...
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Apr 22, 2011
04/11
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. >> reporter: the earthquakes are rattling the countryside in what's known as the fayetteville shale. just since 2005, more than 3,000 gas wells have been drilled here, bringing thousands of jobs and billions in revenue to a dirt poor place. but at what cost? >> it's continuing to produce more and more waste. >> reporter: josh fox is exploring a theory held by many residents that the tremors can be traced to how waste water is handled. >> you see that enormous pit of waste water there? >> reporter: right. >> that's waste water, coming up out of the well and this is what they are injekting back into the ground. >> reporter: the waste water, millions of gallons, is trucked to disposal sites like this. they inject the equivalent of a 30-acre lake, weighing 1 billion pounds, deep into the earth. but the gas companies insist, no scientific evidence links the injection womens to earthquakes. and that some quakes were recorded in the region before the wells were drilled. >> i never been so scared in my life. >> reporter: but nothing like this. >> it just rattled the foundation. >> reporter:
. >> reporter: the earthquakes are rattling the countryside in what's known as the fayetteville shale. just since 2005, more than 3,000 gas wells have been drilled here, bringing thousands of jobs and billions in revenue to a dirt poor place. but at what cost? >> it's continuing to produce more and more waste. >> reporter: josh fox is exploring a theory held by many residents that the tremors can be traced to how waste water is handled. >> you see that enormous pit of...
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Apr 27, 2011
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shale gas -- the amount of shale gas that we discovered is immense. i can't tell you how much there is. i believe, and i'm sure john deutch will disagree to some extent. i'm not sure about mr. podesta. you can run the world with gas. you can do away with nuclear and coal and you can run the world off gas in emerging renewables. renewables and gas are complementary. they are complementary not antithetical and we can drill gas and produce it with new technology so the leaks are held to one-tenth of 1% which means -- with the systems, you can win the carbon war. you can beat climate change and keep the count down to 250 by 2050. you've won the war. my proposition -- i ask you to say if you have an element unlimited amount of gas, what are you going to do with it? how much are you going to use it and how much redundancy of other types of fuels do we need? but this is a transformational event and it needs to be recognized. >> okay. >> i think everybody is going to want to chime in so i will be brief. first of all, it is transformational and the opening rem
shale gas -- the amount of shale gas that we discovered is immense. i can't tell you how much there is. i believe, and i'm sure john deutch will disagree to some extent. i'm not sure about mr. podesta. you can run the world with gas. you can do away with nuclear and coal and you can run the world off gas in emerging renewables. renewables and gas are complementary. they are complementary not antithetical and we can drill gas and produce it with new technology so the leaks are held to one-tenth...
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Apr 30, 2011
04/11
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shale gas, the amount of shale gas that we discovered is immense. it's -- i can't tell you how much there is. you can -- i believe and i'm sure that john deutsche will disagree that he wants some extent i'm not sure about mr. poddesta. you can run the world now off gas. you can do away with nuclear and coal and run the world off gas and emergent renewables. renewables and gas are complementary as ferk german wellinghauf points out they are complementry not antithetical. and we can drill gas and produce it with new technologies so the leaks are held that he wants 1/10 of 1%. and which means that you can clear with efficient built systems you can win the carbon war. you can beat climate change and keep the count down that he wants 250 by 2050. you've won the war. my proposition, i ask you that he wants say if you've got almost unlimited amount of gas, what are you going that he wants do with it? are you going that he wants recognize it and use it? how much redundancy of other types of fuels do we need? but this is a transformational event and it needs
shale gas, the amount of shale gas that we discovered is immense. it's -- i can't tell you how much there is. you can -- i believe and i'm sure that john deutsche will disagree that he wants some extent i'm not sure about mr. poddesta. you can run the world now off gas. you can do away with nuclear and coal and run the world off gas and emergent renewables. renewables and gas are complementary as ferk german wellinghauf points out they are complementry not antithetical. and we can drill gas and...
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Apr 7, 2011
04/11
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we have these -- this marcellus shale, but really encased in what could be hundreds of yards thick of limestone on top and certainly on the bottom. and the water stays down. what happens with the water that comes up and especially when it passes through that area, 500, 700 feet where the aquifer is, frankly where our fresh water comes from. and that is the casing that is on your poster that is incredibly important to where it's encased through that area that the wells are encased with both steel and concrete, multiple layers. the safeguards are tremendous so you can't get cross contamination. mr. reed: my understanding of the process is we are dealing with a two-step process, if you would, in developing the well site. you have the surface up here. you have the initial where there's a drilling operation that goes through the -- i forget the technical name, but the upper end of the well that we are tapping into and that's going through the aquifer and we have highlighted a cross section and highlighted that area because it is a legitimate concern in my opinion and i know the regulatory
we have these -- this marcellus shale, but really encased in what could be hundreds of yards thick of limestone on top and certainly on the bottom. and the water stays down. what happens with the water that comes up and especially when it passes through that area, 500, 700 feet where the aquifer is, frankly where our fresh water comes from. and that is the casing that is on your poster that is incredibly important to where it's encased through that area that the wells are encased with both...
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Apr 25, 2011
04/11
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an avid supportedder says there are bound to be mistakes in an industry as new and rapidly grow as shalegas. despite criticism is he in the possibilities of gas developers, he invisits that think can coexist. >> did we make mistakes in the beginning? question, we did. we with have to do everything that we cannot to make those mistakes now and that is what we're trying to do. >> reporter: on jackets, fox news. >> one lawmaker ising cag caul fog calling for of a grand jury indication. he praised the president for form a task force aimed to look into possible fraud or manipulation in the oil and gas markets, but said stronger actions are needed. if estimated with gas prices in the $4 per gallon, the average american will pay $750 more for gas this year than last year. >>> san francisco's union street spring celebration drew thousands of people out today, to enjoy the day. channel 2 cameras arrived this morning before the crowds did. some ladies tried on new easter bonnets and check this out. while others were speechless when they met easter bunny and everyone agreed thatet question of "wher
an avid supportedder says there are bound to be mistakes in an industry as new and rapidly grow as shalegas. despite criticism is he in the possibilities of gas developers, he invisits that think can coexist. >> did we make mistakes in the beginning? question, we did. we with have to do everything that we cannot to make those mistakes now and that is what we're trying to do. >> reporter: on jackets, fox news. >> one lawmaker ising cag caul fog calling for of a grand jury...
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Apr 30, 2011
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well, during that time, we found something in pennsylvania, and in new york called marcelus shale. the largest natural gas find in the country. and guess what we're doing with those l.n.g. terminals? we're exporting natural gas y? drill, baby, drill. [applause] you want a lower cost? the reason and i'm almost done -- [laughter] i'll be very quick with my answers to the questions. the reason that we're seeing gasoline prices high is not because there's a shortage of gasoline. it's because there's uncertainty as where that gasoline is coming from. we need to make sure that gasoline is coming from here and ose prices will come down. [applause] you didn't get my big close. but that's -- >> senator, the administration has been pursuing a regulatory assault on americans, families, businesses, that they really can't get through congress. they're using the environmental protection agency, national labor relations board, other agencies to pursue their agenda. as president, what would you do about this assault from a regulatory perspective and rolling it back and specifically would you call
well, during that time, we found something in pennsylvania, and in new york called marcelus shale. the largest natural gas find in the country. and guess what we're doing with those l.n.g. terminals? we're exporting natural gas y? drill, baby, drill. [applause] you want a lower cost? the reason and i'm almost done -- [laughter] i'll be very quick with my answers to the questions. the reason that we're seeing gasoline prices high is not because there's a shortage of gasoline. it's because...
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Apr 1, 2011
04/11
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instance, things to do to capture va porls from the storage tanks that have been a problem in the barnett shale>> some can be solved? >> yes. >> if people decide they want to solve them instead of fight over them, that's possible? is that correct? >> that's usually what -- much more effective. >> but the -- >> to your point, josh, we have to go straight to wind and solar and bypass all fossil fuels and proposed a plan to do that? >> we're seeing the primacy of oil is ending. t. boone pickens has 500,000 shares of bp. he's going throughout and promoting -- >> isn't that capitalism? >> he's promoting his own business interest. nothing to do with patriotism. >> isn't he putting his money where mouth is, josh? >> -- moving beyond the oil barons of the past. and that was what you were talking about yesterday. where you're talking about is not changing the model. the model is still dependent on huge extractive energy dependence of fossil fuels. every scientist looking at climate change says we need zero carbon emissions, no more developing of fossil fuels but besides which -- >> got it. got it. >> it
instance, things to do to capture va porls from the storage tanks that have been a problem in the barnett shale>> some can be solved? >> yes. >> if people decide they want to solve them instead of fight over them, that's possible? is that correct? >> that's usually what -- much more effective. >> but the -- >> to your point, josh, we have to go straight to wind and solar and bypass all fossil fuels and proposed a plan to do that? >> we're seeing the...
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Apr 14, 2011
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in pennsylvania we are engaging in the debate on the shale.e finding out now that these companies, these gas companies are selling these oil leases to foreign countries, and the gas will be shipped overseas. i think one of the alphabet in there is chesapeake from oklahoma. -- i think one of the out fits in there is chesapeake from oklahoma. could you comment on that? guest: what senator grassley likes to call subsidies is the way oil and natural gas has been treated in the tax code since about 1913. it is like other industries, tailored to that industry the risks of the long-term costs. i think they are exactly appropriate. i think to at this point raise taxes on energy manufacturing is the wrong thing to do. two, this is not a good debate about oil shale and the role it plays in the government. it has and is being done safely. we make mistakes as a nation if we try to in effect strangle that opportunity in its crib, because that natural gas is so abundant and clean for the environment and supports great paying jobs as well. yesterday a number
in pennsylvania we are engaging in the debate on the shale.e finding out now that these companies, these gas companies are selling these oil leases to foreign countries, and the gas will be shipped overseas. i think one of the alphabet in there is chesapeake from oklahoma. -- i think one of the out fits in there is chesapeake from oklahoma. could you comment on that? guest: what senator grassley likes to call subsidies is the way oil and natural gas has been treated in the tax code since about...
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Apr 27, 2011
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what are your thoughts on the prospect for shale oil and oil shale. >> again, i will think about it more from a company perspective. the mix we are looking at right now, the core business is oil and gas and it is extending it into biofuels because it fits well with our skills and we see the ability to step into that as being one of the near term options with the biggest impacts. into the next decade you might get something that makes a difference in the total system. we are also players in the wind business. we have a fairly substantial wind business in north america. it is interesting, but it is not big for us. we don't see it growing rapidly. we look at it in a pure commercial sense and also from a emissions offset sense and every other environmental aspect of wind. we are not in solar right now. it is not a place we bring particular skills to. but there is a lot of innovation happening in solar. there are others here better to talk about it. hydrogen is interesting. we do research and development. we have done quite a bit in the past. we have filling stations spread out across the cou
what are your thoughts on the prospect for shale oil and oil shale. >> again, i will think about it more from a company perspective. the mix we are looking at right now, the core business is oil and gas and it is extending it into biofuels because it fits well with our skills and we see the ability to step into that as being one of the near term options with the biggest impacts. into the next decade you might get something that makes a difference in the total system. we are also players...
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Apr 10, 2011
04/11
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north dakota has discovered shale oil and natural gas. the federal government and obama cannot stop the people of north dakota from drilling for oil. they have been drilling and making a lot of money. they have low unemployment. people are moving into north dakota. that is the opposite of what has been happening for the previous 50 years. texas, louisiana, mississippi, and others are worse off. california is more for because the government is putting limits on allowing people to look for natural gas and oil offshore. also on federally owned land inside these states. because north dakota is not a colony the way that you talk, nev., and iowa are with the federal government funding two- thirds of the land in the state and telling you cannot drill for oil, coal, or other minerals underground. we have more minerals in this country including saudi arabia with kohl, shall come and natural gas. the government says we would -- coal, shale, and natural gas. the government says we do not want to irritate the earth mother and not have jobs. north dak
north dakota has discovered shale oil and natural gas. the federal government and obama cannot stop the people of north dakota from drilling for oil. they have been drilling and making a lot of money. they have low unemployment. people are moving into north dakota. that is the opposite of what has been happening for the previous 50 years. texas, louisiana, mississippi, and others are worse off. california is more for because the government is putting limits on allowing people to look for...
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Apr 27, 2011
04/11
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shale gas -- the amount of the shield as we discovered is immense. i cannot tell you how much there is. i believe and i am sure and that john deutch will disagree to some extent -- i am not sure about mr. podesta -- you can run the world now off gas. you can do it with nuclear and coal. you can run the world on gas and grenoble's. they are complementary. -- theynot necessary are complementary, not analytical. we can produce its of the leaks are held to 0.1%. you can win the carbon more. you can beat climate change and keep the count down to 250 by 2015. you have won the war. if you have an almost unlimited amount of gas, how are you going to recognize it and use it? how much redundancy of other types of fuels to we need? this is a transformational event. it needs to be recognized. >> i think everybody is quick to want to chime in, so i will be brief. first of all, it is transformational. the opening marks about how the domestic affect the international this true. think about how every winter we used to read stories about how pipeline issues were caus
shale gas -- the amount of the shield as we discovered is immense. i cannot tell you how much there is. i believe and i am sure and that john deutch will disagree to some extent -- i am not sure about mr. podesta -- you can run the world now off gas. you can do it with nuclear and coal. you can run the world on gas and grenoble's. they are complementary. -- theynot necessary are complementary, not analytical. we can produce its of the leaks are held to 0.1%. you can win the carbon more. you can...
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Apr 6, 2011
04/11
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yet he didn't once mention converting oil into fuel or tapping oil shale. oil shale production could produce an estimated 800 billion barrels of recoverable oil. that's three times the amount of saudi arabia's oil reserves. the way we can address our economic and our national security needs is by producing more american energy. we can't afford to pick and choose our energy in a time of uncertainty. we do need it all. this means allowing more u.s. exploration and lifting the burdensome regulations that make it harder for americans to produce more energy. renewable energy is part of it. renewable energy is important. but there is no way that green energy and green jobs can replace the red, white, and blue energy and jobs that have continued to power our country for over a century. until the administration acknowledges this, the administration policies will continue to make the pain at the pump even worse. and that's why i urge the members of the body, urge my colleagues to adopt the mcconnell amendment. with that, mr. president, i yield the floor. a senator:
yet he didn't once mention converting oil into fuel or tapping oil shale. oil shale production could produce an estimated 800 billion barrels of recoverable oil. that's three times the amount of saudi arabia's oil reserves. the way we can address our economic and our national security needs is by producing more american energy. we can't afford to pick and choose our energy in a time of uncertainty. we do need it all. this means allowing more u.s. exploration and lifting the burdensome...
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Apr 29, 2011
04/11
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we have locked away vast reserves of oil and shale and natural gas on federal lands and off the coast. meanwhile, we are sending hundreds of billions of dollars overseas to purchase other people oppose the energy. a lot of it from dangerous, unstable places. does that make sense? i think it makes less sense than it did a year ago, that's for sure. federal lands alone are estimated to contain 2.31 trillion cubic feet of natural gas and 31 billion barrels of oil of what we know now, but there's a lot more to find. producing at least some of that energy could reduce our imports, ease up the price volatility, create american jobs, and generate huge tax revenues to reduce the deficit. it does not sound like a very hard decision to be. even less sweeping reforms can make a defense. imagine the impact of more runways would have. you would have fewer airplanes unnecessarily serving in the air idling on the ground, and burning up you. it's time to increase the domestic energy production all across the board. traditional and alternative. our national and our economic security depends on it. now
we have locked away vast reserves of oil and shale and natural gas on federal lands and off the coast. meanwhile, we are sending hundreds of billions of dollars overseas to purchase other people oppose the energy. a lot of it from dangerous, unstable places. does that make sense? i think it makes less sense than it did a year ago, that's for sure. federal lands alone are estimated to contain 2.31 trillion cubic feet of natural gas and 31 billion barrels of oil of what we know now, but there's a...
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Apr 28, 2011
04/11
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president obama, all he has to say is we are going to start drilling in anwar, we are going to start doing shale. we need to let them keep drilling and keep going on oil. we need to open up the alaskan pipeline. we are also going to go to the gulf of mexico and start drilling again. maybe the last thing that president obama could say is, $25 million for the first person who can develop and all the electric or hydrogen car. reward the american people. as far as developing that sort of stuff, we would be good at that. guest: a couple of things. going back to this point about americans degrading. i do not think i said that, i certainly did not mean that americans need to degrade themselves. the point i was trying to make, we live in a highly competitive global economy, and we are finding that we are going through, after a difficult financial crisis, having to compete in a competitive economy and it is a difficult challenge. what we are finding is, we, as a nation have to respond and deal with the consequences of what is happening in other places. the good news about that is billions of people aroun
president obama, all he has to say is we are going to start drilling in anwar, we are going to start doing shale. we need to let them keep drilling and keep going on oil. we need to open up the alaskan pipeline. we are also going to go to the gulf of mexico and start drilling again. maybe the last thing that president obama could say is, $25 million for the first person who can develop and all the electric or hydrogen car. reward the american people. as far as developing that sort of stuff, we...
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Apr 26, 2011
04/11
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we can't drill into our own oil shale.ut because one well got tainted with some natural gas stuff and truned water supply, all of a sudden that's the argument against natural gas. >> well that's not an important issue to you? so far in this process, have any of the candidates appealed to you? >> you know, i have a couple of names. i haven't heard anybody mention chris christy. >> i did mention him early in the program but many iowans like the way he stood up foe -- for unions. >> vance, i appreciate it. you're on the record. from washington, d.c., this is wanda. >> hi, how are you? >> i'm doing great. >> i heard a guy say obama needs to fix this and that. did they realize when they brought obama in things were already broken? as far as donald trunk, he is a rich man. he thinks being rich is going to buy him the presidency? >> well he can spend some of his own wealth in the initial stages that the rest of the candidates won't be able to do. the question is will that do him any good? >> yes. but can he run his own businesses
we can't drill into our own oil shale.ut because one well got tainted with some natural gas stuff and truned water supply, all of a sudden that's the argument against natural gas. >> well that's not an important issue to you? so far in this process, have any of the candidates appealed to you? >> you know, i have a couple of names. i haven't heard anybody mention chris christy. >> i did mention him early in the program but many iowans like the way he stood up foe -- for unions....
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Apr 12, 2011
04/11
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there is a lot of oil in the united states, oil, shale, but they are all very expensive.ant to pay more than the $100 per barrel of oil to make those sources viable? that is a lot of the problem. epa regulations do have some impact, but they are not, i do not think, decisive in this matter. host: this morning talking about the use of drones and their place in late national security efforts. guest: the administration has accelerated the use of drones to kill leaders in pakistan. so far they have not come close to find bin laden in that regards. host: who makes the decision? guest: the cia runs the drone operations, but i presume the cia director makes some specific calls and people on the ground respond to reports. the pakistanis have a problem and an interest. the problem is that we are making decisions that are interested in their territory and any country would be sensitive to this. on the other hand, pakistanis do coordinate with us and the sand -- same things we complain about is helping us spot people to attack. there is the ethical question of drones that we are exe
there is a lot of oil in the united states, oil, shale, but they are all very expensive.ant to pay more than the $100 per barrel of oil to make those sources viable? that is a lot of the problem. epa regulations do have some impact, but they are not, i do not think, decisive in this matter. host: this morning talking about the use of drones and their place in late national security efforts. guest: the administration has accelerated the use of drones to kill leaders in pakistan. so far they have...
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Apr 28, 2011
04/11
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he about the shale gas we have discovered is immense. i can't tell you how much there is. i am sure that he will disagree to some extent. you can run the world out of the gas. you could do away with nuclear and coal to run the world of emerging renewals. it was complementary. they are complementary. we can produce it with new technologies. there one-tenth of 1%. with efficient systems, you could win the carbon war. you can be declared a change in keep the countdown. you have won the war. if you have an almost unlimited amount of gas, what are you going to do with that? how much redundancy nihon? this is a transformational event. it needs to be recognized. >> i will be brief. the opening remarks about the international relief ringing true here, think about how we used to read stories in the press about how pipeline issues were caught and also and security issues across central europe. the premise we broadly agree with. as the energy administration has just shown, he discoveries internationally are now adding another order of magnitude. the opportunity is great. we have to b
he about the shale gas we have discovered is immense. i can't tell you how much there is. i am sure that he will disagree to some extent. you can run the world out of the gas. you could do away with nuclear and coal to run the world of emerging renewals. it was complementary. they are complementary. we can produce it with new technologies. there one-tenth of 1%. with efficient systems, you could win the carbon war. you can be declared a change in keep the countdown. you have won the war. if you...
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Apr 19, 2011
04/11
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role thinking through how we can get donations to such a mechanism where there is any way to use oil shale there's a way for the resources they need three the number of countries have looked at the asset which we have all said to belong to the libyan people and not to the regime and looking at ways to translate that into support for the libyan people. so all of these are being carefully studied both here in washington and with our partners and the common goal is making sure -- >> being considered right now? >> i don't have the dollar amount for you, no. >> if i could follow up, clearly, yes you did prevent a kind of run on and prevented the killing of many people, but after that initial kind of saving of lives it does seem as if that although i know the campaign wasn't to officially help the rebels it seems as they have lost ground, because what they are not able to fortify the city's more lives are at stake and it does seem as if the initial nato campaign and the kind of preventing of a large number of casualties has kind of fallen back in some ways and it doesn't seem as if the campaign
role thinking through how we can get donations to such a mechanism where there is any way to use oil shale there's a way for the resources they need three the number of countries have looked at the asset which we have all said to belong to the libyan people and not to the regime and looking at ways to translate that into support for the libyan people. so all of these are being carefully studied both here in washington and with our partners and the common goal is making sure -- >> being...
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Apr 27, 2011
04/11
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we have locked away vast reserves of oil or oil shale on natural gas on federal lands and off both coasts. meanwhile, we're sending hundreds of billions of dollars to overseas to buy other people's energy. and a lot of it from dangerous, unstable places. does that make any sense to you? i think it makes less sense than it did a year ago, that's for sure. federal lands alone are estimated to contain 2.31 trillion cubic feet of natural gas and 31 billion barrels of oil of what we know now but there's a lot more to find. producing at least some of that energy could reduce our imports, ease price volatility, create american jobs and generate huge tax revenues to reduce the deficit. it doesn't sound like a very hard decision to me. but even less sweeping reforms can make a difference. imagine the impact of more runways would have. you would have fewer planes unnecessarily circle in the air, idling on the ground and burning up fuel. it's time to increase domestic energy production all across-the-board. traditional and alternative, and our national and economic security depend on it. now, to ano
we have locked away vast reserves of oil or oil shale on natural gas on federal lands and off both coasts. meanwhile, we're sending hundreds of billions of dollars to overseas to buy other people's energy. and a lot of it from dangerous, unstable places. does that make any sense to you? i think it makes less sense than it did a year ago, that's for sure. federal lands alone are estimated to contain 2.31 trillion cubic feet of natural gas and 31 billion barrels of oil of what we know now but...
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Apr 28, 2011
04/11
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shale, i want to ask you a couple of questions about what scares you about the future of facebook and i want to post to possibility when he said the fastest growing audience for facebook is over 65, my children didn't like that at all. they really didn't. that seem like it was going in a different direction that they didn't want. and, of course, so that's one. is there something where there's a core audience, facebook is so yesterday, i'm going to go somewhere else. that's one question. the other one is this whole issue of social engineering. because do you ever worry that the two of facebook could be used by a socially savvy desperate, or someone who could use the technology as a way to influence the masses in something that would not be as good for humanity as you have described? >> so, to your first question from a couple of years ago when we started writing a different demographics, probably two and half years ago, there was a lot headlines, oh, my god, my mom is on facebook, i'm getting all. at first it was like i wonder if people will see that, older generation is getting a. wha
shale, i want to ask you a couple of questions about what scares you about the future of facebook and i want to post to possibility when he said the fastest growing audience for facebook is over 65, my children didn't like that at all. they really didn't. that seem like it was going in a different direction that they didn't want. and, of course, so that's one. is there something where there's a core audience, facebook is so yesterday, i'm going to go somewhere else. that's one question. the...
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Apr 30, 2011
04/11
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well, during that time, we found something in pennsylvania, and in new york called marcelus shale. largest natural gas find in the country. and guess what we're doing with those l.n.g. terminals? we're exporting natural gas y? drill, baby, drill. [applause] you want a lower cost? the reason and i'm almost done -- [laughter] i'll be very quick with my answers to the questions. the reason that we're seeing gasoline prices high is not because there's a shortage of gasoline. it's because there's uncertainty as where that gasoline is coming from. we need to make sure that gasoline is coming from here and those prices will come down. [applause] you didn't get my big close. but that's -- >> senator, the administration has been pursuing a regulatory assault on americans, families, businesses, that they really can't get through congress. they're using the environmental protection agency, national labor relations board, other agencies to pursue their agenda. as president, what would you do about this assault from a regulatory perspective and rolling it back and specifically would you call fo
well, during that time, we found something in pennsylvania, and in new york called marcelus shale. largest natural gas find in the country. and guess what we're doing with those l.n.g. terminals? we're exporting natural gas y? drill, baby, drill. [applause] you want a lower cost? the reason and i'm almost done -- [laughter] i'll be very quick with my answers to the questions. the reason that we're seeing gasoline prices high is not because there's a shortage of gasoline. it's because there's...