Pretty much an ocean of oil
Posted by TFG on May 16th, 2008
Geology.com has an article telling everything you could possibly want to know about North Dakota’s great oilfield. Production is now ramping up rapidly. Since Teddy Roosevelt’s day, no one has paid much attention to North Dakota. It is perhaps the only place in the US where a large new oil development could proceed unmolested by decades of lawsuits. But even greater troves of fossil fuel exist in the Gulf, the Rockies, and the Arctic. There is no need for the US to bankrupt itself with purchases abroad. Nor should we tremble over global warming that ended a decade ago, and was never persuasively linked to anthropogenic carbon. A second US oil boom would buy time for transition to other, more technologically advanced fuel sources — and I do not mean the poupourri of so-called “alternative” fuels.
I’ve highlighted the most relevant part of that. God, I detest the NIMBYs. It’s a personal embarrassment to me that our president has to go begging the Arabs for more production (after we showed them how to produce in the first place) simply because we’re far too pussified to do for ourselves. That kind of pusillanimous hat-in-hand crap disgusts me, but I’m feeling very lonely in my place here saying we should pump that shit ourselves. No, we Americans are much more worried about the damn polar bears and caribous and ocean views from the vacation cottages, than we are about our grandkids.
Where are all those bright boys who were saying we should be paying more for gasoline, just like Europe does? Heard much from them lately?




May 17th, 2008 at 8:30 am
Maybe they’ve learned enough not to gloat as it has acheived so many goals, cutting gasline usage, raising taxes, harming the US economy, and probably getting Lord Change, the Marquis of Hope elected in November with a strngly
DemocratProgressive Congress. Nah, that’d require more self control and civility than they’ve ever managed to show before.Hang on for the ride.
On a serious note, it is time to redirect investments accordingly.