The Forum > Article Comments > Weakening shale productivity 'very bullish' for oil prices > Comments
Weakening shale productivity 'very bullish' for oil prices : Comments
By Nicholas Cunningham, published 16/9/2019They note that US oil production is up less than 100,000 bpd over the first seven months of 2019, compared to the 600,000-bpd increase over the same period in 2018.
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That said not the case for tar oil sands and new technology that makes them and the Edmonton reserves both available and secure from Middle Eastern influence or mischief! Edmonton,e.g., is allegedly large enough to rival the entire M.E. reserves.
And just needs something resembling a heat source like MSR thorium ought to be deployed at the lowest point of the reserve to allow the heat to percolate on upward and make the entire reserve eventually available!?
Time the west got total independence from OPEC and their Rusian partner in crime! And only available if we use MSR thorium as a principle energy source and use it to make Edmonton available or better yet, convert inexhaustible seawater into a medley of alternative hydrocarbons, using tried and proven technology to forever cut the umbilical oil cord with foreign nations and weaponised oil!
All current oil reserves started lif as algae, some of which are as much as 60% and under optimised conditions can double their growth or population numbers, every 24 hours. And can be grown in recycled effluent in large clear plastic pipes as an alternative source of income from land not suitable for any form of agriculture.
After that, it's child's play to make hydrogen from water via the catalytic cracking of the water molecule.
Modern technology and closed-cycle systems make this yet another safer and far more sustainable outcome than being tied to other nation's weaponised oil!
Cracking the hydrocarbon more fraught!
Alan B.