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Energy smokescreen

February 16, 2014

Energy independence is a word that is being rolled out and it’s going to be heard more often. It’s a smokescree....

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(21)

BornHere

Feb-19-14 7:21 PM

Law Allowing Keystone Pipeline in Nebraska Struck Down.

See: USA TODAY 2-19-2014

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USABorn

Feb-18-14 11:18 PM

The oil coming thru the Keystone pipeline would be the HEAVY SOUR CRUDE coming from the tar sands of Canada. Our refineries prefer the LIGHT SWEET CRUDE. The U.S. has little capacity for refining the heavy crude. The refining is much more expensive than light crude, but other countries will take it. Hence the pipeline.

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pinecr

Feb-17-14 10:57 AM

oh, enigma, you too are buying into the propaganda that this ng is intended to be used here i the States...sorry to tell you, but it is not.

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pinecr

Feb-17-14 10:54 AM

Great letter and thank you to the writer, but unfortunately there will be people like erik...the gashole cheerleader, who will have something to say about how wrong this letter is. I have been saying this for 2 years or better, but people just can't seem to think for themselves. The gas is not staying here so why are we allowing the gas industry to ruin our beautiful mountains just so they can get rich and China will get the gas. WAKE UP PEOPLE, STOP FALLING FOR THE GAS INDUSTRY PROPAGANDA. We have gotten nothing out of the gas industry being here other than bad roads, acres and acres of forest gone, the mountain tops raped, ignorant gas workers brought in from outside the state, and we will soon be left with water we can't drink and air we can't breathe and natural gas prices higher than oil prices.

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Scott36

Feb-16-14 8:40 PM

Gavin,

I hope that your estimate of 10-15 yrs. is close to being correct. I do believe however that fossil fuels will always(or close to always) be part of the picture.--Be Safe, & Happy!!-Scott

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gavinf56

Feb-16-14 7:20 PM

I agree Scott. At some point alternative energy sources other than carbon based fuels will be the cost effective choice. Unfortunately, that doesn't appear to be so anytime soon (10-15 years out).

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Scott36

Feb-16-14 7:07 PM

I have no problem with solar and wind power, but they cannot now, nor will they ever be able to provide all of our needs.-enigma

You are privy to this information how??? Technological advancements are constantly progressing. Look at light bulbs for example, they(the new variety) use less energy than the older ones. Years ago batteries never lasted as long as they do now. Do not sell the human race short when it comes to improving things.-Scott

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enigma

Feb-16-14 1:55 PM

"By using fossil fuels I feel we are putting all are eggs in the wrong basket. But, hey, that is my opinion." -rick424

It's the only basket we have, what would you have us do with our eggs? I have no problem with solar and wind power, but they cannot now, nor will they ever be able to provide all of our needs. There are also many environmental concerns with both. When it comes to fossil fuels, I say, don't waste it and keep it as clean as possible, but keep it coming.

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enigma

Feb-16-14 1:49 PM

"Right now, the only reason for the Keystone Pipeline is to get Canadian oil to the Gulf for export, mainly to China. It's not going to benefit us, why build it?"

If this were true it would be cause for concern, but it is not. If we do not build the pipeline, then Canada will have no choice but to build a pipeline to the coast and send the oil to China, but the keystone pipeline is intended to take oil to our refineries so that we don't have to use Middle Eastern oil. That's a good thing. If you're going to get all exorcised about something, at least let it be something real.

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gavinf56

Feb-16-14 11:43 AM

"Natural gas is three times our price in Europe and five times in Japan." - Robert Belz

It's because of the taxes imposed by the respective Governments that causes this. Not the worldwide price of the commodity.

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Scott36

Feb-16-14 11:25 AM

Total economic ignorance on display in this LTE!-eriklatranyi

This particular LTE was focused more on what's better for America--Some people think like that. Your reaction seems to point out that you feel that $$$$$ are the only thing that counts.-Scott

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rick424

Feb-16-14 10:00 AM

By using fossil fuels I feel we are putting all are eggs in the wrong basket. But, hey, that is my opinion.

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ToTEXASfromPA

Feb-16-14 9:53 AM

that is a couple of million dollars in initial investment costs. OPEC policy has created an artificial tier; if they opened up their wells to drive down price, the Bakken and Wolfberry development would stop.

We do need to re look at our energy policies as a country to do what is best for the US.

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ToTEXASfromPA

Feb-16-14 9:53 AM

the world because of the technology, safety systems, better environmental practice, integration of by-products to adjacent chemical plants, etc. Jobs would stay here instead of being exported to other countries.

As far as why oil price escalated, it was because China's emergence of a big energy user and the OPEC countries still regulate their oil exports to keep price up. These higher oil prices did lead to innovation (horizontal drilling/fracing) in North Dakota Bakken formations. Even with this, economics are marginal but they have less political risk. The smaller independents with lower overheads can make a better go of it. At the lower prices of twenty years ago, these wells would be a negative investment and US production would be less. Even Wolfberry development in west Texas is increasing because of the technology to unlock it and the oil price to sustain it. At much lower prices the development would not be economic. You need a good revenue stream to pay out a well t

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ToTEXASfromPA

Feb-16-14 9:52 AM

There are some individual points in this LTE I can agree with but there are some other factors that need to be considered. We need to look at more than oil and natural gas.

As a nation, we have lots of coal reserves (and they are the cheapest to produce per energy basis) but we have chosen to not use them even though they are readily available. If many of the power plants were still coal instead of switching to natural gas, the electric costs would be lower.

Because of new technologies (combined horizontal drilling and fracing) decades if not centuries of natural gas have been unlocked. More people should move from liquid fuels to NG. This requires more pipelines for distribution and conversion of mass transit, local trucking and garbage collection to CNG fuels. This would lead to lower heating bills and price at the pump.

Lastly, more available oil to the US refineries would keep gasoline and fuel costs down to consumers. The US could remain the refining capitals of th

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BornHere

Feb-16-14 9:45 AM

The largest increases in total initial claims for the week ending Feb. 1, 2014, Pa. rated 3rd (+2,448) See: Department of Labor and Industry

Report: Exaggerating the Employment Impacts of Shale Drilling, How and Why.

See: Multi-State Shale Research Collaborative 11-21-2013

Six State Study Confirms Job Numbers Exaggerated by The Fracking Industry.

See: Network of Oil and Gas Accountability and Protection 12-20-2013

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rick424

Feb-16-14 9:27 AM

Excellent letter. I also went to those town hall meetings. A lot more wasn't said.

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CMReeder

Feb-16-14 8:33 AM

Excellent letter!

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MrShaman

Feb-16-14 7:27 AM

"It was about six years ago when we were told we were running out of oil and the oil companies ran the price of gasoline to almost $4.50 per gallon." - Robert Belz

*

You'd think "conservatives" would be a little-more thankful for The President's innate-abilities as an oil-man, when he (pretty-obviously) HELPED the folks, at Big Oil, "rediscover" all o' those capped-wells they'd "forgotten-about", in the Gulf!!!

See:

4,600 oil wells ‘at risk of leaking’ in Gulf of Mexico | News | The Week UK

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eriklatranyi

Feb-16-14 7:15 AM

Total economic ignorance on display in this LTE!

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gavinf56

Feb-16-14 6:17 AM

See;

"What Is Fueling the Made in America Movement?" - Bloomberg TV.

Apparently the low price of energy here in the US, and in particular "fraced" natural gas, is bringing those manufacturing jobs back home.

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