US Shale Oil Downgrade - What Should We Learn?

I picked up a job working for a fracking company as one of their electronics techs so I have been doing a bit of a blog over at another site about it.

Tcmtech has gone Fracking!

I have no clue about where those numbers are coming from being the oil reserves we have in the ND region are pushing a trillion plus with a ~30+ % recovery capability given present technology and those numbers come directly from the geologists measuring and number crunching here in the fields.

Presently we have developement of the Bakken, Three Forks, Goliath, Birdbear, Lodgepole and several other deeper formations I cant recall the names of yet going on. Total estimated combined volumes are over 1 trillion bbls and then there is the possible super formation about 7 miles below our feet that if it is what they think it is it would make what we are dealing with now look like oil drips in a driveway!

I sort of go with Will Rogers on this: I believe half of what I read, and none of what I hear. Especially when nearly every source out there has an axe to sharpen on someone else's stone. I say give em all the blood eagle, wretched lot of traitors!

It rains on the just and the unjust alike, so let it rain. The just will stand, and eventually the unjust will perish from the earth. Right now the biggest wolf is the economy, not some environmentally pristine pipe dream. Get people working again, get the mills producing, move our products into foreign markets, then we will talk again. Until then, hot air is just that, hot freaking air. Oil takes less water to produce than corn, so knock it off. Producing grain for alcohol was never a good idea, it is still a bad idea, and it will never change to magically be a good idea. It is a government program designed by people that only know if there whiskey bottle is full or empty.

People who count on the government to fix things are nothing more than lazy dogs, hoping someone will throw them a bone. "You" make me want to puke. There are all sorts of technological breakthroughs in water production/purification, but they all take money, and energy to make the water resources of high enough quality to satisfy the basic needs. After conservation is maximized, one still has to find resources and determine the best way to use, or reuse them.

All of West Texas could be irrigated with water from the wastewater treatment plant of Denver, CO, but the EPA has dictated that all of that water has to go into the Platte River, so Omaha can have a drink of it. Does that make sense to you?

By the way, Denver is "mile high" while Lubbock, TX is only 3320 ft elevation. This means that while tranferring this water to West Texas, hydroelectric power can be recovered about every 700 ft in elevation drop. This makes a lot more sense than pumping water up the Mississippi, now doesn't it?