Healthy soil and sustainable growing

[Tony Marzolino <tmarzolino@yahoo.com>]

Hello Paul,

Thanks for the information. However, in upstate NY around the Southern Tier, Fortuna is drilling for gas all over the place and trying to lease every piece of land.  It is my understanding they have found some deposits. 

 

Tony Marcelino

Berkshire, NY

TradingPostPaul <tradingpost@riseup.net> wrote:

> The "oil shale" in Colorado is misnamed; it's just rock that can be ground
> and processed to yield kerogen which is only a chemical precursor to
> petroleum. Apparently it has some use when refined, but the process uses
> more energy than the energy yield from the final product. There isn't any
> actual oil that can be pumped out. The holdup isn't the price of petroleum
> at all; it's the fact that it's production is a net energy *loss*. A
> negative EROEI.
>  The more you produce, the more money you lose. 
>
> Now the shale they're drilling into in TX isn't the same thing at all.
> They're able to get gas and oil there. Still, the oil business in TX pretty
> much died years ago, and the U.S. oil production peaked about 1970. There
> are no new significant discoveries in this country. This is all common
> knowledge in the oil industry. Gas drilling got a boost recently from
> special tax breaks but without those subsidies there'd be almost no new gas
> drilling in this country. 
>
> paul tradingpost@lobo.net
>
> *********** REPLY SEPARATOR ***********
>
> On 5/13/2007 at 12:03 PM Gloria Baikauskas wrote:
>
> >Then why are they drilling all over the Barnett Shale in Texas where I
> >live? You can't go a block in some areas without finding a new gas
> >well.......and I know that isn't oil....but they say after they take the
> >gas they are going after the abundance of oil they found there, too.
>  
> > 
> > Gloria
> >
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>
>
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