Healthy soil and sustainable growing

["TradingPostPaul" <tradingpost@riseup.net>]

A shot in the arm for the local economy I'm sure. Unfortunately it means
little for fossil fuel decline in this country. Even if the industry is
right about the potential of the Barnett Shale, it would still only produce
about 5 or 6% of this country's total natural gas production. See the quote
below. And nothing to do with oil. Once again, no magic answer to fossil
fuel depletion. Get used to it.

"Gas executives predict that the current production of 1.5 billion cubic
feet a day — 2.5 percent of the national output — has the potential to
climb to 3 billion to 4 billion cubic feet a day in a few years."
http://www.thebarnettshale.com/


paul tradingpost@lobo.net



*********** REPLY SEPARATOR  ***********

On 5/14/2007 at 5:55 PM bob@4agoodauction.com wrote:

>>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.
>
>This Barnett Shale is a bonanza. One of the biggest plays however deep it
>is. Some times found from 5,600 to 8,000 feet down. Takes a lot of money
>to drill just one well. Here in Fort Worth, Tx. There are producing wells
>down the street in both directions. Below in Kennedale there are 100's of
>new wells. No this is one of the largest finds in history for natural gas.
>There are two very deep layers that go from North Texas all the way down
>I35 to Austin the state capital. Bob c
>
>
>
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