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Think gas shouldn't be under $1 a gallon right now? ..Bullshit...read this [View All]

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Justice Is Comin Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Sep-17-06 02:52 AM
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Think gas shouldn't be under $1 a gallon right now? ..Bullshit...read this
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You could be filling your tank for under a dollar a gallon right now and we shouldn’t be at the mercy of Saudi Arabia, the oil cartel or anybody else. The oil companies have been avoiding and sabotaging a technology which has oil right at their fingertips and right here in our backyard.



If word of this truly got national, it would start a riot. We know without a doubt they have orders right now from urine face and Cheney to steadily drop the price at the pumps so republicans can claim some sort of magic miracle of intimidation they have engineered against the oil companies. Whereas in actual fact, the price was artificially and purposely raised so it could be artificially and incredibly timely, dropped. They're employing every dirty election tactic that's in their GOP slime generating sewer because they're all-time record level desperate. But here's the REAL story.

If this don't make you furious, I don't know what will. All you “market driven” price believers, maybe this will convince you otherwise.

I knew I had heard it, now I have the link exposing all the dirty details..............................http://baltimorechronicle.com/2006/081806GORCYCA.html


~clip~

While the American public is struggling to pay $3 a gallon at the pumps, it seems that there is plenty of oil right here in North America that the oil companies have been ignoring for years, with an apparent wink and a nod from the U.S. Department of Energy.

Just recently the Wall Street Journal reported that Chevron was working with "new" steam injection technology in Saudi Arabia to recover millions of gallons of heavy crude oil trapped in rock formations surrounding "dry" wells. In reality however, this technology has been around since 1980 and patented by a Sam Miller in 1990 (U.S. Patent No. 4967840). Basically, super-hot steam is injected under great pressure into a dry well that fragments the rock formations down to 12,000 feet and releases oil in amounts that far exceed what the well produced in its lifespan. Geologists agree that as much as 85% of the Earth's oil reserves remain trapped in these formations, and what has been pumped out today is a small fraction of what remains. A U.S. Department of Energy Report dated 1980 even addressed this potential, but allocated no funding to pursue development of the technology. Why?

Furthermore, last year Miller's son teamed up with Hobson Secondary Oil of New Jersey and proved beyond any doubt in 15 field tests that the technology works flawlessly. In less than an hour after injecting 800 degree steam into dry capped wells, they began to flow at rates up to 1,500 barrels per day--without any negative impact to the environment. Hobson and Miller have offered their technology to the oil companies of the world at no up-front cost to the oil companies and guess what--no takers. Again the question is Why?


..................Anyone who does their homework on steam injection technology knows it works and works very well. In Mexico, Canada, and the United States alone there are over 3,800 capped wells capable of producing over a billion barrels of oil over the next 100 years. Steam injection technology could easily drop the price of oil back down to under $1 a gallon at the pumps. The only question that remains is whether our elected officials and the big oil interests that fund them, will let technology prevail over the profits of the oil giants. Don't hold your breath


Our Democrat leaders should get in touch with Hobsons and call a live press conference with these company owners as soon as they can get them to Washington and expose these oil hijacking price raping bastards for what they are. Just in time for the election.

Let them explain to the nation why a company willing to work for nothing in exchange only for a small percentage of what they can generate with unquestioned confidence, can't even get a response to come in and extract oil from wells that are sitting there rich with oil and doing absolutely nothing.

If only 3,000 of the almost 4,000 wells sitting dormant were producing only 1,000 barrels a day which is far less than this company feels can be extracted with this technology, that would equate to as much as the entire country of Iraq was producing prior to invasion.

And you poor oil company fuckers want us to believe you are breaking your backs with generosity to charge us $2.50 a gallon huh? Tell it to the finger.

If the trucking companies heard about this, they would be driving their eighteen wheelers right through the White House fence. :grr: :grr: :grr:


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