The technology has been around for decades, but of course like everything else, the technology gets better every year.
Horizontal drilling is especially effective where you have vertical faults, you can drain as much oil from a single horizontal well as from a dozen vertical wells. It's also proving to be effective in draining "tight" shale formations, which hold the bulk of this countries untapped oil. It also holds promise in environmentally sensitive areas like the California coast.
Pretty sure them boys have the latest tec. stuff for drilling, good saftey standards, hellva a reputation in all the major oil fields of the world. After all who are the three biggies in oil.
Exxon Chevron Cuba
And if there is an accident like BP had Cuba will pony up just like BP or maybe even better. Probably all have cigars.
Sure, you will be happy to know that China is Cuba's drilling partner. Years of embargo really worked, didn't it?
This is what is happening all over the world because we are too fucking busy yelling right wing, left wing, liberal, conservative, lower taxes, higher wages, big government, small government, kill all the poor people, let wall street run wild, more regulation, less regulation, Obama is a muslim, Obama is not a citizen, Obama hates white people, second amendment, fourteenth amendment, border fence,round up and all deport illegal immigrants, don't illegal immigrants children in schools, 2/3 of children are born to illegal immigrants and the list goes on..... All the while China is extending its power all over Latin America and is getting closer and closer to our shore.
The sad part is we are not talking about what is best for our country and our people. Neither party has done it. All they want to do is talk up irrelevant and stupid issues which will affect our country negatively in the long run.
Productive and visionary debates are essential but all our debates at present is useless.
China is not bashful in looking out for it's national interests, and they have been kicking our ass in at least five different continents. China, unlike us, has no lack of political will to look out for it's interests. If we insist on fighting with one (or both) hands constantly tied behind our backs, we will be no match for China. Even if we take the gloves off, we still may be no match for the Chinese.
After Willy, AF posts the most absolutely stupid shit of any other poster on this board. I guess it's a case of being second, but trying harder. He manages to capture the inanity of WW and combine it with the writing skills of liorr. lmao
a video clip on shale oil drilling into a political rant. I've known about shale oil since the early 1970's, but at that time, the recovery of it was considered too expensive per barrel to go after it. Like GaGambler, said, the techonolgy has improved to the point where it is now cost effective. My youngest sister is excutive secretary for an oil company that buys the rights to closed wells, reopens them, and extracts more oil. That has also become cost effective. They have wells offshore in the Gulf, and California. Btw, it's not a Chinese company, lol.
I'm a artisan jewelry designer and part-time provider; I'm not a wildcatter (do they still use that term?). I read a lot and even occasionally write articles, but I only read what I hear about. This was the first I'd ever heard about horizontal drilling.
And what's with the political rant? It was a simple informational clip. My admission of ignorance wasn't meant to be a springboard for you to spout all off about your political agenda.
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