jlf1961
Posts: 14840
Joined: 6/10/2008
From: Somewhere Texas
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Actually, the oil is in PA, GA, AL, MS, FL, LA, TX, OK, KS, MO, CO, WY, MT, CA, OR, WA, and AK.
And it is two different kinds, shallow oil, 10,000 feet and above, and deep oil, 15000+ feet.
We have a shortage in shallow oil, the deep oil has only been tapped with test wells, and then left alone. The reasoning is simple, with present technology, getting the deep oil from those wells is next to impossible, and there is no good reason to try and solve the problems.
Those very dipsticks in DC made the problems, way back in the Reagan era and nobody has the balls to say that great Ronnie was wrong.
Of course, there is an abundant supply of offshore oil, in the gulf, the southern atlantic coast, west coast, artic ocean, however, every environmental group has protested drilling off shore to the point that just the cost of fighting the battles in court makes offshore drilling to frigging expensive.
It also doesnt help that half the wells drilled in shallow fields between 1980 and 1988 have been capped, made part of the strategic reserve, and even if they could pump it and sell it, the max price they could sell it for is 43 dollars a barrell, the 'old' oil cap set by Reagan.
Then there is the fact that the American oil companies have been standing with the car makers to get congress to allow a phase over to non hydrocarbon based fuels for ten years.
Congress wants more studies done, the EPA wants enviromental impact studies and reports, and the DOT wants studies on how to transport the stuff.
Hydrogen can be refined for Hydrogen fuel cells, power cells, and into Hydrogen Peroxide, which when burned releases water and oxygen. The current engine technology can run on a 45% to 50% mixture that is non-corrisive, perfectly safe, and is in fact safer to transport than most other chemicals.
Once hydrogen is pulled off crude oil, you have a slurry of carbon and water, which is then cleaned, dried and you are left with carbon, which is the basis for the largest majority of composite materials.
Hydrogen and Hydrogen Peroxide is pretty cheap, and carbon would be the cash cow product from the refineries.
Oil companies maintain profit, we stop polluting, sell the tech overseas, and air pollution goes bye bye.
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