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Alaska's North Slope shales may hold as much as 80T cubic feet of gas and 2B barrels of oil, the...

Alaska's North Slope shales may hold as much as 80T cubic feet of gas and 2B barrels of oil, the U.S. Geological Survey reports. The assessment, the first made of North Slope shale resources, is based on success in extracting oil and gas from similar formations, such as the Marcellus Shale. The USGS last year estimated Marcellus may hold as much as 144T cubic feet of gas.
Comments (28)
  • The Geoffster
    , contributor
    Comments (4009) | Send Message
     
    Yes, but it takes years to develop and fraking causes eathquakes. We need instant energy. Solar and wind are there for the taking and algae is everywhere. I'm already powering my moped on methane from the dog poop on my front lawn.
    24 Feb 2012, 08:00 PM Reply Like
  • Old Rick
    , contributor
    Comments (476) | Send Message
     
    Solar and wind are hardly there for the taking. They are both many multiples more expensive than NG. CNG is part of the future for gasoline replacement. NG and coal are 100 years of electric generation. Also, please show me/us the source of your contention that fracking causes earthquakes.
    24 Feb 2012, 09:53 PM Reply Like
  • spald_fr
    , contributor
    Comments (2702) | Send Message
     
    That's a nasty streak of sarcasm you've got there, Geoffster!
    24 Feb 2012, 11:03 PM Reply Like
  • Derastone
    , contributor
    Comments (55) | Send Message
     
    That is animal cruelty. That dog probably thought of pooping on your lawn all day and then you just come and extract it to feed your energy needs.
    25 Feb 2012, 03:59 AM Reply Like
  • tom_t
    , contributor
    Comments (259) | Send Message
     
    Solar and wind aren't going to power your car, or your train, or your factory. As for your moped, remind me not to get stuck driving behind you.
    25 Feb 2012, 08:14 AM Reply Like
  • tom_t
    , contributor
    Comments (259) | Send Message
     
    http://bit.ly/w4YiDh
    25 Feb 2012, 08:15 AM Reply Like
  • The Geoffster
    , contributor
    Comments (4009) | Send Message
     
    I have a sign on my lawn that reads, "Please don't clean up after your dog."
    25 Feb 2012, 09:43 AM Reply Like
  • The Geoffster
    , contributor
    Comments (4009) | Send Message
     
    tom: Be careful what you blog. Your sentiments are not well received in Pyongyang on the Potomac.
    25 Feb 2012, 10:00 AM Reply Like
  • LKofEnglish
    , contributor
    Comments (4386) | Send Message
     
    lately i've done experiments on my self to test my ability to convert the suns energy directly into me. in my last experiment i was able to run a marathon in under 12 minutes...so i'll keep you abreast of any future progess i might make.
    25 Feb 2012, 01:42 PM Reply Like
  • gorilablue17
    , contributor
    Comments (32) | Send Message
     
    We've been in Alaska for DECADES. It's not the FIRST, by a long shot!!!!!!!!!!!!!!!!!!...
    26 Feb 2012, 04:17 AM Reply Like
  • spbigger
    , contributor
    Comments (18) | Send Message
     
    That it takes a long time is all the more reason to get started as quickly as possible.
    26 Feb 2012, 08:38 AM Reply Like
  • spbigger
    , contributor
    Comments (18) | Send Message
     
    Right on !
    26 Feb 2012, 08:40 AM Reply Like
  • IncomeYield
    , contributor
    Comments (1460) | Send Message
     
    They will be selling nat gas at Dollar Tree and Family Dollar pretty soon!
    24 Feb 2012, 08:37 PM Reply Like
  • Joe Dirnfeld
    , contributor
    Comments (1128) | Send Message
     
    Compressed natural gas, that is compressed in order to ignite may be hazardous if not handled with care. Anybody out there know some about that? Is that a problem ? Please post.
    25 Feb 2012, 08:34 AM Reply Like
  • dividend_growth
    , contributor
    Comments (2878) | Send Message
     
    Nothing compared to lithium ion battery explosions.
    25 Feb 2012, 08:05 PM Reply Like
  • 867046
    , contributor
    Comments (398) | Send Message
     
    So Geoffster,

     

    How would you manage a one-time limited resource?
    25 Feb 2012, 10:29 AM Reply Like
  • diadochi
    , contributor
    Comments (199) | Send Message
     
    Party heavily, let the kids clean up the mess, seems to be the way we roll. :)
    25 Feb 2012, 11:11 AM Reply Like
  • fw762
    , contributor
    Comment (1) | Send Message
     
    All new cabs in Cairo, Egypt use CNG and service stations have a CNG pumps. The stations include the usual US ones.
    25 Feb 2012, 02:58 PM Reply Like
  • Financial Insights
    , contributor
    Comments (945) | Send Message
     
    2 billion barrels of oil? YES, enough to keep up with 80 days of U.S. demand.
    25 Feb 2012, 03:53 PM Reply Like
  • seekingbenjamin
    , contributor
    Comments (9) | Send Message
     
    2 billion barrels of oil shale. 20 billion barrels of onshore oil on state land. Up to 10 billion barrels in ANWR. At least another billion in the National Petroleum Reserve - Alaska. Offshore prospects could add 10's of billions more. What does that do for you?

     

    I imagine you would rather import it from Iran.
    26 Feb 2012, 12:58 AM Reply Like
  • Financial Insights
    , contributor
    Comments (945) | Send Message
     
    No one knows for sure how much oil is in ANWR. An extra 30 billion barrels of oil (maybe) on land is currently irrelevant when you take into account the costs and time to build a pipeline to transport it to refineries. I don't care where we get the oil I was pointing out that 2 billion barrels of oil is not a significant amount. Good job though.
    26 Feb 2012, 09:57 AM Reply Like
  • seekingbenjamin
    , contributor
    Comments (9) | Send Message
     
    1. The Point Thompson Unit buttresses ANWR and there is little doubt it goes into it. The field contains natural gas, condensate and oil. The 10 billion barrel figure ANWR figure is from USGS.

     

    2. There are pipelines and infrastructure in the area for additional exploration.

     

    3. There is 48 inch pipeline to export crude. It called the Trans Alaskan Pipeline. It has existed for more than 30 years.
    27 Feb 2012, 01:58 PM Reply Like
  • RM13
    , contributor
    Comments (710) | Send Message
     
    Yes, CNG and LNG are flamable, like oil. The CNG stuff stuff is also compressed, a bit more explosive. Of course, both pale in comparison to dog or Obama's poop as source of major energy.
    25 Feb 2012, 05:45 PM Reply Like
  • Augustus
    , contributor
    Comments (1918) | Send Message
     
    I have a sign in my front yard pleading for the dog walkers to train their dogs to shit on me. I collect it, extract the methane from the decomposition, generate electricity and sell it at a very nice profitable green energy premium to the people of California, while also collecting carbon credits. I dream that the St. Bernard can become a more popular breed..

     

    I made enough to buy the house next door, tear it down, and put up an Obama monument for the pigeons to land upon. Pigeon shit has only added to my profits. And I believe there is enough room on the new property for three small lawn jockeys. Where can I get iron statues of AlGore, AlSharpton, and Jimmah Carrtarr?

     

    Obama's algae and recycled dog shit should deliver us into an whole new world of energy independence. It will only be possible with a mandate that every home house a St. Bernard dog.
    26 Feb 2012, 12:05 AM Reply Like
  • spbigger
    , contributor
    Comments (18) | Send Message
     
    Great statement !
    26 Feb 2012, 08:43 AM Reply Like
  • Pvanola
    , contributor
    Comments (2) | Send Message
     
    Yes, alternative energy is a fun hobbie right now, but just like everything else, when the technology advances to the point where it can be offered more cheaply and easily to the masses than what we have now, the conversion will happen automatically. As always, the market and demand will dictate when this will happen. Obama and the tree hugging, Prius driving left have been trying to guilt us into forcing the issue, and just don't understand you can't force people to use what they don't want to, or in the case of healthcare, force us to buy what big brother government says we have to.
    26 Feb 2012, 03:59 AM Reply Like
  • PalmDesertRat
    , contributor
    Comments (2584) | Send Message
     
    There is also the scale-up problem. It's one thing to produce something in the garage or in the laboratory. It's often a much different problem to take that out into the world and produce it under large-scale industrial conditions.
    26 Feb 2012, 08:23 AM Reply Like
  • algore
    , contributor
    Comments (8) | Send Message
     
    Ha -Fraking causes earthquakes like a a truck going by on the highway causes "earthquakes" and that's from a USGS expert.

     

    Don't Freeze in the Dark
    27 May, 10:11 AM Reply Like
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