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  • Update: BP Taps 'Her Majesty' For Help With Its Legal Woes [View article]

    Its difficult to understand your zealous defense of what appears to be by many an inequitable settlement that BP mistakenly agreed to.

    It seems to me that If indeed you have a legitimate claim than accordingly you would have nothing to fear in having that claim verified by the courts and it would seem to me that courts would serve justice for all by verifying the legitimacy of each claim.

    I don't understand why anyone would object?

    Unless of course your claim is frivolous.

    Do you have a claim, Specialist?
    Sep 8 02:47 PM | 3 Likes Like |Link to Comment
  • Monterey Shale downgrade doesn’t dent U.S. shale boom, experts say [View news story]
    This is why OXY planned to spin this off (Pawn this off) on the new shareholders of the their proposed new entity that was to be made up of the California properties and the Bakken in the Williston Basin in North Dakota.

    They couldn't sell their Bakken play... it seems that they are the only oil company that has failed to find oil in the prolific Bakken, kinda funny

    Their bakken well results are miserable compared to other operators' wells in the same township.... it looks like they don't understand the best practices when it comes to unconventional shale drilling/completion?

    or the people they have in place in their Williston basin unit are inexperienced and/or incompetent.

    The 30 year old young lady they have running it is using friends she went to college with instead of the seasoned Bakken companies that have been working the play since the beginning... curious
    May 23 02:18 PM | 4 Likes Like |Link to Comment
  • U.S. cuts estimate of recoverable Monterey Shale oil by 96% [View news story]
    OXY knew it already... that's why they want to pawn it off - whoops I mean spin it off into a separate entity...

    Looks like they got caught...

    OXY wanted to package it up with their Bakken acreage...

    another disappointment they want to pawn off - spin off...

    OXY's Bakken play is being a run by a 30 yr old nitwit...

    they are the only Bakken Oil Co who can't find oil in the Bakken...
    May 21 12:33 PM | 1 Like Like |Link to Comment
  • Natural gas is Wall Street's bet on climate change [View news story]
    Global warming?

    hocus pocus...

    The glaciers have been melting for 10,000 years... they used to be as far south as the Bakken in North Dakota...

    this has occurred without the emissions of a single gasoline engine or coal fired electric turbine for about 9,900 years...

    these so called "scientists" are actually welfare recipients that have created an industry with Federal Grant funds that they "feed" off of like parasites.
    May 9 01:51 PM | 3 Likes Like |Link to Comment
  • Oil companies fight plan to slow North Dakota energy production [View news story]
    If you look at the GAS PRODUCTION numbers from a typical Bakken well you will see that right after a well is fracked and begins production that it produces a disproportionate amount of the total gas that will be produced by the well in the first several months of production.

    This is called the FLUSH GAS.

    Its like letting the air out of a tire. At first the gas rushes out sounding like the jet engine that the misinformed Doctor from Watford City described in the NDIC hearing referenced in the article. After several months it settles down to a lot smaller flare.


    If you back the FLUSH gas out of the ALARMISTS' equation you'll find that the majority of Bakken wells are flaring the 3% that is the national average.

    figures lie and liars figure...

    Apr 23 02:28 PM | 8 Likes Like |Link to Comment
  • North Dakota's new shale problem: radioactive waste [View news story]
    there they go again....

    so scared of American energy independence...

    the eco-Nazis... are leaving no stone unturned in their pathetically desperate efforts to shut down the hydrocarbon energy industry...

    but alas it sounds like your dentist is more dangerous than a bakken oil well!
    Apr 16 02:07 PM | 5 Likes Like |Link to Comment
  • Kodiak: Fast-Growing Bakken Producer Is Too Cheap [View article]
    "in the Williston Basin (part of the Bakken formation),"

    FYI... It looks like you have that backwards?

    The Bakken formation is on of several formations that are productive in the WILLISTON BASIN... an oil and gas basin that has been productive since 1951.

    The WILLISTON BASIN is a geographic area that includes the western half of North Dakota, the eastern half of Montana, a large portion of southern Saskatchewan and part of northwest South Dakota...

    The WILLISTON BASIN is productive in the Bakken, Three Forks, Madison, Red River, Radcliff formations and potentially the Tyler formations, to name a few...

    back to your call on Kodiak, you're spot on especially when you consider that the majority of Kodiak's acreage is in the sweet spot of the Bakken/Three Forks play.
    Feb 11 03:29 PM | Likes Like |Link to Comment
  • PHMSA says Bakken crude may be more flammable than typical heavy crude [View news story]
    Perhaps... it would be useful to look at the operations of the railroads... it seems that they are having accidents all the time. this appears to have been caused by their negligence

    and what about all the chemicals that the RR haul?

    they've been hauling highly corrosive and volatile chemicals through major cities for a hundred years...

    I've always wondered why the RR are not required to run by-pass tracks around population centers... seems like that would lessen the danger to life and property for both crude and chemicals.
    Jan 2 03:59 PM | Likes Like |Link to Comment
  • 2 Takeout Candidates: Continental Resources And EOG Resources [View article]
    since Harold Hamm owns the majority of Continental's stock...

    the notion of sale without him indicating that he wants to sell...

    seems funny... right?
    Nov 23 11:01 AM | 2 Likes Like |Link to Comment
  • U.S. has "overfracked and overdrilled," Shell exec says [View news story]
    sounds like a guy who was late to the party...

    bought crappy acreage....

    & wants to talk the shale business down...

    so he can come in and buy some good acreage low...
    Oct 18 10:41 AM | Likes Like |Link to Comment
  • Report: Top 50 polluters emit 75% of greenhouse gases [View news story]
    Question: if you had 10,000 marbles in a fishbowl, and the fishbowl represented the earth’s atmosphere, how many of the marbles would represent CO2?

    Of course you know that the answer is 4

    Question: in the past hundred years, how many marbles of the 10,000 total would represent the increase in the amount of CO2 in the atmosphere?

    Of course you know that the answer is 1

    Global Warming... Climate Change....

    The Glaciers have been melting for 10,000 years... FACT

    Only fools predict the weather....

    Only Idiots believe them... LOL
    Sep 12 08:51 PM | 11 Likes Like |Link to Comment
  • Fossil Fuels Contain Buried Risks; Look To SolarCity For Growth [View article]

    the glaciers have been melting for 10,000 years... since the last ice age...

    Coal Electric Plants and Gas combustion engines have been around for a little over 100 years...

    Question: if you had 10,000 marbles in a fishbowl, and the fishbowl represented the earth’s atmosphere, how many of the marbles would represent CO2? 4 out of 10,000

    Question: in the past hundred years, how many marbles of the 10,000 total would represent the increase in the amount of CO2 in the atmosphere? 1 out of 10,000

    It would take over 400 of the world's largest Nuke reactor to replace the btu's of gas and replace the USA's auto fleet with electric cars...

    solar and wind are a pipe dream.

    Gasoline is the world's most efficient/ compact store of feasible energy.
    Aug 22 11:33 AM | Likes Like |Link to Comment
  • Charlie Munger Thinks Oil Is Absolutely Certain To Become Incredibly Short In Supply [View article]
    Barrel of oil equivalent (boe) = approx. 6.1 GJ (5.8 million Btu), equivalent to 1,700 kWh.

    1700 KwH = 1.7 MwH

    One barrel (42 gallons) of crude oil, when refined, yields approximately 19.6 gallons of finished motor gasoline. The remainder of the barrel yields distillate fuel oil, residual fuel oil, jet fuel, and other products.

    In 2008, the United States consumed about 137.80 billion gallons (or 3.28 billion barrels) of gasoline, about 3% less than the record high of about 142.35 billion gallons (or 3.39 billion barrels) consumed in 2007. Consumption in 1998 was about 126.52 billion gallons (or 3.01 billion barrels).
    US gas consumption in BOE

    137,000,000,000 gallons of gas/19.6 gallons of gas = 6,989,000,000 BOE (2007)

    US gas consumption in Megawatt Hours=

    6,989,000,000 BOE (2007) x 1.7 Mwh = 11,881,000,000 Mwh

    US Annual Electric Production Capacity (2007)
    Net Generation (megawatthours)

    4,156,745,000 MwH

    How many nuclear plants are needed to generate enough MwH's to replace oil/gas for US autos?:

    Largest Utility Plants by Net Generation - Palo Verde (Nuclear) - 26,782,391 megawatt hours

    US gas consumption in Megawatt Hours

    6,989,000,000 BOE (2007) x 1.7 Mwh = 11,881,000,000 Mwh

    11,881,000,000 Mwh / 26,782,391 = 443 "palo verde" class Nuke plants needed to power US automobile fleet with electricity in 2007

    Now apply this to "switch grass", "biofuels" - in any form, wind farms, solar panels.... algae...

    and don't forget to include the costs of infrastructure as well as the cost of replacing all the cars...

    and oil looks like it might still have legs?

    and don't forget that current electricity production is used for a/c and lights... and we run brown outs at peak consumption...
    Aug 13 07:09 PM | 9 Likes Like |Link to Comment
  • Continental Resources (CLR) disclosed in February it was committing $95M to an unnamed oil pipeline, but it turns out the pipeline is a $300M project being developed by a partnership controlled by founder Harold Hamm and his family. Directors say the deal was fully vetted to avoid conflicts of interest, but investors are growing increasingly wary of close ties between energy companies and their executives. [View news story]
    doesn't Harold own 68-70% of clr? and control over a million net acres of Leasehold in the Bakken/Three forks?

    My guess is if you think his 'dealings' may diminish your investment...

    it would be your loss if you sold... not his
    May 13 08:40 PM | Likes Like |Link to Comment