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  • I Love My 'Magic Pants' And My Partners Wear Them Proudly [View article]
    It's sounds logical to me. I like shoes and pants, pots and pans, underwear and foot garments.

    But I also like curing the blind, waiting for spot in line for the labs, and looking for a minutes report to not hold my breath over.

    Thank you.
    Mar 22 09:57 PM | Likes Like |Link to Comment
  • Fracked Water, Meet SmartSponge [View article]
    Listen, I do not want to eat a sponge molecule. So for that chore I'd choose Doritos Fire Oven flavor chips that they couldn't sell in Indiana or something. then mash them together in tootsie roll configuration and sell it as wood burner stove fuel for garage heating.
    Feb 14 05:37 AM | 1 Like Like |Link to Comment
  • Fracked Water, Meet SmartSponge [View article]
    So if they put this stuff in a canister and ran all their filthy ocean water through it, it will scavenge all the oil and leave the water. What's the problem?
    Jan 8 10:49 AM | 2 Likes Like |Link to Comment
  • 3 Things Exxon Mobil Should Do To Maximize Shareholder Value [View article]
    I would think reduction of the State and Local Fuel taxes would be on the list. At $3/gal. we're only paying about .70 {cents} a gallon for the fuel. How many "supposed" necessary poor immigrants have we to provide life saving medical care to anyhow? Or is it late Social Security payments for the elderly?
    Dec 25 06:14 PM | 3 Likes Like |Link to Comment
  • Fracked Water, Meet SmartSponge [View article]
    What the heck people, it''s just a stock.
    Dec 22 12:53 PM | 1 Like Like |Link to Comment
  • Will Natural Gas Rally? [View article]
    "Continental estimated in late 2010 that the Bakken field would eventually yield 24 billion barrels of oil equivalent (Boe), based on technology available at that time. This estimate included 20 billion barrels of oil and 4 billion Boe of natural gas, and assumed 577 billion barrels of original oil in place in the Bakken and TF1. With the addition of oil found in the lower Three Forks benches, which includes the TF2, TF3 and TF4, the Company now estimates the field has 903 billion barrels of original oil in place, a 57 percent increase."
    Dec 8 12:44 PM | Likes Like |Link to Comment
  • Wal-Mart (WMT) reportedly plans to deny health insurance to new employees who work fewer than 30 hours/week. The policy change will use an Obamacare loophole to shift the costs of health insurance to the government. [View news story]
    Well said. "There is no excuse for a company that has so much profit annually to keep taking from the workers and expecting everybody else to foot the bill through their taxes."

    Taxpayers are making up the difference in costs of living. and it is entirely their ideal to do so all year long. Plus the part-timers they are hiring presently for the holiday seasons {some of which will replace current full-time workers} are also still on the Government til.
    Dec 3 07:55 PM | 3 Likes Like |Link to Comment
  • Will Natural Gas Rally? [View article]
    In short, no - it will not rally. That's why they are drilling for so much of it. Speaking of volume.
    Dec 3 10:10 AM | 2 Likes Like |Link to Comment
  • Fracked Water, Meet SmartSponge [View article]
    Why would you happen to believe they do not already regulate this industry? See the ground water is many thousand feet above the oil formation. The mixed frac gel and water goes downhole into the ground through double cement jobs {surface casing and production casing} AND then into the oil formation. So how do you see oil or gas {or fraccing fluids} coming into contact with your drinking water?

    It's not only unlikely, but rather impossible. Many; if not all, of the claims of contamination are hoaxes that have been debunked. Jerks trying to win lawsuits were actually piping propane into their water lines! However, building contractors and state employees have damaged gas lines and covered them too.

    I expect that soon people trying to popularize such claims will be sued for spreading false propaganda because they seriously know nothing of the business.
    Fraccing has been done since the 40's at least, and there have been no problems with the water supply becoming contaminated in all that time. You need to expand your blame to the areas more likely than oilfield businesses. I am sorry, if you have a personal complaint.
    Nov 29 07:29 PM | 3 Likes Like |Link to Comment
  • How Will Markets Discount The 'Fiscal Cliff'? [View article]
    "buy the rumor and sell the news". That's a good one to remember.

    Good article. Thnx.
    Nov 28 10:40 PM | Likes Like |Link to Comment
  • Fracked Water, Meet SmartSponge [View article]
    Waste Management doesn't get involved in silly companies with some half-crocked idea I assume you. But I am in Colorado and have done Fracs in Texas, Nebraska, Wyoming, Colorado, and Utah. Those high water use numbers are indeed for "multiple zone" completions. We, however, do not frequently do a multiple zone completion as it's simply unnecessary in the D-J basin. In horizontal finished wells these big jobs are becoming popular, but that method isn't not commonplace either.

    For last year:
    "Half of the gas well drillers report at least some of their 2012 wells will be drilled horizontally, compared with only 21 percent of oil well drillers who expect to drill horizontal wells. "
    Reference -
    See also:

    The well expectations I suspect may be substantially on the high side. Anadarko has speculated they that may drill as many as 38 wells in just Colorado this coming year. That will account for the bulk of the entire state with a few others expecting to increase new well numbers later, until they finish current new well sites and production is finished up for continued operations.

    See Denver Post:

    Things are actually winding down in much of the U.S. with smaller rigs staying plenty busy, but big rigs staying onsite longer due to complex operations. The boom areas will be busy of course, but established areas have been leased out.

    I'm not panicking over any regulations about fraccing. If there is a risk we would know it and avoid it. And we aren't going to destroy ground water or other resources unexpectedly in some new way with any chemicals. Once you know how it's done and why - it's pretty straightforward in it's simplicity.
    Nov 27 11:38 PM | 2 Likes Like |Link to Comment
  • Fracked Water, Meet SmartSponge [View article]
    Two points.

    !. Why are you getting oil in your frac water? The water goes downhole into the well, and stays there until they start to produce them. Then they generally have to separate the water for ordinary reasons as oilwells have up to 50% salt water already prior to frac treatment.

    2. Over a million gallons of water is not the norm at all in frac services. We would use up to 100,000 gallons though generally, but million gallon frac jobs are definitely not the usual need for Natural gas wells. For oil wells the common use is around 1-200,000 gallons of water as there is no need in flooding the smaller formations with excess water. It would hinder the potential of the well to produce oil and gas as water is far heavier than oil.

    Possibly only as much as 10% of the oilwells have a frac treatment of million plus gallons of water. And the treatments you describe are more to do with dehydration prior to refining. {Onsite cleanup is done with shovels and a dump truck.} Conventional treatment is simply boiling it off.

    However, I do see the potential as well.
    Nov 27 10:31 AM | 1 Like Like |Link to Comment
  • Will Oil Prices Resume Their Downward Trend? [View article]
    It is the Precise reason that they are speculating with it.
    Nov 27 09:58 AM | Likes Like |Link to Comment
  • Will Oil Prices Resume Their Downward Trend? [View article]
    "My guess is that the price of oil will trade down back to the low 80s in the weeks to follow."

    I agree. In fact, I've felt that way for a year now and wonder why it has even stayed near the $100 level for so long.

    Remember also that the Nat. Gas people are really pushing for conversion projects and new engines designed strictly for Natural Gas. If this effort produces even 1/10 reduction in overall use like Diesel did to the Gasoline Market - we will see rapid decline in Refining product utilization's as it carries forward in trend throughout the next year.

    Add also the hybrid and Electric car market. While not a big player right now, they are still producing thousands of these vehicles of all types and they will definitely take an edge off the demand of gasoline.

    Because after all, what the average consumers are after is lower gasoline prices. Possibly what would indicate lower Crude prices earlier is Gasoline production and onhand supplies. Both of which have risen in the {US at least} until as of last year - we are now {net} EXPORTERS of gasoline.
    Nov 26 10:35 AM | Likes Like |Link to Comment
  • Our Picks For China Exposure [View article]
    Given that the Chinese Government does not want to leave it's Aristocracy/Communist system unless millions of people die first, it will not likely be a reformed system anytime - ever. Extreme poverty lends itself into these Governments because the people largely do not know anyone that could fix the situation except a one person form of Aristocracy.

    Like most of Europe's similar forms of government that still have Royalty - it is the preferable manner to be above caring about the lowly commoners forever. And social reforms are much easier to implement {with little likelihood of success or large expense} with a family that has remained in power providing double talk for generations. Yet people still refrain from suggesting political reform as the job is one of secret agreements and powerful decisions that they feel most lack the substance to implement that aren't known Leaders.

    Thus the real reason they fear and hate American type of politics. They have absolutely no trust in any President as they will not be in power til the end of most of their lives as theirs' will.

    With that in mind, remember that if they want investment, why do they refrain from providing substantial income levels for workers that would allow for they themselves to buy an interest rather that strangers in a foreign land? There can be no better people to empower their business models than they themselves and the citizens that prosper - if it is truly the better manner of life and government.

    So regardless of successful deals or plans with American companies, I will not invest in China. That any of our politicians do is very descriptive of their ideal and agenda as well. Because the Chinese actually do make many of the worlds nicest innovative things today - but aren't rewarded for them strictly due to their demand for high salaries of their elite.
    Nov 25 11:37 AM | Likes Like |Link to Comment