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A consortium consisting of Royal Dutch/Shell, Total, Inpex, Exxon Mobil and ConocoPhillips, are to invest US $10 billion in the first stage of prospecting of the Kashagan oil field in Kazakhstan. The Kashagan field (discovered in 2000)is the largest oil deposit discovered over the past 40 years.
In its first stage its expected to yield 450,000 bbls per day at a cost of US$3 per barrel. Later it could provide up to 1.2MMbbls per day. This volume will make it the world's second largest oilfield after Ghaver in Saudi Arabia.
It will be coming on line later this year, 2005. Later than expected due to the field being under the north end of the Caspian Sea, which freezes over for 4-5 months in the year.

***It seems that it will come on line just in time to make up for our present oil difficulties. New friends and country alliances will be forged by the energy greedy west. Additional cracking facilities will be built, enabling everyone to settle down and breath a sigh of relief for the next 50 years, irrespective of sea rises, carbon dioxide, global warming and rape of our Earth.


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"You will never find a real Human being - Even in a mirror." ....Mike Kremer.


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Isn't it interesting how just when we're about to run out of oil, a new field always turns up? Talk about disaster management!

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What is the natural role of Oil on this planet?
Do we understand the beneath the earth dynamics of our ecosystem?
Just curious to know.

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energy greedy west

I take it you walk or ride a bike every where you go then?

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energy greedy west ??
Was it an answer or a question?

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".. June 2005 Import Highlights: Released on August 29, 2005
Monthly data on the origins of crude oil imports in June 2005 has been released and it shows that three countries have exported more than 1.5 million barrels per day or more to the United States. Including those three countries, a total of five countries exported over 1.0 million barrels per day of crude oil to the United States (see table below). The top sources of US crude oil imports for June were Canada (1.705 million barrels per day), Mexico (1.616 million barrels per day), Saudi Arabia (1.598 million barrels per day), Venezuela (1.292 million barrels per day), and Nigeria (1.012 million barrels per day). The rest of the top ten sources, in order, were Iraq (0.608 million barrels per day), Angola (0.397 million barrels per day), Algeria (0.292 million barrels per day), Ecuador (0.288 million barrels per day), and United Kingdom (0.269 million barrels per day). Total crude oil imports averaged 10.753 million barrels per day in June, which is an increase of 0.587 million barrels per day from May. The top five exporting countries accounted for 67 percent of United States crude oil imports in June and the top ten sources accounted for approximately 84 percent of all U.S. crude oil imports... " http://www.eia.doe.gov/pub/oil_gas/petro...ent/import.html

".. US OIL DEMAND, 2004: Over 20 million barrels per day... " http://www.gravmag.com/oil.html

The United States can't drill its way out of dependence on foreign oil -- we just don't have enough. The Arctic National Wildlife Refuge, for example, would likely yield less than a six months' supply

".. The Administration's costly and provocative efforts to secure access to foreign oil through military relationships stands in stark contrast to its insignificant efforts to reduce U.S. oil consumption. This misguided policy seems certain to lead to future oil wars. The U.S. needs a more sensible energy policy-a national mobilization to reduce U.S. oil dependence. Such a policy would strengthen the U.S. economy, make the U.S. more secure, and help prevent war.. "

While I believe that the Administration could and should be doing much more to ween us off of our addiction,,, I also realize that the control paradigm is not likely to loosen its hold on the 'sovereign' governments of the industrialized.. Still, we must find a median if we are to survive the path we're on~

Sorry, don't mean to rain on.. Just trying to keep it real, at least here ~regards

*edit ... the following is noted for its 'obvious' relevance~

".. Gull Island just proved what the oil companies have believed for some time. It authenticated the seismographic findings. Seismographic testing has indicated that there is as much crude oil on the North Slope of Alaska as in Saudi Arabia. Since the Gull Island find proved to be seismographically correct, then the other testings are correct also. There are many hundreds of square miles of oil under the North Slope of Alaska.. " http://www.reformation.org/energy-non-crisis-ch17.html

".. The United States has more oil reserves than Saudi Arabia but this happy though shocking information has been covered up for years.

The wells have been drilled, it's merely a matter of turning on the faucets to supply America's needs for 200 years.. " http://www.pushhamburger.com/hidden.htm

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The path from here to independence from oil for transportation may be enabled by an adjunct that delivers hydrogen to the combustible fuel of the internal combustion engine. This technology holds the promise of clean air as well as incresed miles per gallon~

Can this man save the world?
http://www.canada.com/montreal/montrealg...0e96&page=1

There are, now, a number of different technolgies that might enable or enhance this concept.

Hydrogen Production from Hydrolytic Oxidation of Organosilanes Using a Cationic Oxorhenium Catalyst
http://pubs.acs.org/cgi-bin/abstract.cgi/jacsat/2005/127/i34/abs/ja053860u.html

http://www.newswise.com/articles/view/514098/?sc=dwhp

I've included this one, though the jury is still (way) out,,, I would suggest that there may be more to mono-atomic hydrogen (brown's gas) then meets the eye.
http://www.zpenergy.com/modules.php?name=News&file=article&sid=1191

The ideal goes like this; the adjunct cleans up the air while increasing mileage, as we learn to produce H2 on demand (and save the oil for food production, et al). ~regards

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Nice and interesting finds 'esin'

With the hurricanes and tornadoes that the US is unfortunately currently experiencing, maybe the more practical and immediate solution to the energy problem is to build more Wind Generators.
I was surprised to find the '10 wind powerset pictures' (which you can enlarge) on the url below. http://www.flickr.com/photos/sprol/41076367/in/set-901484/
(Courtesy of SPROL.COM)
It seems, Less polution = Loss of countryside


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"You will never find a real Human being - Even in a mirror." ....Mike Kremer.


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Have you seen the numbers for a potential energy harvest from a couple of hundred square miles of (~35% efficient) Solar installation? (insolation less atmosphere easily supplies 1kW/m^2)

A significant percentage, if not all of our energy needs, could be met with farms dispersed over a large area in order to minimize 'localized' damage from storms (not to mention that electricity is twice as efficient as internal combustion, not withstanding the H2N technology...)

It does look as though there will be ample Wind and Sun for the foreseeable future.


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