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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: ayn rand who wrote (90351)	9/14/2009 2:04:52 PM
From: robert b furman	Read Replies (1) \| Respond to of 94695

Hi N40, My guess is you are seeing frag units. I drive to Shreveport every week and that takes me over the Bartlett Shale deposit. Shale much like sandstone but harder gets directional drilling rigs going out from a center at different depths.View it as an underground christmas tree. After drilling they lower explosive charges that shoot out of the pipes and make small tunnels. Then the trucks you see inject huge high pressures of heavy muds salts and crack the small tunnels. This creates small routes for the natural gass to escape. The gas has pressure on it and has been trapped under rock formations above it and it escapes through the pipes. There are monstrous shale deposits in Wyoming,Colorado,Texas,Pennsylvania. We have gone from a shortage during Rita to a 100 year supply in 3 years. The technology is enabling and bringing a large development investment. When done there will be pipelines that extend from the gulf to the midwest and the east. Alaska has approved a pipeline to come south accross Canada. Colorade will go both east and west. I believe Wyoming is going east. It will create an infrastructure for Nat gas and big rig fleets. This will tremendously reduce oil imports as electric vehicles pull off the grid. Many coal fired electrical generation plants can switch between coal and Nat gas. I believe the long term view is very positive. That's why we should also drill for oil and export it. Huge wealth creation and jobs. The entire world would have less expensive developement and global growth would catch a new gear. ITS ALL GOOD. IMO Bob