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Politics : Peak Oil reality or Myth, of an out of Control System -- Ignore unavailable to you. Want to Upgrade?

To: dvdw© who wrote (557)	9/14/2011 9:01:46 AM
From: dvdw©	Respond to of 1580

This outtake we are replying too provides us with the opportunity to insert this reminder from the thread header. Often new readers need to catch up, and certain data points about categories, useful to developing holistic pictures just need small foundations. Its 2 pages, the link comes up as the 2nd page, hit the page link to see the 1st page. Peter Blinn provides this background data on our subject of interest. curiousnotions.com

To: dvdw© who wrote (557)	10/16/2011 9:22:43 AM
From: dvdw©	Read Replies (2) \| Respond to of 1580

Building on a foundation; Oil was first discovered in N Dakota in 1951 (probably earlier), Oil has been produced from 36 different formations within the Williston basin..... facts about that oil not understood before 2006; The kind of shale formations that are economically viable for oil production, using horizontal drilling and hydraulic fracturing, are thermally mature and located deep underground. In these deep shales, much of the kerogen has been converted to oil and is present in the rock matrix in liquid form. A second thing that has held back exploration for oil in shale is that many believed that the oil molecule, at 0.5+ nanometers, was too large to flow through small matrix “pore throat” or spaces between the rock particles typical in many shale formations (surmise provided as part of reply linked above to an EOG data points about particulate oil including pore size of methane and oil molecules) Currently, utilization rates of rigs capable of drilling down 20,000 feet or more, is above 95%. Up through 2008 official estimates of oil in ND by a range of agencies placed the potential volume at or around 300 million barrels. Bruce's Million Dollar Way Blog contributed facts to this post including the data about cumulative oil produced by formation.....contained here in; milliondollarway.blogspot.com