Posted by docmirror on November 23, 2021 at 13:30:45 from (75.3.255.251):
In Reply to: Fuel for your tractor posted by Texasmark on November 23, 2021 at 05:23:36:
I read about 4 paras of that opinion piece and realized the author doesn't know squadoodle about the oil field upstream and mid-stream market.
I don't know who he is, or what job he has, but his scenario is wildly improbable. We have known reserves of 200MBBLs in west TX and east NM. There are literally 10,000 pump rigs sitting idle in the west TX/NM oil field right now. If we go up to Williston, the Bakken field is est at over 7 BILLION barrels of oil, not counting nat gas and other light aeromatics.
Now, lets talk coal. The US has the largest discovered coal reserves on the planet. Of course, there could be other massive coal fields that are not yet discovered, but right now - we are awash in coal. We send over 300 metric tons of coal to China every month, and that is growing all the time.
Energy is an intl commodity. When the price rises enough, there is plenty of oil, gas, and coal to go around. Any talk of an economic crash is just a bunch of eyewash, or clueless speculation. Remember gas lines in the 70s? I do. Turns out, there was plenty of gas/oil. All we had to do was pay for it. My plan is to run the ME dry first. We want to drain them of all the oil they will pump, and turn it into a oil-less, waterless void. Once that's done, the world will look to Canada, US, Russia, and S Africa for carbo-hydrate based energy.
Solar, wind, hydroelectric is a short player. It will NEVER take up more than a casual percent of the US or global market. ALL of the solar, wind, and hydro plants and sources are heavily govt subsidized. If we want a socialized energy market, be careful what you wish for. The govt hand on the power switch may not be as benevolent as the hand of profit on the gas pump.
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Today's Featured Article - Hydraulics - Cylinder Anatomy - by Curtis von Fange. Let’s make one more addition to our series on hydraulics. I’ve noticed a few questions in the comment section that could pertain to hydraulic cylinders so I thought we could take a short look at this real workhorse of the circuit. Cylinders are the reason for the hydraulic circuit. They take the fluid power delivered from the pump and magically change it into mechanical power. There are many types of cylinders that one might run across on a farm scenario. Each one could take a chapter in
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