Well, to be sure; the oil shale isn't in the pretty mountains that you see in Colorado postcards. It's in the barren wastes of the Western Slope.
Quote:
Originally Posted by ChristopherHall
We need to get away from oil as much as possible. It’s the old way of doing things. Of course there are powerful forces dedicated to maintaining their power and profits in our society. They will stand in the way.
I wonder, "What if we're supposed to return this carbon to the biosphere?"
Life on earth is one giant carbon trap. Living organisms have always robbed the atmosphere and oceans of carbon atoms, locked those atoms up in complex molecules and then dragged them into the depths of the earth. What if one of the reasons for all of our "brains" is so that we can free that carbon and return it to the living spaces on the suface in some usable form like CO2?
The land masses of this planet were once covered in rich vegetation and the seas teemed with plants and animals in a very rich biotic "soup." Maybe we're "supposed" to drive HumVees to bring Gaia back to her beauty?
AP
BP and Shell post big profits in era of record oil prices
Tuesday April 29, 12:36 pm ET
By Jane Wardell, AP Business Writer
BP and Shell post forecast-busting first quarter profits on back of record oil prices
LONDON (AP) -- BP PLC and Royal Dutch Shell PLC, Europe's two biggest oil producers, posted forecast-busting first-quarter earnings on Tuesday thanks to record crude oil prices that are expected to bolster profits across the industry.
The combined profits of $17 billion reignited calls for a windfall tax on oil profits as consumers struggle to pay for food and fuel.
British Prime Minister Gordon Brown suggested that some of those profits should be reinvested in costly exploration for new oil reserves in the North Sea.
BP posted a 63 percent surge in first-quarter net profit to $7.6 billion (4.9 billion euros), while Shell reported a 25 percent rise, to a record $9.08 billion (5.81 billion euros).
Revenue at BP jumped 44 percent to $89.2 billion (57.1 billion euros), while sales at Shell soared 55 percent to $114 billion (72.95 billion euros).
Last week ConocoPhillips reported a 16 percent rise in net income to $4.14 billion. Like BP and Shell, the third biggest U.S. producer far outpaced industry expectations. More big profits are expected from the biggest two U.S. companies, Exxon Mobil Corp. and Chevron Corp., when they report first-quarter earnings later this week.
Shell's Chief Financial Officer Peter Voser said oil companies are not to blame.
AP Business Writer Toby Sterling in Amsterdam contributed to this report.
AP
BP and Shell post big profits in era of record oil prices
Tuesday April 29, 12:36 pm ET
By Jane Wardell, AP Business Writer
BP and Shell post forecast-busting first quarter profits on back of record oil prices
LONDON (AP) -- BP PLC and Royal Dutch Shell PLC, Europe's two biggest oil producers, posted forecast-busting first-quarter earnings on Tuesday thanks to record crude oil prices that are expected to bolster profits across the industry.
The combined profits of $17 billion reignited calls for a windfall tax on oil profits as consumers struggle to pay for food and fuel.
British Prime Minister Gordon Brown suggested that some of those profits should be reinvested in costly exploration for new oil reserves in the North Sea.
BP posted a 63 percent surge in first-quarter net profit to $7.6 billion (4.9 billion euros), while Shell reported a 25 percent rise, to a record $9.08 billion (5.81 billion euros).
Revenue at BP jumped 44 percent to $89.2 billion (57.1 billion euros), while sales at Shell soared 55 percent to $114 billion (72.95 billion euros).
Last week ConocoPhillips reported a 16 percent rise in net income to $4.14 billion. Like BP and Shell, the third biggest U.S. producer far outpaced industry expectations. More big profits are expected from the biggest two U.S. companies, Exxon Mobil Corp. and Chevron Corp., when they report first-quarter earnings later this week.
Shell's Chief Financial Officer Peter Voser said oil companies are not to blame.
AP Business Writer Toby Sterling in Amsterdam contributed to this report.
Awwww...them poor companies can't afford to pay any taxes on that profit. My goodness...are we trying to destroy them just because they're rich and we aren't? Hey, after all if you tax them they'll just pass the cost down to us. And if you place an adjustable cap on prices to prevent this cost from hitting the consumer, you'd might be a commie.
__________________
"For I know the plans I have for you, declares the LORD, plans for wholeness and not for evil, to give you a future and a hope." Jeremiah 29:11 (English Standard Version)
AP
BP and Shell post big profits in era of record oil prices
Tuesday April 29, 12:36 pm ET
By Jane Wardell, AP Business Writer
BP and Shell post forecast-busting first quarter profits on back of record oil prices
LONDON (AP) -- BP PLC and Royal Dutch Shell PLC, Europe's two biggest oil producers, posted forecast-busting first-quarter earnings on Tuesday thanks to record crude oil prices that are expected to bolster profits across the industry.
The combined profits of $17 billion reignited calls for a windfall tax on oil profits as consumers struggle to pay for food and fuel.
British Prime Minister Gordon Brown suggested that some of those profits should be reinvested in costly exploration for new oil reserves in the North Sea.
BP posted a 63 percent surge in first-quarter net profit to $7.6 billion (4.9 billion euros), while Shell reported a 25 percent rise, to a record $9.08 billion (5.81 billion euros).
Revenue at BP jumped 44 percent to $89.2 billion (57.1 billion euros), while sales at Shell soared 55 percent to $114 billion (72.95 billion euros).
Last week ConocoPhillips reported a 16 percent rise in net income to $4.14 billion. Like BP and Shell, the third biggest U.S. producer far outpaced industry expectations. More big profits are expected from the biggest two U.S. companies, Exxon Mobil Corp. and Chevron Corp., when they report first-quarter earnings later this week.
Shell's Chief Financial Officer Peter Voser said oil companies are not to blame.
AP Business Writer Toby Sterling in Amsterdam contributed to this report.
Awwww...them poor companies can't afford to pay any taxes on that profit. My goodness...are we trying to destroy them just because they're rich and we aren't? Hey, after all if you tax them they'll just pass the cost down to us. And if you place an adjustable cap on prices to prevent this cost from hitting the consumer, you'd might be a commie.
Happy me! I have investments in those oil companies in my 401K!
I think that's a very good thing for you Ferd. But that doesn't mean these companies shouldn't be held to their civic duty.
Trust me...these cats aren't going anywhere and they aren't going to loose much at all.
__________________
"For I know the plans I have for you, declares the LORD, plans for wholeness and not for evil, to give you a future and a hope." Jeremiah 29:11 (English Standard Version)
I wonder, "What if we're supposed to return this carbon to the biosphere?"
Life on earth is one giant carbon trap. Living organisms have always robbed the atmosphere and oceans of carbon atoms, locked those atoms up in complex molecules and then dragged them into the depths of the earth. What if one of the reasons for all of our "brains" is so that we can free that carbon and return it to the living spaces on the suface in some usable form like CO2?
The land masses of this planet were once covered in rich vegetation and the seas teemed with plants and animals in a very rich biotic "soup." Maybe we're "supposed" to drive HumVees to bring Gaia back to her beauty?
If modern science's collective wisdom has determined that CO2 is a pollutant, the motive is ANTI-Green.
How would "carbon-freeing agents" like it if trees decided that there was too much oxygen in the air?
__________________
Wherefore, my beloved brethren, let every man be swift to hear, slow to speak, slow to wrath [James 1:19]
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