Economy 52,845 Posted April 23, 2017 Share Posted April 23, 2017 http://oilprice.com/Energy/Natural-Gas/Massive-Natural-Gas-Deposit-Discovered-In-The-Gulf-Coast-Basin.html The US just discovered 334 Trillion Cubic Feet of Natural Gas on the Gulf Coast That would be the largest discovery in the world in some time and enough for several years of current US production from this field alone! Link to post Share on other sites More sharing options...
Moebius 8,965 Posted April 23, 2017 Share Posted April 23, 2017 The Most Popular Girls in School megarate is cancelled! Link to post Share on other sites More sharing options...
juicyjuicy 2,005 Posted April 23, 2017 Share Posted April 23, 2017 What could this mean for the US economy? Link to post Share on other sites More sharing options...
WildAmerican 13,672 Posted April 23, 2017 Share Posted April 23, 2017 That's awesome! Hopefully trump doesn't **** it up! Link to post Share on other sites More sharing options...
Chromatislaps 34,854 Posted April 23, 2017 Share Posted April 23, 2017 they must have found Trump's bowls Link to post Share on other sites More sharing options...
Economy 52,845 Posted April 23, 2017 Author Share Posted April 23, 2017 3 minutes ago, juicyjuicy said: What could this mean for the US economy? Well, this alone wont be a huge mover for an economy that size Natural gas is not very dense so you use up a lot of cubic feet even for a little usage 334 trillion cubic feet is a lot for a single find in a single place but it is nothing super out if the ordinary on the grad scheme of things Some Countries have quadrillions of cubic feet in natural gas reserves and produce several Billion Cubic feet a day! Link to post Share on other sites More sharing options...
Nemo 4,410 Posted April 23, 2017 Share Posted April 23, 2017 Leave it in the ground. Link to post Share on other sites More sharing options...
Economy 52,845 Posted April 23, 2017 Author Share Posted April 23, 2017 2 minutes ago, Nemo said: Leave it in the ground. Natural Gas is the least toxic of the fossil fuels and its helping displace a lot of Coal which produces almost doubt the CO2 per KW Link to post Share on other sites More sharing options...
JustinTrudeau 2,419 Posted April 23, 2017 Share Posted April 23, 2017 Wait. Would that mean that the U.S. will have little use of fighting in the Middle East because of oil? I may be wrong I fell down the stairs once as an actor. Link to post Share on other sites More sharing options...
Luc 4,776 Posted April 23, 2017 Share Posted April 23, 2017 36 minutes ago, ZarinStar said: Wait. Would that mean that the U.S. will have little use of fighting in the Middle East because of oil? I may be wrong That's been the case for a few years now the US is pretty much energy independent. The real problem is the EU, which depends on Russia (via Ukraine), Libya and the Midde East. I think the EU should start using more renewables and more US gas. Link to post Share on other sites More sharing options...
Katharine Hepburn 4,607 Posted April 23, 2017 Share Posted April 23, 2017 Too bad trump is investing in oil xoxo Joanne Link to post Share on other sites More sharing options...
Economy 52,845 Posted April 23, 2017 Author Share Posted April 23, 2017 40 minutes ago, ZarinStar said: Wait. Would that mean that the U.S. will have little use of fighting in the Middle East because of oil? I may be wrong America has no need to fight in middle east for oil Over 50% of oil is self produced... another 25% comes from Canada. The remaining 25% comes from Mexico, Venezuela and Saudi Arabia which sells it peacefully without disruptions A very small portion of US crude imports come from unstable Countries in Middle East This myth still exists from conspiracists that as usual dont know what they are talking about 😒 Link to post Share on other sites More sharing options...
JustinTrudeau 2,419 Posted April 23, 2017 Share Posted April 23, 2017 3 hours ago, Economy said: America has no need to fight in middle east for oil Over 50% of oil is self produced... another 25% comes from Canada. The remaining 25% comes from Mexico, Venezuela and Saudi Arabia which sells it peacefully without disruptions A very small portion of US crude imports come from unstable Countries in Middle East This myth still exists from conspiracists that as usual dont know what they are talking about 😒 My apologizes, I'm not so knowledgable about the oil business and whether the Middle East is a factor or not. Thanks for clearing it up I fell down the stairs once as an actor. Link to post Share on other sites More sharing options...
Economy 52,845 Posted April 23, 2017 Author Share Posted April 23, 2017 1 hour ago, ZarinStar said: My apologizes, I'm not so knowledgable about the oil business and whether the Middle East is a factor or not. Thanks for clearing it up Np! Just clearing it up cuz a lot of ppl say that but it really makes no sense lol Link to post Share on other sites More sharing options...
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