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Economy
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Title: Shale will free US from oil imports, says ex-BP boss
Source: BBC
URL Source: http://www.bbc.co.uk/news/business-18828714
Published: Jul 14, 2012
Author: Will Smale
Post Date: 2012-07-14 08:34:47 by jwpegler
Keywords: None
Views: 1383
Comments: 3

The big growth in oil extracted from shale rock means the US will not need to import any crude within two decades, the former boss of BP has said.

Lord Browne told a conference in Oxford the US would be "completely independent of imported oil, probably by 2030".

He also said the amount of shale gas in the US was "effectively infinite".

Shale oil and gas is extracted using a method called fracking, but the process has been controversial because of the environmental risks associated with it.

Lord Browne is a director of fracking firm Cuadrilla.

He told the Resource 2012 forum on water, food and energy scarcity that the development of shale oil and gas was "quite extraordinary", and that the world was now entering the "latest age of primary energy".

Post Comment   Private Reply   Ignore Thread  


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#1. To: jwpegler (#0) (Edited)

First:

ANYONE claiming to be a LORD is AUTOmatically a QUE SE JODAN asshole....;}

Second:

BP, the killer they like to forgive

www.hazards.org/greenjobs...er-they-like-to-forgive...

Nov 22, 2009 – Lord Browne may be especially well qualified to assess ... The good fortune ran out when BP's Texas City refinery exploded in March 2005, ...

Third:

First Reported Jul 12 2012 - Updated Jul 13 2012 - 8 Documents BP to pay another $13mil to settle violation charges over Texas refinery British oil giant BP said Thursday it has agreed to pay another 13 million U.S. dollars to settle charges of its failing to fix safety violations at its Texas City oil refinery.London-based BP said in a news release that it has reached an agreement with ... [ Published Jul 13 2012 by VietNamNet Bridge ]

Fourth:

# Oct 26, 2005 – The Thunder Horse platform almost sank in July ... Despite the storms, Lord Browne was still able to announce a 16pc rise in replacement cost ... Metal failure in BP's Thunder Horse lifts pressure on Browne ...

www.telegraph.co.uk ›

Sep 19, 2006 – BP's semi-submersible Thunder Horse platform lists after being ... giant in America is adding to the pressure on Lord Browne, chief executive, ...

www.telegraph.co.uk

Sep 19, 2006 – After all this, not to mention the damaging public spat over Lord Browne's retirement date, more problems at Thunder Horse were the last thing ... # Run to Failure: BP and the Making of the Deepwater Horizon Disaster - Google Books http://

.google.com/books?isbn=0393081621...Abrahm Lustgarten - 2012 - Business & Economics - 384 pages

Thunder Horse was also designed to have a remote monitoring system that could ... been galling for Lord Browne ofMadingley to now admit that Thunder Horse, ...

And we're to trust this fucking brit why?....LMFAO

QUE SE JODAN!!!!

mcgowanjm  posted on  2012-07-14   9:19:32 ET  Reply   Trace   Private Reply  


#2. To: mcgowanjm (#1)

There goes your peak oil scam. You only parrot propaganda to raise oil prices.

Does your mom charge you rent for the basement?

A K A Stone  posted on  2012-07-14   9:25:41 ET  Reply   Trace   Private Reply  


#3. To: A K A Stone (#2) (Edited)

There goes your peak oil scam. You only parrot propaganda to raise oil prices.

And now you're getting nasty.

A couple more steps to the right, A K, and I'll be confusing you with MadDog....;}

You cannot put up an article about oil that makes sense.

You cannot understand that $3 plus gasoline is killing demand.

That there is a reason why BigOil is desperate to drill the Arctic, but can't because Oil priuces are too low.....;}

"Does your mom charge you rent for the basement?"

And THAT's a freebie.....your last.....;}

WWJD.....;}

mcgowanjm  posted on  2012-07-14   9:34:23 ET  Reply   Trace   Private Reply  


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