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re: WSJ: Small Oil Producer Stands to Win Big From Climate BillPosted by GumboPot 
on 1/30/23 at 2:05 pm to ragincajun03
on 1/30/23 at 2:05 pm to ragincajun03quote:
However, it's the direct air capture stuff that has me puzzled and wondering if we aren't trading one perceived problem for another. Those dac facilities take a shit-ton of electricity and water to run, from what I understand.
You are correct. The electricity has to be almost free to make DAC work.
CO2 sequestration works from the exhaust of emitters because the concentration for CO2 is 58% to start with. DAC starts with 0.04% CO2 concentration.
re: WSJ: Small Oil Producer Stands to Win Big From Climate BillPosted by TheFlyingTiger 
on 1/30/23 at 3:53 pm to dakarx
on 1/30/23 at 3:53 pm to dakarxquote:
Just show us a list of the top 20 stock holders, that will reveal the real motivation.
Show me how many black rock, state street, vanguard people they have on the boards of the oil giants as well.
re: WSJ: Small Oil Producer Stands to Win Big From Climate BillPosted by kywildcatfanone 
on 1/31/23 at 5:26 am to ragincajun03
on 1/31/23 at 5:26 am to ragincajun03O&G Baws rejoice.
Even little brothers can order F350's now.
Even little brothers can order F350's now.
re: WSJ: Small Oil Producer Stands to Win Big From Climate BillPosted by Upperdecker 
on 1/31/23 at 5:55 am to el Gaucho
on 1/31/23 at 5:55 am to el Gauchoquote:
There were tons of them but they didn’t fit on the ark. Read a history book baw
Nah fossils were out there by God to test our faith. Dinosaurs never existed. Not today, Satan
re: WSJ: Small Oil Producer Stands to Win Big From Climate BillPosted by SquatchDawg 
on 1/31/23 at 7:07 am to ragincajun03
on 1/31/23 at 7:07 am to ragincajun03quote:
with plans to carry emitters’ CO2 through hundreds of miles of pipelines and bury it in rocky reservoirs
Yes…let’s take massive amounts of CO2, concentrate it and store it underground under pressure. What could possibly go wrong?
If I’m not mistaken, CO2 is heavier than air right? What happens if there’s a rupture/leak and a huge quantity is released in a confined area?
This post was edited on 1/31 at 7:11 am
re: WSJ: Small Oil Producer Stands to Win Big From Climate BillPosted by KillTheGophers on 1/31/23 at 7:46 am to ragincajun03
Think of all the poor shareholders that held this dog of a stock prior to bankruptcy.
There are many families in MS and LA that invested in the company only to have that investment wiped out true to bankruptcy.
There are many families in MS and LA that invested in the company only to have that investment wiped out true to bankruptcy.
re: WSJ: Small Oil Producer Stands to Win Big From Climate BillPosted by loogaroo on 1/31/23 at 7:51 am to EZE Tiger Fan
on 1/31/23 at 7:51 am to EZE Tiger Fanquote:
So what member of that company has a relation with one of the top Dems in DC?
I bet they donated to a bunch of RINOs. The GOPe is just as bad if not worse. They just hide who they really are.
re: WSJ: Small Oil Producer Stands to Win Big From Climate BillPosted by I20goon on 1/31/23 at 8:00 am to EZE Tiger Fan
on 1/31/23 at 8:00 am to EZE Tiger Fanquote:Jim Matthews, Exec. VP, formerly of Vinson and Elkins law firm. Worked with Bloomberg on DEI stuff.
So what member of that company has a relation with one of the top Dems in DC? I don't feel like reading all that to find out who the laundered money will go to.
quote:billons were spent on satellite detection to find methane leaking from wellheads only to discover the majority (by volume) was natural seeps and releases; now they plan pumping it back in using taxpayer subsidized companies.
Yes…let’s take massive amounts of CO2, concentrate it and store it underground under pressure. What could possibly go wrong?
If I’m not mistaken, CO2 is heavier than air right? What happens if there’s a rupture/leak and a huge quantity is released in a confined area?
This post was edited on 1/31 at 8:18 am
re: WSJ: Small Oil Producer Stands to Win Big From Climate BillPosted by UpToPar 
on 1/31/23 at 8:34 am to ragincajun03
on 1/31/23 at 8:34 am to ragincajun03quote:
Those dac facilities take a shit-ton of electricity and water to run, from what I understand. And what appears to be a bigger immediate issue now than increased CO2? Availability of energy (electricity) and availability of water.
The Climeworks DAC facility in Iceland (which I believe is still the largest DAC facility in operation) is run entirely on geothermal energy. Pretty cool.
LINK
re: WSJ: Small Oil Producer Stands to Win Big From Climate BillPosted by RadThibodeaux on 2/1/23 at 1:11 pm to UpToPar
on 2/1/23 at 1:11 pm to UpToParHaving worked on their old junk in hiedelberg I always wondered how these guys stayed alive.
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re: WSJ: Small Oil Producer Stands to Win Big From Climate BillPosted by saint tiger225 on 2/1/23 at 1:46 pm to el Gaucho
on 2/1/23 at 1:46 pm to el Gauchoquote:
just goes to show you that God always has a plan for us. First he gave us dinosaurs to ride on and then he turned them into oil to power our f250s
Well done, sir.
re: WSJ: Small Oil Producer Stands to Win Big From Climate BillPosted by Ace Midnight on 2/1/23 at 1:47 pm to ragincajun03
The check cleared.
10% for The Big Guy (tm).
10% for The Big Guy (tm).
re: WSJ: Small Oil Producer Stands to Win Big From Climate BillPosted by saint tiger225 on 2/1/23 at 1:48 pm to dakarx
on 2/1/23 at 1:48 pm to dakarxquote::PelosiHasLeftTheChat:
Just show us a list of the top 20 stock holders,
re: WSJ: Small Oil Producer Stands to Win Big From Climate BillPosted by Penrod on 2/1/23 at 1:51 pm to ragincajun03
on 2/1/23 at 1:51 pm to ragincajun03Denbury CEO, Chris Kendall, is an old friend of mine. I worked as a consultant for him when he was at Samedan as a Facility Engineer. I even tried to hire him once, but just the month before he got the position of CEO Noble Energy Ecuador. He is a good guy.
quote:
The risks is a new administration or congress. The tax credits can be taken away (and kill these projects) just as fast as they were initially passed.
I don't think that's true. For new projects, sure, but not for the ones already approved.
re: WSJ: Small Oil Producer Stands to Win Big From Climate BillPosted by RadThibodeaux on 2/1/23 at 2:10 pm to Penrod
on 2/1/23 at 2:10 pm to Penrodquote:
Denbury CEO, Chris Kendall, is an old friend of mine. I worked as a consultant for him when he was at Samedan as a Facility Engineer. I even tried to hire him once, but just the month before he got the position of CEO Noble Energy Ecuador. He is a good guy.
Got a buddy that plays tennis with him. Says the same thing. Good dude.
re: WSJ: Small Oil Producer Stands to Win Big From Climate BillPosted by ImaObserver on 2/1/23 at 2:10 pm to SquatchDawg
on 2/1/23 at 2:10 pm to SquatchDawgquote:
Yes…let’s take massive amounts of CO2, concentrate it and store it underground under pressure. What could possibly go wrong?
If I’m not mistaken, CO2 is heavier than air right? What happens if there’s a rupture/leak and a huge quantity is released in a confined area?
Here is your answer.
Gas cloud kills Cameroon villagers
re: WSJ: Small Oil Producer Stands to Win Big From Climate BillPosted by Penrod on 2/1/23 at 2:15 pm to SquatchDawg
on 2/1/23 at 2:15 pm to SquatchDawgquote:
Yes…let’s take massive amounts of CO2, concentrate it and store it underground under pressure. What could possibly go wrong?
If I’m not mistaken, CO2 is heavier than air right? What happens if there’s a rupture/leak and a huge quantity is released in a confined area?
Not much could go wrong. CO2 is injected at high enough pressure to get into the reservoir. It then starts to disperse. Monitoring wells will detect if the CO2 is getting near an area from which it can spill out of the reservoir. Eventually the CO2 goes into solution with the saline, in a fashion similar to a cola going flat.
We have been moving CO2 in pipelines and injecting it into reservoirs for a very long time and with a very good safety record.
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