Re: Shell's Ingenious Approach To Oil Shale Is Pretty Slick

From: Don Winterstein <dfwinterstein@msn.com>
Date: Wed Sep 07 2005 - 04:13:50 EDT

No offense intended. "Hype" to me doesn't necessarily imply misrepresentation of data--although that obviously was going on in the Shell article; but you're right that "hype" is too strong a characterization of most prospect promotions in the industry.

Don

  ----- Original Message -----
  From: Glenn Morton<mailto:glennmorton@entouch.net>
  To: 'Don Winterstein'<mailto:dfwinterstein@msn.com> ; janmatch@earthlink.net<mailto:janmatch@earthlink.net> ; 'Al Koop'<mailto:koopa@gvsu.edu>
  Cc: 'asa'<mailto:asa@calvin.edu>
  Sent: Tuesday, September 06, 2005 6:04 AM
  Subject: RE: Shell's Ingenious Approach To Oil Shale Is Pretty Slick

  -----Original Message-----
  From: asa-owner@lists.calvin.edu<mailto:asa-owner@lists.calvin.edu> [mailto:asa-owner@lists.calvin.edu] On
  Behalf Of Don Winterstein
  Sent: Tuesday, September 06, 2005 7:30 PM

>The industry requires hype to function, or no wells would ever be drilled;
  but it's best to catch it when it hatches rather than
>after it multiplies.

  Ya, hurt me here. But you are correct. If one isn't a bit optimistic that
  oil will be found, one can't get $20-$100 million dollars to drill a well.
  But, I wouldn't call it hype. One does have to sell a prospect but that
  doesn't imply that one is being untruthful about the potential.

  I have not commented on the stupidities of the Shell report becaue I didn't
  have the time. I would say I agree with your assessment that freezing a
  boundary around the heated shale would be quite expensive. I would also say,
  that if you heated the interior of this region, eventually the heat would
  melt the ice allowing contaminating fluids to escape. The entire idea as
  outlined in that newspaper article is ludicrous and shows why one should
  never believe what one reads in the newspapers (and maybe not what one reads
  on the internet).

  This, of course, will not stop Janice from believing what she wants so
  desparately to believe. But her believing it won't make it true.
Received on Wed Sep 7 04:15:17 2005

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