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Old 09-25-2014, 08:00 AM   #41
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Now how can you say that ?. ...I believe it is greed that controls was street
I'm assuming "Wall Street"?

I don't think "greed" is the proper or fair term. I am retired and living on a retirement plan and personal investments in companies and many of these are traded on Wall Street. Am I "greedy" if I expect my financial planners to make money for me on my investments? I don't think so.

The stock market is a major part of our capitalist economy. Investments by millions of people like me are how companies grow and profit. And in doing so, they provide employment for citizens as well as products and services world wide.

If Wall Street is "greedy", so is the farmenr who tries to sell corn for more than what it cost him to grow it.
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Old 09-25-2014, 08:04 AM   #42
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One example is shale oil, currently with chemicals about 35% of the oil is captured.
The advance is to use microwave heads , heats the gooey oil but not the rock (like in your microwave oven , the plate doesnt get warm) and the recovery rate goes up to 85%.

Not bad cheaper to make electric power than high pressure steam , and no chemicals left behind.

Output almost 300% higher , for less investment.
That would be great, but I wonder how close it is to being utilized, if ever?

And personally I experience the dishes heating up in the microwave,...if so, how about all that rock mass??
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Old 09-25-2014, 01:42 PM   #43
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I wonder how close it is to being utilized, if ever?

It is in testing right now , if it works as advertised , the difference between 35% and 85% recovery will mean RIGHT NOW use.
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Old 09-25-2014, 06:43 PM   #44
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I just heard on the six o'clock news that fuel prices in the USA are coming down and will soon be below $3.00 per gallon. They are already below that at a couple stations in my area.
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Old 09-25-2014, 11:31 PM   #45
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I wonder how close it is to being utilized, if ever?

It is in testing right now , if it works as advertised , the difference between 35% and 85% recovery will mean RIGHT NOW use.
I hope it comes to be, but this reference doesn't sound that encouraging. If I remember correctly there have been LOTS of experimentation with getting this shale oil out, but not to many have shown great promise.

Shale oil extraction - Wikipedia, the free encyclopedia
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Microwave heating technologies are based on the same principles as radio wave heating, although it is believed that radio wave heating is an improvement over microwave heating because its energy can penetrate farther into the oil shale formation. The microwave heating process was tested by Global Resource Corporation. Electro-Petroleum proposes electrically enhanced oil recovery by the passage of direct current between cathodes in producing wells and anodes located either at the surface or at depth in other wells. The passage of the current through the oil shale formation results in resistive Joule heating.
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Old 09-26-2014, 03:24 PM   #46
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I don't think you'll see microwave heating anytime soon, if ever. The business case just isn't there.

Note: I work at a SAGD facility.
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