I am a long-time Microsoft Money user. The software is great and I use it every day. Are you saying that, if I migrate to Quicken when Microsoft stops supporting Money, that Quicken will likely go away as well? Why can't Microsoft allow Money's online links to keep working, even if they no longer upgrade the product. That way, people who like Money could still keep using it in the current form? The current plan is thougthtless. In reply to: "Is Quicken at the end of the road?"
October 17, 2009
0 replies
Oil Independence
While alternative, clean fuel source development is crucial, independence from foreign oil is equally as important. I don't understand why there is not more emphasis on extracting oil from oil shale. Colorado,Utah and Wyoming have oil shale reserves that exceed the oil reserves in Saudi Arabia. And, with current technology, if the price of oil is $30/barrel or more (it is currently approaching $70/barrel), oil from oil shale is cheaper.
Check out the following from Wikipedia:
At 3.3 trillion tonnes, the oil shale deposits in the United States are easily the largest in the world. There are two major deposits: the Eastern US deposits, located in Devonian-Mississippian shales, cover 250,000 square miles (650,000 square kilometers). The Western US deposits, the Green River formation in Colorado, Wyoming and Utah, are among the richest oil shale deposits in the world.
In Canada 19 deposits have been identified. The most explored deposits are in Nova Scotia and New Brunswick.
In 2005, Royal Dutch Shell announced that its insitu extraction technology deployed in Colorado could be competitive at prices over 30 USD/barrel. The Israel's AFSK Hom Tov process, which produces oil from a mixture of oil refinery residue, in the form of bitumen, and oil shale, claims profitable at the price of $16-$17 USD/barrel, however this technology still at the test phase.
Using oil shale, we could be independent of foreign oil in short order. What is holding this up? Let's tell the politicians that foreign oil is unacceptable. And, let's do it now.
March 31, 2007
0 replies