tag:blogger.com,1999:blog-24847368.post1567630795597484592..comments2024-01-29T10:04:23.986-08:00Comments on Al Fin Energy: Peak Oil: Meet the Raytheon Oil Shale Microwaveal finhttp://www.blogger.com/profile/13739269791915017382noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-24847368.post-44948298594407369042008-08-01T10:23:00.000-07:002008-08-01T10:23:00.000-07:00Anyone have a name/contact at Raytheon to talk to ...Anyone have a name/contact at Raytheon to talk to about this? A Phoenix company called Spheric Technologies (www.speherictech.com) is importing custom-made hi-tem industrial microwave furnace from China, and has exclusive Western Hemishpere rights to a host of Penn State Microwave Center patents (Spheric sells the furnaces with sub-license rights). They should be talking to Raytheon.Bill Edwardshttps://www.blogger.com/profile/00392648129046647180noreply@blogger.comtag:blogger.com,1999:blog-24847368.post-60843323674108521952008-05-24T07:11:00.000-07:002008-05-24T07:11:00.000-07:00Actually, pre-adolescent fantasy may be more accur...Actually, pre-adolescent fantasy may be more accurate. ;-)<BR/><BR/>In the echo chambers of peak oil, childish doom-seeking is the norm.<BR/><BR/>Zachary, Raytheon has not developed the technology far enough to tell. That is up to Schlumberger and its contractors.<BR/><BR/>Since 2/3s of oil remains in the ground, even in the big conventional wells of the middle east, it will be interesting to see where new oil recovery technology goes--especially with oil in the $120 to $130 plus range.al finhttps://www.blogger.com/profile/13739269791915017382noreply@blogger.comtag:blogger.com,1999:blog-24847368.post-53451733632517366582008-05-15T21:22:00.000-07:002008-05-15T21:22:00.000-07:00The technology looks promising, what kind of suppl...The technology looks promising, what kind of supply rates are possible? If its 2 mbpd then touche iconoclast!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-24847368.post-56106137736841156042008-05-15T12:17:00.000-07:002008-05-15T12:17:00.000-07:00adolescent fantasy eh?Let me describe for you a fa...adolescent fantasy eh?<BR/><BR/>Let me describe for you a fantasy.<BR/><BR/>Imagine a world where we've installed hundreds of microwave emitters over shale rock formations. At a cost of many hundreds of billions of dollars over many years, we are now producing 2 million barrels a day from shale rock. Meanwhile, given a depletion rate of 2%, global crude oil production has dropped to 60 mbpd by 2020, and more importantly, exports have dropped by 50%. Under these conditions the US would be in the throes of a deep depression. Oil imports would cost many hundreds of dollars per barrel. Perhaps thousands. But that's ok, because we have our 2 million barrels from shale. So total US production would be about 6 mbpd. Tell me something, genius, where is the other 16-22 million barrels a day going to come from?Iconoclast421https://www.blogger.com/profile/01448094227173926913noreply@blogger.com