The everglades, a region of approximately 1,900 square kilometres of sawgrass prairie in the southern tip of Florida, is a World Heritage Site. Sawgrass is a type of wild sedge that grows naturally all over the world, particularly in tropical and temperate regions. World Heritage Sites are those places that the United Nations Educational, Scientific, and Cultural Organizaton deems to be of special cultural or physical significance. Despite the state not being the first place you think about in terms of oil exploration, companies are drilling in Florida. The scientific name for sawgrass is Cladium.
Exploring for fossil fuels in the Sunshine State has been going on for some time. In 1943, the Humble Oil Company drilled a couple of test wells in Southwest Florida. These were both less than 2,000 feet deep. Since neither of the holes was particularly exciting in terms of productivity, the project was abandoned and retains a mere footnote in history.
The appetite for exploring for oil in the Everglades is directly proportional to the price of oil. When the price is high, prospectors are willing to take bigger risks boring previously uneconomic reserves. When they are low, there is less interest.
Cheap oil is not necessarily a good thing. True, it relieves pressure to ravage environmentally sensitive areas like the Everglades. Human nature being what it is, the cheaper it is, the faster we will use it and, because its supply is not infinite, the sooner we will run out and have to learn to live like cave men all over again.
When the day inevitably comes that oil reserves dwindle and prices soar into the ozone layer, we are going to be in trouble. Stop making fun of the preppers and start making friends with them and reading their material.
Technological advances in hydraulic fracturing and horizontal drilling have opened up vast reserves of previously denied reserves of gas and oil that have been trapped in tightly-packed shale rock formations deep beneath the earth's surface. The biggest plays in fracking so far have been Texas, Pennsylvania, Oklahoma, and North Dakota. A few states, like the Sunshine State, have reserves that may or may not be economically viable to pursue. Oil companies have the Everglades in their sights.
In 2014, the Miami Herald reported that there were around half a dozen oil and gas E&P companies that spent millions on plans to explore Southwest Florida. At that time, oil prices were high. Two years later, the price of oil was low and the dollar was sagging in value compared to other currencies like British Sterling. This gave the industry some breathing space and allowed the environmentalists time to regroup.
Eventually, whether we like it or not and whether we are ready or not, the supply of easy oil is going to dry up and prices are going to skyrocket. There may come a time when we will have to decide whether we really need the power that much to start destroying areas of exquisite natural beauty for the sake of a few more years of desirable lifestyle.
Exploring for fossil fuels in the Sunshine State has been going on for some time. In 1943, the Humble Oil Company drilled a couple of test wells in Southwest Florida. These were both less than 2,000 feet deep. Since neither of the holes was particularly exciting in terms of productivity, the project was abandoned and retains a mere footnote in history.
The appetite for exploring for oil in the Everglades is directly proportional to the price of oil. When the price is high, prospectors are willing to take bigger risks boring previously uneconomic reserves. When they are low, there is less interest.
Cheap oil is not necessarily a good thing. True, it relieves pressure to ravage environmentally sensitive areas like the Everglades. Human nature being what it is, the cheaper it is, the faster we will use it and, because its supply is not infinite, the sooner we will run out and have to learn to live like cave men all over again.
When the day inevitably comes that oil reserves dwindle and prices soar into the ozone layer, we are going to be in trouble. Stop making fun of the preppers and start making friends with them and reading their material.
Technological advances in hydraulic fracturing and horizontal drilling have opened up vast reserves of previously denied reserves of gas and oil that have been trapped in tightly-packed shale rock formations deep beneath the earth's surface. The biggest plays in fracking so far have been Texas, Pennsylvania, Oklahoma, and North Dakota. A few states, like the Sunshine State, have reserves that may or may not be economically viable to pursue. Oil companies have the Everglades in their sights.
In 2014, the Miami Herald reported that there were around half a dozen oil and gas E&P companies that spent millions on plans to explore Southwest Florida. At that time, oil prices were high. Two years later, the price of oil was low and the dollar was sagging in value compared to other currencies like British Sterling. This gave the industry some breathing space and allowed the environmentalists time to regroup.
Eventually, whether we like it or not and whether we are ready or not, the supply of easy oil is going to dry up and prices are going to skyrocket. There may come a time when we will have to decide whether we really need the power that much to start destroying areas of exquisite natural beauty for the sake of a few more years of desirable lifestyle.
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