So, within the
100-day presidential probationary hornymoon, Donald Tyrump will sign and seal a
deal to finally open up the Arctic
National Wildlife Refuge for oil development. And since November 8th, after
Putin and millions of Russian Federation "illegals" cast the winning
vote for the Tower Maggot, Alaska's senator MoanaLisa MurCowpiefly has been seen
having uncontrollable orgasms - like many republicans her age and sporting yellow
skin color. History: ANWR was placed
off limits by Jimmy Carter, when oil development in Alaska started to show
signs of environmental corruption. That was how many years ago? But the
restrictions on that pristine wilderness lasted through the Reagan years, the
Bush and Bush again years, the Clinton years and kept off limits by Obama.
Because these Oval Office statesmen realized the prize of this virgin wilderness
left alone, so oil development potential on Alaska's North Slope meant "Go West" my friends instead. Yes,
for some 50-years by now that area has remained off-limits. So what if on
January 20th at 1300-hours Donald lifts the restrictions? Alaska is a rough
place for oil development, it takes years to build the infrastructure not already
in place, due seasonal difficulties and transportation nightmares. See, the
North Slope "Hall Road" was safe until Ice Road Truckers invaded. See,
the North Slope "Oil Field" was safe until the
"Independents" invaded. So even if Tyrump gave the green light for
ANWR...hold that thought. See, ANWR - or the coastal plain known as Area 1002
wherein oil had already been detected back in the 60s - it is some 60-miles
away from the Trans-Alaska-Pipeline, the only existing way to get oil to a
market. That fact alone adds considerably to costs associated with any interest,
especially today with depressed oil prices. But wait, as EXXON has already
developed a facility, just 10-miles from the 1002! In fact, Sarah can see 1002
from...See, back in the early days of oil prospecting, EXXON probed the ground
around Pt. Thompson and found something. This prospect is just on the other
side of the Canning River, that which establishes the western border of ANWR. No,
it wasn't crude oil but an underground strata that contained "natural
gasoline", or as seasoned oil men define it, retro-grade condensate. Very
valuable as a commodity! Now for years, EXXON refused to develop that field,
and when an oil company working Alaska's resources is permitted to explore and
finds something, it is supposed to be developed within 2-years, or at least
have a plan of attack before the state revenue guys for review. If not, the
state can confiscate and sell that lease along with the once "secret tight
hole" exploration data to the lowest bidder. EXXON did not want to develop
this field but surely wasn't about to let it slide by the way-side, the value
of this stuff was 4x that of the going rate of a regular barrel of crude oil -
and a few years ago upwards $400 bucks equivalent. So EXXON sat on the lease,
using its mighty legal advisors to stall and at the same time keep the rights
of ownership. But when the Alaska oil boom's hey-day had passed - when retrieving
over 2-million barrels each day was a thing of the past - the TAPS Strategic
Reconfiguration became a reality, when many of the pump stations along the
800-mile pipeline were permanently mothballed - that scared the revenue guys. The
good old days were now a thing of the past and every drop counted. So the state
wanted EXXON to fulfill the obligation and develop this prospect to get more
oil in the oil declining pipeline. Alaska relies on that pipeline and with
reduced capacity it was frightening as Alaska was running out of money. So for
some 25-years, it was back and forth to the court room, with the state
threatening to take the rights away from EXXON. Why? Because by now Alaska had
been invaded by the "Independents", that didn't give a rat's ass
about the environment and were allowed very lucrative incentives from the state
- something started by Sarah Palin. Yes, when at the same time no such freeloading
was allowed by "Big Oil", like the EXXONs. So the state wanted to rip
those leases away from EXXON and give the rights away to "podunks" from
Texas that had a hard time keeping track of everything. Like losing 45000
gallons of highly contaminated glycol out at Oooguruk Island - it went
overboard into Harrison's Bay of the Beaufort Sea. A few month's later seals
with lesions were washing up on surrounding shores! See, EXXON may not believe
in "Global Warming", but when seals are dying, it will seek and destroy
what may be causing it. Wherein an "Independent" will find the
problem then get a waiver, because it doesn't have the cash to do things right.
I am serious, been an Alaskan oil man for many years. I worked for "Big
Oil" and the "Independents". Never went fired for speaking up at
"Big Oil", went on unemployment when I made waves about that
overboard glycol! Why do you think "fracing" gets such a bad rap?
It's the Independents, they are more in tune to doing shabby work for more
profits! But EXXON held its ground at Pt. Thompson, even though some tough
sanctions were advised, as that stuff still in the ground was very valuable.
See, an oil company's worth is based on "proven reserves". A little
Podunk from Texas could become an overnight success story by grabbing onto this
field - just from the reserves aspect as it inflates the stock price. In the
end, EXXON was allowed to keep the Point Thompson lease but would have to begin
development - which began in earnest back in 2009 and came on-line during the
2016 presidential debates and the same time that the Russian Federation hack
attacks were taking place. Now halfway between the "point" and the
main Prudhoe Bay pipeline, a prospect called Badami had fizzled out, and BP had
packed up and heeded the warning to "Go West". So EXXON built a
pipeline from the "point" - only 10-miles away from Area 1002 - and
tied it into the Badami pipeline, which is hooked into the big pipeline so oil
from EXXON can get to Valdez, where the EXXON Valdez is waiting to take on a
load of oil and then set its bearing south - please avoid Bligh Reef. Really,
that tanker is scrap. But today, EXXON struggles to get production up to
reasonable rates, as the Pt. Thompson field is not your normal everyday oil out
of the ground formation. So, how convenient that in a few months EXXON may - it
already owns leases in 1002! Time to party...as in a few months time, 70000
barrels will be coming out of ANWR, courtesy of Donald Tyrump and a ways and
means to get it to market, courtesy EXXON because the State of Alaska demanded
it. Will it affect this wilderness refuge? Is Donald Tyrump a liar? But here is
what I am getting at. EXXON is a rich company, it may not do things that meets
the standards of many environmentalist, but in comparison to how the Podunks
perform, EXXON is the angel - the "Independent" the devil. Many will
defy and deny that comparison, as many have no idea what an
"Independent" is all about - a little hint is profit only mandate! And
I am sure that when Rachel Madcow gets hold of the news that EXXON is already
camped out on the ANWR doorsteps, well we never get the true story anymore. Not
trying to exonerate EXXON, but instead of just a snippet the story, we need
more advanced notice before proceeding! Case
in point: I was assigned to a project headed up by EXXON in Valdez back in
the early 80s, to see how the Trans-Alaska-Pipeline's vapor recovery system was
working to curtail "air pollution" that which causes "Global
Warming". The end-of-the-pipeline had tank capacity to hold over 9-million
barrels of oil, tanks that must "breath" in and out! That was the
time many followers of environmental concern swallowed up the "GAIA
Hypothesis" akin to a follower of Timothy Leary, those sucking up LSD -
and "GAIA" in concert with Dr. James Lovelock's "Daisyland"
theory, that the earth was self-healing, it found widespread acceptance. Everybody
was a "GAIA" fan. I still believe in the Gaia and when I look around
me from sea to shining sea, Miss Daisy seems to be finding her way around and
things are working out. While mankind debates, nature repairs. Now when
2-million barrels a day was headed to Valdez, there's a whole lot of vapor that
can escape into the atmosphere - it amounted to 10-million barrels equivalent
entering the breathing air each year - wasted away. So EXXON's research proved
that the existing science and its calculations were way off base, as the
original criteria did not include "North Slope" oil in the model. So
when this highly volatile stuff was added, the vapor loss calculations were "way"
above that which was supposed to be reported. See, we can measure some things,
but there comes times when empirical reasoning takes precedent, which finds
room for abuse. Now when EXXON found through its own testing that what was
reported was in error, even the local environmental officer that worked for the
state lost focus, and did not want to accept the results. Why? Because it
violated the EPA requirements for "Best Available Technology and Best
Available Methods" in effect at that time - something the state bureaubrats
did not want to deal with as the state is responsible and could have faced stiff
fines itself. That guy that refused to accept the testing's results, he was a
good friend of Charles Hamel, the guy that vehemently attacked EXXON for
20-years in Alaska - another "untold" story truth missing in action. In
the end, EXXON won the debate and modifications were implemented to curtail
vapor loses. The "Tiger" didn't have to behave this way, but once the
cat is out of the bag, why hide it. EXXON could have just sat back and waited
until the EPA found the problem, which due the bureaucracy it can delay
rational oversight for years as destruction rules. OK, EXXON realized that the
vapors could be harvested to generate electricity which could then be used to
power the terminal. Nothing is free, not even the obligation to do things
right, it all comes at a cost and herein it meant being honest to get approval
to utilize the vapor lose. See, the reason that EXXON did not want to develop
Pt. Thompson was the fact that the super-volatility of that retro-grade
condensate would warrant that "vapor testing" all over again. So for
EXXON, it was best to leave it in the ground and use the reserve estimates as a
portfolio builder. For a company like EXXON, it makes money even when stuff is
"stuck" in the ground. So maybe for reasons of environmental responsibility,
keep it in the ground, as long as there is a replacement resource that keeps
the state out of EXXON's business, and 1002 is only a stone's throw away and
awaiting the Tyrump's approval. But here is wherein the scare exists. If the
"Independents" have a different obligation with respect to
environmental responsibility, one thing for sure is the fact that the bar will
be lowered under the incoming administration. On an ending note, I know the guy
that sabotaged the EXXON Valdez, he showed me the plan. He was in cahoots with
Charles Hamel, the oil broker who went broke trying to compete with EXXON and
then started a personal vendetta against the "Tiger", claiming that
he was an "environmental gadfly" and getting the attention of
Congress. I knew Mr. Hamel, and soon realized he was a fake. And he was in
cahoots with state workers that were also on the vendetta bandwagon due
monetary loses when teaming up with Hamel, environmental officers who thought
they could get way with murder, and use the same damn Hamel excuse. When crooks
take refuge under the "GAIA", we destroy it all.
Friday, December 16, 2016
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