New Mexico on the cutting edge of energy indsutry
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#1 Nov 23, 2008
there is no such thing as man made global warming. If anyone had a clue the earth is cooling due to sunspot cycle 24 which has not started up as of yet and it is 2 years overdue now. Look at the poles the ice is increasing not the other way around as most mushrooms are led to believe. Wake up people
#2 Nov 24, 2008
' "Just two years ago, the cost of injection was more than the price for methane," Grigg said.'
Given that oil/gas prices have dropped to about the levels they were two years ago, I'm guessing CO2 injection is once again a money losing proposition.
And it's likely to remain an economic gamble under the current volatile economic climate and for the foreseeable future - unless the oil companies get a federal bailout from the taxpayers and/or WW III starts up in the near future...
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