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Oil Prices, Energy Trends & What Comes Next

I know they make this for other applications I believe. You could make the inside of the pipe material with something that would react with the common oil chemicals that it then would gel and harden up. So when the pipe cracks, the oil would react with the exposed inner material and chemically react to gel and harden. However, I don't know this would work with a more extremely busted pipe.
 
No but @C Pav idea of a pipe within a pipe would grab anything that would spill. Bad part would be working on it. But I guess if the gel remained between the two pipes and was a porous material then leaked oil could pass though. Plus the gel would work as a stabilizer in case of shock and even earthquakes.
 
No but @C Pav idea of a pipe within a pipe would grab anything that would spill. Bad part would be working on it. But I guess if the gel remained between the two pipes and was a porous material then leaked oil could pass though. Plus the gel would work as a stabilizer in case of shock and even earthquakes.
@C Pav has the right idea, a pipe within the pipe and maybe that outer pipe has simple pockets inside of it with sensors like every so many feet where the outer pipe seals so that the oil can still flow until they they are onsite to fix it.

 
Here is a better idea instead of building a pipeline and paying for all the millions in costs and maintenance, why not just open up refineries at the sources and quite exporting and keep our prices low here and provide jobs?
 
Here is a better idea instead of building a pipeline and paying for all the millions in costs and maintenance, why not just open up refineries at the sources and quite exporting and keep our prices low here and provide jobs?
You'd still have to transport the finished product somehow....

 
I know we have a gas price thread, but this relates to here too : Gas Prices Set to Fall

In the article, it mentions:

But Kloza and some other experts believe the recent rally in oil prices could be running out of steam. Factors that drove oil prices lower late last year, including increased U.S oil production, could start to put downward pressure on crude in coming months."We believe that the recent price rally is premature," wrote Goldman Sachs oil analysts Damien Courvalin and Jeffrey Currie in a note this week. They're expecting prices to revisit recent lows of $45 a barrel by October.
 
Went over to a neighbors this weekend. He said they had 3 rounds of layoffs with the oil and he was in the third one that happened last week. Felt bad for him since they are from back east and has two kids. Also came into work this morning and they had office space rented out upstairs for an oil company. They came in over the weekend packed up everything and left. They broke their leases and took all their computers and took off. Guess they owe us alot too. They caught them on video. Yup when the oil starts to fail people take drastic measures.
 
Talking to another co-worker and his GF was just layed off by BH. She had a high position too. Sounds like the oil is really starting to take it's toll.
 
Lot's of places are cleaning house for sure. It's hard to tell what will happen really, so many variables. If they are right on the projected low oil prices into the end of the year, more places will tighten their belts and not be drilling that much if at all, so down goes related services to support them. This would most likely cause a delay period until the 2016 elections, if some international political event doesn't happen before hand.
 
Crude output from the prolific tight-rock formations such as North Dakota’s Bakken and Texas’s Eagle Ford shale will shrink 1.3 percent to 5.58 million barrels a day this month, based on Energy Information Administration estimates. It’ll drop further in July to 5.49 million, the lowest level since January, the agency said Monday.

Source

 
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