Friday, March 12, 2010

Confusing Oil Recovery with Cap & Trade

E-mail to Congress:

Randy,
EIN News says, "Pairing Oil Recovery With Carbon Capture a Win-Win for U.S., Report Says. Enhanced oil recovery -- a technique that stimulates aging wells -- combined with carbon capture and storage (CCS) could slash U.S. petroleum imports if there is a strong price on carbon, according to a report commissioned by an environmental group. (nytimes.com)".

Without even having read the report, I can tell you it is crazy logic.

Enhanced oil recovery, which is a practice that has been going on for many years, is certainly a good thing. Basically, it involves chemical and physical treatment of old wells to increase the production rate of those wells.

This has nothing to do with capturing and storing carbon dioxide from burning coal in electric utilities.

Why not say that a win-win situation is to treat old oil wells for greater production and have everybody get a haircut every two weeks.

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