Thursday, April 10, 2014

What isssue was this addressing? What solutions were proposed?

Image. He ran on image and he could not even live up to that. He is there for one reason, petroleum.

McAllister first worked in the oilfield technology business and then branched into oil and natural gas leasing, real estate, convenience stores, pipeline construction, equipment rental, and the promotion of wrestling matches and other sporting events. His most successful company is an oil exploration and production company, Texas Coastal Energy Company, based in Irving. Texas Coastal explores for oil and natural gas domestically, and is run by its CEO, Jeff Gordon.

Rush County Oil Project, Burdett Oil Project are in Kansas. (click here) The only thing this company has in Texas is an office in Dallas. 

This illustration (click here)  probably won't make much sense to most people, but, these are the oil layers in Oklahoma and Kansas Rep. McAllister is trying to get oil and gas from.

I have seen this over and over again in more countries than the USA, where someone with a little bit of money buys some leases and then goes begging for partners when the fields are so dried up they don't yield an ounce.

The MLP (click here) (Mississippian Lime Play) is a porous limestone formation that encompasses areas of northern Oklahoma, and southern and western Kansas. The region was considered tapped out by vertical drilling decades ago, but a technique known as hydraulic fracturing (also called fracing or fracking) in combination with horizontal drilling has the potential to significantly revive oil and gas activity in the region.

The fact of the matter is, Mr. McAllister has a problem. He has invested in dried up oil fields that won't yield the cost of his operation. He wants partners in hopes the cost will be spread among many people. 

Has any fracking opponent ever asked how much oil and gas these companies are actually getting out of the ground with horizontal drilling and hydraulic fracturing chemicals and tons and tons of precious water? Texas Coastal is going to drill and drill and punch holes in Earth causing all kinds of destabilization of the land and it won't yield any amount worth the effort. Then Americans will be stuck with the bill from now into forever for earthquakes and pulverizing landscape. This, all because George Failing of Enid, Oklahoma was able to manipulate a drill bit at the end of a steel pipe in 1934. 

McAllister is the generation of oil men willing to go to any length to save their sorry investments no matter what it takes. He is now in Congress to find a way to make wealth happen for him and become the most powerful oilman in the world. He isn't there for any reason except wealth. His antics with Congressional personnel has a long history of abuses within the USA Congress and quite frankly what is so different than the scandal at Mines and Mineral Management under Bush? 

He serves on the Agricultural and Natural Resources Committees in the House. No surprise there.