From: Terry Blanton
But, have you considered how much cheaper it will be to pump oil from the ground using a LENR source? :-) Actually that is not sarcasm. It is likely that a prime early use of LENR will to extend the productive life of oilfields by a large factor. The USA has a sunk-cost infrastructure of 150,000,000 working vehicles, and the supply system for fuel delivery, so the economics of using LENR to leverage multi-trillion dollar legacy is a no-brainer. That is accomplished by bringing up deeper oil, and is actually a stronger incentive, economically - than using LENR as an alternative to the ICE… EVEN when the new technology lowers the value of the deeper oil! …at least for most consumers in the near term. Green activists do not want to believe this, but it is obvious to realists and most economists – nothing is more compelling economically than extending the lifetime of a sunk cost. In terms of geology, it appears now that most if not all of the mega oil fields are sitting on top of deeper shale which was in fact - the original source of the now depleted lighter oils. That is the real lesson of the Bakken and fracking. This is why Texas has and will continued to lead in oil production – even after most of the shallow wells are depleted. There could 10 times more oil than realized if and when it can be pumped up from 2 miles. This will leverage the energy of LENR in a non-green way, but follow the buck… it will happen and politics will not likely change that. Look for Texas oil money to try to put their man in the White House next go around… even if he is a Canuck :-)
