Quote:
Originally Posted by Bunz
You apparently dont understand how the directional technology works and the geography/geology of that area. There is no drilling technology in existence or in the foreseeable future that would make it even remotely profitable to drill horizontally with the ground and its permafrost and general volatility of freezing and thawing cycles etc. Again we are talking about a line that would need to be 70-100miles long.
Keep in the mind places where the existing pipeline encounters permafrost it is built above ground, one of the only long above ground pipelines in the world, if not the only one.
|
The public sector doesn't have to make a profit. The drug and terror wars are sufficient anecdotal evidence of the public sector artificially creating markets. In the case of extended reach drilling technologies, it would be a worthwhile investment.