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thatsummer

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I am not going out tonight! I am recovering from the flu and dont want to risk slowing down the process.

So, anyone want to know anything?! I am completely open on the subject. I'll be back in an 30 mins. I going to pick up some take-out.
 

thatsummer

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How did you get your STD?
i am assuming std = sexually transmitted disease. according test completed at my last physical, i dont have any std's. which means im not sleeping with enough people. haha... in a semi-pathetic way.


Do you really have the flu?

acute bronchitis, but it was easier to say flu. i was sick all christmas weekend. i feel 10x better, but there are still some lingering symptoms. i have big new years plans and want to be ready to have fun.
 

Roboman

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Why do you believe you are so interesting?
 

thatsummer

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Why do you believe you are so interesting?
the "so" part is getting me a little defensive. i'd like you to be interested in me for reasons beyond my understanding. something along the lines of need/desire for social interaction. i think i am interesting bc i have many experiences. school, work, friends, vacations, theories, triumph, failures, pet peeves, cars, sports, ect.

i could start a thread by tell you something that i want you to know or asking you about something i want to know, but thats over done.
 

ApostateAbe

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What is your full name, address, birthdate, social security number, credit card number, credit card security code, credit card expiration date and the name of your first pet?
 

BigApplePi

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Okay ts. I haven't had the flu for a long time. My recollection is the fever knocked me out at the beginning. The rest I don't recall. What stage are you in now and are you optimistic?

2nd Q: Do you have a theory of anything that others can understand that may be up to question? That is, you wish to propose it, but it's not a sure thing?

3rd Q: Is there anything you'd like to ask me? I'm open.
 

Enne

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^What do you do for work in NYC? How do you make sense of (resource/transportation/people) such a large city?
 

BigApplePi

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What is your full name, address, birthdate, social security number, credit card number, credit card security code, credit card expiration date and the name of your first pet?
Lol AA. Perhaps you are secretly so unsure of your own identity that you have to steal one. Well I don't blame you.
 

thatsummer

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What is your full name, address, birthdate, social security number, credit card number, credit card security code, credit card expiration date and the name of your first pet?
i am not comfortable sharing that information. lame question btw.

i guess i should give this thread more direction. i am a INTP according to the MBTI system. my mother and father are a INFJ and ISTJ respectively. if you know about those personality types than you will understand i have a difficult life. my oldest sister is a INTJ, which is basically my parents' dream child. so that didnt help. i think the pressure i got from them forced me to develop my other functions faster than normal. i think i am ahead of the curve for my age in many aspects.
 

Da Blob

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How do I convert 4300 comments into a book?

Remember I am an INTPian..
 

BigApplePi

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^What do you do for work in NYC? How do you make sense of (resource/transportation/people) such a large city?
Enne. Define "you." This is thatsummer's thread, gulp!
 

thatsummer

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Okay ts. I haven't had the flu for a long time. My recollection is the fever knocked me out at the beginning. The rest I don't recall. What stage are you in now and are you optimistic?

2nd Q: Do you have a theory of anything that others can understand that may be up to question? That is, you wish to propose it, but it's not a sure thing?

3rd Q: Is there anything you'd like to ask me? I'm open.

1. i am almost fully recovered. all i have now is a minor cough and fatigue.

2. i am an reservoir engineer. my focus at work is on north american shale plays. i have theories on reservoir characteristics. i am also about to finish a MBA program w/ a concentration in financial services. i have many economic theories. i could share them, but that'd take a really long time.

3. where did your screen name, bigapplepi, come from?
 

BigApplePi

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How do I convert 4300 comments into a book?

Remember I am an INTPian..
Either pick a theme or wing it and let one develop. The book is to be about those comments?
 

thatsummer

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How do I convert 4300 comments into a book?

Remember I am an INTPian..

i'd start by throwing out the pointless comments. then i'd figure out the flow of the comments. like their relationship with the other comments. do they build on each other, are they specifically in response to the OP, things like that. you can figure out the rest.
 

BigApplePi

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1. i am almost fully recovered. all i have now is a minor cough and fatigue.

2. i am an reservoir engineer. my focus at work is on north american shale plays. i have theories on reservoir characteristics. i am also about to finish a MBA program w/ a concentration in financial services. i have many economic theories. i could share them, but that'd take a really long time.

3. where did your screen name, bigapplepi, come from?
1. Good. Are you wearing fatigues or pajamas?

2. Name one reservoir theory. A reservoir should not leak liquid? You wish to deal with financing reservoir creation? (I assume a relationship, lol.) Name an economic theory using 50 words or less.

3. bigapple = New York City; pi -> I have a degree in mathematics; applepi = your guess is as good as mine.
 

thatsummer

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Enne. Define "you." This is thatsummer's thread, gulp!

i am assuming he means you, bigapplepi. i dont live in nyc, but ive been there.

@enne. how would i make sense of nyc? humm... i dont understand the question. sense as in how do you justify the existence of such big city? or are you asking about the process of learning about the city? or just how do you live there?
 

ApostateAbe

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i am not comfortable sharing that information. lame question btw.

i guess i should give this thread more direction. i am a INTP according to the MBTI system. my mother and father are a INFJ and ISTJ respectively. if you know about those personality types than you will understand i have a difficult life. my oldest sister is a INTJ, which is basically my parents' dream child. so that didnt help. i think the pressure i got from them forced me to develop my other functions faster than normal. i think i am ahead of the curve for my age in many aspects.
What are some of those aspects in which you may be ahead of the curve?
 

downsowf

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@enne. how would i make sense of nyc? humm... i dont understand the question. sense as in how do you justify the existence of such big city? or are you asking about the process of learning about the city? or just how do you live there?

Hey, I thought we were asking the questions.

Back to topic: Who did you vote for in the last three elections?
 

thatsummer

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1. Good. Are you wearing fatigues or pajamas?

2. Name one reservoir theory. A reservoir should not leak liquid? You wish to deal with financing reservoir creation? (I assume a relationship, lol.) Name an economic theory using 50 words or less.

3. bigapple = New York City; pi -> I have a degree in mathematics; applepi = your guess is as good as mine.

1. pajamas
2. there is a way to measure reservoir quality called productivity index. basically it is change in production rate over the change in reservoir pressure. in shale plays the productivity index decreases over time. people arent sure why. i think it is bc of shrinking wellbore to reservoir surface area. not sure how to test it yet.

there is a theory in economics around supply and demand elasticity. certain products are very inelastic, like oil. i like thinking about what makes prices change. then what makes the thing that makes-prices-change change. and so on and so forth.

3. what do you like about math? and how do you use it in your profession? like stats, models, coding?
 

BigApplePi

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2. there is a way to measure reservoir quality called productivity index. basically it is change in production rate over the change in reservoir pressure. in shale plays the productivity index decreases over time. people arent sure why. i think it is bc of shrinking wellbore to reservoir surface area. not sure how to test it yet.
I don't have a good follow up on that but someone else may.
there is a theory in economics around supply and demand elasticity. certain products are very inelastic, like oil. i like thinking about what makes prices change. then what makes the thing that makes-prices-change change. and so on and so forth.
The term liquidity comes to mind. Is that what you mean? Do you have any thoughts on what makes prices change? I think in terms of waves, short-term, intermediate and long.
3. what do you like about math? and how do you use it in your profession? like stats, models, coding?
I am retired now (today I trade securities) but was merely a computer programmer, the price for being too INTP. I loved pure (not applied) math for its beauty but never found any creative outlet in that department. Besides computing, math constructs systems from starting points called postulates. I use the feeling from that to try to understand how the world works. I have a thread called, "Understanding Made Simple", for example.
 

thatsummer

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What are some of those aspects in which you may be ahead of the curve?

i am have to eat my own words on that statement, bc i dont know for certain what the curve is. i maybe just overvaluing myself. i hate using quantitative characteristics, but i guess the purpose of quantifying anything is to compare. to start with i had above average grades in school. i've completed more schooling than most. i have a BS, ME (masters in engineering), and 3 classes left to complete my MBA. i make more money than most. i have more friends and go out more than average, which is especially odd bc i am very introverted. i think have a strong understanding of all Jungian functions. i can execute all of them at a high level when i need to, but i usually do not due to limited energy. but more importantly, i feel like i respect and have an appreciation for all the functions. i am accomplished in athletics. i participated in martial arts since i was a kid, play football and wrestled in high school. i stopped competing in college but still participated in jujitsu and judo. recently i got into motorsports, not competitively but the things you learn on the track make you a better driver everywhere. here is something random, ive never been pulled over for a moving violation (*knock on wood). in high school i played in starcraft and counter strike tournaments. i played world of warcraft a bunch, and when i quit playing i accumulated enough junk to sell my character for $700. i dunno... i think i've accomplished a lot for someone in their mid-twenties.
 

ApostateAbe

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i am have to eat my own words on that statement, bc i dont know for certain what the curve is. i maybe just overvaluing myself. i hate using quantitative characteristics, but i guess the purpose of quantifying anything is to compare. to start with i had above average grades in school. i've completed more schooling than most. i have a BS, ME (masters in engineering), and 3 classes left to complete my MBA. i make more money than most. i have more friends and go out more than average, which is especially odd bc i am very introverted. i think have a strong understanding of all Jungian functions. i can execute all of them at a high level when i need to, but i usually do not due to limited energy. but more importantly, i feel like i respect and have an appreciation for all the functions. i am accomplished in athletics. i participated in martial arts since i was a kid, play football and wrestled in high school. i stopped competing in college but still participated in jujitsu and judo. recently i got into motorsports, not competitively but the things you learn on the track make you a better driver everywhere. here is something random, ive never been pulled over for a moving violation (*knock on wood). in high school i played in starcraft and counter strike tournaments. i played world of warcraft a bunch, and when i quit playing i accumulated enough junk to sell my character for $700. i dunno... i think i've accomplished a lot for someone in their mid-twenties.
I think you are ahead of the curve, and you should be proud. You sound a lot like me, and I think of myself as ahead of the curve, but you have gone considerably further.
 

thatsummer

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Hey, I thought we were asking the questions.

Back to topic: Who did you vote for in the last three elections?

you know what? i feel a bad about this one. i assume you mean presidential elections. i've voted twice ever. both times were in college, and i cant even remember who i voted for. i am not into politics, bc everything they say and everything people want to to talk about are horribly illogical to me. i think my only motivation for voting is bc i understand how they do the marketing/campaigning. basically the demographic groups with the highest voter turnout gets the attention in the next election. therefore my vote was more for my demographic group than it was for me. i think i voted demogratic too, the opposite of my state's majority.

i am actually more interested in the bureaucrats' actions and thoughts. i like reading about volcker, greenspan, and bernanke.
 

EditorOne

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"there is a way to measure reservoir quality called productivity index. basically it is change in production rate over the change in reservoir pressure. in shale plays the productivity index decreases over time. people arent sure why. i think it is bc of shrinking wellbore to reservoir surface area. not sure how to test it yet."

Reservoir of what? Water? Oil? Gas?
Why do you use a euphemism like "shale play" for "shale holding a now economically extractable resource?" And isn't the reason for productivity drops a combination of a tightly held resource (as opposed to pooled oil, for instance, which already migrated up under pressure into formations other than the source rock) which doesn't have much innate pressure to begin with. along with the removal of the resource and whatever natural pressure it might exert?
What is it you will do with your theories?
 

thatsummer

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I don't have a good follow up on that but someone else may.
The term liquidity comes to mind. Is that what you mean? Do you have any thoughts on what makes prices change?

liquidity is a variable that determines how prices change (hard or easy, fast or slow), but it is not necessarily why prices change. for example, houses are somewhat illiquid. it cost a lot and requires a lot of work to complete a transaction. therefore, you usually need a good reason to sell your home, like a growing family or new job. cars on the other hand are relatively liquid. people buy and sell cars merely out of boredom.

elasticity of supply and demand are the reason for large price changes in short periods of time. oil is a good example of inelastic supply and demand. producing oil requires large initial capital investment and time (finding a field, leasing rights, filing permits, drilling the well, building pipelines to market, ect.). even when prices double the industry has logistical limitations and cant react quickly. on the demand side, we like our cars in america and rely on the heavily. even when prices increase, we cant reduce our consumption fast enough to lower demand. this is what americans realized in the 1973 arab oil embargo and 1980 iranian revolution. supply got disrupted due to political reasons and prices skyrocketed. in my opinion, every energy policy's goal is to increase elasticity. the same goes for the tax/subsidy system in the petroleum industry.

the shale plays are a game changer. they have a very different risk profile than traditional reservoirs. in my opinion they are like a God-sent gift. they are the perfect tool we needed to transition us to the next energy source.
 

Da Blob

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"there is a way to measure reservoir quality called productivity index. basically it is change in production rate over the change in reservoir pressure. in shale plays the productivity index decreases over time. people arent sure why. i think it is bc of shrinking wellbore to reservoir surface area. not sure how to test it yet."

Reservoir of what? Water? Oil? Gas?
Why do you use a euphemism like "shale play" for "shale holding a now economically extractable resource?" And isn't the reason for productivity drops a combination of a tightly held resource (as opposed to pooled oil, for instance, which already migrated up under pressure into formations other than the source rock) which doesn't have much innate pressure to begin with. along with the removal of the resource and whatever natural pressure it might exert?
What is it you will do with your theories?

'shale play' is oil patch jargon. The drop in pressure is caused by the fact that the secondary permability is induced via 'fraccing'. Although shale has a porosity of 25%, it has no natural permability, because shale swells in the presence of water, filling in the cracks through which hydrocarbons can migrate to the well bore. It is something of a scam. Initial production of shale gas wells can be very impressive, but the cracks around the well bores will swell shut eventually and one might get a flush but not much more...
 

thatsummer

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Do you have any thoughts on what makes prices change? I think in terms of waves, short-term, intermediate and long.

as a matter of fact, i do! i think age demographics plays a huge role in macro movements.

which age group do you think is the most productive and spends the most money. below is a link of a study done by bureau of labor and statistics. they use very broad ranges, but i estimate 35-45 year-olds are the most productive and spend the most money.
http://www.bls.gov/opub/ils/pdf/opbils41.pdf

now think about the baby boomers. below is a link to historic age distribution of the US population. look at how many people moved into that age range in the 1990's, and the amount economic growth in those years. extrapolate that same logic to the past few years. baby-boomers are exiting their prime spending age and there are not enough generation x'er to replace them.
http://www.nationmaster.com/country/us/Age_distribution

i can relate this to the housing market too. another example of this concept is japan. i am not saying what happened in japan is happening in the US, but we're fighting the same force.

I am retired now (today I trade securities) but was merely a computer programmer, the price for being too INTP. I loved pure (not applied) math for its beauty but never found any creative outlet in that department. Besides computing, math constructs systems from starting points called postulates. I use the feeling from that to try to understand how the world works. I have a thread called, "Understanding Made Simple", for example.

interesting. do you have a link?
 

thatsummer

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I think you are ahead of the curve, and you should be proud. You sound a lot like me, and I think of myself as ahead of the curve, but you have gone considerably further.

thankyou! i really appreciate the your recognition. it is ironic. i am more proud of my abilities than my accomplishments, but you have to prove your ability with accomplishments.

i do have a major deficiency. some might say it is the only thing that matters, and i agree with them. i am not very happy, but i think that is getting better. like ya'll, my dominate functions are introverted thinking and extraverted intuition. i cant confidently form an opinion or make a decision until i have a holistic understanding of the system. during this time i yielded life decisions to my parents. i completely bought into their idea of happiness. college->job->money->family->>happy... after i graduated i was pretty depressed. i've put a lot of energy the last few years figuring out what to do now. i have vision now about where i want my life to go, and i am making progress.
 

thatsummer

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Reservoir of what? Water? Oil? Gas?
Why do you use a euphemism like "shale play" for "shale holding a now economically extractable resource?" And isn't the reason for productivity drops a combination of a tightly held resource (as opposed to pooled oil, for instance, which already migrated up under pressure into formations other than the source rock) which doesn't have much innate pressure to begin with. along with the removal of the resource and whatever natural pressure it might exert?
What is it you will do with your theories?

i dont understand your first question.
i forget the term "shale play" is considered jargon. the term is a spin off of "resource play" which might be jargon too.
Encana refers to resource plays as large, known sources of gas trapped beneath the earth’s surface. Resource plays can deliver profitable long-term production through the use of advanced technology and development that achieves economies of scale. A resource play can exist over a large areal expanse and/or thick vertical section of land and, in the past, could have been considered uneconomic or technically challenging to develop. http://www.encana.com/glossary.html
by "tightly held resource" i think you are referring to permeability. no, permeability explains why productivity sucks to begin with but it does not explain why the productivity would change over time. unless you think the permeability is changing over time, which is a plausible scenario in specific reservoirs. Shale reservoirs are the source. the petroleum fluids formed there and are stuck there, no migration involved. The innate pressures in shale formations is extremely high. normal pressure gradients is .433 psi/ft (density of water), and typically economic oil reservoirs will be around .45-.50 psi/ft. economic shale oil reservoirs are closer to .50-.75 psi/ft. even the gas ones are that high.

i dont know what to do with it. intuitively it makes sense though, right? to achieve economic rates you must use hydraulic fracturing. the purpose of frac'ing is to increase reservoir conductivity to the wellbore, aka increase direct surface area. i imagine the fractures created by frac'ing look like shattered glass (in 2d). you product the fluids that are closes to the fractures first. now imagine drawing a lime a millimeter around the fractures to denote depleted reservoir. now measure the length of that line. now draw another line 2 millimeters around the fractures. the length of that line should be shorter. you start bumping into other fractures. extrapolate that concept and the length of your line gets really short compared to where it started.

I think of it like flux in physics. a more tangible example is a radiator with static air.
 

thatsummer

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Why is it worth it to get an MBA? How will it help you doing whatever it is you want to do?

to me, an MBA is almost worthless. i do not enjoy the type of students i am around. they all want very transactional type of relationships. what i learned is priceless to me. i needed a little structure to get me going, but now that i have it i've contemplated quitting. but the quantitative stamp might save me headaches later, so im going to finish.

i needed vision. i had no idea what people do with the reports i wrote. i had no idea what to do besides what my boss told me. i had no idea how to help my clients and improve my product. my question was what am i trying to convey to the reader of my report? i asked my boss and senior co-workers, and their answers were insufficient. to add to my confusion and frustration, the SEC revised their reporting rules in 2008. application of the rules are inconsistent. everyone had an opinion and there was lots of arguing. stressful time to be at the bottom of the totem pole.
 

EyeSeeCold

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What exact time( hour:minute:seconds) will it be when you submit a response to this question?
 

thatsummer

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'shale play' is oil patch jargon. The drop in pressure is caused by the fact that the secondary permability is induced via 'fraccing'. Although shale has a porosity of 25%, it has no natural permability, because shale swells in the presence of water, filling in the cracks through which hydrocarbons can migrate to the well bore. It is something of a scam. Initial production of shale gas wells can be very impressive, but the cracks around the well bores will swell shut eventually and one might get a flush but not much more...

25% :eek: haha. your number is a bit high (imo 6-12% typical), but the concept is right. acceptable porosity & poor permeability. shales do not swell in the presence of water. that is clays. http://www.glossary.oilfield.slb.com/Display.cfm?Term=clay swelling
initial production decline is due to the the concept i described in the previous reply.
i do not think it is a scam at all. in fact i cant describe how hugely positive i think this will be in the long run. were some of the recent transactions over priced? maybe... but thats how markets work. over priced->under-priced->over priced->under-priced->and so on.
 

BigApplePi

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^What do you do for work in NYC? How do you make sense of (resource/transportation/people) such a large city?
Enne. I'm retired. Sense? That's three Q's.

1. I use resources available at my convenience.
2. Bicycle, walk and sometimes run.
3. I used to ignore all strangers but thanks to this board am now willing to be more friendly. It seems to work.

Hey, I thought we were asking the questions.

Back to topic: Who did you vote for in the last three elections?
downsowf. I'll answer. He picked one candidate and voted for that one ... all three times whether he liked them or not.
 

BigApplePi

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Ha. You've really opened a shit storm in me. I could ask you ridiculous questions all night. It's quite fun.
There is no such thing as a ridiculous Q but some are less ridiculous than others.
 

EditorOne

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"3. I used to ignore all strangers but thanks to this board am now willing to be more friendly. It seems to work"

Now, that's interesting. :)

Thanks for all the answers on shale, to everyone who provided them, even when they were mildly contradictory.

Reservoir: The first thing I think of when the word appears is a water reservoir maintained to stabilize water supplies and, sometimes, maintained to create a void where floodwaters can be held and released in a non-flood way. Oil and gas reservoirs are second on my list. I just wanted to get on the same page.

We are in the middle of uproar here in Pennsylvania because of Marcellus shale gas and fracking.

Since you have actually taken the trouble to educate yourself, can you explain, in layman terms (you may notice I bristle at jargon, I find it used too often to exclude people rather than explain) whether the fracking used for gas extraction compares in any way with what takes place in connection with deep-well geothermal? Ie., geothermal for turbines, not heat exchangers for individual buildings? Geothermal appears to be having difficulties in some areas because the process sometimes sets off little earth shudders. Is that the expected result of hitting hot rock with water, or are there deliberate explosions taking place to break up the hot rock to make it more efficient?
 

BigApplePi

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(you may notice I bristle at jargon, I find it used too often to exclude people rather than explain)
Bravo. I 2nd that maybe.

Nevertheless when one atrafs the glomcuble to the frackmobile the result can be disrombilational. I'm not sure so extra-extensibe opinions can be soliticited without defracking unnecessarily.
 

thatsummer

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We are in the middle of uproar here in Pennsylvania because of Marcellus shale gas and fracking.

Since you have actually taken the trouble to educate yourself, can you explain, in layman terms (you may notice I bristle at jargon, I find it used too often to exclude people rather than explain) whether the fracking used for gas extraction compares in any way with what takes place in connection with deep-well geothermal? Ie., geothermal for turbines, not heat exchangers for individual buildings? Geothermal appears to be having difficulties in some areas because the process sometimes sets off little earth shudders. Is that the expected result of hitting hot rock with water, or are there deliberate explosions taking place to break up the hot rock to make it more efficient?

I heard about those earch shudders, but i dont know what causes them. I'll have to get back with you on that.
 

BigApplePi

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Originally Posted by BigApplePi
Do you have any thoughts on what makes prices change? I think in terms of waves, short-term, intermediate and long.
Originally Posted by thatsummer
as a matter of fact, i do! i think age demographics plays a huge role in macro movements.
http://www.nationmaster.com/country/us/Age_distribution
i can relate this to the housing market too.

Economics is a tough topic for me. What are the BIGgest forces? My intuition is not convinced as to how to categorize. Demographics seems a good candidate for something. After housing, I've heard autos used to be second in line. Climate change could be endemic and natural disasters more subject to chance. After those I don't feel a completeness. Free market versus tight control is another category.

Minor note: great age chart. But why are their colors inconsistent until years 2020 & 2050?
Originally Posted by thatsummer
interesting. do you have a link?
Understanding Made Simple but it's long, not simple and arduous, lol.
 

thatsummer

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Economics is a tough topic for me. What are the BIGgest forces? My intuition is not convinced as to how to categorize. Demographics seems a good candidate for something. After housing, I've heard autos used to be second in line. Climate change could be endemic and natural disasters more subject to chance. After those I don't feel a completeness. Free market versus tight control is another category.

Minor note: great age chart. But why are their colors inconsistent until years 2020 & 2050?
Understanding Made Simple but it's long, not simple and arduous, lol.

I don't know what the major forces are, but i know population is one of them. i do not think climate change will be an issue (i mean i think it will be, but not in the devastating ways it has been described in the media). not because i know a bunch about climate change, but because what has been shown to me does not make sense. i recommend watching the documentary "cool it". http://www.imdb.com/title/tt1694015/. I don't know if he is right, but his logic sounds more reasonable to me.

I will read your thread soon.
 

thatsummer

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Understanding Made Simple but it's long, not simple and arduous, lol.

I read your thread and most of the comments. I am having difficult understanding your understanding tools (haha, ironic). I read the triangle example, but I don't really get it. What exactly are we trying to understand? For instances, are we trying to quantify an attribute of the triangle? Or are we trying to come up with a consensus about the existence of the triangle? I guess I am missing the definition of understanding. I think once I get that I understand the rest of it.
 

BigApplePi

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:rolleyes:
I read your thread and most of the comments. I am having difficult understanding your understanding tools (haha, ironic). I read the triangle example, but I don't really get it. What exactly are we trying to understand? For instances, are we trying to quantify an attribute of the triangle? Or are we trying to come up with a consensus about the existence of the triangle? I guess I am missing the definition of understanding. I think once I get that I understand the rest of it.
Did you or can you reply over there? ... so I can find it :confused:. It might be useful also to anyone in the same shoes.:)
 
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