TORONTO, Oct. 22, 2021 (GLOBE NEWSWIRE) Stroud Resources Ltd. (TSXV-SDR) (“Stroud” or the “Company”) is pleased to provide an update to its 2021 Phase.
fishing. a huge part of the economy. not all the environmental groups are happy because just last week the president approved a drilling permit off the northwest coast for shell. something in the works since the bush administration. but they say it is hypocritical for him to come here and say he s going to be the president that addresses climate change and to do something which they say promotes fossil fuels which contribute to the global warming. and that is not the only controversy he s facing here. just yesterday the president announcing mount mcen kinly is going to be renamed denali which in fact alaskans have always known it as such. it was a point of contention for native americans who said it was just another example of imperialistic americans who decided to tell them what it was
they say, well, they already have the leases. a lease is one thing, a drilling permit is another. yes, the leases are out there, but the energy department and the obamacare administration in general is holding back on drilling permits. that s true. oil and gas in this country largely remains in the protective custody i m being facetious it obamacare administration. when you drive down the cost of energy worldwide you get rid of these dictators like putin. you have arab springs breaking out. whoever controls energy controls power of a government. what is happening now is i think you mentioned at the break, david, 25 export terminals are in the pipeline for lng, but they re being held up. if we fast track them, wow, you could see a total ripple effect around the world of who s in power. particularly, bill, when you look at a map of ukraine and you see it just criss-cross with all these gas pipe lines, europe is
project. if it works and it appears that it is they are going to use the solar technology in places around the world where natural gas is unavailable or unaffordable. places like indonesia where you have very heavy crude. the other nice thing is there is no tax money involved in this green project. if it is taking place in california, very hard to get a new drilling permit, you can get 40% more oil by using this kind of enhanced recovery than you can without it. that also is very important for domestic energy. back to you. jenna: do you have to wear any type of special sunglasses or anything if you re around the area with all the mirrors and all that reflection, is there any sort of risk? reporter: good point. you can look at the mirrors below, they ve got these pointed obviously not in our direction or we would fry. as a matter of fact i want to show you, mark look at this up here. when they turn one of these mirrors towards us you can see where this melted right above me is that bo
jobs, here that allow people to afford that drive as it is about the actual cost of the fuel. greta: so, what exactly hearings what do you hope to accomplish? one of the things we are going to feature is up in north dakota in the last four years we ve had 1,000 fold increase in oil production. there s now over a quarter million barrels a day produced. yet, that type of technology what you would call lateral and advanced tracking is being driven down by every effort made by this administration. more importantly, we are going to debunk the myth that oil companies sit on leases. when in fact, a lease is not a drilling permit. it is not an operating well. it is the time to market that has is being pushed up by moratoriums, court battles that the administration has always lost. we ve lost time. up in alaska, shell lost a year because of an unreasonable delay created by