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| VTXB believes PAS technology will bring certainty to the electrical industry. That it will help convert electric utilities from facing insolvency to being solvent and strong. And finally, that it will further expand our energy resources since it will reduce how much of any given resource (natural gas, wind, solar, hydro, nuclear, gas, or diesel) will be needed to supply the electricity demanded and needed for a robust economy. |
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 Hot Stock to Watch |
Company: Vortex Brands Co. (Pink Sheets: VTXB)
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Last:
Price: 0.0037
Change (%): + 0.00 (0.00)
Volume: 225,000 |
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Vortex Brands Reveals How PAS Technology Is Like “Fracking” Electricity
SACRAMENTO, Calif., Jan. 29, 2020 (GLOBE NEWSWIRE) - Vortex Brands Co. (OTC: VTXB) under the dba Vortex Green Energy, and Tripac Systems, have created a national energy service plan that creates significant energy and cost savings to utilities who implement Phase Angle Synchronization (PAS). Our efforts to bring this energy-saving technology to market have faced several challenges that we thought were unique to our endeavor. However, we recently saw nearly the same dynamics, market resistance, and triumph play out within the energy sector and realized we needed to share how PAS technology is like “fracking”. (Full article available at www.vortexgreenenergy.com/fracking).
A Quick Primer on Hydraulic Fracturing and the Technological Impact in the Energy Sector
Recent articles in the Wall Street Journal and Vox have showcased how hydraulic fracturing, or “Fracking” along with developments in horizontal drilling techniques have single-handedly created an energy boom that both helped the economy grow, drove consumer prices down, and lowered emissions, all while creating over 700,000 jobs and making the US the #1 oil producing country in the world.
It’s not like geologists didn’t know where vast amounts of oil and gas were stored (in shale formations), it’s that the industry knew it was locked up in tight crevasses and did not have a way to economically access it. The problem to solve was how to extract the oil and gas from the hard shale rock in an economical way. And the reality was it was not the major oil companies like Exxon or Mobil or Chevron that figured it out. The majors gave up efforts of solving that problem (efforts included using a nuclear bomb for Project Rulison—which didn’t work) because it appeared that the money, they invested in finding a solution would never produce enough oil and gas to pay for itself.
A pair of technological advances, namely slickwater hydraulic fracturing and horizontal drilling, have transformed the US from energy-uncertain to energy-dominant and only in the last few decades. And it was a small, independent group run by George Mitchell–and not a major oil company–that solved the problem.
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