$5,000 Retro Fit Hybrid Kit
in [Cars]
|
Prev: Reg versus Premium Fuel experiament in 09 PT Cruiser
Next: A "SAVAGE SERVILITY" -- "The Holiday Season" !!!
From: jim on 13 Nov 2009 17:12 "leonard78sp(a)gmail.com" wrote: > > On Nov 12, 10:41 pm, John Larkin > <jjlar...(a)highNOTlandTHIStechnologyPART.com> .wrote: > > On Wed, 11 Nov 2009 13:12:39 -0500, "Paul E. Schoen" > > > Peak oil is always a few years ahead. > > �� "Peak Oil" at the present time, has evolved > from a production modeling resource into > a marketing scam. > > It worked quite well in 1956 to accurately > predict that United States oil production > would peak between 1965 and 1970. But > when Hubbert turned to foreign sources > he lost his way not understanding the way > Arabs and Russians do business, > > Unquestionably, Peak Oil's models were > responsible for the surge in prices for crude in > the futures markets. Added to that the API's > reluctance to accept the concept of "abiotic oil" > allowed the Sa'uds and Russians to conceal > their increased resources by drilling their old > unproductive holes deeper. > > > Cheap energy fueled the flight to the > > >suburbs and the inherently wasteful concept of long commutes and sprawling > > >individual houses for small families and individuals. > > > > Cheap oil changed a predominantly rural, farming society into a > > primarily urban one. > > > > Auto makers and oil > > >companies made more profits as such a lifestyle became more popular. > > > > Of course. In the process they made us far, far more efficient and > > prosperous and healthy than we had been. > > > > But > > >there is a finite amount of oil in the ground, > > �� Bullshit!!!! There is ONE well in the south > Atlantic (still under development) that has > reserves sufficient to supply USA with all > its' needs for centuries. > > In neighbouring fields, Exxon, BP, China, > Saudi Arabia, etc, are all drilling 10 miles > below the surface. > > Want to know more Google for "Tupi", > Petrobras, Sustainable oil, "Deep Hot > Biosphere" ... > There is something wrong with your hallucinations. According to Petrobras the Tupi oil field contains 5-8 billion barrels. The world uses 31 billion a year. > and even though we are > > >unlikely to "run out" suddenly like draining a gas tank, it will become > > >increasingly costly to extract, and price will rise exponentially as demand > > >continues to increase, until most people simply will not have the money to > > >afford it. > > �� BULLSHIT!! > > They will buy less as the price increases. This will happen slowly, > > and people will adapt.
From: Bret Cahill on 13 Nov 2009 17:55 > > There is ONE well in the south > > Atlantic (still under development) that has > > reserves sufficient to supply USA with all > > its' needs for centuries. > > > In neighbouring fields, Exxon, BP, China, > > Saudi Arabia, etc, are all drilling 10 miles > > below the surface. > > > Want to know more Google for "Tupi", > > Petrobras, Sustainable oil, "Deep Hot > > Biosphere" ... > > There is something wrong with your hallucinations. According to > Petrobras the Tupi oil field contains 5-8 billion barrels. The world > uses 31 billion a year. Some are calling it "The Long Goodbye." It'll be a "long goodbye" for those making over several hundred thousand a year. For the rest it will be a fast and ugly down grading of lifestyle. Bret Cahill
From: leonard78sp on 13 Nov 2009 20:08 On Nov 13, 5:12 pm, jim <"sjedgingN0Sp"@m(a)mwt,net> wrote: > "leonard7...(a)gmail.com" wrote: > > > On Nov 12, 10:41 pm, John Larkin > > <jjlar...(a)highNOTlandTHIStechnologyPART.com> .wrote: > > > On Wed, 11 Nov 2009 13:12:39 -0500, "Paul E. Schoen" > > > > Peak oil is always a few years ahead. > > > "Peak Oil" at the present time, has evolved > > from a production modeling resource into > > a marketing scam. > > > It worked quite well in 1956 to accurately > > predict that United States oil production > > would peak between 1965 and 1970. But > > when Hubbert turned to foreign sources > > he lost his way not understanding the way > > Arabs and Russians do business, > > > Unquestionably, Peak Oil's models were > > responsible for the surge in prices for crude in > > the futures markets. Added to that the API's > > reluctance to accept the concept of "abiotic oil" > > allowed the Sa'uds and Russians to conceal > > their increased resources by drilling their old > > unproductive holes deeper. > > > > Cheap energy fueled the flight to the > > > >suburbs and the inherently wasteful concept of long commutes and sprawling > > > >individual houses for small families and individuals. > > > > Cheap oil changed a predominantly rural, farming society into a > > > primarily urban one. > > > > Auto makers and oil > > > >companies made more profits as such a lifestyle became more popular. > > > > Of course. In the process they made us far, far more efficient and > > > prosperous and healthy than we had been. > > > > But > > > >there is a finite amount of oil in the ground, > > > Bullshit!!!! There is ONE well in the south > > Atlantic (still under development) that has > > reserves sufficient to supply USA with all > > its' needs for centuries. > > > In neighbouring fields, Exxon, BP, China, > > Saudi Arabia, etc, are all drilling 10 miles > > below the surface. > > > Want to know more Google for "Tupi", > > Petrobras, Sustainable oil, "Deep Hot > > Biosphere" ... > > There is something wrong with your hallucinations. According to > Petrobras the Tupi oil field contains 5-8 billion barrels. The world > uses 31 billion a year. You are too lazy, jim. You took the first estimate when they hit oil. It has been revised upward 3 or more times. Petrobras is chilling about the numbers but people are speaking of a factor of 100 > > > and even though we are > > > >unlikely to "run out" suddenly like draining a gas tank, it will become > > > >increasingly costly to extract, and price will rise exponentially as demand > > > >continues to increase, until most people simply will not have the money to > > > >afford it. > > > BULLSHIT!!
From: leonard78sp on 13 Nov 2009 20:08 On Nov 13, 5:55 pm, Bret Cahill <BretCah...(a)aol.com> wrote: > > > There is ONE well in the south > > > Atlantic (still under development) that has > > > reserves sufficient to supply USA with all > > > its' needs for centuries. > > > > In neighbouring fields, Exxon, BP, China, > > > Saudi Arabia, etc, are all drilling 10 miles > > > below the surface. > > > > Want to know more Google for "Tupi", > > > Petrobras, Sustainable oil, "Deep Hot > > > Biosphere" ... > > > There is something wrong with your hallucinations. According to > > Petrobras the Tupi oil field contains 5-8 billion barrels. The world > > uses 31 billion a year. Is there something wrong in your hallucinations Some US jackasses do think USA "IS" the world.
From: jim on 13 Nov 2009 20:15
Bret Cahill wrote: > > > > There is ONE well in the south > > > Atlantic (still under development) that has > > > reserves sufficient to supply USA with all > > > its' needs for centuries. > > > > > In neighbouring fields, Exxon, BP, China, > > > Saudi Arabia, etc, are all drilling 10 miles > > > below the surface. > > > > > Want to know more Google for "Tupi", > > > Petrobras, Sustainable oil, "Deep Hot > > > Biosphere" ... > > > > There is something wrong with your hallucinations. According to > > Petrobras the Tupi oil field contains 5-8 billion barrels. The world > > uses 31 billion a year. > > Some are calling it "The Long Goodbye." > > It'll be a "long goodbye" for those making over several hundred > thousand a year. This is one guy's projection for oil prices from now to 2020: http://www.theoildrum.com/files/image2415_0.png The bottom graph is the price of oil projected into the future. The grey areas in the graph are major recessions that bring the price of oil down after it has spiked to a peak. We are in the first grey area now. |