Texas Gusher Exposes Lie Of Peak Oil Pushed By Media

29 Comments on "Texas Gusher Exposes Lie Of Peak Oil Pushed By Media"

rockman on Thu, 17th Nov 2016 4:37 pm 



Won’t waste time on this one. BTW do we all remember the USGS assessment of the Monterey Shale:

The USGS study is the latest to lower a 2011 federal energy estimate that billed the Monterey Shale as a game-changer for U.S. oil, with what was then estimated at 13.7 billion barrels of recoverable oil overall. Instead, the U.S. Geological Survey’s new study said, the most oil-rich portion of the giant shale formation holds just 21 million barrels of oil that can be recovered by intensive methods, such as hydraulic fracturing.

I wonder if it was the same USGS staff that did the Monterey Shale TREND study that did the Wolfcamp Shale TREND study.

Go Speed Racer on Thu, 17th Nov 2016 4:54 pm 



I like Gushers. Everybody running around
screaming “we’re rich, we’re rich”, while
oil rains down from the sky.

Beware of falling pipes and timbers.
American Dream, fun for the whole family.

Apneaman on Thu, 17th Nov 2016 5:30 pm 



Texas Gusher? I’ve watched all her videos (educational purposes only). Very talented.

http://www.xnxx.com/video-7r8jr22/close_up_squirting_heavily_homemade

makati1 on Thu, 17th Nov 2016 6:48 pm 



If there has been no ‘peak oil’, why are countries going bankrupt? Why? Because demand has peaked, not oil. Demand rules the price and therefore the availability of future oil.

As has been said many time here: When the last well is shut down, there will still be billions of barrels of oil left in the ground, and there it will remain until the sun goes nova. EROEI…

Sissyfuss on Thu, 17th Nov 2016 7:11 pm 



Apey, you’re a naughty, naughty boy. By the way, I wonder what her EROEI is.

Apneaman on Thu, 17th Nov 2016 10:28 pm 



Sissyfuss here is a brand new one from Moby with animation from the insightful and awesome Steve Cutts.

https://www.youtube.com/watch?v=VASywEuqFd8

Harquebus on Fri, 18th Nov 2016 5:28 am 



makati1
Maximum global oil production is peak oil whether there is a demand for it or not.

makati1 on Fri, 18th Nov 2016 6:52 am 



LOL. Define it anyway you want, it is past and that is FACT. We are on the slippery slope to the bottom. Plenty of oil in the ground. No buyers in the future.

It’s called supply and demand. No demand, no supply. It costs a fixed amount to run the energy/oil system. When there in not enough sales income to support it, it will end. Logic, not word games.

Revi on Fri, 18th Nov 2016 1:25 pm 



Nice. This kind of thing is great just to see how the other half thinks… Nice little history lesson too!

Dredd on Fri, 18th Nov 2016 2:10 pm 



That video is so yesterday as rockman pointed out.

We need to be tomorrow people (The Authoritarianism of Climate Change – 2).

denial on Fri, 18th Nov 2016 2:32 pm 



Mak I keep hearing this no demand no supply argument but I just can’t buy it…oil is the life blood and if you don’t have it you die…people will buy it even if they have to bleed themselves to death for it they will…currencies will and are being manipulated as they always have….this idea that we have a transparent financial system in the world were anyone with a computer can find the truth is very childish…there is a deep state that runs things—-just look at Yellens comments to trump the other day—-notice you did not hear anything on twitter from him about that…they can make it so he is run out of town by his own people and penniless…..

Mark Ziegler on Fri, 18th Nov 2016 2:42 pm 



The sound of the guys voice is all bass booming. Can they adjust to more midrange vocals?

Southwest_PA on Fri, 18th Nov 2016 3:12 pm 



A new “assessment” (not discovery) in a historic shale play is a “gusher”? Gimme a break. This is pure spin. As rockman points out, these “assessments” involve a lot of guesswork, and are just as likely to be revised hugely downward as upward.

makati1 on Fri, 18th Nov 2016 5:12 pm 



Oil demand is already in decline. Denial. It is covered up by the huge storage that China, and a few other countries, are doing at the moment. And by the bullshit being shoveled by the markets to keep the suckers from jumping the sinking ship. When that stops, the plunge will begin in earnest.

Obviously, you have never been in a situation where you needed something and did not have the money (or credit) to buy it. You will. Be patient.

Oil is NOT a necessity. It is a luxury. humans lived without it for thousands of years and will again, IF they are lucky enough to get past the coming extinction bottleneck.

THAT is reality, fact, logic, not guessing like most of the bullshit prognostications you read.

You give the “deep state” too much credit. They have ZERO control of the IMPORTANT coming events. They will die along with you and I. Mother Nature doesn’t give a damn about wealth or power, except her power. Climate Change is real and it is changing faster and faster every day.

BTW: Did you even consider that maybe the “deep state” wants the U$ to be taken down? What I call “The Great Leveling”? After all, there cannot be a world government until ALL countries are at the same poverty level. Think about that.

makati1 on Fri, 18th Nov 2016 5:14 pm 



BTW, Denial, I do not use Twitter. Have no interest in any fake social connections or the comments of stupid people who are going to find themselves alone when the internet goes down … permanently.

denial on Fri, 18th Nov 2016 8:14 pm 



I am not implying or defending the current system but the line the Markets can stay irrational longer than you can stay solvent…comes to mind…no without oil I don’t think humanity goes out on a whimper; I think it is lights out for human kind….how are you going to keep nuclear power etc…going without oil…your statement maybe true 100 years ago but not today everything too dependent…..maybe the aliens from the planet Zothar will come down and show us how to live…

onlooker on Fri, 18th Nov 2016 8:28 pm 



Mak, while I think the operative word was Oil was NOT a necessity for humans not so long ago. But it became one once our population grew to the current levels and once we converted traditional lifestyles and man made areas to ones that rely on fossil fuels to function. Also, a now widely known but huge negative is that much of the land of the world now is in a deplorable state from overuse but also from the use of these synthetic fertilizers and pesticides. So, how long would it take to revitalize this dead soil probably too long to avoid famine on a massive scale. And without pesticides how many crops would be lost to insects and pests again probably alot. So, all in all we made our bed with fossil fuels and we most of us will go down because of them and because of their absence.

makati1 on Fri, 18th Nov 2016 9:35 pm 



onlooker, “most” is the operate word in your comment. The 1/10% plan to be the ‘last man standing’. Consider that they have nuclear blast proof seed vaults. There is much land that is not polluted, yet, but soon will be if the world economy is not taken down soon.

How many refuges are stocked with 5-10 years worth of food and supplies so that survival until the soil can be restored is guaranteed? Hundreds? Thousands? More? Again, it is not you or I but the wealthy who are planing for the long term because they can afford it.

You think like a typical Westerner that has never experienced the 3rd world or any ‘inconvenience’ because you have always had money/credit for the necessities and some luxuries. I’m sure you will correct me if I am wrong, but how many consecutive meals have you missed in your life? 3? 2? 1? none? That is a common event in the 3rd world.

Davy on Sat, 19th Nov 2016 6:56 am 



Makati, you have no clue what the 3rd world is because the 3rd world is a global phenomenon and 5BIL people. You live in Manilla in the financial district not the slums. When you move into the slums then get back to me with you vast knowledge of the 3rd world. BTW I don’t eat anything on Mondays and Thursdays as a prep exercise. How many meals have you ever missed?

makati1 on Sat, 19th Nov 2016 7:52 am 



Davy, if you think the slums are outside Makati, you are dead wrong. There is a ‘shanty town’ of several dozen families beside the hospital exactly one block from where I live. I pass there a lot. The kids used to beg when I pass by, but I do not give so they stopped. It is illegal to give money to beggars here.

YOU have no idea what you are talking about because you live where slums in the city are not allowed …yet. I pass people sleeping in the street every day. Beggars, etc. I travel across the city regularly and see all of the ‘slums’. I have seen them in the country side also as I travel. I have also seen them in the cities of the U$.

Don’t tell me what I see and experience, from your little protected farm in the Ozarks. Or your bragging about what you do, with no proof. I have missed many meals. I was an active Mormon for 36+ years and was required to fast every first Sunday of the month for 2-3 meals and donate the money saved to the church welfare fund. Over those years, that is a lot of meals. Maybe 3,000 to 4,000 meals. Again you assume.

Davy on Sat, 19th Nov 2016 8:20 am 



Screw you Makati, I live in the heart of the Ozarks where many poor people live uneducated and difficult lives. There are plenty of normal people with little money that live good lives and you cut down these people on a daily basis. You are always talking about your stupid “club Med” Philippines then try to boast about how you live in the poor 3rd world. You are a show off and a braggart and when you come on and preach your sick agenda you make me want to vomit!

Big Tex on Thu, 11th May 2017 9:13 am 



I believe the theory of “peak oil” is a crock to keep prices high. There is so much greed in that industry. I look forward to seeing that industry die off.

GregT on Thu, 11th May 2017 11:38 am 



“I believe the theory of “peak oil” is a crock to keep prices high.”

Peak oil is not a theory, it is an observation.

“I look forward to seeing that industry die off.”

Be very careful what you look forward to. You aren’t going to like it.

Cloggie on Thu, 11th May 2017 12:03 pm 



I believe the theory of “peak oil” is a crock to keep prices high. There is so much greed in that industry. I look forward to seeing that industry die off.

Peak oil can be logically deduced. Let me give you an example. The university in my town had three major student associations:

1. Demos for leftists
2. Corps for right-wingers
3. SSRE for Christians

http://www.compositum.nl/?page_id=11
(The all still exist, oh the nostalgia)

They were very different, made different jokes, etc. But they had one thing in common: when they organized a party they invariably did that with a (full) beer vessel. And sooner than later that vessel was empty and then the party was over and the lights went on.

It is not different with peak oil. At some point the barrel is empty and next the party if over. The only difference with the student parties refereed to above is that in the case of peak oil the light go out.

So far the story as promoted by Richard Heinberg. And now it turns out that the peak (conventional) oil story was true and irrelevant at the same time.

Because there is a new beer on the market with the pleasant property that it renews it self ad infinitum. With the consequence that the usual student cheer ad fundum now begins to ring hollow. Or full rather (I’m working myself into trouble with my metaphors).

So I think you will live to see the day that the oil industry will die off, without much happening.

Oil industry 2050 – ship passing in the night.

GregT on Thu, 11th May 2017 12:18 pm 



“Because there is a new beer on the market with the pleasant property that it renews it self ad infinitum.”

Problem solved. Party like there’s no tomorrow.

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Antius on Fri, 26th Jan 2018 9:16 am 



If Peak Oil were not real and supplies were endlessly abundant, no-one would bother trying to extract tight oil from hydraulically fractured shale.

If you had a ton of money to invest and you had a choice between wells with decline rate of 5% and another set with decline rate 60%, which would you choose? Would you ever choose the second, if there were an abundant opportunity for the first? Of course not. The tightening of oil has been going on since the 70s when offshore North Sea production started to come online. Who would have invested in that if there were conventional land-based resources that were just as abundant?

The whole endless oil growth fallacy is just plain silly.

Boat on Fri, 26th Jan 2018 10:44 am 



AntiUS,

Who is it that says that endless oil growth is possible. You been hearing voices? That is why we discuss peakoil. The point where consumption/production peaks. 2030?