[theluckycountry]

$this->bbcode_second_pass_quote('ROCKMAN', 'N')ever forget why the USA is THE predominant shale formation developer in the world: ...I've seen more than one pubco drill marginal (if not outright money loosers) so they could "book" big UNDEVLOPED assets on huge acreage positions.

[Serial_Worrier]

DRILL BABY DRILL

[AdamB]

$this->bbcode_second_pass_quote('Serial_Worrier', 'D')RILL BABY DRILL

[theluckycountry]

$this->bbcode_second_pass_quote('Serial_Worrier', 'D')RILL BABY DRILL

[AdamB]

$this->bbcode_second_pass_quote('theluckycountry', '')$this->bbcode_second_pass_quote('Serial_Worrier', 'D')RILL BABY DRILL

[theluckycountry]

$this->bbcode_second_pass_quote('AdamB', 'C')an you tell my politics by looking at my picture

[AdamB]

$this->bbcode_second_pass_quote('theluckycountry', '
')

[AdamB]

$this->bbcode_second_pass_quote('theluckycountry', '
')

[theluckycountry]

Are we discussing oil production adam, or just more vomit on your keyboard

Finding data on "conventional crude oil production" is getting near impossible now. Google filters out all but 2 pages and they are worthless. Also government agencies like the eia have flooded the search results and they have actually obfuscated the truth by redefining Unconventional as being Conventional. I kid you not

The Lies are endless now.
$this->bbcode_second_pass_quote('', 'O')ver the last decade technology-driven developments, primarily in the United States, have put, in our opinion, shale gas and tight oil into the conventional category, so they are also included.

[theluckycountry]

An example of a nation with conventional reserves:

$this->bbcode_second_pass_quote('', 'A')pril 2024
Last week, Russia’s Finance Ministry released its preliminary report on the federal budget indicators for the first quarter of 2024, revealing results that surpassed expectations. Government earnings are soaring above last year’s figures, a surprisingly positive outcome partially attributed to high oil prices and increased consumer spending. With more money in its coffers and the war in Ukraine still raging on, the Russian government is only increasing its spending.

[AdamB]

$this->bbcode_second_pass_quote('theluckycountry', 'A')re we discussing oil production adam, or just more vomit on your keyboard

[yellowcanoe]

I remember the claim that conventional crude oil production peaked in 2005. Here we are almost 20 years later and there is no shortage of oil, indeed Saudi Arabia isn't producing as much oil as they could to try to keep the price of oil higher. Your car doesn't care if the fuel was refined from unconventional oil

[AdamB]

$this->bbcode_second_pass_quote('yellowcanoe', 'I') remember the claim that conventional crude oil production peaked in 2005.

[theluckycountry]

$this->bbcode_second_pass_quote('yellowcanoe', 'I') remember the claim that conventional crude oil production peaked in 2005. Here we are almost 20 years later and there is no shortage of oil

[theluckycountry]

You can paper over a lot of this by borrowing from the future and stealing someone else's access to oil today, but that only lasts so long. No nation every resolved such debts, they simply go bankrupt in a fashion, default, and fade into poverty.

A year out of date but you get the picture, 3/4 of the massive US debt is held by or liable to, the citizens of the US. I doubt they even realize this.

[AdamB]

$this->bbcode_second_pass_quote('theluckycountry', '
')Hubbert was dead on target and we are seeing exactly what he predicted.

[theluckycountry]

'Planet Boulder' brought down to earth by worsening problems with homelessness
$this->bbcode_second_pass_quote('', '
')There’s a classic saying that the City of Boulder is 25 square miles surrounded by reality. After years spent on the ever-intensifying frontlines of homelessness, Jen Livovich has a saying of her own. “Reality has come to Boulder.”
The Safe and Managed Spaces team cleared out more than 2,500 encampments and 814 tons of debris from Boulder Creek in three years but there are still dozens of camps dotting the trails there.

[AdamB]

$this->bbcode_second_pass_quote('theluckycountry', '
')So you can't even walk the trails without stumbling over homeless camps, and they aren't the imigrants, they are the degenerate white stock, The immigrants live in nice hotels.

[theluckycountry]

Could Copper Be the Next Oil?
Copper vs. Oil Demand (1970-2040)
https://www.visualcapitalist.com/charte ... 1970-2040/

A good article on the growth of copper demand. The growth "rate" exceeded that of oil in the early 1980's and took a steep turn upward (see chart) in the mid 1990's. Technology: computers, then cell phones, and all their associated infrastructure, even cars (modern conventional) which now use 15~20kg of copper, drove this higher demand. That's a hell of a lot of copper in one car, but modern cars are riddled with all manner of electronics aren't they. EV's naturally use an order of magnitude more copper. And don't assume all this copper is recycled, because it isn't. It's too labor intensive to extract in many cases and simply goes back into the recycled steel melt, contaminating the brew and making each generation of recycled steel more and more unfit for structural uses.

Abstract Copper and tin, as tramp elements in the steel scrap, cause some harmful effects, such as hot shortness caused by a loss of ductility and surface defects. It is also difficult to maintain the quality of the product because the amount of the residual constituents in steel scrap is not consistent. https://www.chemistryviews.org/details/ ... Recycling/

Now laying aside the obvious connection between copper production and Diesel usage (conventional Oil), just ask yourself why the concerted global government push for EV in the first place? Back in the 2000's before the financial crash, when PeakOil was discussed widely, it was assumed that government's needed to do something to mitigate the impending peak and decline of oil production. Because as far as everyone was concerned they weren't. This is understandable when you consider how governments run and the (lack) of real power they have to make big changes. I believed there was a plan in the wings, but at a higher level of oversight, one the instigators didn't want made general knowledge so that the markets wouldn't be spooked. Even today that's considered a conspiracy theory isn't it. But is it really that much or a stretch of the imagination? We're talking about elite planners influencing the OECD, the World bank, people that operate outside the laws of nations, like the BIS that is housed in Switzerland but is an enclave of it's own negotiated by treaty, like a foreign embassy. The Davos meetings, the Bilderberg meetings, there are many and these are just the public ones, what's discussed behind the scenes? Whose idea was it to lower interest rates "globally" after the GFC? Whose idea was it to implement subsidies for EVs worldwide and the total Global lockdown response to Covid? You don't get that level of cooperation between governments, ever! No, it's clear there is a group or groups behind the scenes with inordinate power that can agree on important issues and get the job done. Not necessarily for our benefit, but certainly for the stability of the major nations and the ongoing profits of the elite classes.

As far as oil depletion goes the EV was basically that plan, and with it rebuildable wind and solar too. A plan doomed to failure of course but one that took the pressure off governments and higher ups. All they had to do was Green light the technology and it looked like they were taking action. But nothing changed, oil consumption kept increasing as did electricity consumption. Whatever extra wind and solar have added to the World's grids has been more than negated by the explosion of air conditioner usage, bitcoin transacting, EV charging and now A.I. In other words it's been squandered. And more than that, they and all the other new tech has only added to the demand for copper. A mineral which doesn't row on trees and would make things like the EV and other electric-tech more and more expensive as time passed and mines depleted. Decades, think decades! Not next year, not by 2030.

Now it's not a case of "we're running out of oil what are you going to do!"
It's a case of "You can buy an EV, what's wrong with you"

It doesn't matter that the EV was a failed product, too expensive for the average "consumer". It threw the ball into the consumers court, just like the mass distribution of recycling bins that were designed to save the Planet for waste and pollution, if only the consumers did their part. How well did that work? The crunch with Copper will come sooner rather than later now and the folks writing the Limits To Growth will no doubt have already incorporated this in their latest update. But either way, once the oil goes, so does the Diesel and so goes mining in general. When we get close to that point these hopium cover stories and facades will no longer be needed.

[theluckycountry]

$this->bbcode_second_pass_quote('', 'T')he Socio-Economic Rights and Accountability Project has called on the Executive Officer of the Nigerian National Petroleum Company Limited, Mele Kyari, to explain the disappearance of over $2.5 billion earmarked for refinery rehabilitation and oil revenues.