http://www.eia.gov/todayinenergy/detail.cfm?id=21552
PeakOil is You
Peak Oil Price
Re: Peak Oil Price
by Pops » Fri 13 Nov 2015, 13:18:19
here is [a partial] breakdown [US only] of totally bogus made up storage amounts [not including tankers]
http://www.eia.gov/todayinenergy/detail.cfm?id=21552
http://www.eia.gov/todayinenergy/detail.cfm?id=21552
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Re: Peak Oil Price
by Pops » Fri 13 Nov 2015, 13:50:51
IEA stocks
https://www.iea.org/oilmarketreport/omrpublic/
ETA:
what makes you say these numbers are bogus?
...that they don't line up with your knee-jerk opinion doesn't count...
even if they are bogus they are still way above the previous 5 year average bogus range.
https://www.iea.org/oilmarketreport/omrpublic/
ETA:
what makes you say these numbers are bogus?
...that they don't line up with your knee-jerk opinion doesn't count...
even if they are bogus they are still way above the previous 5 year average bogus range.
The legitimate object of government, is to do for a community of people, whatever they need to have done, but can not do, at all, or can not, so well do, for themselves -- in their separate, and individual capacities.
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-- Abraham Lincoln, Fragment on Government (July 1, 1854)
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Re: Peak Oil Price
by ROCKMAN » Fri 13 Nov 2015, 14:36:10
pstarr - You have to watch their wording carefully. Maybe the Saudis do have the bulk of the excess capacity...let's say 90%. But 90% of what: 10 mm bopd...2 mm bopd. Or today, given their recent production increases: is it 90% of 1mm bopd...or less? Having the majority of anything doesn't necessarily mean you have a lot of "it": I just means you have a lot more than anyone else.
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Re: Peak Oil Price
by Pops » Fri 13 Nov 2015, 14:45:54
$this->bbcode_second_pass_quote('pstarr', 'I') guess I just want to believe what my lying eyes tell me.
cherry picking is when you choose only the facts that support your opinion
what do call it when your opinion decide what is fact? is that delusion or?
Really, your opinion needs no facts to back it up, why go to the trouble of arguing facts, figures, whatever, if the best info available doesn't matter anyway?
LoL
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Re: Peak Oil Price
by Pops » Fri 13 Nov 2015, 15:02:53
would it matter to you if I told you?
gave a dozen links?
no it wouldn't
gave a dozen links?
no it wouldn't
The legitimate object of government, is to do for a community of people, whatever they need to have done, but can not do, at all, or can not, so well do, for themselves -- in their separate, and individual capacities.
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Re: Peak Oil Price
by ennui2 » Fri 13 Nov 2015, 15:28:35
$this->bbcode_second_pass_quote('Pops', '
')what makes you say these numbers are bogus?...that they don't line up with your knee-jerk opinion doesn't count...
')what makes you say these numbers are bogus?...that they don't line up with your knee-jerk opinion doesn't count...
See, Pstarr? I'm not the only one accusing you of being a prisoner to your biases. I'm just the only one you tell to "fuck off" in response.
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Re: Peak Oil Price
by Pops » Fri 13 Nov 2015, 15:52:26
$this->bbcode_second_pass_quote('pstarr', 'I') asked Pops, how and why the Saudi's were holding back production. And I just asked Pops, how and why and where the Saudi's are flooding the market to keep prices down? And he pointed to IEA, saying it should be obvious. They have over-capacity. But how is over-capacity measured? Well it seems that over-capacity is measured by falling oil prices. So the Saudi's are under-producing because oil prices have fallen. Around and around. Call me confused.
you mistook stockpiles for spare capacity
spare capacity is production quickly available above the current rate of production - but still in the ground
commercial stocks ("stockpile") is oil in a tank, pipeline, cavern, or some other facility awaiting refinement or delivery
The saudis aren't flooding the market, the US is.
all the saudis did was NOT reduce production this time like everyone expected them to do to support the price.
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Re: Peak Oil Price
by Subjectivist » Fri 13 Nov 2015, 16:02:36
If they have to shut down the Alaska pipeline for a long period due to low flow rates how much oil sitting in the pipe will have to be drained? How do they go about draining a hundreds of miles long pipe when shutting it down?
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Re: Peak Oil Price
by Pops » Fri 13 Nov 2015, 17:08:02
that's a good question.
I know there is a thing called a "hog" that is like a moving plug. they use one when they change types of fluid, another kind somehow inspects the pipe thickness to find corrosion. Maybe they have one that can push fluid along to empty the pipe?
I know there is a thing called a "hog" that is like a moving plug. they use one when they change types of fluid, another kind somehow inspects the pipe thickness to find corrosion. Maybe they have one that can push fluid along to empty the pipe?
The legitimate object of government, is to do for a community of people, whatever they need to have done, but can not do, at all, or can not, so well do, for themselves -- in their separate, and individual capacities.
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Re: Peak Oil Price
by Tanada » Fri 13 Nov 2015, 17:33:56
$this->bbcode_second_pass_quote('Pops', 't')hat's a good question.
I know there is a thing called a "hog" that is like a moving plug. they use one when they change types of fluid, another kind somehow inspects the pipe thickness to find corrosion. Maybe they have one that can push fluid along to empty the pipe?
I know there is a thing called a "hog" that is like a moving plug. they use one when they change types of fluid, another kind somehow inspects the pipe thickness to find corrosion. Maybe they have one that can push fluid along to empty the pipe?
According to Wikipedia, https://en.wikipedia.org/wiki/Trans-Ala ... al_details
The pipe is 48 inches wide and 800 miles long with a 2 MM/bbl/day capacity and it takes 11.9 days for oil entering the north end to exit the south end. To me that would be 2 MM/bbl times 11.9 days or a total volume of 23.8 Million/bbl just filling up the pipe itself. If that is accurate you would need a heck of a lot of tank capacity to drain the whole thing, unless you could just let that pig you mention do the whole transit over an 11 day period and fill up tankers waiting in Valdez as it emptied out. The old Exxon Valdez size crude carriers hold 1.2 Million bbl so you would need about 20 ships to hold all the oil drained out of the pipe.
http://people.wku.edu/jan.garrett/321valdz.htm
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The way I understand it if the input falls under around 500,000/bbl/day they will have to drain the pipe because the oil will cool too much during that 800 miles trip and parts of it will 'freeze' to the inner walls of the pipe building up until they plug the pipe.