[AdamB]

$this->bbcode_second_pass_quote('pstarr', '')$this->bbcode_second_pass_quote('onlooker', 'Y')eah, I know the best he can come up with is we got our predictions wrong 10 years ago. I guess he likes to live in the past.

[KilonBerlin]

$this->bbcode_second_pass_quote('pstarr', 'T')hat's another opinion. Very fresh. Very new. Brilliant.

[aldente]

HeyKillonBerlin - wonderful -thanks for your contribution

PeakOil cannot happen since the Russian abiotic oil theory did proof to be reality.

Meaning we are not in any shortage.

Nevertheless - welcome on the most extreme math forum currently available on this world - based on Carl Gustav Gauss, a German youngster that developed a math all governments of this world as we know of source from - namely statistics -

best is to work with pictures ! Me, as picture wizard, I source from the American Google Picture search - the German equivalent is meger in comparison, maybe that is why I currently post from Los Angeles,.
Berlin is ok to my information - however- -I have not been there after the wall fell !

Does not make me old -but rather current. Tell us about your impressions from over there now - if you wish !

[ROCKMAN]

"PeakOil cannot happen since the Russian abiotic oil theory did proof to be reality." As stated many times before the Rockman, with more the 40 years of hunting hydrocarbons, fully supports the concept of abiotic oil. Unfortunately PO has nothing to do with how much oil has been generated nor how it came into existence. It also has nothing to do with how much oil may be generated as I type. PO deals with the amount of oil being produced regardless of its origin. And how much oil we produce is a function of how much we find. And we can only find oil in physical situations where oil can exist. And we've done an excellent job of identifying those areas. And the concept of abiotic oil does not increase the size of that area.

So again let me be very clear about the Rockman's position: every bbl of oil that has been generated, discovered, produced and still left in the ground has an abiotic origin. Thus whatever that rather unimportant date arrives the world will not have reached PO but will have reached PAO...Peak Abiotic Oil.

With that FACT in mind our overlord here should consider rebranding the site as "peakabioticoil.com". That way we can stop wasting time debating the f*cking origin of oil. LOL.

[ROCKMAN]

Forgot to point out what I hope should be obvious to most here: the domino effect from PO kicked in long ago. And should have been anticipated to start long before the date of global PO if one understood the POD.

[MD]

$this->bbcode_second_pass_quote('ROCKMAN', '&')quot;PeakOil cannot happen since the Russian abiotic oil theory did proof to be reality." As stated many times before the Rockman, with more the 40 years of hunting hydrocarbons, fully supports the concept of abiotic oil. Unfortunately PO has nothing to do with how much oil has been generated nor how it came into existence. It also has nothing to do with how much oil may be generated as I type. PO deals with the amount of oil being produced regardless of its origin. And how much oil we produce is a function of how much we find. And we can only find oil in physical situations where oil can exist. And we've done an excellent job of identifying those areas. And the concept of abiotic oil does not increase the size of that area.

So again let me be very clear about the Rockman's position: every bbl of oil that has been generated, discovered, produced and still left in the ground has an abiotic origin. Thus whatever that rather unimportant date arrives the world will not have reached PO but will have reached PAO...Peak Abiotic Oil.

With that FACT in mind our overlord here should consider rebranding the site as "peakabioticoil.com". That way we can stop wasting time debating the f*cking origin of oil. LOL.

[ROCKMAN]

MD - "If abiotic oil were being produced by the planet at the current rates of extraction". Apparently you haven't yet read the PO News where the auditors haved blessed the KSA reserve numbers. Given the billions of bbls of Saudi oil produced without decreasing its reserve base y-o-y proves abiotic oil is capable of quickly replacing production.

[Darian S]

$this->bbcode_second_pass_quote('ROCKMAN', 'M')D - "If abiotic oil were being produced by the planet at the current rates of extraction". Apparently you haven't yet read the PO News where the auditors haved blessed the KSA reserve numbers. Given the billions of bbls of Saudi oil produced without decreasing its reserve base y-o-y proves abiotic oil is capable of quickly replacing production.

[ROCKMAN]

D - The Rockman being sarcastic!!! How dare you, sir!!! Not a sarcastic bone in my body. But with respect to muscles I have been called a sarcastic glutimus maximus before. LOL

http://uk.mobile.reuters.com/article/bu ... KKBN15B1C5

Just search "Saudi reserve audit" and you'll find mucho stories.

[peakoilwhen]

rockman, why do you support the offshot idea that oil is abiotic?
Just because there's more oil in the ground than we were told 10 years ago? Oil companies are always going to publish underestimates of their reserves, if they told the world they had trillions of barrels left it would drop the market value of oil. There in an oil cartel for a reason, to keep the value high.
So Saudi Arabia now are letting on that they have more than they admitted 10 years ago, and same for a few other oil companies. No one should be surprised.

Have you any other evidence?

[aldente]

$this->bbcode_second_pass_quote('', 'P')O has nothing to do with how much oil has been generated nor how it came into existence.

[ROCKMAN]

"What is the point of a Peak Oil forum then?" The point is to discuss the socioeconomic impact of the future physical limitation of the amount of oil supplied daily to the global economy.

And that has nothing to do with "how much oil has been generated nor how it came into existence." Which is why the Rockman teases about believing all oil is abiotic: it has no relevance to the peak oil dynamic just as the actual date of global PO is of little important.

[AdamB]

$this->bbcode_second_pass_quote('peakoilwhen', 'r')ockman, why do you support the offshot idea that oil is abiotic?
Just because there's more oil in the ground than we were told 10 years ago?

[AdamB]

$this->bbcode_second_pass_quote('aldente', '')$this->bbcode_second_pass_quote('', 'P')O has nothing to do with how much oil has been generated nor how it came into existence.

[sparky]

.
Peak oil as a subject is underlying some societal issues ,
the extraction of hydrocarbon is a small technical concern ,its timeline is an open guesswork
the consequences would change the very existence of a growing evolving society
it would have to mutate , either sideway or backward .

Since a few years the tank farms are full ,as a topic , Peak Oil come to the fore when there is a supply crisis .

[ROCKMAN]

POW - "Oil companies are always going to publish underestimates of their reserves." Obviously spoken by someone who hasn't got fat ass bonuses (like the Rockman) for convincing 3rd party auditors a company had more proven reserves then they actually did. Nor someone who was fired (as the Rockman has seen numerous times in the last 40 years) for not getting enough new reserves booked.

As I explained many times before I once drilled 4 horizontal wells offshore that management KNEW would never be profitable. But it was done to increase daily production and give the APPEARANCE of more reserves being in the field then there were. But the goal was met: it bumped the stock of this pubcos from $0.75 to $3.50 per share. A got the Rockman a $60k bonus.

And that was almost 25 years ago when $60k was a lot of money. LOL.

[AdamB]

$this->bbcode_second_pass_quote('Darian S', '')$this->bbcode_second_pass_quote('ROCKMAN', 'M')D - "If abiotic oil were being produced by the planet at the current rates of extraction". Apparently you haven't yet read the PO News where the auditors haved blessed the KSA reserve numbers. Given the billions of bbls of Saudi oil produced without decreasing its reserve base y-o-y proves abiotic oil is capable of quickly replacing production.

[ramamramam]

I agree with the fourth comment about that ....

[ROCKMAN]

Speaking of dominos here's one more small block China has set onto the long term game board. A cheaper and more secure method of capturing future ME oil production:

Reuters - Nearly a decade in the making, a project to pump oil 500 miles across Myanmar to southwest China is set for imminent start-up, with a supertanker nearing the port of Kyauk Phyu, marking the opening of a new oil trading route.

Dogged by sensitive relations between Naypyitaw and Beijing, the $1.5 billion oil pipeline has been sitting empty for two years, but the two sides are now close to a deal. An agreement between China's PetroChina and Myanmar's government will allow the state energy giant to import overseas oil via the Bay of Bengal and pump it through the pipeline to supply a new 260,000 bopd refinery in landlocked Yunnan province.

The new oil gateway fits with China's "One Belt, One Road" ambitions, linking it with central Asia and Europe, and will provide a more direct alternative route to sending Middle Eastern oil via the crowded Malacca Straits and Singapore.

[AdamB]

$this->bbcode_second_pass_quote('MonteQuest', 'I')n a post-peak world, we know things are going to change and change dramatically.