[vtsnowedin]

$this->bbcode_second_pass_quote('shortonoil', '')$this->bbcode_second_pass_quote('', 'W')ho might the RCT be?

[asg70]

$this->bbcode_second_pass_quote('pstarr', '
')You have not done so, you have not questioned the assumptions or the methods . . . only the conclusions . . . because the conclusions confuse and anger you. So sad Sorry for you lol

[shortonoil]

$this->bbcode_second_pass_quote('', 'A')fter you have it boiling what other BTUs are required? The answer is not much.

[Tanada]

IOW you make up the numbers the way you want to get the answer you seek. This is the great failing of most EROEI based studies, you get to pick how much you 'charge' at every step and just keep adding steps if the number is not where you want it to be.

[Cog]

Shorty is getting desperate because the price of oil is not collapsing as his little model has predicted. Onlooker is going to lose his account at the end of 2018 because he bought into this nonsense. I almost feel sorry for him being taken in by the scam.

[rockdoc123]

$this->bbcode_second_pass_quote('', '&')quot;Some parts"

[Cog]

There is some weird thinking going on here that if a person has expertise in a field, that makes them a shill for it, willing to lie to protect it. I very much doubt that rockdoc123 or Rockman are paid extra to come here and argue the industry position on topics concerning oil . If you have evidence of that please provide it. If I were asked to comment on the in's and out's of construction surveying or inspection, I would give you my best information. My paycheck doesn't matter whether I denigrate it or support it.

You would be wise to listen to people who work in whatever field that is a topic of discussion here. They have insights that are valuable in understanding what is going on.

[marmico]

$this->bbcode_second_pass_quote('', 'W')e break it all down here:

[AdamB]

$this->bbcode_second_pass_quote('dcoyne78', 'H')i AdamB,

The cost curves are interesting, but eventually output will decrease because there won't be enough demand at the higher oil price to allow profitable extraction of the resource as higher oil prices will make alternatives more competitive.

[shortonoil]

$this->bbcode_second_pass_quote('', 'I') expect based on peer reviewed literature that a reasonable guess for oil URR is 3000 to 4000 Gb

[vtsnowedin]

$this->bbcode_second_pass_quote('shortonoil', '')$this->bbcode_second_pass_quote('', 'A')fter you have it boiling what other BTUs are required? The answer is not much.

[Outcast_Searcher]

$this->bbcode_second_pass_quote('vtsnowedin', '')$this->bbcode_second_pass_quote('shortonoil', '')$this->bbcode_second_pass_quote('', 'A')fter you have it boiling what other BTUs are required? The answer is not much.

[rockdoc123]

$this->bbcode_second_pass_quote('', 'N')o one in the world has ever estimated URR at 4000 Gb.

[GHung]

" .....kerogen shale and undiscovered recoverable volumes....
....and don't forget the fairy dust!

[asg70]

$this->bbcode_second_pass_quote('GHung', '.')...and don't forget the fairy dust!

[shortonoil]

$this->bbcode_second_pass_quote('', 'T')hat's when we can expect rapid and major goal post moving, and denials/naming calling for those who challenge him on it.

[vtsnowedin]

Everybody please take note the shortonoil has had nothing to say about this chart that proves his oft repeated charge that the oil industry is consuming +50% of the oil coming out of the ground to refine that oil is a steaming pile of $((T.
https://www.eia.gov/dnav/pet/pet_pnp_ca ... _nus_a.htm

[onlooker]

He is not saying +50 % to just refine but the entire process from well to wheel with all the associated energy/monetary expenses. As for that chart, I have repeatedly been seeing your links to EIA etc. Well guess what, they have not done the thermodynamic calculations that the Etp model has. So their conclusions and figues obviously are not going to tell the same story that Etp is. That is the whole point of what makes this Etp model valuable it goes beyond the simple accounting that the EIA and others do. So, your derogatory assertions are not swaying anybody here one way or the other.

[ROCKMAN]

"Reserves are not being replaced, and can not be replaced. Which means that the oil age is ending. An extractive industry dies when its reserves get depleted." Obviously not true. new reserves are continuously being added. Maybe just slopping wording. Now how much is being replaced is a very different proposition. And runs into believing (or not believing) the new reserves numbers being tossed out. Some seem very solid while others seem rather questionable. But given that approximate 35 billion bbls of existing reserves are being depleted that's going to take a lot of new discoveries to replace all of that production. Of course the added complication is the huge amount of proven reserves that are lost or added strictly by the changing price of oil. As far as validating those changes and newly discovered bbls is the lack of geologic details available to the public and folks like the EIA and USGS. Thus the endless arguments amongst of happy family here.

But bottom line: the industry IS constantly adding some reserves as it depletes other reserves. So no: the petroleum industry has been depleting its reserves the first day Col. Drake began producing his first well. And it hasn't died yet. Which doesn't mean it won't "die" eventually. When will that happen? Have at it: y'all are free to argue yourselves blue in the face. I have doubt either side can come up with the correct answer. LOL.

[vtsnowedin]

$this->bbcode_second_pass_quote('onlooker', 'H')e is not saying +50 % to just refine but the entire process from well to wheel with all the associated energy/monetary expenses. As for that chart, I have repeatedly been seeing your links to EIA etc. Well guess what, they have not done the thermodynamic calculations that the Etp model has. So their conclusions and figues obviously are not going to tell the same story that Etp is. That is the whole point of what makes this Etp model valuable it goes beyond the simple accounting that the EIA and others do. So, your derogatory assertions are not swaying anybody here one way or the other.