[AdamB]

$this->bbcode_second_pass_quote('coffeeguyzz', '
')Whatever the future brings, I believe the concerns surrounding oil scarcity will prove to be grossly unfounded.

[Yoshua]

Non Opec's Free Cash Flow vs. CapEx

Non OPEC is EROEI negative?

https://pbs.twimg.com/media/D6h8d5oX4AE ... name=small

[AdamB]

$this->bbcode_second_pass_quote('Yoshua', 'N')on Opec's Free Cash Flow vs. CapEx

Non OPEC is EROEI negative?

https://pbs.twimg.com/media/D6h8d5oX4AE ... name=small

[Yoshua]

Petroleum production can have a negative EROEI if the energy is provided from other energy sources.

If the energy mix has a positive EROEI, then it can provide the energy needed to produce petroleum...even if the energy input is higher that the energy received.

[AdamB]

$this->bbcode_second_pass_quote('Yoshua', 'P')etroleum production can have a negative EROEI if the energy is provided from other energy sources.

[asg70]

$this->bbcode_second_pass_quote('Tanada', '
')By those standards anyone who speaks with an accent

[eclipse]

Well, that was fun. But yeah, nuclear has a high enough EROEI that it alone could run society and have plenty of energy left over to 'loan' to whatever scale e-diesel, blue-crude or synfuel industry you want. Diesel for trucking? Jet fuel for airlines? Yup. Got you covered. Just build enough nukes. tps://eclipsenow.wordpress.com/recharge/

[asg70]

$this->bbcode_second_pass_quote('eclipse', 'W')ell, that was fun. But yeah, nuclear has a high enough EROEI that it alone could run society and have plenty of energy left over to 'loan' to whatever scale e-diesel, blue-crude or synfuel industry you want. Diesel for trucking? Jet fuel for airlines? Yup. Got you covered. Just build enough nukes. tps://eclipsenow.wordpress.com/recharge/

[shortonoil]

$this->bbcode_second_pass_quote('', 'G')ot you covered. Just build enough nukes.

[Tanada]

$this->bbcode_second_pass_quote('shortonoil', '')$this->bbcode_second_pass_quote('', 'G')ot you covered. Just build enough nukes.

[Baduila]

Tanada,

you are the SITE ADMIN.
A good SITE ADMIN has two tasks:
-Neutrality
-Suppression of insults and rowdiness

You don't do both of them. Instead you comment thermodynamic models without understanding a tiny bit of them. You don't have the faintest idea about the science, which is valid for energy transformations from one form to the other.

If you don't know: Scientific models are invalidated by reality, not by likings.
And the reality is still following the oil price extrapolation of the ETP model.

oil_price_190515.png

[Tanada]

$this->bbcode_second_pass_quote('Baduila', 'T')anada,

you are the SITE ADMIN.
A good SITE ADMIN has two tasks:
-Neutrality
-Suppression of insults and rowdiness

You don't do both of them. Instead you comment thermodynamic models without understanding a tiny bit of them. You don't have the faintest idea about the science, which is valid for energy transformations from one form to the other.

If you don't know: Scientific models are invalidated by reality, not by likings.
And the reality is still following the oil price extrapolation of the ETP model.

[coffeeguyzz]

If there are any remaining visitors to this site who are still interested in 'real world' hydrocarbon events such as actual, current production numbers, today's releases from North Dakota and Pennsylvania for March will prove informative.

North Dakota - aka the Bakken - had March output of 1,390, 000+ barrels per day ... just a touch under January's record 1.404 million.
Gas was a record 2.8 Bcfd.
Going forward, record output is expected with a possible restrictive effect of poor springtime road conditions.

Pennsylvania produced an astounding 554 billion cubic feet per day ... annualized rate of over 7 trillion cubic feet per year.
This is close to the record.
Better weather and added pipelines ensure new record production going forward.

Both Ohio and, now, West Virginia will post first quarter 2019 results shortly.
The expansive development of both the Utica and also Marcellus in Ohio is picking up momentum due to new players and infrastructure buildout.

The vast, VAST amounts of hydrocarbons being unleashed from the US is now - and for the foreseeable future - upending global dynamics in myriad and profound ways.

[eclipse]

"The vast, VAST amounts of hydrocarbons being unleashed from the US is now - and for the foreseeable future - upending global dynamics in myriad and profound ways."
And from a climate POV America shouldn't be doing any of it.

[AdamB]

$this->bbcode_second_pass_quote('Baduila', 'T')anada,

you are the SITE ADMIN.
A good SITE ADMIN has two tasks:
-Neutrality
-Suppression of insults and rowdiness

You don't do both of them. Instead you comment thermodynamic models without understanding a tiny bit of them.

[AdamB]

$this->bbcode_second_pass_quote('eclipse', '&')quot;The vast, VAST amounts of hydrocarbons being unleashed from the US is now - and for the foreseeable future - upending global dynamics in myriad and profound ways."
And from a climate POV America shouldn't be doing any of it.

[eclipse]

$this->bbcode_second_pass_quote('AdamB', 'I')'ll bet they'll admit that it just doesn't have the kick of fuel running out next week and handing them the outcome they have been wishing for all these years though.

[Yoshua]

There Is only now...in constant movement.

[Baduila]

@ Adam

If i understand you correct, you know thermodynamics and have checked shortys derivation of the ETP Formula. So you own the book of Moran/Shapiro "Fundamentals of Engineering Thermodynamics", and you have seen the steady state entropy rate balance in chapter 6. The next equation follows directly out of the steady state entropy rate balance.

non_sequitur2.png

What do you think of this equation (from page 8 of shortys paper):
Is a minus sign missing ? What is the effect if the sign is missing ?

[AdamB]

$this->bbcode_second_pass_quote('Baduila', '@') Adam

If i understand you correct, you know thermodynamics and have checked shortys derivation of the ETP Formula.