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'Plundered Petroleum?'

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General interest discussions, not necessarily related to depletion.

Re: 4.7 Trillion barrels left !

Unread postby Geko45 » Sat 16 Sep 2006, 18:43:22

$this->bbcode_second_pass_quote('TommyJefferson', 'W')e keep finding more oil than we are consuming on this earth. As usual the "Chicken Little" crowd is "wrong."


[Edited when I realized that you were not the originator of that remark.]

Yes, proven reserves are high, but it's not true that we contiually find more than we use. Just look at the trend in discoveries.
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Re: 4.7 Trillion barrels left !

Unread postby clueless » Sat 16 Sep 2006, 20:24:02

$this->bbcode_second_pass_quote('pstarr', 'T')his is what I wrote to foxnews:

$this->bbcode_second_pass_quote('', 'D')ear Sirs,

David Asman knows absolutely nothing about petroleum reserves and oil depletion theory. For him to compare oil shale (which has the energy content of a baked potato) and 'other sources that are much harder to get at' (deep sea, polar) is nonsence . It is like comparing fission with fusion power. Or more appropriate rubber-band with slinky power.

He confuse reserves (which are recoverable) with 'oil in place,' most of which can not and will not be extracted from the ground at any cost. He doesn't understand the size of the Jack 2 find in the GOM, the difficulty in producing and returning it to shore, and the time-frame this project will entail (many year before it hit the market).

He seems to have blind faith in technology and 'human ingenuity' when he claims that substitutions for cheap petroleum are at hand. He doesn't understand that hydrogen is only an energy carrier and not an energy source, or that ethanol fuel requires petroleum to grow crops and electricity to process into alcohol. Finally he ignores failed projects (like the reconstructino of New Orleans or Iraq) that will be considered small-time compared to the disaster impending oil depletion.

You do a disservice to your news consumers by printing this amateurish commentary. This issue is much too important.


How about Asman forgot to mention the remaining 4.7 trillion barrels will require 3.7 trillion barrels to extract...

There, Feel better guys ?

:)
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Re: 4.7 Trillion barrels left !

Unread postby Tyler_JC » Sat 16 Sep 2006, 23:36:41

$this->bbcode_second_pass_quote('KenSolar_com', '')$this->bbcode_second_pass_quote('Tyler_JC', '.').Fox has just admitted that we have reached the end of cheap oil...


Do you have a hyperlink or maybe even a google video link you can send me on that? If Fox is actually admitting that, we all need to link to that article..

tx,
-ken


If most of the world's remaining oil is expensive to extract and we have used up most of the world's cheap oil...we have reached the end of cheap oil.

It's not a direct quote, but I think we can use a little inductive reasoning here.
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Re: 4.7 Trillion barrels left !

Unread postby mekrob » Sat 16 Sep 2006, 23:52:31

$this->bbcode_second_pass_quote('', 'I') wonder if God laughs or cries about the fact that his most "ardent" supporters are so painfully stupid.


I love this quote. Would you mind, mjdlight, if I used it for my sig?

$this->bbcode_second_pass_quote('', 'O')il is found in sediment basins, so it does indicate some evidence of a previous presnce of water.


There is water beneath the oil which acts as an upward force upon the oil, driving or helping to drive the oil out of the reservoir. With or without injection H2O into the field, you'll produce water.
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Re: 4.7 Trillion barrels left !

Unread postby Concerned » Sun 17 Sep 2006, 06:27:22

$this->bbcode_second_pass_quote('Windmills', 'O')nly 4.7 trillion? Aren't there hydrocarbons on other planets? What about the gas giants and Venus? Surely we should include those in our reserves. I can only guess at what the numbers would be like then. Fifty trillion? Quadrillions?


LOL you have successfully passed the test. You are now an economist. If you can push the buttons on a printing press you can now run the federal reserve :lol:
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Re: 4.7 Trillion barrels left !

Unread postby mjdlight » Sun 17 Sep 2006, 19:56:23

$this->bbcode_second_pass_quote('mekrob', '')$this->bbcode_second_pass_quote('', 'I') wonder if God laughs or cries about the fact that his most "ardent" supporters are so painfully stupid.


I love this quote. Would you mind, mjdlight, if I used it for my sig?


Well thanks Mekrob...sure, its all yours!
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Re: 4.7 Trillion barrels left !

Unread postby clueless » Sun 17 Sep 2006, 22:09:06

$this->bbcode_second_pass_quote('', 'I') wonder if God laughs or cries about the fact that his most "ardent" supporters are so painfully stupid.


Actually God refers t his people as "Sheep" which are not the brightest of all animals so, so I don't think he is at all surprised or dissapointed.

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Re: 4.7 Trillion barrels left !

Unread postby Geko45 » Sun 17 Sep 2006, 22:25:00

You know, I understand the frustration with mainstream Christianity, but is it really necessary to bash people's faith, a faith that I share (and I am PO aware)?
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Re: 4.7 Trillion barrels left !

Unread postby rogerhb » Sun 17 Sep 2006, 22:30:08

$this->bbcode_second_pass_quote('clueless', 'A')ctually God refers t his people as "Sheep" which are not the brightest of all animals so, so I don't think he is at all surprised or dissapointed.


The Lord is my Shepherd who is looking forward to some mutton, and, even now, is going into the garden to find some mint forwhich to make a tasty sauce.
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Re: 4.7 Trillion barrels left !

Unread postby Mechler » Sun 17 Sep 2006, 22:44:20

$this->bbcode_second_pass_quote('TommyJefferson', '&')gt; "What part of 'peak oil' is so hard to understand?"

It's not a matter of understanding. People don't want to accept the implications.

I mentioned Peak Oil to the lunatics here:

http://www.baptistboard.com/forumdisplay.php?f=10

They are having none of it!

:edit to fix mistake.


Another gem from the baptistboard forum:

$this->bbcode_second_pass_quote('', 'B')lack Gold Stranglehold...
Good book addressing this very question... And it makes far more sense than decomposing oily dino's.


:lol: :lol: :lol:
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Re: 4.7 Trillion barrels left !

Unread postby gego » Sun 17 Sep 2006, 22:53:10

$this->bbcode_second_pass_quote('clueless', '
')
How about Asman forgot to mention the remaining 4.7 trillion barrels will require 3.7 trillion barrels to extract...

There, Feel better guys ?


A "profit" of 1 trillion barrels on the 3.7 trillion barrels spent to extract it would yield a return of 27%. The oil we use now I think costs 1 barrel for every 3 returned, so the current rate of return is 200%. I further understand that over the life of modern oil extraction the return has been continuoisly falling from something closer to 900% at the beginning when oil was so easy to find. This trend in declining return is well established, so if you expect that the average rate of return for the remaining oil will only be 27%, in the near future it will be closer to the current 200%, but at the end it will be way below the average 27% to create that average to which clueless referrs.

In other words things will just get worse and worse with the progression of time as far as the benefit of oil to humanity is concerned.
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Re: 4.7 Trillion barrels left !

Unread postby rogerhb » Sun 17 Sep 2006, 22:58:03

$this->bbcode_second_pass_quote('Geko45', 'i')s it really necessary to bash people's faith?


Ask the Pope.
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Re: 4.7 Trillion barrels left !

Unread postby Geko45 » Sun 17 Sep 2006, 23:02:49

$this->bbcode_second_pass_quote('rogerhb', 'A')sk the Pope.

The Pope and I aren't on speaking terms.
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Re: 4.7 Trillion barrels left !

Unread postby rogerhb » Sun 17 Sep 2006, 23:04:01

$this->bbcode_second_pass_quote('Geko45', '')$this->bbcode_second_pass_quote('rogerhb', 'A')sk the Pope.

The Pope and I aren't on speaking terms.


He has offended you as well?
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Re: 4.7 Trillion barrels left !

Unread postby Geko45 » Sun 17 Sep 2006, 23:11:32

$this->bbcode_second_pass_quote('rogerhb', 'H')e has offended you as well?

Not wanting to resort to the very thing I was ranting about, let's just say the Pope and I disagree on a great many things.
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Re: 4.7 Trillion barrels left !

Unread postby rogerhb » Sun 17 Sep 2006, 23:14:51

$this->bbcode_second_pass_quote('Geko45', 'l')et's just say the Pope and I disagree on a great many things.


:-D
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Re: 4.7 Trillion barrels left !

Unread postby mjdlight » Sun 17 Sep 2006, 23:49:54

$this->bbcode_second_pass_quote('Geko45', 'Y')ou know, I understand the frustration with mainstream Christianity, but is it really necessary to bash people's faith, a faith that I share (and I am PO aware)?


It was their stupidity I was bashing. If that had been a Buddhist message board instead of a Baptist message board, the critique still would have applied.

However, let's face facts: Christians are a far larger, more vocal, and more politically significant group in the US than Buddhists.

Therefore (and especially in light of the decision of many Christians to take a more active role in politics) they are fair game, and therefore should be prepared to accept attacks, just like any politically involved group in the US should.

Just because they use religion as their organizing principle doesn't give them a free pass by any means.

For the record, I find Jesus Christ to be an interesting and divisive person, and its my belief that what he said and stood for has been greatly distorted by the many churches that preach in his name.

It is my belief that if Christ came back tomorrow, some of the first people looking to nail him to another cross would be the most extreme of the evangelical Christians. I see much of the Pharisees in them.
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Re: 4.7 Trillion barrels left !

Unread postby clueless » Mon 18 Sep 2006, 11:56:07

$this->bbcode_second_pass_quote('', 'I')t is my belief that if Christ came back tomorrow, some of the first people looking to nail him to another cross would be the most extreme of the evangelical Christians. I see much of the Pharisees in them.


I'm a born again Christian and have to say I fully agree.

Joh 1:10-12 He was in the world, and the world was made by him, and the world knew him not. (11) He came unto his own, and his own received him not. (12) But as many as received him, to them gave he power to become the sons of God, even to them that believe on his name:
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