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THE F.William Engdahl Thread (merged)

Discussions about the economic and financial ramifications of PEAK OIL

Re: Confessions of an “ex” Peak Oil Believer - Engdahl

Unread postby threadbear » Tue 18 Sep 2007, 12:40:22

Never underestimate the power of politics underpinning science to steer opinion and theory. The current morass in the Middle East can be seen as a purely political problem, or a purely geologically driven depletion emergency problem. Both models fit. I have no set beliefs about this as I know how science works and how it can fail, as it is a human endeavor.

Here at Peak Oil forums we should be open to any new information that comes along, no matter how it may undermine our world view or our ideas rooted in conventional scientific beliefs.
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Re: Confessions of an “ex” Peak Oil Believer - Engdahl

Unread postby threadbear » Tue 18 Sep 2007, 12:50:32

$this->bbcode_second_pass_quote('Aaron', 'W')anna know why conspiracies rarely work?

Because people cheat. Somebody realizes the potential benefit of screwing his co-conspirators & the grand conspiracy falls apart.

Do some work as planned? Probably.

But it strains credibility to the limit to suggest the kind of sweeping multi-generational conspiracy stuff Engdahl spews.

Abiotic Oil is no different.


Really Aaron? Maybe it's concise and well reasoned argument that exposes and then gently taps that flaw in the dominant paradigm, from the outside and shatters it like a diamond.
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Re: Confessions of an “ex” Peak Oil Believer - Engdahl

Unread postby jbeckton » Tue 18 Sep 2007, 13:03:30

$this->bbcode_second_pass_quote('canis_lupus', 'C')arlhole - very well written, very well articulated

Aaron - very well written, very well articulated. Sometimes I like to tell some who post here to "pull my finger."

I follow along best as I can with the science but after awhile I get distracted (INTJ personality and all) but here's what I know: the price of oil has gone up roughly a ten bucks a year for the last six years.

Tell me about abiotic oil.
Tell me about biofuels.
Tell me about solar, nukes, wave, wind.
Tell me about conservation.

Argue the minutiae with each other ad nauseum.

But oil has gone up ten bucks a year for the last six years.

That's a hell of a trend. In the next three to five years it will be unaffordable to many.

That's Peak Oil. How can anyone deny that?


All I hear is bla bla bla, bal bla bla.

The more inteligent readers ask why, the less inteligent just repeat what they have heard.

Where do you fall?

Do you have anything insightful to add? Why waste both of our time with that post?
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Re: Confessions of an “ex” Peak Oil Believer - Engdahl

Unread postby jbeckton » Tue 18 Sep 2007, 14:09:18

I have been looking around and have seen some interesting articles:

$this->bbcode_second_pass_quote('', 'A')stronomers have been able to find that hydrocarbons, as oil, gas and coal are called, occur on many other planetary bodies. They are a common substance in the universe. You find it in the kind of gas clouds that made systems like our solar system. You find large quantities of hydrocarbons in them. Is it reasonable to think that our little Earth, one of the planets, contains oil and gas for reasons that are all its own and that these other bodies have it because it was built into them when they were born? That question makes a lot of sense. After all, they didn’t have dinosaurs and ferns on Jupiter to produce oil and gas.
...
Human skull fossils have been found in anthracite coal in Pennsylvania. The official theory of the development of coal will not accept that reality, since human beings were not around when anthracite coal was formed. Coal was formed millions of years ago. However, you cannot mistake the fact that these are human fossils.
...
"The coal we dig is hard, brittle stuff. It was once a liquid, because we find embedded in the middle of a six-foot seam of coal such things as a delicate wing of some animal or a leaf of a plant. They are undestroyed, absolutely preserved; with every cell in that fossil filled with exactly the same coal as all the coal on the outside. A hard, brittle coal is not going to get into each cell of a delicate leaf without destroying it. So obviously that stuff was a thin liquid at one time which gradually hardened."
...
Gold claims that the only thing we find now on the Earth that would do that is petroleum, which gradually becomes stiffer and harder. That is the only logical explanation for the origin of coal. So the fact that coal contains fossils does not prove that it is a fossil fuel; it proves exactly the opposite. Those fossils found in coal prove that coal is not made from those fossils. Where then does the carbon base come from that produces all of this?

http://www.jcrows.com/hydrocarbons.html
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Re: Confessions of an “ex” Peak Oil Believer - Engdahl

Unread postby Concerned » Tue 18 Sep 2007, 18:34:24

$this->bbcode_second_pass_quote('jbeckton', '')$this->bbcode_second_pass_quote('MacG', '
')Because if oil had been constantly produced deep in the earth, we would be literally swimming in the stuff. Remember, we have only used the stuff for some 150 years, and the world is some 5 billion years old. Oil might be of abiotic orgin, I dont know, but the rate of formation must be very, very slow in that case. Much slower than our consumption.

Nah, Aaron is far to nice to you.


Let me help you catch up to the conversation.

I do not think anyone (certainly not me) is arguing that the earth is producing oil as fast as we are using it, only that if the earth is indeed producing it, we might not be looking in the right places, or cannot look in the right places.



So all the Chevrons and Texacos are looking in the wrong places? I guess they would rather drill a dry well than a nice big gusher of renewable oil.

Where should the USA, Mexico, Norway, UK, Australia, Kuwait, Indonesia and all the other oil producers dip their straws? I mean oil just hit $82 per barrel you would think someone would be interested in extracting some of this stuff.

All the history of oil depletion including US lower 48 and current market behavior indicate a finite supply of oil in our life times. Certainly on an extended geological scale perhaps millions or hundreds of millions of years oil may be renewable, whatever the real source might be.
"Once the game is over, the king and the pawn go back in the same box."
-Italian Proverb
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Re: Confessions of an “ex” Peak Oil Believer - Engdahl

Unread postby rockdoc123 » Tue 18 Sep 2007, 18:46:00

you don't have to go to another website for the discussion it is all pretty much reiterated on this site

official abiotic oil thread at peakoil.com

And there are a number of other places it is discussed at Peakoil.com. Somewhere I've summarized the evidence for an organic source. This is not something that is under serious debate amoungst geochemist's.

I don't have a problem with folks trying to find out information, what I have a problem with is continual repeat of incorrect interpretations, misconceptions etc. that have all been pretty well explained elsewhere. How hard is it to use a search engine?

By the way, before I see it again in print, Russian petroleum geologists have never (with the exception of Gold's test hole) ever purposefully explored for "abiotic" oil. What they did do was make discoveries in weathered crystalline basement rock. They realized basement was a viable reservoir and subsequently pursued it with some success. The source rock was always accepted (with the exception of a few researchers at some of the academies) as being in sedimentary source rocks that are present adjacent those basement highs and which can be directly traced geochemically to the produced oils. Same can be said for basement reservoirs in Vietnam, Yemen, Egypt, Indonesia etc. I know, I've looked at most of them. How this suddenly became a "all Russian geologists believe" scenario is beyond me. If that were the case companies like LukOil, Yukos (god bless their souls) would be all over the world drilling up basement shield areas (where there is no adjacent sedimentary basin).....and trust me they are not.
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Re: Confessions of an “ex” Peak Oil Believer - Engdahl

Unread postby Oilbird » Wed 19 Sep 2007, 01:50:59

$this->bbcode_second_pass_quote('jbeckton', 'h')ow can we justify a conclusion that it is of finite supply?


By using simple math. As far as I am aware, the Earth is not infinite. Therefore, it follows that any subset of the Earth (e.g. oil) is also not infinite.
"For a successful technology, reality must take precedence over public relations, for Nature cannot be fooled." - Richard Feynman
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Re: Confessions of an “ex” Peak Oil Believer - Engdahl

Unread postby dorlomin » Wed 19 Sep 2007, 04:13:45

$this->bbcode_second_pass_quote('jbeckton', '')$this->bbcode_second_pass_quote('dorlomin', '')$this->bbcode_second_pass_quote('', 'T')he only problem was, it peaked not because of resource depletion in the US fields. It “peaked” because Shell, Mobil, Texaco and the other partners of Saudi Aramco were flooding the US market with dirt cheap Middle East imports, tariff free, at prices so low California and many Texas domestic producers could not compete and were forced to shut their wells in.
according to this explanation America had large amounts of oil in the early 70s but could not extract it because of cost. How does he explain the continuing post-peak fall during the energy crisis only a couple of years later? Logic one can drive a truck through.


Infrastructure of course. You can't ramp up production overnight no matter how much oil you have. Tell me, who was willing to invest in expanding the US production when OPEC could see this and then flood the market with cheap oil again. Losers once again! Of course there were no takers.
Easy the large oil companies who invested vast amounts of money on offshore oil to try to maximise production during the very period you claim that the reason for no additional investment in infrastructure was due to fear of falling prices.

So your position is that onshore oil was falling due to lack of investment not lack of oil in the ground but offshore oil was rapidly growing due to massive capital investment...... sorry I am not able to make out any sensible position you are holding for the cause of the decline in oil producition in the lower 48 states of the US in the 70s and 80s.
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Re: Confessions of an “ex” Peak Oil Believer - Engdahl

Unread postby meemoe_uk » Wed 19 Sep 2007, 06:28:53

just debunking a bit of the links the last guy posted.

$this->bbcode_second_pass_quote('', 'W')hat is the relevance of the abiotic theory in practice? The answer is "none."

It points to new places to find oil.

Bardi gives this as the argument as to why abiotic theory, if true, would still have no practical improtance...
$this->bbcode_second_pass_quote('', 'I')t would change a number of chapters of geology textbooks, but it would have no effect on the impending oil peak.

Effectively he's saying regardless of if abiotic theory is capable of sustaining world oil production at 75Mb/d for 100 years, or any other high rate, it is useless because it won't affect the 80+Mb/d of 2005. Well he's wrong, such a sustained rate would be very useful.

Next he argues against the practicality of deep drilling.
$this->bbcode_second_pass_quote('', 'd')igging is more expensive the deeper you go, and in practice it is nearly impossible to dig a commercial well deeper than the depth to which wells are drilled nowadays, that is, more than 10 km.

Commercial. If it costs you $10 per barrel to extract from well A, and only $1 from most wells, then well A is not commercial. History records, and it's also easy to see, as the cheap wells are depleted, the more expensive wells will become commercial. I recall Matt Simmons implied the maximum expense worth expending to extract a good barrel of oil was over $2000 in 2006 dollars!? Based on this, we can expect much more expensive oil wells in the futures. Just by saying it wasn't commercial to tap $100 oil anytime in history doesn't mean it won't be commercial in the future.

$this->bbcode_second_pass_quote('', 'p')etroleum geology is an empirical field which has evolved largely by trial and error.

Yes, they've learnt there's no point looking for very expensive oil when their employers are telling them to look for cheap oil.

I know very little about abiotic oil theory, it's crazy to dismiss it because it won't stop a peak in oil production. Geologists are as dogmatic as the other speculative sciences. These guys refused to accept the theory of plate tectonics. Only when there was overwhelming practical evidence did they accept it. Could be the same with abiotic oil.
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Re: Confessions of an “ex” Peak Oil Believer - Engdahl

Unread postby meemoe_uk » Wed 19 Sep 2007, 06:45:48

OK, who knows about this 'Dnieper-Donets Basin' Engdahl talks about as the fruit of abiotic theory? Is the oil in a place that defies conventional geological oil theory?
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Re: Confessions of an “ex” Peak Oil Believer - Engdahl

Unread postby Doly » Wed 19 Sep 2007, 07:44:46

$this->bbcode_second_pass_quote('jbeckton', '')$this->bbcode_second_pass_quote('Doly', '
')PO doesn't necessarily assume that there is a finite supply, it only assumes that if oil is somehow replenished, it does so at a much slower rate than we are consuming it. And I don't know of anybody who is seriously challenging that assumption.


Do you mean hundreds of thousands of years or several decades to resupply? That is the big difference.


No, it does not make a big difference. If it's replenished at any rate that is lower than we are consuming, you have peak oil exactly the same. And the fact that discoveries peaked in the sixties proves that any replenish rate is significantly lower than what we are consuming.

Let's suppose (and nobody is seriously saying that much), that we are consuming 80 million barrels a year and it gets resupplied at a rate of 8 million barrels a year. We still have a very serious problem. It's like you are spending 80,000 dollars a year when you only earn 8,000.

The only difference is that if it does get replenished, you say that at some point in the future we'll be able to start all over again. That point in the future would be way after you are dead, in any case.
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Re: Confessions of an “ex” Peak Oil Believer - Engdahl

Unread postby jbeckton » Wed 19 Sep 2007, 08:16:19

$this->bbcode_second_pass_quote('Concerned', '
')All the history of oil depletion including US lower 48 and current market behavior indicate a finite supply of oil in our life times. Certainly on an extended geological scale perhaps millions or hundreds of millions of years oil may be renewable, whatever the real source might be.


Was I unclear? The question is not if supply is finite, but what that finite amount is! Thus far, we have only searched for oil in places where our fossil scenario suggeste it will be. I do not believe that the Chevrons and the Texacos have the machinery necessary to search at the depths the Russians suggest.

Do you know if they have searched in alternative places?
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Re: Confessions of an “ex” Peak Oil Believer - Engdahl

Unread postby jbeckton » Wed 19 Sep 2007, 09:08:23

$this->bbcode_second_pass_quote('Oilbird', '')$this->bbcode_second_pass_quote('jbeckton', 'h')ow can we justify a conclusion that it is of finite supply?


By using simple math. As far as I am aware, the Earth is not infinite. Therefore, it follows that any subset of the Earth (e.g. oil) is also not infinite.


I shouldn't even justify this with a responce but your logic is flawed. If oil is indeed formed from organic remains, than it will continue to be produced in an INFINITE process.

Please refrain from useless posts, unless you were serious, in which case, you need to hit the books.
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Re: Confessions of an “ex” Peak Oil Believer - Engdahl

Unread postby jbeckton » Wed 19 Sep 2007, 09:24:37

$this->bbcode_second_pass_quote('meemoe_uk', 'I') know very little about abiotic oil theory, it's crazy to dismiss it because it won't stop a peak in oil production. Geologists are as dogmatic as the other speculative sciences. These guys refused to accept the theory of plate tectonics. Only when there was overwhelming practical evidence did they accept it. Could be the same with abiotic oil.


Good post.

You will find that many here aren't interested in learning about anything that won't completely solve every problem that we ever had, right now, and for the remainder of civilization. And if you show any interest in it, you completely subscribe to every claim ever made about it.

It's the same argument with alternative energy from them, it's too expensive. What they always fail to comprehend is that expensive is a relative term.

Oil was once considered too expensive to drill. Good call!
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Re: Confessions of an “ex” Peak Oil Believer - Engdahl

Unread postby jbeckton » Wed 19 Sep 2007, 09:34:24

$this->bbcode_second_pass_quote('Doly', '')$this->bbcode_second_pass_quote('jbeckton', '')$this->bbcode_second_pass_quote('Doly', '
')PO doesn't necessarily assume that there is a finite supply, it only assumes that if oil is somehow replenished, it does so at a much slower rate than we are consuming it. And I don't know of anybody who is seriously challenging that assumption.


Do you mean hundreds of thousands of years or several decades to resupply? That is the big difference.


No, it does not make a big difference. If it's replenished at any rate that is lower than we are consuming, you have peak oil exactly the same. And the fact that discoveries peaked in the sixties proves that any replenish rate is significantly lower than what we are consuming.

Let's suppose (and nobody is seriously saying that much), that we are consuming 80 million barrels a year and it gets resupplied at a rate of 8 million barrels a year. We still have a very serious problem. It's like you are spending 80,000 dollars a year when you only earn 8,000.

The only difference is that if it does get replenished, you say that at some point in the future we'll be able to start all over again. That point in the future would be way after you are dead, in any case.


That point went completely over your head. Where did I argue that oil might currently be being produced faster than we are consuming it? I only argued that the current finite supply might be larger than we think.

I might not change the fact that we will one day hit PO, but it could certainly have an impact on the timeline, which is ultimately the only thing that matters.
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Re: Confessions of an “ex” Peak Oil Believer - Engdahl

Unread postby dorlomin » Wed 19 Sep 2007, 10:46:48

$this->bbcode_second_pass_quote('jbeckton', '')$this->bbcode_second_pass_quote('Oilbird', '')$this->bbcode_second_pass_quote('jbeckton', 'h')ow can we justify a conclusion that it is of finite supply?


By using simple math. As far as I am aware, the Earth is not infinite. Therefore, it follows that any subset of the Earth (e.g. oil) is also not infinite.


I shouldn't even justify this with a responce but your logic is flawed. If oil is indeed formed from organic remains, than it will continue to be produced in an INFINITE process.

Please refrain from useless posts, unless you were serious, in which case, you need to hit the books.
No. It is widely accepted as being produced by a biological process that requires very specific enviromental and geological conditions and forms over a very long time. In terms of our current consumption pattern it is very very much a finite resource.

The only thing I seem to find infinite any more seems to be cornucopians gullibility. That though, is most likely just a matter of perspective.
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Re: Confessions of an “ex” Peak Oil Believer - Engdahl

Unread postby rockdoc123 » Wed 19 Sep 2007, 11:37:59

$this->bbcode_second_pass_quote('', 'G')eologists are as dogmatic as the other speculative sciences. These guys refused to accept the theory of plate tectonics. Only when there was overwhelming practical evidence did they accept it. Could be the same with abiotic oil.


that is not only a strawman argument, but a pretty lame one at that. What you refer to is Alfred Weggener's hypothesis in the late 1800's regarding continental drift, which was dismissed by the Royal Society. At the time Wegener's only evidence was that there was an uncanny fit between the coast lines of South America and Africa, the Royal Society critics pointed out that the fit left a number of gaps so wasn't by any sense perfect. Of course at the time there was no way of looking at the fit of the continental shelf areas but only that of the areas above water. By the time J. Tuzo Wilson formulated his hypothesis on Plate Tectonics in the mid-seventies there was a tremendous amount of evidence in support, including relatively detailed magnetic maps of the oceanic crust, ocean bottom surveys which pointed to mid-ocean rises and transcurrent faults in linkage across large areas of the ocean and planar dipping surfaces of earthquake epicentres coincident with deepsea trenches. In short technology had come up with the appropriate overwhelming evidence in support of Wegener's original hypothesis, albeit with the enhancements proposed by Wilson which accomodated an non-expanding earth.

In the case of organic origins for oil's there is about 30-40 years worth of laboratory experimental work that has substantiated the fact that organic rich source rocks when heated produce hydrocarbons. This is a common misinformation put forth from the abiotic crowd...."no one has ever created hydrocarbons experimentally from source rock kerogens"...which is completely wrong since geochemists have been doing this through "pyrolysis" for decades. Just for fun one such experimental evidence is given in the following paper written by a Russian scientist from the Komi Republic research centre, an academy that I have had dealings with in the past and has some pretty good scientists attached to it :

Bushnev, D.A., 2001. Pyrolysis products of kerogen from the Upper Jurassic sequence of the Sysol'sk shale-bearing region, Lithology and Mineral Resources, V. 36, No. 1-2, pp 86-91.

$this->bbcode_second_pass_quote('', 'M')ultiple alkyl derivatives of thiophene, alkyl benzenes, n-alkanes, alkenes, and isoprenoid hydrocarbons, as well as phenols, were identified in products of the pyrolysis by the chromatomass-spectrometry method.


Outside of the experimental evidence we also have the ability to use organic "fingerprints" which are the output from gas chromatography run on source rock samples or oils. By comparing various ratios of sterances, phytanes etc. from the chormatograms it is possible to trace oils with a very high degree of certainty to their source rock precursors. The presence of diamondoids, which are derived from lipids, and other organically derived elements such as oleane are also clear evidence of an organic source for oils.

Add all that to the fact that oil companies have been incredibly successful modeling the process of oil formation from organic source rocks and migration and entrapment to reservoir rocks suggests that the organic origin of oil is much beyond just being a theory.
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Re: Confessions of an “ex” Peak Oil Believer - Engdahl

Unread postby jbeckton » Wed 19 Sep 2007, 12:00:15

$this->bbcode_second_pass_quote('dorlomin', '')$this->bbcode_second_pass_quote('jbeckton', '')$this->bbcode_second_pass_quote('Oilbird', '')$this->bbcode_second_pass_quote('jbeckton', 'h')ow can we justify a conclusion that it is of finite supply?


By using simple math. As far as I am aware, the Earth is not infinite. Therefore, it follows that any subset of the Earth (e.g. oil) is also not infinite.


I shouldn't even justify this with a responce but your logic is flawed. If oil is indeed formed from organic remains, than it will continue to be produced in an INFINITE process.

Please refrain from useless posts, unless you were serious, in which case, you need to hit the books.
No. It is widely accepted as being produced by a biological process that requires very specific enviromental and geological conditions and forms over a very long time. In terms of our current consumption pattern it is very very much a finite resource.

The only thing I seem to find infinite any more seems to be cornucopians gullibility. That though, is most likely just a matter of perspective.


What are you talking about? Who claimed that oil was not infinite on a local scale? I only asked how we can justify it w/o knowing where oil comes from. There is a difference between disputing something and asking for evidence for its foundation.

Your responce to the question about how we know it is finite was:

$this->bbcode_second_pass_quote('dorlomin', 'B')y using simple math. As far as I am aware, the Earth is not infinite. Therefore, it follows that any subset of the Earth (e.g. oil) is also not infinite.

I then pointed out that there are MANY INFINITE PROCESSES going on right under your nose. Therefore your trumped up comment of subsets being finite because the earth is finite, shines as a metal on your vest of ignorance.

I guess you need to become more aware.
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Re: Confessions of an “ex” Peak Oil Believer - Engdahl

Unread postby dorlomin » Wed 19 Sep 2007, 12:25:03

$this->bbcode_second_pass_quote('jbeckton', ' ')Who claimed that oil was not infinite on a local scale?
just about everyone who has ever wrote on the subject ever. Who claimed oil is not finite on a local scale?

$this->bbcode_second_pass_quote('', 'I') only asked how we can justify it w/o knowing where oil comes from. There is a difference between disputing something and asking for evidence for its foundation.
$this->bbcode_second_pass_quote('', 'I')f oil is indeed formed from organic remains, than it will continue to be produced in an INFINITE process.
No you stated that if oil is organic is sorce then it is INFINITE. There is no reason to assume that. If that is not what you meant then you will need to be clearer.

$this->bbcode_second_pass_quote('jbeckton', ' ')
Your responce to the question about how we know it is finite was:

$this->bbcode_second_pass_quote('dorlomin', 'B')y using simple math. As far as I am aware, the Earth is not infinite. Therefore, it follows that any subset of the Earth (e.g. oil) is also not infinite.


I then pointed out that there are MANY INFINITE PROCESSES going on right under your nose. Therefore your trumped up comment of subsets being finite because the earth is finite, shines as a metal on your vest of ignorance.

I guess you need to become more aware.You cant even quote properly. That was OILBIRD not me. I guess that is what I am dealing with here.

$this->bbcode_second_pass_quote('', 'I') then pointed out that there are MANY INFINITE PROCESSES going on right under your nose.No you havent. The organic process for oil creation, according to current theory as I understand it, requires anoxic oceans. They are rare and last occured on a large scale during the Jurrasic (OK I could be slightly wrong with the era). Please tell me one INFINITE process you have pointed out.
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