[Oil-Finder]

$this->bbcode_second_pass_quote('TonyPrep', '')$this->bbcode_second_pass_quote('Oil-Finder', 'T')his sounds promising. Maybe.

--> LINK <--

[TonyPrep]

$this->bbcode_second_pass_quote('Oil-Finder', 'I')f peakers can state how long a resource could mathematically last, why can't journalists?

[Oil-Finder]

$this->bbcode_second_pass_quote('TonyPrep', 'I') don't hear peak oilers making a point about resources lasting X years at current consumption levels.

[TonyPrep]

$this->bbcode_second_pass_quote('Oil-Finder', '')$this->bbcode_second_pass_quote('TonyPrep', 'I') don't hear peak oilers making a point about resources lasting X years at current consumption levels.

[Oil-Finder]

$this->bbcode_second_pass_quote('TonyPrep', 'A')nd none of them are examples of peak oilers talking about x years at current consumption levels. They are about how much peak could be pushed back by a discovery, which is nothing like an R/P ratio.

[TonyPrep]

$this->bbcode_second_pass_quote('Oil-Finder', '')$this->bbcode_second_pass_quote('TonyPrep', 'A')nd none of them are examples of peak oilers talking about x years at current consumption levels. They are about how much peak could be pushed back by a discovery, which is nothing like an R/P ratio.

[FreddyH]

$this->bbcode_second_pass_quote('TonyPrep', 'S')o he thinks they can produce 21 million net barrels a day from oil shale? If not, what was the point of such a throw-away remark? Tell us the production rate, not how long it could mathematically last.

[vampyregirl]

TonyPrep you don't think we are moving to a lower energy use society? Read my Next generation automobiles post. it seems to me that we are albeit slowly

[TonyPrep]

$this->bbcode_second_pass_quote('vampyregirl', 'T')onyPrep you don't think we are moving to a lower energy use society? Read my Next generation automobiles post. it seems to me that we are albeit slowly

[vampyregirl]

It is in the current energy news section

[TonyPrep]

$this->bbcode_second_pass_quote('vampyregirl', 'I')t is in the current energy news section

[Tyler_JC]

Next Generation Autos

(The post in question)

I don't know enough about oil shale to comment but I do know that it could be a useful chemical feedstock, regardless of the EROEI.

[Oil-Finder]

Tony, let's look at what you said earlier in that quote:

"For example, a 100 billion barrel discovery (if it was additional to any estimate of discovery) would only push the peak out by a year or two."

How did you arrive at that "year or two" number?

You did it by dividing the hypothetical new discovery (100 billion barrels) by the current world rate of consumption (30 billion barrels/year). Actually that would be more like 3 years, but that's just a detail. It's still how you arrived at the figure.

In the shale article, the writer said:

"The Green River Formation of western Colorado, eastern Utah and southwest Wyoming contains the equivalent of an estimated 1.8 trillion barrels of crude oil, enough, Raytheon said, to meet current U.S. demand for 250 years."

How did they arrive at that "meet current US demand for 250 years" figure?

They did it by dividing the size of the resource (1.8 trillion barrels) by the current US rate of consumption (7.5 billion barrels/year). Actually that would be more like 237 years, but that's just a detail.

In other words, you did the exact same thing the writer of this article did. You just made it appear different by stating it in terms of "delaying the peak" rather than stating it as "it could satisfy world demand for 2 years." But in the end, your methodology was the same.

[TheDude]

$this->bbcode_second_pass_quote('FreddyH', '')$this->bbcode_second_pass_quote('TonyPrep', 'S')o he thinks they can produce 21 million net barrels a day from oil shale? If not, what was the point of such a throw-away remark? Tell us the production rate, not how long it could mathematically last.

[dinopello]

$this->bbcode_second_pass_quote('Tyler_JC', 'I') don't know enough about oil shale to comment but I do know that it could be a useful chemical feedstock, regardless of the EROEI.

[Tyler_JC]

$this->bbcode_second_pass_quote('dinopello', '')$this->bbcode_second_pass_quote('Tyler_JC', 'I') don't know enough about oil shale to comment but I do know that it could be a useful chemical feedstock, regardless of the EROEI.

[TonyPrep]

$this->bbcode_second_pass_quote('Oil-Finder', 'T')ony, let's look at what you said earlier in that quote:

"For example, a 100 billion barrel discovery (if it was additional to any estimate of discovery) would only push the peak out by a year or two."

How did you arrive at that "year or two" number?

[TonyPrep]

$this->bbcode_second_pass_quote('Tyler_JC', 'A') hydrocarbon is a hydrocarbon. If your goal is to make a chemical, you don't care how much energy it takes to get the feedstock, right?

[Oil-Finder]

OK Tony, we'll do it your way. Let's correct the author of the article.

$this->bbcode_second_pass_quote('', '"')The Green River Formation of western Colorado, eastern Utah and southwest Wyoming contains the equivalent of an estimated 1.8 trillion barrels of crude oil, enough, Raytheon said, to meet current U.S. demand for 250 years."