[boostindazz]

I was talking to a petrol station attendant before. He basically reckoned that the American oil companies are only tapping 10% of Americas oil capacity, and they are using up everyone else's first, hence why they are in Alaska, Iraq etc. He also said we have 40+ years of oil left and this is all a big scare so oil companies can justify their price increase.....?? Maybe they know about ALOT more oil than they let on?

OR is this dude talking crap?

[Doly]

Peak oil isn't the end of oil. Peak oil is the halfway point. It's the end of CHEAP oil.

[Don_Quichote]

Do you think a petrol station attendant knows everything about oil ?
Forget it.

The USA is already far over the midpoint of depletion...

Read more about the problem concerning peakoil and you will start to understand why we might have a big problem in the near future.

[aahala]

The 10% claim, crap.

A Gomer Pyle type pumping gas is a credible source as to
where the pump nozzle goes or how to ringup the sale against
your credit card.

He is unlikely to have vast knowledge about oil, medical science,
art history, or anything else as far as that goes.

[JoeW]

$this->bbcode_second_pass_quote('aahala', 'T')he 10% claim, crap.

A Gomer Pyle type pumping gas is a credible source as to
where the pump nozzle goes or how to ringup the sale against
your credit card.

He is unlikely to have vast knowledge about oil, medical science,
art history, or anything else as far as that goes.

[0mar]

$this->bbcode_second_pass_quote('boostindazz', 'I') was talking to a petrol station attendant before. He basically reckoned that the American oil companies are only tapping 10% of Americas oil capacity, and they are using up everyone else's first, hence why they are in Alaska, Iraq etc. He also said we have 40+ years of oil left and this is all a big scare so oil companies can justify their price increase.....?? Maybe they know about ALOT more oil than they let on?

OR is this dude talking crap?

[El_Producto]

$this->bbcode_second_pass_quote('', 'H')e basically reckoned that the American oil companies are only tapping 10% of Americas oil capacity

[boostindazz]

I'm all new to this, and from a little country called New Zealand. So I can't comment......

But I don't understand why the world's production of oil will decrease if they are only half way through the oil?? And is oil production directly related to demand?

[threadbear]

Warren Buffet pumped gas until he was 39 years of age. George Soros worked in a car wash for years, before he finally got his big break, and became a busboy. It was another 4 or 5 years before he became the manager of a Taco Bell. And look where he is today?

[Cash]

$this->bbcode_second_pass_quote('threadbear', 'W')arren Buffet pumped gas until he was 39 years of age. George Soros worked in a car wash for years, before he finally got his big break, and became a busboy. It was another 4 or 5 years before he became the manager of a Taco Bell. And look where he is today?

[Cash]

$this->bbcode_second_pass_quote('boostindazz', 'I') was talking to a petrol station attendant before. He basically reckoned that the American oil companies are only tapping 10% of Americas oil capacity, and they are using up everyone else's first, hence why they are in Alaska, Iraq etc. He also said we have 40+ years of oil left and this is all a big scare so oil companies can justify their price increase.....?? Maybe they know about ALOT more oil than they let on?

OR is this dude talking crap?

[alpha480v]

$this->bbcode_second_pass_quote('JoeW', '')$this->bbcode_second_pass_quote('aahala', 'T')he 10% claim, crap.

A Gomer Pyle type pumping gas is a credible source as to
where the pump nozzle goes or how to ringup the sale against
your credit card.

He is unlikely to have vast knowledge about oil, medical science,
art history, or anything else as far as that goes.

[Pops]

I just read this analogy somewhere:

Imagine you love pistachios; someone gives you, absolutely free, a big room filled waist high with the nuts – the only caveat is you have to leave the empty shells in the room after you eat the nuts.

At first life is good and it “costsâ€

[HonestPessimist]

$this->bbcode_second_pass_quote('Cash', '')$this->bbcode_second_pass_quote('threadbear', 'W')arren Buffet pumped gas until he was 39 years of age. George Soros worked in a car wash for years, before he finally got his big break, and became a busboy. It was another 4 or 5 years before he became the manager of a Taco Bell. And look where he is today?

[BabyPeanut]

$this->bbcode_second_pass_quote('threadbear', 'W')arren Buffet pumped gas until he was 39 years of age. George Soros worked in a car wash for years, before he finally got his big break, and became a busboy. It was another 4 or 5 years before he became the manager of a Taco Bell. And look where he is today?

[threadbear]

Baby Peanut, Warren Buffet pumped gas, as a hobby, long after he became a millionaire. And George Soros still likes to moonlight in full serve gas stations to keep his hand in the real world, in case he ever has to find a real job. They're both such good sports.

[4dsc]

$this->bbcode_second_pass_quote('', ' ')He basically reckoned that the American oil companies are only tapping 10% of Americas oil capacity, and they are using up everyone else's first, hence why they are in Alaska, Iraq etc. He also said we have 40+ years of oil left and this is all a big scare so oil companies can justify their price increase.....??

[Keith_McClary]

$this->bbcode_second_pass_quote('boostindazz', 'I')'m all new to this, and from a little country called New Zealand. So I can't comment......

But I don't understand why the world's production of oil will decrease if they are only half way through the oil?? And is oil production directly related to demand?

[Keith_McClary]

$this->bbcode_second_pass_quote('threadbear', 'B')aby Peanut, Warren Buffet pumped gas, as a hobby, long after he became a millionaire. And George Soros still likes to moonlight in full serve gas stations to keep his hand in the real world, in case he ever has to find a real job. They're both such good sports.