$this->bbcode_second_pass_quote('pstarr', 'O')kay. I've taken enough guff from you two industry flacks (and the make-believe industry guy);

Yes, oil shale and shale oil are different.

Yes, I understand the difference. I read Wiki also.

[ralfy]

Pops and TheDude got it right. According to the IEA, at best we will get a 9 pct increase in global energy produced from oil and gas sources, but energy demand may rise by around 2 pct per annum. As demand hits the production ceiling, we will see long-term recession. And that's assuming that conventional sources simply flat line and no other problems involving the economy or due to climate change don't take place.

$this->bbcode_second_pass_quote('pstarr', 'W')hat is unbelievable is that you keep drumming up scams. When I came here it tar sands would save us, then bakken NG, and now bakken oil. Is it any wonder that someone is confused. You keep spinning the bottle looking for another peak-oil genie to make you some money.

[Maddog78]

$this->bbcode_second_pass_quote('', 'p')starr
Expert
posts 12798

[Moto]

$this->bbcode_second_pass_quote('pstarr', 'Y')ou've spent the previous 3 years promoting Chesapeake shale NG. We know how that went. They were forced to cut the reserves by what? 80%? Now you have latched onto the bakken shale oil scam.

[copious.abundance]

$this->bbcode_second_pass_quote('pstarr', 'Y')ou've spent the previous 3 years promoting Chesapeake shale NG. We know how that went ...

[Moto]

Reserves have nothing to do with price.
That "HOT AIR" still has the same value as gas regardless of price.

You previous graph does not represent a decline curve. I really hope you don't actually believe that it does.

Every time you make a new post I question your education and motivation for posting.
troll....

[Moto]

We explained the drive mechanism to you yesterday...

It is not BS it is basically fact based on what they know right now. I think the cost per barrel is probably off, but the oil is there and is producible.

right-wingnut? politics.... really?
For the record No...

[basil_hayden]

I shall reiterate since you wil not respond in your own thread:

It will take 10,000 days (28 years) to withdraw a 4,000 day (11 year) supply of oil in North Dakota shale oil.

This is akin to bong scraping.

How can you not understand that this is not a rosy picture, for either me, you or our children?

As pstarr is trying to point out, it took about 1 day to withdraw three month's supply in the past conventional oilfields.

Get it?

[Bruce_S]

$this->bbcode_second_pass_quote('basil_hayden', 'I') shall reiterate since you wil not respond in your own thread:

It will take 10,000 days (28 years) to withdraw a 4,000 day (11 year) supply of oil in North Dakota shale oil.

This is akin to bong scraping.

[basil_hayden]

$this->bbcode_second_pass_quote('Bruce_S', '')$this->bbcode_second_pass_quote('basil_hayden', 'I') shall reiterate since you wil not respond in your own thread:

It will take 10,000 days (28 years) to withdraw a 4,000 day (11 year) supply of oil in North Dakota shale oil.

This is akin to bong scraping.

[copious.abundance]

$this->bbcode_second_pass_quote('pstarr', 'O')ily's standard diversion--cherry-picked short-term trend to support said scam.



Here is the long-term trend; a plateau followed by the longgggggggggggg decline.

Only pstarr would consider it bad if farmers produced a bumper crop of something, sending the price down. Which is basically what's happened in the NG industry.

Yeah, abudance and low prices are a sign of failure. Sure.
$this->bbcode_second_pass_quote('pstarr', '')$this->bbcode_second_pass_quote('OilFinder2', 'A')nd prices have CRATERED and STABILIZED.

[copious.abundance]

$this->bbcode_second_pass_quote('basil_hayden', 'T')he price can't crash, or the bong scraping will stop. See the Chinese handcuffs we're in? There will not be another price drop to below $75 per barrel. Period.