Life after the Oil Crash

[lowboy]

Do you actually believe that crap? There are enough known oil reserves to last us the next 500 years and they keep finding more. Hell, just a couple of years ago they found a pool of oil something like 360 miles wide in Louisianna. We have billions of barrels of oil in U.S. territories alone, the oil companies just aren't aloud to touch it due to the environmental crap. I used to get freaked out about this doomsday crap as well, but, I learned that all it is designed to do is freak out the populus. There is even less truth to that article than there is to the man made global warming scam (if thats possible).

[Nate_ERC]

I really appreciate how the side banners are selling power generators and survival gear!

[BBC69Camaro]

Originally Posted by lowboy

Do you actually believe that crap? There are enough known oil reserves to last us the next 500 years and they keep finding more. Hell, just a couple of years ago they found a pool of oil something like 360 miles wide in Louisianna. We have billions of barrels of oil in U.S. territories alone, the oil companies just aren't aloud to touch it due to the environmental crap. I used to get freaked out about this doomsday crap as well, but, I learned that all it is designed to do is freak out the populus. There is even less truth to that article than there is to the man made global warming scam (if thats possible).

You do realize that most of those oil pools require more energy to process that sludge into something usable than the energy we can currently get out of it right? I don't know where you are getting your information, but I think most people realize that a limited resource such as oil isn't going to last forever.

[World] reserves are confused and in fact inflated. Many of the so called reserves are in fact resources. They’re not delineated, they’re not accessible, they’re not available for production

-- Sadad Al-Husseini, former VP of Aramco, Oct. 2007; by Al-Husseini's estimate 300 billion of the world’s 1,200,000,000,000 barrels (190,000,000,000 m³) of proved reserves should be recategorized as speculative resources.

With worldwide demand increasing for oil faster than supply is increasing, this results in the large price increases we have seen, it is simple economics. All the developing nations (China, India etc) are trying to adopt modern western lifestyles and that requires lots of energy just like we use, so demand isn't going down anytime soon. So unless we can come up with a nearly unlimited supply out of nowhere, prices aren't coming down anytime soon.

All the easy oil and gas in the world has pretty much been found. Now comes the harder work in finding and producing oil from more challenging environments and work areas.

-- William J. Cummings, ExxonMobil's spokesman in Angola, Dec 2005

It would be much better to support a sound energy policy where we really pour research monies into finding an alternative solution to burning a non-renewable resource, rather than waiting until a crisis hits then trying to do it and watching our economy fall into pieces while waiting for us to research and bring to market a viable alternative energy source.

Also do you think for a moment if we really seriously started researching alternative energy sources that Opec wouldn't lower prices in attempt to, avert that? Win-win in my book, lower gas prices in the short-mid term and sound investment in the future. The real question is why aren't we doing this now?

Quotes from:
http://en.wikipedia.org/wiki/Peak_oil

[R67Chevelle]

This peak oil scam is a lie from the pit of HELL!!!!!

It goes like this.... Global warming, carbon credits, peak oil, the government cares about you, evolution...... come on.....

this is the new age religion.... when will people realize the real agenda... People breath in air and expell "carbon dioxide".... Without these wacos saying it, its people who are the threat....

okay... better yet... "Norway's Moose Population in Trouble for Belching" and the british government are going to mandate new diets for cows and livestock because their farting is creating too many "green house gases" that is causing global warming"....

THE NORWEIGN MOOSES FARTING AND BELCHING IS GOING TO KILL US ALL"

http://www.spiegel.de/international/...501145,00.html


this peak oil crap is complete BS.... I can't stand it anymore... not even worth bebating....

Blessings,

[Sparks67]

Originally Posted by BBC69Camaro

Quotes from:
http://en.wikipedia.org/wiki/Peak_oil

Your quotes were from wikipedia? Not a reliable source of information.
Here is a recent find.. http://www.rigzone.com/news/article.asp?a_id=56144

An older find..
http://www.nytimes.com/2006/09/06/bu...in&oref=slogin

Also, since we have world's largest reserves of Oil Shale. http://money.cnn.com/2007/10/30/maga...tune/index.htm


Jeff

http://www.kodakgallery.com/67rscamaro

[ProTouring442]

According to an article in Popular Mechanics, Jack Field, just off the coast of Mississippi will boos US oil reserves by 50%. Jack Field alone is estimated to contain 15 Billion barrels of oil. Another find in Kazakhstan contains 13 billion barrels, and in Brazil a recent find should yield 8 billion barrels.

The article also point out that the so-called "peak out" should not occur for at least another 20 to 30 years, and will likely not be the catastrophic event so many like to claim it will be due to those 20 to 30 years offering us a great deal of time to develop technologies necessary to effectively curb the world appetite for oil.

Further, though not related to the article mentioned above, don't forget that a lot of the increase in oil futures pricing can be attributed to the nearly 50% decrease in the value of the US dollar. Add the dollar devaluation to the bubble many believe is currently afflicting the oil market and the possibility of either an oil market correction or the inflation of wages to bring on a parity with the price of oil is not unreasonable.

Shiny Side Up!
Bill

[lowboy]

The fact that you (BBC69Camaro) source wikepedia as reliable information tells me everything I need to know and I'm not going to even bother w/retort.

[el-camino]

you think that al lies about global warming and all the other stuff ?
the most from the american people must learn some simply and stupid things.
you are not alone on the planet, you are not the biggest one, you must learn your Dollars are more and more goes down in the value.
your Bushido ruins over the years the nation.
your industrie goes more and more down, ok, we make a new war anywhere on the world, he ?
the finacial and political situation from the usa are a complete desaster.

look in summertime over a big city like Los Angeles and tell me what you can see: nothing than smog
and you say this is a pack of lies ?
you are one of the biggest nations and the biggest problems.

a good friend of mine says yesterday:
the usa have no oil, no money, no culture but a big guru is the boss and play with the string puppets

[ProTouring442]

Originally Posted by el-camino

you think that al lies about global warming and all the other stuff ?
the most from the american people must learn some simply and stupid things.
you are not alone on the planet, you are not the biggest one, you must learn your Dollars are more and more goes down in the value.
your Bushido ruins over the years the nation.
your industrie goes more and more down, ok, we make a new war anywhere on the world, he ?
the finacial and political situation from the usa are a complete desaster.

look in summertime over a big city like Los Angeles and tell me what you can see: nothing than smog
and you say this is a pack of lies ?
you are one of the biggest nations and the biggest problems.

a good friend of mine says yesterday:
the usa have no oil, no money, no culture but a big guru is the boss and play with the string puppets

I am sorry to inform you of this my friend, but some of the newest and best evidence that Global Warming is not man made and is instead from natural sources has come from scientists in Russia, the Netherlands, etc, and not the USA. Many factors have been cited as natural causes, but the one that seems to have the most impact is the sun. Evidences of the sun being one of the major causes include that fact that several planets in our solar system have also had a recent warming trend, something not likely to have been caused by big-block muscle cars or SUVs.

As for the nature of the smog over Las Angeles, believe it or not, and at this point I am inclined the think that you will not, much of that smog likely comes from natural sources, as there have been descriptions of the smog in LA that predate the expansive city now occupying that area.

Shiny Side Up!
Bill

[XcYZ]

Originally Posted by el-camino

scott,
i choose my words wisely and exact.

thin ice ?

i never offended any person here in this board.

Originally Posted by el-camino

you are one of the biggest nations and the biggest problems.

a good friend of mine says yesterday:
the usa have no oil, no money, no culture but a big guru is the boss and play with the string puppets

This thread is done.

If you don't like it here, if you don't like the members, if you don't like this country, if you want to continue to be the problem and not the solution, then please leave.