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From: jim on 13 Nov 2009 20:15 Bret Cahill wrote: > > > > There is ONE well in the south > > > Atlantic (still under development) that has > > > reserves sufficient to supply USA with all > > > its' needs for centuries. > > > > > In neighbouring fields, Exxon, BP, China, > > > Saudi Arabia, etc, are all drilling 10 miles > > > below the surface. > > > > > Want to know more Google for "Tupi", > > > Petrobras, Sustainable oil, "Deep Hot > > > Biosphere" ... > > > > There is something wrong with your hallucinations. According to > > Petrobras the Tupi oil field contains 5-8 billion barrels. The world > > uses 31 billion a year. > > Some are calling it "The Long Goodbye." > > It'll be a "long goodbye" for those making over several hundred > thousand a year. This is one guy's projection for oil prices from now to 2020: http://www.theoildrum.com/files/image2415_0.png The bottom graph is the price of oil projected into the future. The grey areas in the graph are major recessions that bring the price of oil down after it has spiked to a peak. We are in the first grey area now.
From: jim on 13 Nov 2009 20:18 "leonard78sp(a)gmail.com" wrote: > > On Nov 13, 5:12 pm, jim <"sjedgingN0Sp"@m(a)mwt,net> wrote: > > "leonard7...(a)gmail.com" wrote: > > > > > On Nov 12, 10:41 pm, John Larkin > > > <jjlar...(a)highNOTlandTHIStechnologyPART.com> .wrote: > > > > On Wed, 11 Nov 2009 13:12:39 -0500, "Paul E. Schoen" > > > > > > Peak oil is always a few years ahead. > > > > > "Peak Oil" at the present time, has evolved > > > from a production modeling resource into > > > a marketing scam. > > > > > It worked quite well in 1956 to accurately > > > predict that United States oil production > > > would peak between 1965 and 1970. But > > > when Hubbert turned to foreign sources > > > he lost his way not understanding the way > > > Arabs and Russians do business, > > > > > Unquestionably, Peak Oil's models were > > > responsible for the surge in prices for crude in > > > the futures markets. Added to that the API's > > > reluctance to accept the concept of "abiotic oil" > > > allowed the Sa'uds and Russians to conceal > > > their increased resources by drilling their old > > > unproductive holes deeper. > > > > > > Cheap energy fueled the flight to the > > > > >suburbs and the inherently wasteful concept of long commutes and sprawling > > > > >individual houses for small families and individuals. > > > > > > Cheap oil changed a predominantly rural, farming society into a > > > > primarily urban one. > > > > > > Auto makers and oil > > > > >companies made more profits as such a lifestyle became more popular. > > > > > > Of course. In the process they made us far, far more efficient and > > > > prosperous and healthy than we had been. > > > > > > But > > > > >there is a finite amount of oil in the ground, > > > > > Bullshit!!!! There is ONE well in the south > > > Atlantic (still under development) that has > > > reserves sufficient to supply USA with all > > > its' needs for centuries. > > > > > In neighbouring fields, Exxon, BP, China, > > > Saudi Arabia, etc, are all drilling 10 miles > > > below the surface. > > > > > Want to know more Google for "Tupi", > > > Petrobras, Sustainable oil, "Deep Hot > > > Biosphere" ... > > > > There is something wrong with your hallucinations. According to > > Petrobras the Tupi oil field contains 5-8 billion barrels. The world > > uses 31 billion a year. > > �� You are too lazy, jim. You took the first > estimate when they hit oil. It has been revised > upward 3 or more times. Petrobras is chilling > about the numbers but people are speaking of > a factor of 100 Hmmm.... All this happened since Nov 12 when petrobras made that announcement?
From: jim on 13 Nov 2009 20:23 "leonard78sp(a)gmail.com" wrote: > > On Nov 13, 5:55 pm, Bret Cahill <BretCah...(a)aol.com> wrote: > > > > There is ONE well in the south > > > > Atlantic (still under development) that has > > > > reserves sufficient to supply USA with all > > > > its' needs for centuries. > > > > > > In neighbouring fields, Exxon, BP, China, > > > > Saudi Arabia, etc, are all drilling 10 miles > > > > below the surface. > > > > > > Want to know more Google for "Tupi", > > > > Petrobras, Sustainable oil, "Deep Hot > > > > Biosphere" ... > > > > > There is something wrong with your hallucinations. According to > > > Petrobras the Tupi oil field contains 5-8 billion barrels. The world > > > uses 31 billion a year. > > �� Is there something wrong in your hallucinations > Some US jackasses do think USA "IS" > the world. Take another deep huff o your gasoline soaked bag and then explain where in the US Brazil can be found.
From: leonard78sp on 13 Nov 2009 22:00 On Nov 13, 8:23 pm, jim <"sjedgingN0Sp"@m(a)mwt,net> wrote: > "leonard7...(a)gmail.com" wrote: > > > On Nov 13, 5:55 pm, Bret Cahill <BretCah...(a)aol.com> wrote: > > > > > There is ONE well in the south > > > > > Atlantic (still under development) that has > > > > > reserves sufficient to supply USA with all > > > > > its' needs for centuries. > > > > > > In neighbouring fields, Exxon, BP, China, > > > > > Saudi Arabia, etc, are all drilling 10 miles > > > > > below the surface. > > > > > > Want to know more Google for "Tupi", > > > > > Petrobras, Sustainable oil, "Deep Hot > > > > > Biosphere" ... > > > > > There is something wrong with your hallucinations. According to > > > > Petrobras the Tupi oil field contains 5-8 billion barrels. The world > > > > uses 31 billion a year. > > > Is there something wrong in your hallucinations > > Some US jackasses do think USA "IS" > > the world. > > Take another deep huff o your gasoline soaked bag and then explain where > in the US Brazil can be found. You screw up and then try to pass your stupidity on to me just like jackass Bret Cahill.
From: leonard78sp on 13 Nov 2009 22:04
On Nov 13, 8:15 pm, jim <"sjedgingN0Sp"@m(a)mwt,net> wrote: > Bret Cahill wrote: > > > > > There is ONE well in the south > > > > Atlantic (still under development) that has > > > > reserves sufficient to supply USA with all > > > > its' needs for centuries. > > > > > In neighbouring fields, Exxon, BP, China, > > > > Saudi Arabia, etc, are all drilling 10 miles > > > > below the surface. > > > > > Want to know more Google for "Tupi", > > > > Petrobras, Sustainable oil, "Deep Hot > > > > Biosphere" ... > > > > There is something wrong with your hallucinations. According to > > > Petrobras the Tupi oil field contains 5-8 billion barrels. The world > > > uses 31 billion a year. > It would seem that John Larkin is responsible for the hallucinations. USA is not the whole world in case John hasn't noticed > > This is one guy's projection for oil prices from now to 2020: > > http://www.theoildrum.com/files/image2415_0.png > > The bottom graph is the price of oil projected into the future. The grey > areas in the graph are major recessions that bring the price of oil down > after it has spiked to a peak. We are in the first grey area now. The fact is that the "oil drum is the company created to exploit King Hubbert's computer model. It is obsolete. They were largely culpable for the grossly overpriced oil on the commodities exchanges. |