RE: There is NO oil shortage!
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RE: There is NO oil shortage! - 4/30/2008 10:55:31 AM
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QatarStang
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The only problem is that France has most of their reactors close enough to each other that if one were to blow up (from a bomb, not if it just had a meltdown), it would cause a huge chain reaction. Not exactly the best planning, but still impressive how much they utilize the technology.
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RE: There is NO oil shortage! - 4/30/2008 10:59:24 AM
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Zanador
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quote:
ORIGINAL: QatarStang
The only problem is that France has most of their reactors close enough to each other that if one were to blow up (from a bomb, not if it just had a meltdown), it would cause a huge chain reaction. Not exactly the best planning, but still impressive how much they utilize the technology.
True, however we are not france.
It is kinda hard for france, considering it is 20% smaller than TEXAS.
However, america has tons of areas, with almost no population, and the infrastructure in place to transport the electricity. We could easily utilize the technology, way beyond how we already have, and a lot more safetly than any other country can.
Hell, all our nuclear plants are from the 60's and 70's. I can't even imagine how much more efficient and powerful a plant would be if it was built today. Not to mention how much safer.
< Message edited by Zanador -- 4/30/2008 11:01:12 AM >
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RE: There is NO oil shortage! - 4/30/2008 11:00:45 AM
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RyansQuick6
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thank you, finally someone else who actually pays for their gas with a check from the oil industry chimes in.
The cost of gas is purely a flase manifestation of speculation. Even the Amir of Qatar has stated it plenty of times and oil is the only thing they've got to live off of.
Our country is led by and full of idiots, and unfortunately, the few of us that make sense, don't count.
The Rockefeller family is coming down pretty hard on Exxon right now though, this is gonna get good!
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RE: There is NO oil shortage! - 4/30/2008 11:01:48 AM
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ShadowWulf
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quote:
ORIGINAL: QatarStang
The only problem is that France has most of their reactors close enough to each other that if one were to blow up (from a bomb, not if it just had a meltdown), it would cause a huge chain reaction. Not exactly the best planning, but still impressive how much they utilize the technology.
You'd need a pretty good sized bomb to affect the containment building. A nuclear reactor doesn't explode like an atom bomb does.
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RE: There is NO oil shortage! - 4/30/2008 11:04:22 AM
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ShadowWulf
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quote:
ORIGINAL: Zanador
Hell, all our nuclear plants are from the 60's and 70's. I can't even imagine how much more efficient and powerful a plant would be if it was built today. Not to mention how much safer.
The old plants get thier equipment updated. Plus there's plans for new plants, and yes they are insanely safe. People think nuclear power and associate it with Chernobyl. Chernobyl was a P.O.S. plant design.
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RE: There is NO oil shortage! - 4/30/2008 11:04:47 AM
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tokinGLX
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well, the world uses over 80 million barrels of oil per day. do some simple math and youll find out that a couple trillion in reserve wont last so horribly long
now take 80 million times 365 so we can know how many barrels the world uses in a year....thats a big number, yeah¿ least, im guessing it is, im not honestly going to do the math, but i hope every single person that thinks we have plenty of oil does.
we do have enough oil to float us into the next century, but only if we start supplementing our energy with other sources than oil.
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RE: There is NO oil shortage! - 4/30/2008 11:09:52 AM
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QatarStang
Posts: 1911
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quote:
ORIGINAL: RyansQuick6
thank you, finally someone else who actually pays for their gas with a check from the oil industry chimes in.
The cost of gas is purely a flase manifestation of speculation. Even the Amir of Qatar has stated it plenty of times and oil is the only thing they've got to live off of.
Our country is led by and full of idiots, and unfortunately, the few of us that make sense, don't count.
The Rockefeller family is coming down pretty hard on Exxon right now though, this is gonna get good!
Speaking of which - are you still gonna be shipped off over here or are you staying in Louisiana?
Tokin - we have several trillion in each of one of the thousands of wells
I don't know the exact numbers, but even accounting for the exponential demand of oil/LNG (don't know about coal - not my area), there will still be plenty
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RE: There is NO oil shortage! - 4/30/2008 11:21:02 AM
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RyansQuick6
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I was talking to my gf the other day about it. The job I was looking at was a big jump up and I was pretty new then. I've built a good reputation and now it's just a matter of time. Hopefully I can go out there, I really really really want to, espescially billary or osama get elected.
Either way i plan to gtfo of louisiana lol
BTW the Amir is here right now, checking out what was done with the $100 million he gave to help New Orleans, and I'll be in new orleans friday for a night and then it's back out to the platform I'm currently sitting on for the next 40 days straight!
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RE: There is NO oil shortage! - 4/30/2008 11:23:33 AM
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HaV
Team MF Member #013
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You know, I work in an OFS type company, and our plant produces pumping systems, both horizontal and down well. If people knew the rate new pumps and the pump screens are being supplied out to the field for the few oil companys that we work with world wide, they would have a hard time believing that oil is running out.
Infact, they are making new discoveries almost daily. The only times you ever hear about them, or even see a report on them, is if they are expected to exceed xbillions of barrels of oil. Otherwise they are considered minor and non news worthy.
The main problem with the speculation in oil is we base our supply numbers off of known reserves and how much oil they are expected to produce. The thing is we have no idea how many undiscovered oil reserves there are, especally for deep sea. They know there is a LOT but the cost/difficulty of getting it has prevented it from ever being mentioned as a supply. Its also not figured into the supply numbers that are provided based on the fact they have no f'ing clue how much there is.
Then add in other sources of petroleum that are not included in supply, such as oilshale, which is all over the US. Its much harder and more expensive to get the oil from it, but there have been predictions that when the technology is finally up to par, that it may be a bigger actual reserve than the Saudi's are sitting on. Again, its not included in the known supply figures because its an unknown quanitity.
The real reasons for supply issues are exporting controls from OPEC nations, and refining capacity. Thats it. And OPEC would be more than happy to settle on 60-90 bucks a barrel from now on. Reported supply shortages are almost exclusively due to the lack of refining capacity and the inefecency of the old refineries, and happen more often when they have to switch to the different grade mixes in summer vs winter.. Congress has not allowed any new ones to be built in years either. When they start allowing new refineries to be built, that will also ease gas prices as we will no longer have nearly the same supply bottle neck we have now.
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RE: There is NO oil shortage! - 4/30/2008 11:24:32 AM
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Turbo5point0
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The demand for oil is surpassing the amount that we can produce it. Global consumption of oil is skyrocketing.
Check out this link the article says In Beijing alone, about 1,000 new cars (and about 500 used ones) are added to the road each day
http://thetyee.ca/News/2007/10/10/ChinaAutoMad/
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RE: There is NO oil shortage! - 4/30/2008 11:32:05 AM
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RyansQuick6
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quote:
ORIGINAL: Turbo5point0
The demand for oil is surpassing the amount that we can produce it. Global consumption of oil is skyrocketing.
Check out this link the article says In Beijing alone, about 1,000 new cars (and about 500 used ones) are added to the road each day
http://thetyee.ca/News/2007/10/10/ChinaAutoMad/
Your facts are wrong, sorry. Supply is at an all time high, far exceeding demand, and demand worldwide has decreased by 10% in the past month. China even has a surplus, I just posted an AP article about it. Check on the cost of fuel there, it hasn't changed, it's regulated by government.
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RE: There is NO oil shortage! - 4/30/2008 11:43:04 AM
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RyansQuick6
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I just looked out of my window from this prodution platform that I'm on and counted 78 production platforms within eyesight from my office window, not including the ones on the other side of the structure.
I did my math wrong, oops lol.
It is actually at 1,441,000 barrels of oil per day.
< Message edited by RyansQuick6 -- 4/30/2008 11:47:18 AM >
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RE: There is NO oil shortage! - 4/30/2008 11:44:37 AM
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okbfd
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quote:
ORIGINAL: QatarStang
The only problem is that France has most of their reactors close enough to each other that if one were to blow up (from a bomb, not if it just had a meltdown), it would cause a huge chain reaction.
And that would be a bad thing???? 
I could live without Gran Marnier if I HAD to 
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RE: There is NO oil shortage! - 4/30/2008 11:49:00 AM
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QatarStang
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quote:
ORIGINAL: Turbo5point0
The demand for oil is surpassing the amount that we can produce it. Global consumption of oil is skyrocketing.
Check out this link the article says In Beijing alone, about 1,000 new cars (and about 500 used ones) are added to the road each day
http://thetyee.ca/News/2007/10/10/ChinaAutoMad/
If you had read this thread you would have found that there are at least 2 people posting here that are directly tied to the oil industry. Both of whom are stating that there is not a shortage
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RE: There is NO oil shortage! - 4/30/2008 11:51:05 AM
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RyansQuick6
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For all you naysayers, here is my proof. This is direct from the department of interior with projections based on proposed exploration projects through 2016. There will be more added as time goes on, but the Gulf production alone increases by 30% by the year 2010. The people that put this together are the ones who regulate oil exploration and drilling and production outside of state waters. This does NOT include all the stuff that i am currently surrounded by, only projects in Federal waters.
http://www.gomr.mms.gov/PDFs/2007/2007-020.pdf
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RE: There is NO oil shortage! - 4/30/2008 12:10:00 PM
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kngdaka
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Nuclear power is the way to go for sure. However then you get the dumsh!ts who point to a picture like this and say "but look at all that pollution!"
because water vapor is definitely detrimental to the enviornment
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RE: There is NO oil shortage! - 4/30/2008 12:13:36 PM
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99GTvert
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it is.
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