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RE: There is NO oil shortage!

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RE: There is NO oil shortage! - 4/30/2008 1:17:12 PM   
KTownGT


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quote:

ORIGINAL: kngdaka

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


Ahhh!  Look at all that Smug that is seeping into the air!



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Post #: 61
RE: There is NO oil shortage! - 4/30/2008 1:23:15 PM   
RyansQuick6



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I just provided all of that info for you, through several links. Also I was using YOUR imaginary numbers to come with 99 total years of oil available which means we only have about 20 years left, according to YOU.

oil is not necessarily finite, it's produced by decomposition, and even though we're mainly drilling into dinosaur farts, there was a lot of life and death after dinosaurs, for about 60 million years, so it's still being produced naturally every single day.

Oil also kinda proves that Creation is non-existant, but we'll leave that for another thread.

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RE: There is NO oil shortage! - 4/30/2008 1:26:59 PM   
tokinGLX



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quote:

ORIGINAL: RyansQuick6

I just provided all of that info for you, through several links. Also I was using YOUR imaginary numbers to come with 99 total years of oil available which means we only have about 20 years left, according to YOU.

oil is not necessarily finite, it's produced by decomposition, and even though we're mainly drilling into dinosaur farts, there was a lot of life and death after dinosaurs, for about 60 million years, so it's still being produced naturally every single day.

Oil also kinda proves that Creation is non-existant, but we'll leave that for another thread.

my numbers werent imaginary, they were taken from the link i posted.  sorry i dont have the time to read through some pages looking for the same info that i have provided you with the simple click of a button.



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Post #: 63
RE: There is NO oil shortage! - 4/30/2008 1:29:35 PM   
okbfd


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quote:

ORIGINAL: tokinGLX
oil is a FINITE resource.  that means it is not unlimited.  is there a "shortage¿"
for our generation, no.  but will your grandchildren know what oil is¿


Here's an interesting reference to a paper that refutes the "known" fact that oil is truly a FINITE resource. It would be nice is this guy is right.

The find also brings up a name worth remembering: Thomas Gold. The Austrian-born astrophysicist, who died in 2004, was a renowned maverick in the science community, a brilliant rogue whose anti-establishment proclamations were often proven right. For instance, in the 1960s, as NASA began its assault on the moon, many scientists debated whether the moon's surface was comprised of hard rock or might in fact be a layer of dust so thick that, upon touchdown, the Apollo lunar modules would sink out of sight. Gold, studying evidence from microimpacts, moon cratering, electrostatic fields, and more, boldly predicted that the astronauts' boots would sink into the lunar regolith no more than three centimeters. And, give or take a centimeter or so, he was proven right.

What does Gold have to do with the recent Brazil oil find? In 1999, Gold published "The Deep Hot Biosphere," a paper that postulated that coal and oil are produced not by the decomposition of organic materials, but in fact are "abiogenic" -- the product of tectonic forces; i.e., deeply embedded hydrocarbons being brought up and through the earth's mantle and transformed into their present states by bacteria living in the earth's crust.

The majority of the world’s scientists scoff at Gold's theory, and "fossil fuel" remains the accepted descriptor of oil. Yet in recent years Russia has quietly become the world's top producer of oil, in part by drilling wells as deep as 40,000 feet -- far below the graveyards of T-Rex and his Mesozoic buddies.

Is it possible that Thomas Gold was right again, and that the earth is actually still producing oil? It's tantalizing to think so. Meantime, whether or not Brazil's recent find adds support to Gold's theory, for sure it's good news for Brazilians


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Post #: 64
RE: There is NO oil shortage! - 4/30/2008 1:32:56 PM   
RyansQuick6



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I don't have to read through a mindless link from an organization that looks at a very narrow sliver of the spectrum of this industry to know that it's insufficient information to base an educated opinion on.

I'm not trying to call you stupid, just poorly informed. There ain't much oil in denver, so I don't expect you to get it. I didn't realize until I started doing it for a living, but it's not what everyone thinks.

Oil has dropped several dollars per barrel in the past 2 days alone. People and other industries are sstarting to realize the issues and stand up against them.

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Post #: 65
RE: There is NO oil shortage! - 4/30/2008 3:00:34 PM   
fastbackford351


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+1 to the OP.  Glad to see so many people here putting the majority of the blame where it needs to be.  With the Green Weenies / Ecofreaks. 

Letting them decide energy policy is self defeating and is causing this country to go screaming down the crapper even faster than it otherwise would.

I got flamed a couple weeks ago for saying that the world isn't running out of oil.  Good to see the room coming around.

Or at least parts of it anyhow.



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Post #: 66
RE: There is NO oil shortage! - 4/30/2008 3:24:15 PM   
67mustang302

 

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Oil doesn't come from dinosaurs. We've learned recently that by a mechanism we don't entirely understand, oil is a naturally occuring compound produced in the Earth. Ultimately there will be a time when our consumption of oil will exceed the Earth's natural production of oil, but it certainly won't be any time soon.

The biggest problem with oil cost is that it is NOT traded on a supply and demand basis, it's traded on a speculation/futures basis. The price of oil goes up and down based on what the speculators investing in it THINK it MIGHT be worth x number of years down the road, sometimes it's accurate, but other times(like now) it's not. Many market anylists are coming to the conclusion that oil is currently way overpriced by the speculators(just like the housing market) and may be due for a major correction. We could potentially see the price of oil cut by more than half in the next few years.


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