I'm am getting so sick and tired of people who have absolutely nothing to do with the oil industry 'pointing out' to others that oil is running out and soon we will be in nuclear war over the last drops of crude. There is no oil shortage. We are not even close to an oil shortage. We have so much that at times we actually put oil crude back into the ground because the refineries crude storage tanks are too full.

You all need to stop listening to the crappy American Media 'specialists' who are predicting the oil will run out soon. None of these guys in their knock-off suits have any affiliation with any of the major oil companies, no matter how hard they will try to make you believe. There is enough oil in the Rocky Mountains alone to last the United States well into the next century. Qatar (which is essentially a U.S. protectorate, even if there is no written agreement), has a damn near bottomless supply of natural gas. It's so large that every time they start trying to calculate how many trillions of cubic meters of gas there is, they stumble on more wells, with even more gas.

The price of gasoline has nothing to do with 'greedy oil companies' and everything to do with an artificial supply and demand caused by you favorite media specialists. Most of the oil companies would prefer to sell their product at 40 bucks a gallon. When the price skyrockets they get hit with all kinds of governement fees and have to hand over more money to the real greedy bastards. You have to understand that the record profits are coming from record sales, not record prices. Everyday the demand for petroleum products and derivatives increases; that is where the influx of cash comes from. The one place that we are getting less oil from right now is Venezuela, and that is because Hugo Chavez seems to think that the major oil companies are jacking the price up in an attempt to take advantage of his country. Too bad he has his head so far up his ass that he doesn't realize the only refineries that can handle crude that sweet are owned by American companies.

Don't get me wrong, there is a need for an alternative fuel, as crude oil will eventually run out. But it is NOT happening in our time. What we should be doing is focusing all our efforts on finding a reliable and economical (and no, corn-based ethanol is not it. Although hemp-based would work just fine) new fuel.

lol

I've never really listened to what the media has to say. I'd rather find out the facts myself and form my own opinion on things instead of having someone else's opinion rammed into my brain.

Thank god Qatarstang, at least now I don't feel like the only other person who realizes this.

ORIGINAL: kngdaka

I've never really listened to what the media has to say. I'd rather find out the facts myself and form my own opinion on things instead of having someone else's opinion rammed into my brain.


a lot (if not the majority) of americans do not do that. they just watch the news and go 'OMG OMG OMG!', then change the channel to american idol/lost to get their mind off of it.

Most people who love this ethanol idea don't have to deal with the ridiculous inflation of everything that the mid west is having to deal with.

2 years ago 24 eggs cost $.90 today they are over $2.00 because the demand for corn has gone up, so the cost of feed has gone up, so the cost of everything and it's mother has gone up.

I believe the whole oil thing is a bunch of BS and somebody just wants to get rich or stop us from using so much because of the enviroment or the stupid global warming thing. $4.00 for regular here. Seems to be going up 5 cents everyday or probably $4.05 today.

Media is used to brainwash and control Americans. Glad to see a few who agree on the subject of oil. +1 for the OP.:D

Gobal warming, ha. It was 43 degrees in MN on monday. One year to date it was 76 degrees.

[:-][&o][&:]

please don't turning this into a Global warming thread, guys.

[&o]

nice write up.

ORIGINAL: 99GTvert

ORIGINAL: amoosenamedhank

Gobal warming, ha. It was 43 degrees in MN on monday. One year to date it was 76 degrees.


WHAT ABOUT THE YEAR BEFORE THAT?



Couldn't tell ya off the top of my head:D The point is, the weather is continuously fluctuating. 30 years ago we were all in a panic because we feared global cooling.

I hope you're kidding,, lol..global warming is not a year to year thing.. it's a long drawn out thing..with records kept over years and years..

I wonder if the cavemen during the ice age were scared of global warming? i personally would have welcomed it..

As for the fuel thing. I don't know that much about 'oil supplies etc' but it basically comes down to there being NO alternative to gasoline in vehicles.

If condom companies ALL started charing 15 dollars a condom, people would just start pulling out. Problem with vehicles is, you can't drive a car by not putting as in it.

*retard version :D:D*

And you didn't even mention the reserves that we have found, but haven't tapped.....like ANWR. If the ecofreaks hadn't kept us frombuilding a new refinery for 30years we wouldn't have the BS situation we have now. [:@]

I couldn't agree more QatarStang (minus the record profit part....they openly admit it's from record prices, and that it's justifiable because milk is able to be $3-$4 a gallon.)

People (or Sheeple) are lemmings, and follow anything the government or media tells them.

I can name a lot of other reserves, too. I'm just not exactly sure how much of what I know I should know, and what the ramifications could be on someone close to me if his boss(es) find out that I'm spouting stuff off on a car forum.


EDIT: RippedCamel - we would still be posting record profits even if it was at 40 a barrell, granted that we would not be completely obliterating old records like we are in the current situation.

Our biggest problem is our dependence on natural gas, coal, and oil burning for electricity.


The enviormentalists are the ones really screwing things up here.


Not because of refusing to drill in american reserves, but by making it so hard and so many rules to building a refinery, it is not economically feasible, and thus we don't have the refining capacity to meet our demand.

Not only that, but by keeping us from going nuclear power for electricity generation. I always love how they cite Three Mile Island as a disaster and that it shows we shouldn't use nuclear power. Christ, to me it is a TRIUMPH of what can be done. The plant almost melted down- but the failsafes in place worked, and prevented a disaster. To me, that is a sucess. Nuclear power is dangerous yes, but relativly safe, and alot better.


France is beating us. 80% of their electricity generation comes from nuclear power, the other 20% from hydroelectric. America, france has won. You fail.

ORIGINAL: QatarStang

I'm am getting so sick and tired of people who have absolutely nothing to do with the oil industry 'pointing out' to others that oil is running out and soon we will be in nuclear war over the last drops of crude. There is no oil shortage. We are not even close to an oil shortage. We have so much that at times we actually put oil crude back into the ground because the refineries crude storage tanks are too full.

You all need to stop listening to the crappy American Media 'specialists' who are predicting the oil will run out soon. None of these guys in their knock-off suits have any affiliation with any of the major oil companies, no matter how hard they will try to make you believe. There is enough oil in the Rocky Mountains alone to last the United States well into the next century. Qatar (which is essentially a U.S. protectorate, even if there is no written agreement), has a damn near bottomless supply of natural gas. It's so large that every time they start trying to calculate how many trillions of cubic meters of gas there is, they stumble on more wells, with even more gas.

The price of gasoline has nothing to do with 'greedy oil companies' and everything to do with an artificial supply and demand caused by you favorite media specialists. Most of the oil companies would prefer to sell their product at 40 bucks a gallon. When the price skyrockets they get hit with all kinds of governement fees and have to hand over more money to the real greedy bastards. You have to understand that the record profits are coming from record sales, not record prices. Everyday the demand for petroleum products and derivatives increases; that is where the influx of cash comes from. The one place that we are getting less oil from right now is Venezuela, and that is because Hugo Chavez seems to think that the major oil companies are jacking the price up in an attempt to take advantage of his country. Too bad he has his head so far up his ass that he doesn't realize the only refineries that can handle crude that sweet are owned by American companies.

Don't get me wrong, there is a need for an alternative fuel, as crude oil will eventually run out. But it is NOT happening in our time. What we should be doing is focusing all our efforts on finding a reliable and economical (and no, corn-based ethanol is not it. Although hemp-based would work just fine) new fuel.



SHUT UP SHUT UP SHUT UP!! Im going to gag you to stop you and all you sense talking people from talking!!! [8D]

Just let the speculators push it a little farther before you start flapping your gums.. I got in on my companies under market value buy in when the stock price happened to be way down a couple months ago.. its just about to friggen double what I paid for it... Thats all I ask.. so can you.. ya know.. lay off the sensical speach for the next couple of months atleast? Humm? could you? Start it in about october when I have another chance to do an undervalue buy in, that would be great, thanks.

OMG lets just invade france.



But really wow.

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.

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.

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!

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.

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.

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.

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

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!

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.

The demand for oil is surpassing the amount that we can produce it.Global consumption of oil is skyrocketing.

Check out this link the articlesaysIn 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/

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 articlesaysIn 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.

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.

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???? :D

I could live without Gran Marnier if I HAD to [8D]

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 articlesaysIn 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;)

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

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!"

http://upload.wikimedia.org/wikipedia/en/d/df/Susquehanna_steam_electric_station.jpg


because water vapor is definitely detrimental to the enviornment:eek:

it is.

ORIGINAL: 99GTvert

it is.


Not nearly as dangerous as methane emitted from cows.. so I vote we kill all cows, if for no other reason than they are tasty... exept milk cows. gots to keep milk cows around.

but cow milk is just cow semen. its been proven based off of word of mouth. and water vapor is bad because i said so.

ORIGINAL: 99GTvert

but cow milk is just cow semen. its been proven based off of word of mouth.Â* and water vapor is bad because i said so.






well cow semen (from females no less) tastes really good. I will wait for Mattlowe to chime in to tell me if human semen and cow semen tastes the same.

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!"

http://upload.wikimedia.org/wikipedia/en/d/df/Susquehanna_steam_electric_station.jpg


because water vapor is definitely detrimental to the enviornment:eek:


That's not water vapor you idiot. Anyone who knows nothing about 'nucular' power plants knows that is pollution. 100% pollution. It's bad for the sky, everyone living around, and eventually it all falls back down onto the ground, seeps into the water supply, and creates genetic disorders in generations to come.

Plus, look at all the farm land that was ruined by building that plant, and I won't even get started on how many trees were probably cut down to make room for it.

get started. no point in brining it up only to backpedal and sandbag the whole thing.

I don't think its all the "eco freaks fault" that their have been no new refineries. For examply, Michigan had 21 refineries mostly owned by the mom and pop type companies. Through out the 90's big oil moved in and shut down all of them except 1(one) refinery. If the problem was not enough refineries why did the big oil companies shut down 20 WORKING refineries?

I think the big oil execs know exactly what they are doing, and have done. Decrease supply when demand is increasing, ta da, HIGH GAS PRICES.

Decrease supply when demand is increasing, ta da, HIGH GAS PRICES.

It's worse than that though.

They can 'create' demand and create whatever price they want.

I think that is part of what QatarStang is saying. Production/Supply could be way up, and demand way down, but there is nothing keeping prices from dropping as they shoudl in such instance.

In simpler terms. If you are charging 2 dollars for lemondade, but nobody is buying it, and you have a lot left over. You'd sell it for less to cut losses..

in oil.. no matter HOW MUCH demand, there is still demand, and nothing keeping the prices sane

ORIGINAL: QatarStang
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



several trillion in each of thousands¿ no, sorry, that is horribly wrong.
23-01-04 How much oil do we have left? According to the United States Geological Survey's (USGS) latest report, published in 2000, the planet had 3 tn barrels of oil and gas before we started using it up. It calculates we have used some 700 bn, leaving 2.3 tn barrels underground.
A simple calculation using data from the Centre for Global Energy Studies (CGES) shows that with 28.8 bn barrels currently being used a year (79 mm a day), there is some 80 years of supply left in the ground. However, the 2.3 bn barrels left includes 1.4 bn which, according to USGS analysis of global geology, exist but have yet to be discovered. ( http://www.gasandoil.com/goc/features/fex40615.htm )
naturally, the data was collected in 2000, and oil detection technology has increased since then, but with them estimating there to have been, before humans started tapping it, roughly only 3 trillion barrels to start with. so to say, even in jest, that there are trillions of barrels available in thousands of locations across the globe is wrong on a ludicrous level.

ORIGINAL: 72MachOne99GT

That's not water vapor you idiot. Anyone who knows nothing about 'nucular' power plants knows that is pollution. 100% pollution. It's bad for the sky, everyone living around, and eventually it all falls back down onto the ground, seeps into the water supply, and creates genetic disorders in generations to come.

Plus, look at all the farm land that was ruined by building that plant, and I won't even get started on how many trees were probably cut down to make room for it.



I hope you're either kidding, or you got your info from some poorly written Greenpeace website written by highschoolers.

That's steam coming out of the cooling tower. Water gets pumped to a condenser to cool the condensate, and that cool water boils to form the steam you see.

A nuclear power plant also doubles as a "fluffy cloud factory"!!!

As for the trees, I see plenty of them around the plant. The surface area taken up by the plant is negligible compared to the trees around it.

ORIGINAL: ShadowWulf

ORIGINAL: 72MachOne99GT

That's not water vapor you idiot. Anyone who knows nothing about 'nucular' power plants knows that is pollution. 100% pollution. It's bad for the sky, everyone living around, and eventually it all falls back down onto the ground, seeps into the water supply, and creates genetic disorders in generations to come.

Plus, look at all the farm land that was ruined by building that plant, and I won't even get started on how many trees were probably cut down to make room for it.



I hope you're either kidding, or you got your info from some poorly written Greenpeace website written by highschoolers.

That's steam coming out of the cooling tower.Â* Water gets pumped to a condenser to cool the condensate, and that cool water boils to form the steam you see.

A nuclear power plant also doubles as a "fluffy cloud factory"!!!


lolz, thank you

That's not water vapor you idiot. Anyone who knows nothing about 'nucular' power plants knows that is pollution. 100% pollution. It's bad for the sky, everyone living around, and eventually it all falls back down onto the ground, seeps into the water supply, and creates genetic disorders in generations to come.

Plus, look at all the farm land that was ruined by building that plant, and I won't even get started on how many trees were probably cut down to make room for it.

LOL.. I was waiting for someone to FAIL

Get it?

ORIGINAL: 72MachOne99GT

LOL.. I was waiting for someone to FAIL

Get it?



I figured when I saw "nucular". It's just that I've encounted so many idiots who REALLY do think these things, so I wasn't sure.

ORIGINAL: ShadowWulf

ORIGINAL: 72MachOne99GT

LOL.. I was waiting for someone to FAIL

Get it?



I figured when I saw "nucular". It's just that I've encounted so many idiots who REALLY do think these things, so I wasn't sure.


kindof like all the people nowdays who dont know the difference between "your" and "youre"
¿

lol..

Yea, I knew water was the big byproduct of nuclear power plants.
Even though, I have NO idea how they work. lol..nor do I care to go too in depth into it.

lolz, I saw that and I thought your post was written in a sarcastic tone but I wasn't certain.

It actually sounds pretty convincing.

I'm sure that if I told it to someone who really knew nothing about them, they'd have believed me. Gonna have to try that.

ORIGINAL: tokinGLX

ORIGINAL: QatarStang
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



several trillion in each of thousands¿ no, sorry, that is horribly wrong.
23-01-04 How much oil do we have left? According to the United States Geological Survey's (USGS) latest report, published in 2000, the planet had 3 tn barrels of oil and gas before we started using it up. It calculates we have used some 700 bn, leaving 2.3 tn barrels underground.
A simple calculation using data from the Centre for Global Energy Studies (CGES) shows that with 28.8 bn barrels currently being used a year (79 mm a day), there is some 80 years of supply left in the ground. However, the 2.3 bn barrels left includes 1.4 bn which, according to USGS analysis of global geology, exist but have yet to be discovered. ( http://www.gasandoil.com/goc/features/fex40615.htm )
naturally, the data was collected in 2000, and oil detection technology has increased since then, but with them estimating there to have been, before humans started tapping it, roughly only 3 trillion barrels to start with. so to say, even in jest, that there are trillions of barrels available in thousands of locations across the globe is wrong on a ludicrous level.



Um, this is where your facts are wrong due to the sources you cited to gather them.

The USGS is not responsible for petroleum products, MMS is. USGS would also only look at land based, US only operations, not offshore, and not international. MMS, is still only federal, there are also many many other sources.

In 2006 alone the production levels were at 82,500,000 barrels per day. Worldwide.

Here's another report from an industry source showing production to multiply 10x's over in the next 25 years. http://www.eia.doe.gov/oiaf/ieo/oil.html

Just according to your 3 trillion barrel availability until the panet dries up, we have enough oil to last99 years if we continue toconsume 83,000,000 barrels per day

Basically we would have used half of the world's supply of oil by now. If that is so then how come we keep finding more and more and more every single year?

ORIGINAL: 72MachOne99GT

It actually sounds pretty convincing.

I'm sure that if I told it to someone who really knew nothing about them, they'd have believed me. Gonna have to try that.



Yeah, once you get that figured out then go found yourself a major media corporation.

Sounds good. Will you be my scientific source?

ORIGINAL: 99GTvert

ORIGINAL: kngdaka

I've never really listened to what the media has to say. I'd rather find out the facts myself and form my own opinion on things instead of having someone else's opinion rammed into my brain.

a lot (if not the majority) of americans do not do that. they just watch the news and go 'OMG OMG OMG!', then change the channel to ESPN to get their mind off of it.

A little tequila wouldn't hurt either. ;)

ORIGINAL: 72MachOne99GT

Sounds good. Will you be my scientific source?


Of course I will. I just discovered that sticking grass in a woman's vagina is what gets them preggers, not sexual intercourse. We'll get into the UFO sightings during the human interest story segment and finish it off with the prediction of global cooling caused by everyone on Earth opening their freezers at the same time.

I don't know about the first part.

But Nuclear power plants and aircraft carriers and submarines are definately related to global warmming.

ORIGINAL: RyansQuick6


Um, this is where your facts are wrong due to the sources you cited to gather them.
then cite me numbers from better sources.

The USGS is not responsible for petroleum products, MMS is. USGS would also only look at land based, US only operations, not offshore, and not international. MMS, is still only federal, there are also many many other sources.then please, tell us what they quote for barrels of oil left in the ground. then we will have a more factual number to work with


Just according to your 3 trillion barrel availability until the panet dries up, we have enough oil to last99 years if we continue toconsume 83,000,000 barrels per dayyup. only 99 years left. hopefully tho, we will start using many more renewable resources for energy, and our oil can last 300, 400, or even a thousand years instead of that 100.

Basically we would have used half of the world's supply of oil by now. If that is so then how come we keep finding more and more and more every single year?
and how many more years of finding more do you think we have left¿ 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¿

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!"

http://upload.wikimedia.org/wikipedia/en/d/df/Susquehanna_steam_electric_station.jpg


because water vapor is definitely detrimental to the enviornment:eek:


Ahhh! Look at all that Smug that is seeping into the air! [8D]

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.

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.

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

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.

+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.

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.