General Lee
Well-known member
- Joined
- Aug 24, 2002
- Posts
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jetflyer said:Did anybody read or listen to the sites I provided?
For all you "end of the world as we know it" theorists, here is an interesting read from the man who originally correctly predicted the US would see "peak oil production" in the 70's.jetflyer said:General,
Did you listen to Matthew Simmons with Jim Puplava? You never read or listen to anything I suggest. Humor me.
Did you read the transcript of Congressman Roscoe Bartlett?
I suspect the answer to both questions is no. You know nothing if you don't educate yourself. Read and listen.
Did anybody read or listen to the sites I provided?
Jet
ultrarunner said:I wonder how many DL pilots will bail early on this earnings news.....
I can't imaging any one even contemplating early retirement would even dare wait to a BK filing. That would be utterly crazy.
Grab the bucks and get the heck out!
lowecur said:For all you "end of the world as we know it" theorists, here is an interesting read from the man who originally correctly predicted the US would see "peak oil production" in the 70's.
[url="http://www.americanscientist.org/template/BookReviewTypeDetail/assetid/45924;jsessionid=aaa5A94dH-d7TO"]http://www.americanscientist.org/template/BookReviewTypeDetail/assetid/45924;jsessionid=aaa5A94dH-d7TO[/url]
On Your Six said:When oil hits $100 barrel, watch our military go into action. Venezuela will be target number one (their leader is a complete Castro wannabe) and then Norway, Sweden and others in the area are next. Those elk in Anwar would be toast - literally. C'mon George let's get some BLACK GOLD!!!!!!!!!!!!
It is useful to review where we get our oil from. We did it here and here in more detail, but it can be simplified to figures from the OGJ(Oil and Gas Journal) that show that, in April 2005, the US imported oil from Algeria (0.467 mbd); Kuwait (0.164 mbd); Nigeria (1.243 mbd); Saudi Arabia (1.494 mbd); Venezuela (1.567 mbd); Other OPEC (0.597 mbd); Angola (0.365 mbd); Canada (2.190 mbd); Mexico (1.632 mbd); Norway (0.250 mbd); UK (0.394 mbd); Virgin Islands (0.358 mbd) and other non-OPEC (2.655 mbd) [1 mbd = 1,000,000 barrels a day].
Of these Mexico has just gone into depletion, Venezuela for political or geological reasons has dropped a possible 1 mbd of production over the past year, Saudi Arabia may or may not be at peak production, but has set aside 800,000 bd of new production just to offset depletion in its older fields, Canada is relying on tar sands for increases and at no more than around 150,000 bd/year; the North Sea appears now to be depleting at around 500,000 bd/yr (UK and Norway); Iraq is still dropping in production – at present it is down around 100,000 bd over last year (that may be the other OPEC); Angola is just starting to increase production as is Algeria; Kuwait is up around 20,000 bd; and Nigeria is staying stable, but appears to have significant political problems.