lowtimedriver
Marmott Stalker
- Joined
- Jan 24, 2006
- Posts
- 4,224
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jetflyer said:Blzr,
What did you think about the Department of Energy Study?
PEAKING OF WORLD OIL PRODUCTION:
IMPACTS, MITIGATION, & RISK MANAGEMENT
http://www.netl.doe.gov/publications...aking_NETL.pdf
Robert Hirsch of the DOE says that in order to prevent extreme financial disaster, we need to start replacing oil with intense effort 20 years ahead of time.
The U.S. imports almost 2/3 of their oil. Coal turned to oil will take many years to even begin as the first plant hasn't been built yet in the U.S.
Read the DOE study and tell me if I'm crazy.
The world uses 1000 barrels a second. That's 42,000 gallons a second. The world is about to have to live with 40,000 gallons a second, then 38,000 gallons a second and less and less and less per year.
The DOE says that if Peak Oil occurs in the next 20 years the economy will suffer a lot. The DOE even admits that a lot of experts are predicting 2007-2012 as the peak year.
Blzr I really want to hear your comments after reading the DOE paper. I want to know if I should worry or not. They talk about coal to oil, how fast the oil sands can be ramped up, unforseen big oil finds that will only delay peak oil by maybe a year, hybrids and everything else imaginable. They say replacing the stuff is going to take many, many trillions and TIME. TIME is something the DOE admits we're running out of.
Robert Hirsch of the DOE said in interviews that the study scared his team to death. He said they only published the best case scenarios and even those scared their team immensely. There are many other informed people like him that are scared.
Please tell me what you think of the DOE study.
Jet
Decline rates for the worldwide oil production are supposed to be about 3-4% or more. So we'll be losing about 3 million barrels of oil/year from worldwide production. OK SO THE OIL SANDS TOOK CARE OF ONE YEAR'S LOSS by 2017. Too bad peak oil is in the next couple years plus, you know I'm bored.The current Canadian vision is to produce a total of about 5 MM bpd of products from oil sands by 2030. This is to include about 3 MM bpd of synthetic crude oil from which refined fuels can be produced, with the remainder being poorer quality bitumen that could be used for energy, power, and/or hydrogen and petrochemicals production. 5 MM bpd would represent a five-fold increase from current levels of production.82 Another estimate of future production states that if all proposed oil sands projects proceed on schedule, industry could produce 3.5 MM bpd by 2017, representing 2 MM bpd of synthetic crude and 1.5 MM bpd of unprocessed lower-grade bitumen.
Naturally, killJOY is dang sure that peak oil will collapse the government. By an amazing coincidence, reality is going to obey his wishes.
Freight Dog said:Wow, I can't believe this.... people just don't seem to get it.
We all b*tch about how the airlines have lost their pricing power, and how the tickets are too cheap. Well, if you want to go coast to coast, you have a boatload of airlines to choose from.
In the mid to late 90's, the oil industry was in the same shambles as the airlines are in today - too many of them. What did they do? They consolidated. They became an oligopoly. That has dramatically improved their pricing power and profitability.
These guys are posting billions of dollars of profit PER QUARTER. We're paying for it... We all bitch about it, but you don't see us catching the subway, or buses or heavens-forbid ride our bicycles and get healthier along the way? Not nearly enough to offset the gouging. So yes, Habib's camel gets an ingrown toe nail, and the price shoots straight up to $70/barrel. Why? Because it can...
Conversely, we want the airline industry to recover? Let the mergers begin.
I think Chevron is lying to us all!! They're part of the SCAREMONGERING PHONEY Peak Oil crowd. They're trying to convince us, with Bush's help, that we're running out of oil. The elites are trying to run up the price so they can profit and make money off us little people.Oil production is in decline in 33 of the 48 largest oil producing countries, yet energy demand is increasing around the globe as economies grow and nations develop.
jetflyer said:Also the oil companies are scamming us and just running up the price.
Did you know that in 1970, the U.S. produced 9.6 million barrels PER DAY of Oil!?
The UNITED STATES used to pump more oil than SAUDI ARABIA does today!!
Now the U.S. is only producing 5.4 million barrels per day and it falls every year even though they drill more oil wells and found Alaska's oil and the Gulf of Mexico oil since then.
Why is this?
It can't be as some claim that the U.S. reached its peak oil in 1970, as M. King Hubbert a Shell geologist predicted in 1956. He said that this is a natural geological process, that the pressure in the oil wells diminishes and even after pumping water or carbon in the wells that you'll eventually get less and less oil out every year.
This is impossible because there is an infinite amount of oil in the ground. It's created in the center of the earth.
I think the oil companies are choosing to produce only half as much oil as they did in the 1970's so they can run up the price. Then they'll save their oil for when it's really expensive.
Chevron claims at their "Move Past Oil Site":
http://www.willyoujoinus.com/issues/alternatives/
that 33 out of the world's 48 major oil producers have passed their peak oil production and are in decline like the United States. Here is the quote:
I think Chevron is lying to us all!! They're part of the SCAREMONGERING PHONEY Peak Oil crowd. They're trying to convince us, with Bush's help, that we're running out of oil. The elites are trying to run up the price so they can profit and make money off us little people.
It's all a grand conspiracy!!
Bottom line is that the U.S. could pump oil at 9.6 million barrels a day like they did in the 1970's if they wanted to, and we wouldn't have the problems we're having now.
The oil companies are CHOOSING to pump 4.2 million barrels less per day today than in 1970, even though they have brought on the Alaskan Slope and Gulf of Mexico oil since then!!
It's a crime!
America did not pass no phoney Peak Oil in 1970. Malarchy! Bologna sandwich!! Horse Manure!!!
It's all a conspiracy by dee elites!
Plus Chevron is lying by saying 33 of the 48 major oil producers have passed their peak oil, like the United States! BOLOGNA SANDWICH!!
Dang Conspiracy. We's needs a congressional investigashun!! I's tells ya!
Scaremongerers!!!
Jetflyer
jetflyer said:I'd like to tell you my views on these NUTTY PEAK OIL PEOPLE.
I personally think these nuts saying that oil is not a renewable resource and is going to get more rare in the near future are just scaremongerers.
People like vice president of Iran's national oil company:Samsan Bakhitari, Colin Campbell, advisor to Cheney and Bush:Matthew Simmons, Republican Congressman Roscoe Bartlett, George Soros, T. Boone Pickens, and ex-CIA chief James Woolsey must be just giggling at how they're making people scared preaching their peak oil prophecies and telling people to start using renewable resources!!! God forbid!!
I think oil will go back to the historic $20.00/barrel any day now. This is what a lot of the experts are saying. HISTORY has always said that more oil will be found and the price will go back to its historic norm. Surely this will NEVER change. It's only higher because of the terrorism premium, and there are Nigerians kidnapping oil workers. When the oil workers are released oil will go to $20.00.
There is an infinite amount of oil in the ground. It is created in the center of the earth. It's called abiotic oil. Dead Dino remains?! HAH! Whatever!!! .... Scientists are such retards.
I wouldn't listen to biased retards like the U.S. govt.'s Department of Energy that says Peak Oil is going to be the biggest challenge of modern society!!!!!
Have you noticed how they've been trying to freak out the world, by making such a big deal of their early 2005 findings on Peak oil found here:
http://www.netl.doe.gov/publications/others/pdf/Oil_Peaking_NETL.pdf
Scaremongering Retards!!! I think I've seen the govt. mention peak oil atleast 4 times a day over the last year since they did that study. Why are they trying to scare us. I bet it's to give the oil companies higher profits!! Bush is one of dem oil men, ya know.
Y2K Part 2 that's all this is. These people just need to scare people. Dang Chicken Littles. Wolf Cryers!! They don't feel right unless they're scared and scaring others. That must be it.
Everything will be just fine. Go along with your using of 1000 barrels a second of oil. We'll soon be using 1200 barrels a second of oil, then 1500 barrels a second.
There are no limits to how much oil we can use!! It's created in the center of the Earth!!
Truth Speaker,
Jet
Dangerkitty said:You are beginning to sound like the AIDS activists of the late 80's and early 90's. They all claimed that AIDS was going to spread and mushroom until the entire civilization of Earth had AIDS and we all died.
Still waiting on that one to come to fruition.
The results were startling: Unless a mitigation crash program is started 20 years before peaking occurs, the economic consequences will be dire.
The world has never confronted a problem like peak oil.
The concept of the peaking of world oil production follows from the fact that the output of an individual oil field rises after discovery, reaches a peak, and then declines.
This Moron thinks we need to get off oil to avoid economic hardship. Bologna. Keep burning it boys. It will never run out!If mitigation is too little, too late, world supply/demand balance will have to be achieved through massive demand destruction and shortages, which would translate to extreme economic hardship. On the other hand, with timely mitigation, economic damage can be minimized.
Chinese officials have forecast the peaking of world oil production around the year 2012.
This moron is trying to warn us of an IMAGINARY EVENT. PEAK OIL WILL NEVER HAPPEN!!Previous energy transitions (wood to coal, coal to oil, etc.) were gradual and evolutionary; oil peaking will be abrupt and revolutionary.
flyerny said:Oil is not renewable on human timetable.
The oil peak is of heated debate. One thing is for certain - there will be a peak if not already. This peroid in human history will be noted as "The Oil Age" in history books.