Oil Reserves in the U.S. Upped

Oil.
Oil is a substance which is very high potential energy source.
But as any rigged system (except from the light spectrum from the sun). We CAN´T consume more Energy then we have.
Oil is literally stored light energy from when the dinosaurs roamed the earth when they then turned into dust and then under huge amount of pressure oil was formed.

There for, oil is and resource we can finish. The questions are:
How fast can we consume?
What is the demand in 10, 20, 30, 50, 100 years from now?
How much oil do we have?
Future discoveries?
And at what expense for the environment?

You (Buffola Roam) and Syzygys disegree on the 3rd point, may it be fined and still to be explored oil "pools".
I do agree that we need a energy source now, but we should as soon as possible explore other alternatives. Don´t put all your eggs in the same basket so to speak.
 
The real problem what BR and some politicans do is lying to themselves. I can understand oilcompanies lying, it is in their best interest at least up to a point. Once the facts can not be concealed anymore (hell, oil at $125 is a pretty good reality check) there is no point in lying. But peak oil deniers behave like an alcoholic who doesn't acknowledges that he has a substance abuse problem, and the first step for every recovery is at least recognizing the problem.

Oh course the Bush government knows about peak oil but NONE of the solutions are going to be painless, thus they are politically speaking not very inviting. Hell, Bush even acknowledged (accidently though) peak oil after he visited SA...

But people at the gaspump eventually going to demand actions and explanations, and you can blame speculators just so long....

Actually I don't disagree with BR's numbers as oil in place, although we have to note that predicting reservoirs is more of an art than a science. The big difference is between us that he still sees future in oil, when I would start to look for alternative energy sources...
 
Syzygys said:
The real problem what BR and some politicans do is lying to themselves. I can understand oilcompanies lying, it is in their best interest at least up to a point. Once the facts can not be concealed anymore (hell, oil at $125 is a pretty good reality check) there is no point in lying. But peak oil deniers behave like an alcoholic who doesn't acknowledges that he has a substance abuse problem, and the first step for every recovery is at least recognizing the problem.

Oh course the Bush government knows about peak oil but NONE of the solutions are going to be painless, thus they are politically speaking not very inviting. Hell, Bush even acknowledged (accidently though) peak oil after he visited SA...

But people at the gaspump eventually going to demand actions and explanations, and you can blame speculators just so long....

Actually I don't disagree with BR's numbers as oil in place, although we have to note that predicting reservoirs is more of an art than a science. The big difference is between us that he still sees future in oil, when I would start to look for alternative energy sources...
Click to expand...

When have I said that you shouldn't look to new energy sources, I have picked out a couple that look good, and put money down on them, but that is a long term investment as they are not mature, and the infrastructure is not in place to utilize them.

Yes the numbers are there, and they will be for a long time to come, 40+ years, the world runs on oil, and we need to keep running it that way, there is no new present technology available today that can replace oil, or the infrastructure to deliver it.

In most cases from the reports I have from my investments are, that they underestimate the reserves from 3 to 5 times.
 
Interesting discussion.

Oil, being a finite resource, certainly can reach a "peak" in production. Sure, new oil fields are being found, but that doesn't exactly tell the whole story. All of the world's "easy" oil and gas has been pretty much found; what we need to do now is find oil from the more challenging environments and work areas. Considering oil is biotic, no new oil (in any measurable amount) is being formed. The only way we can process more fuel from oil is to shorten the hydrocarbon chains (through a process called "cracking"), although that is an extremely expensive process which requires delicate equipment (I'm assuming oil-producing kingpins like Saudi Arabia do not have such equipment). If you ask me, oil production cannot keep pace with the growing demand, taking into consideration the increasing world population. I read somewhere that with the peak oil theories floating about, the world population would have to be reduced by 1/3 or 2/3 (can't exactly remember) in order to satisfy everybody's oil demands.
 
Kadark said:
Interesting discussion.

Oil, being a finite resource, certainly can reach a "peak" in production. Sure, new oil fields are being found, but that doesn't exactly tell the whole story. All of the world's "easy" oil and gas has been pretty much found; what we need to do now is find oil from the more challenging environments and work areas. Considering oil is biotic, no new oil (in any measurable amount) is being formed. The only way we can process more fuel from oil is to shorten the hydrocarbon chains (through a process called "cracking"), although that is an extremely expensive process which requires delicate equipment (I'm assuming oil-producing kingpins like Saudi Arabia do not have such equipment). If you ask me, oil production cannot keep pace with the growing demand, taking into consideration the increasing world population. I read somewhere that with the peak oil theories floating about, the world population would have to be reduced by 1/3 or 2/3 (can't exactly remember) in order to satisfy everybody's oil demands.
Click to expand...

Johnny come lately, most of what you posted has already been hashed over, your a day late and a dollar short, and a century behind the times.
 
Buffalo Roam said:
Johnny come lately, most of what you posted has already been hashed over, your a day late and a dollar short, and a century behind the times.
Click to expand...

And you're an idiot. Are we even? I have no interest in reading 11 pages of your links and direct copy 'n' paste information.
 
Here is an interesting fact:

In the first oilwar of the Gulf, every American soldier used 4 gallons of oil per day. Now it is 16 gallons per day per soldier. Effectiveness, I guess...
 
Syzygys said:
Here is an interesting fact:

In the first oilwar of the Gulf, every American soldier used 4 gallons of oil per day. Now it is 16 gallons per day per soldier. Effectiveness, I guess...
Click to expand...

And pray tell where did you come up with that, do you know that it is wrong?

It took me about 30 seconds to find the right answer, and guess what your way off.

Heavyer armored vehicles, more air transport, more helicopters, more generators for cooling the troops, your want to shock but your don't't even come close in estimating the amount of fuel that a modern army used in a day, month, or year.
 
Michael said:
It is true that we will, some day, run out of the amount of oil needed to maintain our life style. Correct?
Click to expand...

Yes. There are only limited resources available. I don't believe we are close to running out yet. In fact, I believe we are decades away.

This is just a hard lesson for the United States. Americans have become so lazy and complacent, needing the big SUVs and minivans and for what??? They scream about these gas prices, well that's just life; deal with it. Europe has for years. It's about time the US does too. We have three vehicles, three motorcycles, and seven bicycles. So ya I know what it costs to fill up, especially our Jeep and Z-71. I just laugh to myself when I hear others saying how horrible this is. They talk, but don't do anything.

Alternatively, I ride my bicycle into work, weather permitting. I have for years, long before these price increases for good health. It's funny how in Europe it is acceptable to ride a scooter or bicycle, yet here it's looked down on. I more than welcome $6+ gas prices. It's good for the environment and is a good kick in the ass for America. The economy will be hurt, but it will recover.
 
Buffalo Roam said:
And pray tell
Click to expand...

Dude, I was joking with the effectiveness part, but I don't put a smiley after every joke. I know we use more and heavier vehicles, ligthen up!

But anyway, it was just an example that even with better technology, we are still using more oil, thus demand isn't decreasing by technological advances...

P.S.: And since mission hasn't been accomplished yet, I was right with the effectiveness anyway... :)
 
Let's make this thread more interesting and educative:

What company or organization is the biggest oiluser in the world? If nobody knows, the answer is coming up in 8-10 hours....
 
Shakaman said:
Oil is literally stored light energy from when the dinosaurs roamed the earth when they then turned into dust and then under huge amount of pressure oil was formed.
Click to expand...


That is ridiculous, if that were the case it would only have lasted a few decades. And what is it about Dinosaurs that creates oil?:D
 
Syzygys said:
Let's make this thread more interesting and educative:

What company or organization is the biggest oiluser in the world? If nobody knows, the answer is coming up in 8-10 hours....
Click to expand...

Is it bigger than a bread box..............OMFG, now we are playing 20 question? yes, real adult, intelligent discussion.

And you want to be taken serious?
 
Destroyer said:
Dinosaurs were very oily. No what he meant was that its from the 'age' of the dinosaurs, i.e. oil wasnt supposed to be made from them.

Love.gif
Click to expand...

Even at that, there wasn't enough bio mass to account for all the oil that has been discovered.
 
Syzygys said:
OK I will give you a very simple explanation for it:

Oil is underground in a let's call it huge cave. There is another cave next to it unconnected. Once the first cave's pressure has decreased after a few years of pumping out oil, the wall between the caves breaks through and oila! we have a replenishing oilwell!!!

The caves can exist vertically compared to each other, not just horizontally and they can contain different type of oil...
Click to expand...

Is that how it is? And exactly where does your knowledge come from?
 
Buffalo Roam said:
Is it bigger than a bread box..............OMFG, now we are playing 20 question? yes, real adult, intelligent discussion.
Click to expand...

Dude again, ligthen up! You don't do anything in this thread but repeat 77 new discoveries like a fucking MAGIC number! Of course that number itself is irrelevant, without the sum of recoverable amount.

The purpose of my posts is most of the time education, at least in this thread. If you don't feel like answering the trivia, don't do it.

P.S.: Talking about intelligent when denying a FACT,.. :)
 
John99 said:
Is that how it is? And exactly where does your knowledge come from?
Click to expand...

It is one of the possible explanations for that 2-3 occasions when an old field suddenly started to provide more. Mind you that is out of 10 thousands wells....
 
You must log in or register to reply here.
Back
Top