Good advice.Don't confuse correlation with causation.
yes and idiotic.Still wrong??
where's the track record ? i hope it's not that fictitious chart, correct ?To All.
I said this to exchemist:
You are just wrong, as I have pointed out several times to no avail.
$$\frac{E_{TP/lb}}{Gb} =\begin{bmatrix}\frac{(m_{c}*c_{c} +m_{w}*c_{w})(T_{R}-T_{O})}{m_{c}} \end{bmatrix}/Gb$$
in which:
1) The mass of crude at time (t) is derived from the cumulative production function,
2) the mass of water is derived from the average % surface water cut (fw) of the reservoir,
3) temperature of the reserve is derived from the well depth. This assumes an earth temperature gradient of 1°F increase per 70 feet of depth.
You keep claiming that there is no relation between thermodynamics and the price of oil. Yet, using only the thermodynamic equation above, the Etp model tracked the yearly average oil price from 1960-2013 with an accuracy of 96.5%! That is pretty amazing. It can't be a coincidence. How do you explain this?
Exchemist can't seem to answer the question. Neither could origin. Neither could brucep. Neither can Russ_Watters.
It is a pretty important question.
I have now shown mathematically that the Etp function is derived from the second law of thermodynamics. The Etp model tracks the yearly average price of oil from 1960-2013 with an accuracy of 96.5%. If no one else can come up with a good alternate explanation to account all of this, I submit that I have proven that the Etp model must be valid.
---Futilitist
You can't even use the theory to make a scientific prediction. That makes you an illiterate with respect to all the claims you've been making. What you say is irrelevant. You should consider learning how to do a scientific analysis. Or just find another subject.To All.
I said this to exchemist:
You are just wrong, as I have pointed out several times to no avail.
$$\frac{E_{TP/lb}}{Gb} =\begin{bmatrix}\frac{(m_{c}*c_{c} +m_{w}*c_{w})(T_{R}-T_{O})}{m_{c}} \end{bmatrix}/Gb$$
in which:
1) The mass of crude at time (t) is derived from the cumulative production function,
2) the mass of water is derived from the average % surface water cut (fw) of the reservoir,
3) temperature of the reserve is derived from the well depth. This assumes an earth temperature gradient of 1°F increase per 70 feet of depth.
You keep claiming that there is no relation between thermodynamics and the price of oil. Yet, using only the thermodynamic equation above, the Etp model tracked the yearly average oil price from 1960-2013 with an accuracy of 96.5%! That is pretty amazing. It can't be a coincidence. How do you explain this?
Exchemist can't seem to answer the question. Neither could origin. Neither could brucep. Neither can Russ_Watters.
It is a pretty important question.
I have now shown mathematically that the Etp function is derived from the second law of thermodynamics. The Etp model tracks the yearly average price of oil from 1960-2013 with an accuracy of 96.5%. If no one else can come up with a good alternate explanation to account all of this, I submit that I have proven that the Etp model must be valid.
---Futilitist
You're the one who can't answer any questions. Mine is 'can you derive a prediction associated with a future oil price at a specific future date?' All you're doing is making claims that everybody thinks are associated with bullshit rather than the price of oil.To All.
I said this to exchemist:
You are just wrong, as I have pointed out several times to no avail.
$$\frac{E_{TP/lb}}{Gb} =\begin{bmatrix}\frac{(m_{c}*c_{c} +m_{w}*c_{w})(T_{R}-T_{O})}{m_{c}} \end{bmatrix}/Gb$$
in which:
1) The mass of crude at time (t) is derived from the cumulative production function,
2) the mass of water is derived from the average % surface water cut (fw) of the reservoir,
3) temperature of the reserve is derived from the well depth. This assumes an earth temperature gradient of 1°F increase per 70 feet of depth.
You keep claiming that there is no relation between thermodynamics and the price of oil. Yet, using only the thermodynamic equation above, the Etp model tracked the yearly average oil price from 1960-2013 with an accuracy of 96.5%! That is pretty amazing. It can't be a coincidence. How do you explain this?
Exchemist can't seem to answer the question. Neither could origin. Neither could brucep. Neither can Russ_Watters.
It is a pretty important question.
I have now shown mathematically that the Etp function is derived from the second law of thermodynamics. The Etp model tracks the yearly average price of oil from 1960-2013 with an accuracy of 96.5%. If no one else can come up with a good alternate explanation to account all of this, I submit that I have proven that the Etp model must be valid.
---Futilitist
Then why don't you take it?Good advice.
---Futilitist
In what respect?yes and idiotic.
But this is so much fun! You can prove, for example, that expensive potato chips cause people to fall out of their wheelchairs.You can take a random selection of numbers, say for example, the prices of oil - match it to some graph of the 2nd law of thermodynamics - and then say one causes the other.
LOL.But this is so much fun! You can prove, for example, that expensive potato chips cause people to fall out of their wheelchairs.
And that's a much closer correlation than this Etp thing.
Where, exactly did you get the content of that post? It looks like a mixture of direct quotes from the author and cut-pastes from a textbook, but the quoting style is inconsistent.Since you wanted some more details, here is a basic summary of the nested control volumes and the derivation of the ETP equation:
The equation derivation is the math escribing that. what he's doing here is essentially treating the reservoir as a literal "heat reservoir" and calculating the energy removed by removing the oil, with the oil being the working fluid at a given temperature and thermal capacity. This would only be relevant if the oil were being used, liquid, as a working fluid in a heat engine. It isn't. When you pump it out of the ground, if it gets above ground warmer than the surrounding air, that energy is dissipated to the air as it cools. This has nothing at all to do with the value of the chemical energy contained in the oil or in the energy required to pump the oil out of the ground (which, as billvon explained earlier, is an issue of gravity and pressure, not thermodynamic energy).The rate of entropy production in the petroleum production system is equal to the rate of heat extracted from the reservoir divided by the reservoir temperature.
Given the bizarreness of the previous work, it isn't obvious what mass of crude and water he's talking about: mass per gallon? Per barrel? Per year? Cumulative? So this still doesn't provide the means for calculating the ETP value.(Equation#7)
ETP/lbGb=[(mc∗cc+mw∗cw)(TR−TO)mc]/Gb
giving: BTU/lb/Gb
Evaluation of ETP from Equation# 7 requires the determination of three variables: mass of the crude (mc) mass of the water (mw), and the temperature of the reservoir (TR). These must be determined at time (t).
Uh, no and no. Car and truck engines average more like 30% efficient and their source temperature is something on the order of 1200F.The ETP Model calculates this value through numerical analysis which produces a conversion efficiency of 20.45 %. This is equivalent to a source temperature of 214 °F, and a sink temperature at STP of 77 °F.This is very close to the thermal operating efficiency of an internal combustion engine; they constitutes 83% of petroleum usage.
Read that first sentence under "Method 1" over and over until it sinks in. He's saying that while we paid $635B for the crude we bought, somehow it still cost os $3T? No, $635B is $635B. Period.US data for 2012:
GDP; $16.1632 trillion *1
The price of WTI; $94.05/ barrel
Petroleum consumption; 18,490,213.6 barrels/day = 6.7489 Gb/ year *2
% energy consumption from petroleum, EIA; 35.1% *3
Total US crude cost = $634.73 billion (consumption x price)
Method 1
Converting $634.73 billion of crude consumed into goods and services required: $634.73/0.2045 = $3.104 trillion.
35.1% x GDP = $5.6733 trillion
Percent of total petroleum dollars used to extract, process, and distribute it:
$3.104 trillion/ $5.673 trillion = 54.7%
So this is a math contest?Futilitist said:This isn't a math contest...
Say something smart about...
Copying and pasting something over and over again does not demonstrate that you have any understanding at all of what you are copying and pasting. Specifically, nowhere in that equation is the most important energy to consider with oil: the chemical energy it contains. The energy due to its temperature is completely irrelevant to anything.You are just wrong, as I have pointed out several times to no avail.
ETP/lbGb=[(mc∗cc+mw∗cw)(TR−TO)mc]/Gb
in which:
1) The mass of crude at time (t) is derived from the cumulative production function,
2) the mass of water is derived from the average % surface water cut (fw) of the reservoir,
3) temperature of the reserve is derived from the well depth. This assumes an earth temperature gradient of 1°F increase per 70 feet of depth.
No, it certainly did not. For one thing, you're referring to the wrong curve and for another, the curve you are referring to wasn't constructed/analyzed properly.You keep claiming that there is no relation between thermodynamics and the price of oil. Yet, using only the thermodynamic equation above, the Etp model tracked the yearly average oil price from 1960-2013 with an accuracy of 96.5%! That is pretty amazing. It can't be a coincidence. How do you explain this?
No, you were quite explicit that society would start breaking-down by the end of summer, 2013.I did not say that. I was quoting someone else. You clearly know that. So, you are just trying to create confusion rather than have a serious discussion. Intentionally misquoting me is trolling.
Why do I bother? Why do you expect me to bother? You're just trolling, so why do you bother?Do you guys have any serious comments?
I asked if you guys had any serious comments. I did not ask you why you bothered. You just made that up. You have some sort of reading comprehension problem. I don't expect you to bother, Russ.Why do I bother? Why do you expect me to bother? You're just trolling, so why do you bother?
No. Clearly, you wrote that as a way to dismiss my lengthy, serious, well-reasoned posts rather than try to respond to them. I spent a lot of time on those posts. Your dismissiveness is insulting. It's rude. It's trolling.I asked if you guys had any serious comments. I did not ask you why you bothered. You just made that up. You have some sort of reading comprehension problem. I don't expect you to bother, Russ.
It is quite evident that I am serious about the topic I am presenting. You are the troll.
Then why can't the oil companies make a profit with oil under 50 dollars a barrel? Could it be that the cost of oil production just keeps rising? That is the direct result of increasing entropy in the oil production system.
And the Etp model tracked the price of oil from 1960-2013 with an accuracy of 96.5%.
So, the model keeps working even if you keep claiming that it can't possibly work. Is it possible that you might be wrong?
---Futilitist
go back and re-read everything on this topic of what i already typed.Give me a clue and I shall dilligently research it, I promise.
ahh yes, yes.. more elementary minded comments.If you have nothing to add, I would suggest that you are the one looking in the mirror, while uttering those meaningless words.
p.s. "The greatest shortcoming of the human race is the inability to understand the Exponential Function".
Albert Bartlett, Professor Emeritus (physics).