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Re: Normal Abnormal 

By: Decomposed in 6TH POPE | Recommend this post (1)
Tue, 14 Jun 22 4:02 AM | 35 view(s)
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Msg. 32842 of 60008
(This msg. is a reply to 32839 by Zimbler0)

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Zimbler0:

Re: “But I do know that President Trump demonstrated that these United States could produce enough oil to be a net oil exporter. In other words, 'peak oil' has nothing to do with our problems.”
I think your logic is bad. 'Peak oil' doesn't mean that we're out of or low on oil. It means that the calories expended in getting it (including ancillary costs like refining the oil... and unplanned expenses (cleanup, lawsuits, etc.) when accidents happen) approaches the calories in what's extracted. In short, it's not worth pursuing. I'm sure you know that these oil exploration companies are sometimes drilling MILES. That's incredibly expensive, and the wells are sometimes a bust. When they aren't a bust, they sometimes don't last too long.

My understanding is that the EXTRACTED/EXPENDED ratio used to be well over one hundred. Maybe two hundred. It's now ten, maybe even five, and it is quickly falling.

That's the concern.








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Gold is $1,581/oz today. When it hits $2,000, it will be up 26.5%. Let's see how long that takes. - De 3/11/2013 - ANSWER: 7 Years, 5 Months


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The above is a reply to the following message:
Re: Normal Abnormal
By: Zimbler0
in 6TH POPE
Tue, 14 Jun 22 3:46 AM
Msg. 32839 of 60008

Decomposed > When fiz was here, he argued that Peak Oil is the cause of all the turmoil. I don't know to what extent he's right. It might not be causing any of the turmoil. It might be causing a lot. But it sure isn't causing all of this stupidity. The debt, the [lack of] values and the idiots are doing their share.


I agree with most of what you said De. Now I can't say whether 'peak oil' is here or not . . . But I do know that President Trump demonstrated that these United States could produce enough oil to be a net oil exporter.

In other words, 'peak oil' has nothing to do with our problems. They are entirely the fault of the lying thieving traitorous treasonous demo-rats.

Zim.


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