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Re: Normal Abnormal

By: micro in 6TH POPE | Recommend this post (0)
Tue, 14 Jun 22 1:27 PM | 34 view(s)
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Msg. 32848 of 60008
(This msg. is a reply to 32842 by Decomposed)

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De

several years ago, maybe a decade, there was discussion on some boards here about oil reserves and pools and discussed on some boards..
The information then was that what we knew about the pools that were found in Alaska off shore and in Anwar, and some others were estinmated to have more oil than Saudi Arabia's oil..
Admittedly, I am too lazy to go find those but my brain keeps bringing this back up so its almost refreshed but I can't bring up the details.

That said, ifen the freaking Federal government would getthe BLEEP out of the way and let the energy companies do their jobs and make a profit we would soon be gushing with plenty of oil and reserves and the national reserves built back up like they were under Trump..

I am not buying for one second that all we have is very limited. Limited by what? The Federal government and environmenntal whackos keeping us from using those pools that had been discovered. We have more oil than we would ever need if ya just get out of the way and stop prohibiting the energy companies from pumping it.


Wish I could remember all of that. I just can't...Too much water under the bridge from then till now..

Everyone can believe what they want and think what they want. Its how ideas are shared... I only wish we did not have a government that was diametrically opposed to the people of the UNited States and doing all it can to suppress our energy producing capabilities, while simultaneously trying to get th epopulation out of owning homes and into government run apartments.....

DID not believe I would see tis in my lifetime but it is here and very real...




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The above is a reply to the following message:
Re: Normal Abnormal
By: Decomposed
in 6TH POPE
Tue, 14 Jun 22 4:02 AM
Msg. 32842 of 60008

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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