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Prisoner#1
Even Dumber ThanAdvertized!


Registered: 01/22/03
Posts: 193,665
Loc: Pvt. Pubfag NutSuck
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Re: It's called PEAK OIL, goobler [Re: RandalFlagg]
#5678129 - 05/26/06 07:35 PM (17 years, 8 months ago) |
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Quote:
RandalFlagg said: I grew up about 20 minutes away from the town that had the first successful oil well in the world.
I drank gasoline
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Microcosmatrix
Spiral staircasetechnician


Registered: 10/20/05
Posts: 11,293
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Re: It's called PEAK OIL, goobler [Re: Prisoner#1]
#5678220 - 05/26/06 08:01 PM (17 years, 8 months ago) |
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You drank the reserves!!
I wouldn't worry too much about all of this, we can always tear up the interstates and make more oil for tanks and fighter jets.
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TheDude
is waiting forthe peak

Registered: 04/15/03
Posts: 2,876
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Re: It's called PEAK OIL, goobler [Re: Prisoner#1]
#5678328 - 05/26/06 08:35 PM (17 years, 8 months ago) |
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Quote:
Prisoner#1 said: my statement was similar to Huberts in our time to finality, maybe I should have been more clear, the 'crisis' of the 70's would have had us dipping more heavily into our reserves, ours should have been depleted earlier.
it's all still a scam, just as it was in the 70's
What are you talking about? The US couldn't dip into its known reserves because domestic production had peaked in the later part of 1970. After that point, less energy was acquired with every passing year, regardless of how badly they wanted to produce more. That was three years before the oil embargo occurred, thus making it impossible for the US to "dip more heavily into their reserves". They're already dipping as fast as they can, and it isn't enough! 1973-74 illustrated just how dependent the US is on foreign sources of oil.
But if you want to talk about the Strategic Petroleum Reserve its a joke, it only has about a month's supply of oil in there. It will barely put a dent in global peak oil...
-------------------- "this lebowski he called himself 'the dude'. now, 'dude', that's a name no one would self-apply where i come from but there was a lot about the dude that didn't make sense to me...."--the Stranger
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Microcosmatrix
Spiral staircasetechnician


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Re: It's called PEAK OIL, goobler [Re: TheDude]
#5678333 - 05/26/06 08:36 PM (17 years, 8 months ago) |
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Sounds like fun! People will come outside again!
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trendal
J♠


Registered: 04/17/01
Posts: 20,815
Loc: Ontario, Canada
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Re: It's called PEAK OIL, goobler [Re: Prisoner#1]
#5678337 - 05/26/06 08:37 PM (17 years, 8 months ago) |
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No you've missed the whole idea of "peak" oil.
After peaking, you can't pump oil out of a well or field any faster than you did at peak. That's what the peak is - the max rate of production you will ever hit for a given well, field, or group of fields (like a country). There is a limit to how fast oil can be pumped from the ground, it's not a matter of just running the pumps faster or opening the faucet.
So just because you have reserves doesn't mean you can use them - you can only use oil that's already been pumped, even though the oil you haven't gotten to yet is considered "in reserve".
All the wells that have been drilled in the continental US since 1971 have only served to offset the decline in production:

It's not that they've capped off the wells (they cap the ones that are done producing)...they just couldn't pump the oil fast enough to use it all up by now.
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Once, men turned their thinking over to machines in the hope that this would set them free. But that only permitted other men with machines to enslave them.
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Kerbouchard
Stranger


Registered: 03/18/06
Posts: 9,823
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Re: It's called PEAK OIL, goobler [Re: trendal]
#5678350 - 05/26/06 08:41 PM (17 years, 8 months ago) |
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peak oil, peak orgasm, same thing.
Those old croney fucks in Washington are running out of sperm, so they load their children up on the ideas of the destruction that could be brought about by the global realization that we JUST MIGHT run out of oil.
-------------------- "War Doesn't Decide Who's Right... It Decides Who's Left."
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Microcosmatrix
Spiral staircasetechnician


Registered: 10/20/05
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Re: It's called PEAK OIL, goobler [Re: trendal]
#5678362 - 05/26/06 08:46 PM (17 years, 8 months ago) |
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So what does the production graph for the middle east lookin' like? Got one of those handy too? Just curious how much our good ole' arab buddies have left.
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trendal
J♠


Registered: 04/17/01
Posts: 20,815
Loc: Ontario, Canada
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No, they like to keep their numbers secret 
I got the data for that graph from the US Department of Energy, which is nice enough to publish their numbers to the public.
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Once, men turned their thinking over to machines in the hope that this would set them free. But that only permitted other men with machines to enslave them.
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Microcosmatrix
Spiral staircasetechnician


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Re: It's called PEAK OIL, goobler [Re: trendal]
#5678380 - 05/26/06 08:51 PM (17 years, 8 months ago) |
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Damn. One should be able to infer that they realize that they are running low based on their actions.
How much possible space is there in the ground that could contain oil in the middle east? Has anyone ever tried to estimate the world's supply?
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trendal
J♠


Registered: 04/17/01
Posts: 20,815
Loc: Ontario, Canada
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Yeah the world's total supply, before any of it was pumped, is estimated at around 2 - 2.5 trillion barrels of "conventional" crude oil.
We've pumped about a trillion barrels of oil since it was first discovered, so we're somewhere around half of the estimate.
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Once, men turned their thinking over to machines in the hope that this would set them free. But that only permitted other men with machines to enslave them.
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Microcosmatrix
Spiral staircasetechnician


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Re: It's called PEAK OIL, goobler [Re: trendal]
#5678403 - 05/26/06 08:58 PM (17 years, 8 months ago) |
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And our use is rising exponantially. So while we may have 1.5 trillion barrels left, it all comes up at the usual rate, and is about to probably start declining if it hasn't already done so... While we are using more and more of it.
Interesting opposition of forces there. How long do you think before lack of supply starts seriously crashing demand? Interefering with the delivery of groceries to supermarkets, etc. etc.?
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Prisoner#1
Even Dumber ThanAdvertized!


Registered: 01/22/03
Posts: 193,665
Loc: Pvt. Pubfag NutSuck
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Re: It's called PEAK OIL, goobler [Re: trendal]
#5678405 - 05/26/06 08:58 PM (17 years, 8 months ago) |
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Quote:
trendal said: After peaking, you can't pump oil out of a well or field any faster than you did at peak. That's what the peak is - the max rate of production you will ever hit for a given well, field, or group of fields (like a country). There is a limit to how fast oil can be pumped from the ground, it's not a matter of just running the pumps faster or opening the faucet.
well then the peak could increase with higher volume pumps, as new technology becomes available it can be implemented to pump faster therefore we can hit new peaks every few years... therefore theres never a shortage, our wells will never run dry 
Quote:
So just because you have reserves doesn't mean you can use them - you can only use oil that's already been pumped, even though the oil you haven't gotten to yet is considered "in reserve".
reserves can be use too discribe already pumped oil as well as wells that are capable of producing but not yet being pumped, the oil still has to be refined in order to be usable, otherwise it's 'crude'.
Quote:
It's not that they've capped off the wells (they cap the ones that are done producing)...they just couldn't pump the oil fast enough to use it all up by now.
they cap wells that can produce billions of barrels as well, not just dead ones, 'dry' wells arent dry, they're full of water with traces of crude.
Quote:
* As a shareholder I also know that of all the oil ever known to exist in the Texas and Oklahoma oil fields, only one-third has been removed from the ground, with the remaining two-thirds still in the ground. Why? Because it is cheaper to buy Saudi Arabian oil. When the world price of oil goes up, the oil industry will bring their Texas/Oklahoma oil out of the ground. So again, we do not need more oil in America. All we need is already here in capped oil wells." --Sam Booher, a shareholder in ExxonMobil, Phillips Petroleum Company and BP-Amoco Oil Companies and chairman of the Georgia Chapter of the Sierra Club. Oil and Gas Reporter, September 1, 2001 http://www.oilandgasreporter.com/stories/090101/cov_opinions.shtml
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Microcosmatrix
Spiral staircasetechnician


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Re: It's called PEAK OIL, goobler [Re: Prisoner#1]
#5678414 - 05/26/06 09:00 PM (17 years, 8 months ago) |
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Quote:
well then the peak could increase with higher volume pumps, as new technology becomes available it can be implemented to pump faster therefore we can hit new peaks every few years... therefore theres never a shortage
I think it has to seep through the rocks to be pumped out,and that happens at a certain rate. it's not like there's a big huge swimming pool of oil underground.
Quote:
our wells will never run dry
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Prisoner#1
Even Dumber ThanAdvertized!


Registered: 01/22/03
Posts: 193,665
Loc: Pvt. Pubfag NutSuck
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you might be suprised, the reason mid east oil is so cheap is because they can poke a stick in the ground and hit oil, no real drilling involved, theirs is 'surface' oil, ours is under rock, usualy in large pockets
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trendal
J♠


Registered: 04/17/01
Posts: 20,815
Loc: Ontario, Canada
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How long do you think before lack of supply starts seriously crashing demand? Interefering with the delivery of groceries to supermarkets, etc. etc.?
I think demand destruction has already started, to some extent, but I'm not sure if or when it will come to supermarkets not having food. Pay attention to the energy situation of the poorer countries, they'll be the first to suffer while the price goes up.
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Once, men turned their thinking over to machines in the hope that this would set them free. But that only permitted other men with machines to enslave them.
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TheDude
is waiting forthe peak

Registered: 04/15/03
Posts: 2,876
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Quote:
Microcosmatrix said: Damn. One should be able to infer that they realize that they are running low based on their actions.
Actually, they realize they have the US by the balls because even though they're running low themselves, its the last of it left. Check out what Hugo Chavez has been saying about the US lately and recall Ahmadinejad's proclamation that the Holocaust is a myth. These leaders know they can get away with outrageous statements because of the US dependency on their oil.
-------------------- "this lebowski he called himself 'the dude'. now, 'dude', that's a name no one would self-apply where i come from but there was a lot about the dude that didn't make sense to me...."--the Stranger
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Prisoner#1
Even Dumber ThanAdvertized!


Registered: 01/22/03
Posts: 193,665
Loc: Pvt. Pubfag NutSuck
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Re: It's called PEAK OIL, goobler [Re: trendal]
#5678456 - 05/26/06 09:10 PM (17 years, 8 months ago) |
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Quote:
trendal said: Pay attention to the energy situation of the poorer countries, they'll be the first to suffer while the price goes up.
would you consider Iran to be a poorer country?
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Microcosmatrix
Spiral staircasetechnician


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Re: It's called PEAK OIL, goobler [Re: trendal]
#5678463 - 05/26/06 09:12 PM (17 years, 8 months ago) |
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Everyone will pay, the poorest will be hit hardest until the poor can't afford energy at all. Next will come the middle class, and that's when the fun starts.
5 gallons? That will be $487.50 please.
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trendal
J♠


Registered: 04/17/01
Posts: 20,815
Loc: Ontario, Canada
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Re: It's called PEAK OIL, goobler [Re: Prisoner#1]
#5678474 - 05/26/06 09:14 PM (17 years, 8 months ago) |
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Sorry, I should have said "poorer oil-importing countries".
Iran can produce more oil than it can use and then some, it doesn't have an energy problem.
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Once, men turned their thinking over to machines in the hope that this would set them free. But that only permitted other men with machines to enslave them.
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Microcosmatrix
Spiral staircasetechnician


Registered: 10/20/05
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Re: It's called PEAK OIL, goobler [Re: trendal]
#5678487 - 05/26/06 09:19 PM (17 years, 8 months ago) |
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I'm savin' my acid for the PEAK OIL riots!!!
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