Or maybe they are just preventing a very horrifying outcome ... because of this:
Conventional Oil Sources peaked in 2008 and the Shale binge has now spoiled US reserves, top investor warns Financial Times.
Preface. Conventional crude oil production may have already peaked in 2008 at 69.5million barrels per day (mb/d) according to Europe’s International Energy Agency (IEA 2018 p45). The U.S. Energy Information Agency shows global peak crude oil production at a later date in 2018 at 82.9mb/d (EIA 2020) because they included tight oil, oil sands, and deep-sea oil. Though it will take several years of lower oil production to be sure the peak occurred. Regardless, world production has been on a plateau since 2005.
What’s saved the world from oil decline was unconventional tight “fracked” oil, which accounted for 63% of total U.S. crude oil production in 2019 and 83% of global oil growth from 2009 to 2019. So it’s a big deal if we’ve reached the peak of fracked oil, because that is also the peak of both conventional and unconventional oil and the decline of all oil in the future.
This is all not true. Reports are typed in and will have whatever they want. The facts are:
The military does not care about peak oil. If they really wanted to phase out fossil fuels, we will hear thousands of messages like “Our Army has just made an Abrams prototype which would run on 100 liters of regular gas for 2,000 miles” (at present: 2 gallons per each mile in terrain).
The military, in every country of the world, is the largest consumer of fossil fuels and the largest generator of CO2 and dozens of toxic chemicals emitted into the air. Nobody is worried about it. Nobody cares about it.
F-35 is even better: “…22 gallons of jet fuel per minute, 1,340 gallons an hour. Altogether, the F-35A training flights from the runway in South Burlington Vermont burn between 4.7 and 9.4 million gallons of jet fuel and emit between 100 million and 200 million pounds of CO2 per year. That is the equivalent of the annual emissions of 10,000 to 20,000 passenger cars.” [https://is.gd/yDfSIt]
They can limit production and/or trade, this we may be sure, as it will instantly help to earn $$ millions on stock price manipulation - without any supervision whatsoever. Which is another reason why they will not withdraw fossil fuels from use.
We - common people - should never refer to metrics which we cannot verify or even measure. It’s like talking about Baba Yaga as a serious candidate for the office.
If you want to go there, try to check it. I did, and I calculated CO2 contents on the basis of public sources. The result: it is not a decoy, it is a blatant lie. See here: https://thepathishere.substack.com/p/net-zero-myth
Plus, to be serious, we have to get rid of presuppositions and unproven concepts: global warming - a) impossible to determine, b) debunked by real climate scientists long ago; ozone destruction - a fairy tale inspired at a certain time and disappeared when the public was lied enough to; rockets and jets impact on the atmosphere - we have no idea about it because nobody reports it. All three items are great for fear mongering and for dragging people away from hard science based on observations and reliable measurements.
Soooo many people get sucked in so easily by the media which by the way is fully controlled; directed as it were, with an agenda of deception. Wanna believe in something outstanding? Believe that! Then spend your energies trying to find the "core" motive behind the scenes. It's not that difficult to ascertain.
or maybe humans aren't causing it at all! Maybe it's the sun. Maybe it's the internal heat of the earth's core that comes to the surface to a greater extent at times due to the currents in the molten core. The climate has been changing, getting colder for thousands of years, then getting warmer for thousands of years, long before humans discovered fossil fuels.
My personal favourite theory is based on the alignment of our spiritual galaxy. Well not exactly. It turns out that the universe is a spiritual universe as far as we can tell (we don’t know beyond what we can see). So our spiritual galaxy apparently on its course goes through the magnetic alignment of the universe flipping the poles.
Note the increased internal heat. Now if gravitational alignment is part of what causes internal heat then that would explain to some degree the wildly moving North Pole. And could possibly be showing the universal gravitational alignment.
Love that one.
But the blasting apart of the ozone layer is most probably a big contributor. The sun is supposed to feel like love on the earth surface.
Humans (if that is what it is) are definitely causing something through chemtrailing. Calling all scientists to establish what exactly - anybody in there?
If you live in a cold zone, like anywhere except at the Equator, you need to have power source to heat the place, cook food, dry washed items. One power source is stupid - like electricity only. Two electricity sources are ok, like natural gas + electricity. Three are great - electricity + NG + coal.
Four power sources are normal and reasonable: electricity + NG + coal + wood.
This is how the countryside lives. It is reasonable, flexible, reliable.
Anything below this means the Acquired Stupidity Syndrome.
PS. Maybe because… one penetrating round (from a drone) into the battery compartment of one hybrid vehicle = end of the war. The military won’t allow it. If it happens to you, it’s ok. Logical, right?
I have never done that, so I don’t know. Probably for the same reason as in any other business. Make it big, make it international, involve high VIPs, and repeat in as many places as you can. Multiple untraceable streams of unaccounted revenues.
Or maybe... it's because ... we are running out of all other sources...
Conventional Oil Sources peaked in 2008 and the Shale binge has now spoiled US reserves, top investor warns Financial Times.
Preface. Conventional crude oil production may have already peaked in 2008 at 69.5million barrels per day (mb/d) according to Europe’s International Energy Agency (IEA 2018 p45). The U.S. Energy Information Agency shows global peak crude oil production at a later date in 2018 at 82.9mb/d (EIA 2020) because they included tight oil, oil sands, and deep-sea oil. Though it will take several years of lower oil production to be sure the peak occurred. Regardless, world production has been on a plateau since 2005.
What’s saved the world from oil decline was unconventional tight “fracked” oil, which accounted for 63% of total U.S. crude oil production in 2019 and 83% of global oil growth from 2009 to 2019. So it’s a big deal if we’ve reached the peak of fracked oil, because that is also the peak of both conventional and unconventional oil and the decline of all oil in the future.
This becomes a separate off-topic. I won’t continue here.
Even if… So what? There will be no liquid or gas fuel, great. We don’t need it. There will be no sufficient electricity, either, because in many industries traditional fuels simply cannot be replaced due to technological reasons. We don’t need it, either. We will finally live in harmony with Nature, getting up in the morning, getting sleep in the evening, no stupid smartphones, no stupid advertising, no wars, no destruction of the environment. This will be real progress.
Sounds good on the novelist's glossy paper-back cover, but it's not going to end that way. If there were no supernatural intervention, it might, over thousands of years, "evolve" into a "simple" structured society after 95% of the population died, but that too is a wild assumption, since people have been effected with the knowledge of good and evil, and inherently are competitive.
The history of this world has already been determined. Read the "back of the book" and see for yourself that it will require a "make-over" after a thorough "fire-cleanse" in order to establish peace, safety, love and unity in Truth. Evil must be eradicated both root and branch, and the ONLY way that can potentially occur, is through supernatural means by way of the Creator's Will toward a peaceful universe, void of sin, corruption, and all types of evil.
We have 8B people .. who are fed because of petro chemical fertilizers... we don't need them??? hahaha
And how do you manage these ...
There are 4000 Spent Fuel Ponds Around the Globe…
If you don’t cool the spent fuel, the temperature will rise and there may be a swift chain reaction that leads to spontaneous combustion–an explosion and fire of the spent fuel assemblies. Such a scenario would emit radioactive particles into the atmosphere. Pick your poison. Fresh fuel is hotter and more radioactive, but is only one fuel assembly. A pool of spent fuel will have dozens of assemblies.
One report from Sankei News said that there are over 700 fuel assemblies stored in one pool at Fukushima. If they all caught fire, radioactive particles—including those lasting for as long as a decade—would be released into the air and eventually contaminate the land or, worse, be inhaled by people. “To me, the spent fuel is scarier. All those spent fuel assemblies are still extremely radioactive,” Dalnoki-Veress says.
It has been known for more than two decades that, in case of a loss of water in the pool, convective air cooling would be relatively ineffective in such a “dense-packed” pool. Spent fuel recently discharged from a reactor could heat up relatively rapidly to temperatures at which the zircaloy fuel cladding could catch fire and the fuel’s volatile fission product, including 30-year half-life Cs, would be released. The fire could well spread to older spent fuel. The long-term land-contamination consequences of such an event could be significantly worse than those from Chernobyl.
Japan’s chief cabinet secretary called it “the devil’s scenario.” Two weeks after the 11 March 2011 earthquake and tsunami devastated the Fukushima Daiichi Nuclear Power Plant, causing three nuclear reactors to melt down and release radioactive plumes, officials were bracing for even worse. They feared that spent fuel stored in pools in the reactor halls would catch fire and send radioactive smoke across a much wider swath of eastern Japan, including Tokyo.
The Chernobyl accident was relatively minor, involved no spent fuel ponds, and was controlled by pouring cement onto the reactor. This was breaking down so a few years back they re-entombed.
Estimates of the cancer burden in Europe from radioactive fallout from the Chernobyl accident
However, many of the radioactive elements in spent fuel have long half-lives. For example, plutonium-239 has a half-life of 24,000 years, and plutonium-240 has a half-life of 6,800 years. Because it contains these long half-lived radioactive elements, spent fuel must be isolated and controlled for thousands of years.
Ahhh, you worry about nothing! The wizards in charge have securely isolated the dangers; put them in sealed 55 gal. drums, and dumped them into the salty ocean.
The intent was sarcasm. They DO already dump 55's in the ocean! Can you imagine the vast vacancy of logic that must occur in some people's brains? It seems to me that radio-active material is included here. I can't be positive, since it was vaguely remembered by way of a video years ago. But who doubts such things, when the many cruise ships regularly or at least used to dump all their garbage in the sea before coming to port? Insanity on stage!
You work with what you have. The cost profile is very different from conventional or fracked oil, with prolonged depletion. It became economically viable when the marginal cost per barrel was above US$30 and selling price above that, particularly in a (manipulated) low interest environment for capital costs.
According to the OECD Economics Department and the International Monetary Fund Research Department, a sustained $10 per barrel increase in oil prices from $25 to $35 would result in the OECD as a whole losing 0.4% of GDP in the first and second years of higher prices. http://www.iea.org/textbase/npsum/high_oil04sum.pdf
HOW HIGH OIL PRICES WILL PERMANENTLY CAP ECONOMIC GROWTH
SEE PAGE 59 - THE PERFECTSTORM : The economy is a surplus energy equation, not a monetary one, and growth in output (and in the global population) since the Industrial Revolution has resulted from the harnessing of ever-greater quantities of energy. Butt he critical relationship between energy production and the energy cost of extraction is now deteriorating so rapidly that the economy as we have known it for more than two centuries is beginning to unravel https://ftalphaville-cdn.ft.com/wp-content/uploads/2013/01/Perfect-Storm-LR.pdf
Yes, I very much agree with this. (We eat diesel!)
I try to equate wealth with energy and liked an explanation of the price of gold as a reflection of the energy used to discover, mine, and refine it- gold above ground as a store of energy. I am trying to understand the value of Bitcoin on a similar basis, otherwise it is just a squandering of energy, as is the production of ethanol to add to gasoline.
It is challenging to assess the cost of nuclear energy due to the regulatory burden, although my Cameco shares have finally broken out. Coal to electricity is a bit easier, except the pollution cost (not the CO2 emission) is a bit more difficult to quantify.
I do worry that we are driving toward a cliff, but I cannot see clearly how far ahead it is. There is a tremendous amount of wealth on the surface of the planet now which will not disappear as energy becomes more expensive, but I do note the attempts by globalists and "elites" to suppress the energy wealth of the proletariat. I am minded of the Roman "Equestrian Class" when I observe the "Tesla Class" in various North American cities.
You all have to stop thinking about oil (hydrocarbons) and “fossils” as related; they are not. Hydrocarbons are abiotic and perpetual. We will never run out of oil - it is the second most plentiful liquid on the planet behind water. Rockefeller paid a lot of money to instill the notion of oil as a byproduct of decaying plant/animal life, and saw that the word “fossil” was attached to “fuel” to imply scarcity and promote higher profits. He manipulated the energy environment as he did medicine, doing much to pervert both, damaging humans and human health in the process. We’ve been at the mercy of psychopathic billionaires for a very long time. Look up Fletcher Prouty for more on “fossil” fuel ….
If you actually believe this ... then you are mentally ill.... and your ability to think is on par with that of a person who believes Covid vaccines are safe and effective
All those hydrocarbons on Jupiter's moon Titan... Are they due to space dinosaurs and vacuum forests? You reject the 'safe and effective' jibjab mass media / corporate pharma claim (it's a depop cull) but you outright reject the notion that the masses might not be told the truth about hydrocarbons by corporate oil and gas... then quote the same mass media that propagandized the mRNA shitfuckery and accuse someone else of being mentally ill for not buying into 'peak oil'...
Come on - remember that man survived for many many years before the discovery of electricity. We are not done for. But maybe the evil creatures' plans are!!!
We didn't grow all of our food using finite petro chemicals --- which btw ruin the soil - you cannot grow jack shit in soil fertilized with this stuff - without years of soil repair...
But the best -- is the spent fuel ponds... those are the coup de grace.... cancer for everyone
Did I mention a cousin is an engineer - head of safety at a plant in Canada... I've spoken to him about this ... if they are not cooled... in his words 'we are f789ed'
If 4000 of then are not cooled... do the math --- half life 24000 years
Really? Strange, then how "oil-tar" can be synthetically produced in the lab from wood (plant matter) using a tremendous amount of pressure and heat for a very short time. Same goes for diamonds or zircons. Why have you not heard this before? I'll tell you why: Because then they'd have to shed their prideful "long-ages" narrative and face the REAL reason behind pressurized oil deposits, coal seams, and other major geological "oddities" which are found nearly everywhere, even beneath the oceans across the globe. Noah's Flood (actually God's Flood) answers just about every anomaly found to be a head scratcher.
Wanna change world-views a pinch? Need to find some comfort regarding the future? Try beginning with unveiling false science, and progress from there to "flood-geology" and be liberated from all of the propaganda spewed forth like a volcanic eruption into the atmosphere of society. You'll be amazed if not floored!
"Mother" earth uses all-natural skin-care products to enhance her "oily skin!" which somehow sinks to major depths and collects in pools of pressurized tar. (sorry, I'm having too much fun today!)
('Never a shortage of knowledgeable MSM educated "professors" out there, who KNOW what's happening! And have ample repair models contrived to accomplish every repair!)
Because Carbon Taxes require carbon. It is a big scam. This was planned after WW2, and implemented in the West. They wrote that Carbon taxes were going to be used ro pay for the one-world government. This was laid out in the book "Limits of Growth", published in 1968 I think.
Or maybe they are just preventing a very horrifying outcome ... because of this:
Conventional Oil Sources peaked in 2008 and the Shale binge has now spoiled US reserves, top investor warns Financial Times.
Preface. Conventional crude oil production may have already peaked in 2008 at 69.5million barrels per day (mb/d) according to Europe’s International Energy Agency (IEA 2018 p45). The U.S. Energy Information Agency shows global peak crude oil production at a later date in 2018 at 82.9mb/d (EIA 2020) because they included tight oil, oil sands, and deep-sea oil. Though it will take several years of lower oil production to be sure the peak occurred. Regardless, world production has been on a plateau since 2005.
What’s saved the world from oil decline was unconventional tight “fracked” oil, which accounted for 63% of total U.S. crude oil production in 2019 and 83% of global oil growth from 2009 to 2019. So it’s a big deal if we’ve reached the peak of fracked oil, because that is also the peak of both conventional and unconventional oil and the decline of all oil in the future.
Some key points from this Financial Times article: https://energyskeptic.com/2021/the-end-of-fracked-shale-oil/
This is all not true. Reports are typed in and will have whatever they want. The facts are:
The military does not care about peak oil. If they really wanted to phase out fossil fuels, we will hear thousands of messages like “Our Army has just made an Abrams prototype which would run on 100 liters of regular gas for 2,000 miles” (at present: 2 gallons per each mile in terrain).
The military, in every country of the world, is the largest consumer of fossil fuels and the largest generator of CO2 and dozens of toxic chemicals emitted into the air. Nobody is worried about it. Nobody cares about it.
F-35 is even better: “…22 gallons of jet fuel per minute, 1,340 gallons an hour. Altogether, the F-35A training flights from the runway in South Burlington Vermont burn between 4.7 and 9.4 million gallons of jet fuel and emit between 100 million and 200 million pounds of CO2 per year. That is the equivalent of the annual emissions of 10,000 to 20,000 passenger cars.” [https://is.gd/yDfSIt]
They can limit production and/or trade, this we may be sure, as it will instantly help to earn $$ millions on stock price manipulation - without any supervision whatsoever. Which is another reason why they will not withdraw fossil fuels from use.
And the CO2 appears to be a decoy from something that does cause global warming. Ozone destruction by rockets and high altitude jets.
We - common people - should never refer to metrics which we cannot verify or even measure. It’s like talking about Baba Yaga as a serious candidate for the office.
If you want to go there, try to check it. I did, and I calculated CO2 contents on the basis of public sources. The result: it is not a decoy, it is a blatant lie. See here: https://thepathishere.substack.com/p/net-zero-myth
Plus, to be serious, we have to get rid of presuppositions and unproven concepts: global warming - a) impossible to determine, b) debunked by real climate scientists long ago; ozone destruction - a fairy tale inspired at a certain time and disappeared when the public was lied enough to; rockets and jets impact on the atmosphere - we have no idea about it because nobody reports it. All three items are great for fear mongering and for dragging people away from hard science based on observations and reliable measurements.
Wisdom in print! Thank you, Dan!
Soooo many people get sucked in so easily by the media which by the way is fully controlled; directed as it were, with an agenda of deception. Wanna believe in something outstanding? Believe that! Then spend your energies trying to find the "core" motive behind the scenes. It's not that difficult to ascertain.
R
or maybe humans aren't causing it at all! Maybe it's the sun. Maybe it's the internal heat of the earth's core that comes to the surface to a greater extent at times due to the currents in the molten core. The climate has been changing, getting colder for thousands of years, then getting warmer for thousands of years, long before humans discovered fossil fuels.
My personal favourite theory is based on the alignment of our spiritual galaxy. Well not exactly. It turns out that the universe is a spiritual universe as far as we can tell (we don’t know beyond what we can see). So our spiritual galaxy apparently on its course goes through the magnetic alignment of the universe flipping the poles.
Note the increased internal heat. Now if gravitational alignment is part of what causes internal heat then that would explain to some degree the wildly moving North Pole. And could possibly be showing the universal gravitational alignment.
Love that one.
But the blasting apart of the ozone layer is most probably a big contributor. The sun is supposed to feel like love on the earth surface.
Humans (if that is what it is) are definitely causing something through chemtrailing. Calling all scientists to establish what exactly - anybody in there?
Those are possibly the most dangerous people on earth now. The people who will mess with things in nature. Crazy.
I belive armored fighting vehicles can have hybrid power plants. Why isn't this happening?
Common sense.
If you live in a cold zone, like anywhere except at the Equator, you need to have power source to heat the place, cook food, dry washed items. One power source is stupid - like electricity only. Two electricity sources are ok, like natural gas + electricity. Three are great - electricity + NG + coal.
Four power sources are normal and reasonable: electricity + NG + coal + wood.
This is how the countryside lives. It is reasonable, flexible, reliable.
Anything below this means the Acquired Stupidity Syndrome.
PS. Maybe because… one penetrating round (from a drone) into the battery compartment of one hybrid vehicle = end of the war. The military won’t allow it. If it happens to you, it’s ok. Logical, right?
Can you explain why we steam oil out of sand... if there is so much easy oil remaining.
I have never done that, so I don’t know. Probably for the same reason as in any other business. Make it big, make it international, involve high VIPs, and repeat in as many places as you can. Multiple untraceable streams of unaccounted revenues.
Or maybe... it's because ... we are running out of all other sources...
Conventional Oil Sources peaked in 2008 and the Shale binge has now spoiled US reserves, top investor warns Financial Times.
Preface. Conventional crude oil production may have already peaked in 2008 at 69.5million barrels per day (mb/d) according to Europe’s International Energy Agency (IEA 2018 p45). The U.S. Energy Information Agency shows global peak crude oil production at a later date in 2018 at 82.9mb/d (EIA 2020) because they included tight oil, oil sands, and deep-sea oil. Though it will take several years of lower oil production to be sure the peak occurred. Regardless, world production has been on a plateau since 2005.
What’s saved the world from oil decline was unconventional tight “fracked” oil, which accounted for 63% of total U.S. crude oil production in 2019 and 83% of global oil growth from 2009 to 2019. So it’s a big deal if we’ve reached the peak of fracked oil, because that is also the peak of both conventional and unconventional oil and the decline of all oil in the future.
Some key points from this Financial Times article: https://energyskeptic.com/2021/the-end-of-fracked-shale-oil/
Eddy, calm down... There's always Hydrogen. It's quite abundant...
And there's a lot of this https://www.bbc.com/future/article/20181119-why-flammable-ice-could-be-the-future-of-energy
And about hydrogen... https://thehonestsorcerer.substack.com/p/white-hydrogen-lies
Meanwhile ... we continue to desperately steam oil from sand
This becomes a separate off-topic. I won’t continue here.
Even if… So what? There will be no liquid or gas fuel, great. We don’t need it. There will be no sufficient electricity, either, because in many industries traditional fuels simply cannot be replaced due to technological reasons. We don’t need it, either. We will finally live in harmony with Nature, getting up in the morning, getting sleep in the evening, no stupid smartphones, no stupid advertising, no wars, no destruction of the environment. This will be real progress.
Sounds good on the novelist's glossy paper-back cover, but it's not going to end that way. If there were no supernatural intervention, it might, over thousands of years, "evolve" into a "simple" structured society after 95% of the population died, but that too is a wild assumption, since people have been effected with the knowledge of good and evil, and inherently are competitive.
The history of this world has already been determined. Read the "back of the book" and see for yourself that it will require a "make-over" after a thorough "fire-cleanse" in order to establish peace, safety, love and unity in Truth. Evil must be eradicated both root and branch, and the ONLY way that can potentially occur, is through supernatural means by way of the Creator's Will toward a peaceful universe, void of sin, corruption, and all types of evil.
R
Wow. That's hall of fame quote stuff.
We have 8B people .. who are fed because of petro chemical fertilizers... we don't need them??? hahaha
And how do you manage these ...
There are 4000 Spent Fuel Ponds Around the Globe…
If you don’t cool the spent fuel, the temperature will rise and there may be a swift chain reaction that leads to spontaneous combustion–an explosion and fire of the spent fuel assemblies. Such a scenario would emit radioactive particles into the atmosphere. Pick your poison. Fresh fuel is hotter and more radioactive, but is only one fuel assembly. A pool of spent fuel will have dozens of assemblies.
One report from Sankei News said that there are over 700 fuel assemblies stored in one pool at Fukushima. If they all caught fire, radioactive particles—including those lasting for as long as a decade—would be released into the air and eventually contaminate the land or, worse, be inhaled by people. “To me, the spent fuel is scarier. All those spent fuel assemblies are still extremely radioactive,” Dalnoki-Veress says.
It has been known for more than two decades that, in case of a loss of water in the pool, convective air cooling would be relatively ineffective in such a “dense-packed” pool. Spent fuel recently discharged from a reactor could heat up relatively rapidly to temperatures at which the zircaloy fuel cladding could catch fire and the fuel’s volatile fission product, including 30-year half-life Cs, would be released. The fire could well spread to older spent fuel. The long-term land-contamination consequences of such an event could be significantly worse than those from Chernobyl.
http://science.time.com/2011/03/15/a-new-threat-in-japan-radioactive-spent-fuel/
Japan’s chief cabinet secretary called it “the devil’s scenario.” Two weeks after the 11 March 2011 earthquake and tsunami devastated the Fukushima Daiichi Nuclear Power Plant, causing three nuclear reactors to melt down and release radioactive plumes, officials were bracing for even worse. They feared that spent fuel stored in pools in the reactor halls would catch fire and send radioactive smoke across a much wider swath of eastern Japan, including Tokyo.
https://energyskeptic.com/2017/the-devils-scenario-near-miss-at-fukushima-is-a-warning-for-u-s/
The Chernobyl accident was relatively minor, involved no spent fuel ponds, and was controlled by pouring cement onto the reactor. This was breaking down so a few years back they re-entombed.
Estimates of the cancer burden in Europe from radioactive fallout from the Chernobyl accident
https://pubmed.ncbi.nlm.nih.gov/16628547/
However, many of the radioactive elements in spent fuel have long half-lives. For example, plutonium-239 has a half-life of 24,000 years, and plutonium-240 has a half-life of 6,800 years. Because it contains these long half-lived radioactive elements, spent fuel must be isolated and controlled for thousands of years.
Ahhh, you worry about nothing! The wizards in charge have securely isolated the dangers; put them in sealed 55 gal. drums, and dumped them into the salty ocean.
We have nothing at all to worry about!
R
That would poison the oceans - first... then due to convection ... it would poison the entire planet...
Nobody survives this... absolutely nobody
The intent was sarcasm. They DO already dump 55's in the ocean! Can you imagine the vast vacancy of logic that must occur in some people's brains? It seems to me that radio-active material is included here. I can't be positive, since it was vaguely remembered by way of a video years ago. But who doubts such things, when the many cruise ships regularly or at least used to dump all their garbage in the sea before coming to port? Insanity on stage!
r
You work with what you have. The cost profile is very different from conventional or fracked oil, with prolonged depletion. It became economically viable when the marginal cost per barrel was above US$30 and selling price above that, particularly in a (manipulated) low interest environment for capital costs.
Have a look at this ...
HIGH PRICED OIL DESTROYS GROWTH
According to the OECD Economics Department and the International Monetary Fund Research Department, a sustained $10 per barrel increase in oil prices from $25 to $35 would result in the OECD as a whole losing 0.4% of GDP in the first and second years of higher prices. http://www.iea.org/textbase/npsum/high_oil04sum.pdf
HOW HIGH OIL PRICES WILL PERMANENTLY CAP ECONOMIC GROWTH
For most of the last century, cheap oil powered global economic growth. But in the last decade, the price of oil production has quadrupled, and that shift will permanently shackle the growth potential of the world’s economies. http://www.bloomberg.com/news/articles/2012-09-23/how-high-oil-prices-will-permanently-cap-economic-growth
SEE PAGE 59 - THE PERFECTSTORM : The economy is a surplus energy equation, not a monetary one, and growth in output (and in the global population) since the Industrial Revolution has resulted from the harnessing of ever-greater quantities of energy. Butt he critical relationship between energy production and the energy cost of extraction is now deteriorating so rapidly that the economy as we have known it for more than two centuries is beginning to unravel https://ftalphaville-cdn.ft.com/wp-content/uploads/2013/01/Perfect-Storm-LR.pdf
Yes, I very much agree with this. (We eat diesel!)
I try to equate wealth with energy and liked an explanation of the price of gold as a reflection of the energy used to discover, mine, and refine it- gold above ground as a store of energy. I am trying to understand the value of Bitcoin on a similar basis, otherwise it is just a squandering of energy, as is the production of ethanol to add to gasoline.
It is challenging to assess the cost of nuclear energy due to the regulatory burden, although my Cameco shares have finally broken out. Coal to electricity is a bit easier, except the pollution cost (not the CO2 emission) is a bit more difficult to quantify.
I do worry that we are driving toward a cliff, but I cannot see clearly how far ahead it is. There is a tremendous amount of wealth on the surface of the planet now which will not disappear as energy becomes more expensive, but I do note the attempts by globalists and "elites" to suppress the energy wealth of the proletariat. I am minded of the Roman "Equestrian Class" when I observe the "Tesla Class" in various North American cities.
Remember Antarctica
You all have to stop thinking about oil (hydrocarbons) and “fossils” as related; they are not. Hydrocarbons are abiotic and perpetual. We will never run out of oil - it is the second most plentiful liquid on the planet behind water. Rockefeller paid a lot of money to instill the notion of oil as a byproduct of decaying plant/animal life, and saw that the word “fossil” was attached to “fuel” to imply scarcity and promote higher profits. He manipulated the energy environment as he did medicine, doing much to pervert both, damaging humans and human health in the process. We’ve been at the mercy of psychopathic billionaires for a very long time. Look up Fletcher Prouty for more on “fossil” fuel ….
If you actually believe this ... then you are mentally ill.... and your ability to think is on par with that of a person who believes Covid vaccines are safe and effective
Hmmm... not refilling:
https://finance.yahoo.com/news/british-energy-production-plunges-record-060000775.html
https://www.reuters.com/markets/commodities/crude-output-mexicos-pemex-slumps-more-than-four-decade-low-2024-03-26/
Oil production in Alaska reaches lowest level in more than 40 years
https://www.eia.gov/todayinenergy/detail.php?id=47696
All those hydrocarbons on Jupiter's moon Titan... Are they due to space dinosaurs and vacuum forests? You reject the 'safe and effective' jibjab mass media / corporate pharma claim (it's a depop cull) but you outright reject the notion that the masses might not be told the truth about hydrocarbons by corporate oil and gas... then quote the same mass media that propagandized the mRNA shitfuckery and accuse someone else of being mentally ill for not buying into 'peak oil'...
Well...
What hydrocarbons on Titan? Might that be another lie?
Along with the biggest lie ever told? https://www.youtube.com/watch?v=KpuKu3F0BvY
Duh
I am waiting for the introduction to the elves in the centre of the Earth who churn out the oil... I want to invest!!!
Once Alaska rejoins Russia, oil will magically recover, too.
Just saying Hello, you Fletcher Prouty-hater!
Come on - remember that man survived for many many years before the discovery of electricity. We are not done for. But maybe the evil creatures' plans are!!!
We didn't grow all of our food using finite petro chemicals --- which btw ruin the soil - you cannot grow jack shit in soil fertilized with this stuff - without years of soil repair...
But the best -- is the spent fuel ponds... those are the coup de grace.... cancer for everyone
Did I mention a cousin is an engineer - head of safety at a plant in Canada... I've spoken to him about this ... if they are not cooled... in his words 'we are f789ed'
If 4000 of then are not cooled... do the math --- half life 24000 years
Oil is a renewable source. More is made all the time by the earth. Calling it fossil fuels was a marketing ploy.
Yes it is renewable but it takes millions of years to form....and we burn 100 million barrels per day.
Meanwhile ... we are desperately steaming oil out of sand....
Really? Strange, then how "oil-tar" can be synthetically produced in the lab from wood (plant matter) using a tremendous amount of pressure and heat for a very short time. Same goes for diamonds or zircons. Why have you not heard this before? I'll tell you why: Because then they'd have to shed their prideful "long-ages" narrative and face the REAL reason behind pressurized oil deposits, coal seams, and other major geological "oddities" which are found nearly everywhere, even beneath the oceans across the globe. Noah's Flood (actually God's Flood) answers just about every anomaly found to be a head scratcher.
Wanna change world-views a pinch? Need to find some comfort regarding the future? Try beginning with unveiling false science, and progress from there to "flood-geology" and be liberated from all of the propaganda spewed forth like a volcanic eruption into the atmosphere of society. You'll be amazed if not floored!
R
That is not true, oil is Abiotic. Your skin makes oil, the earth's skin makes oil too.
This is so insane... that it's hilarious.
Why "hilarious"? (Faster than me!)
"Mother" earth uses all-natural skin-care products to enhance her "oily skin!" which somehow sinks to major depths and collects in pools of pressurized tar. (sorry, I'm having too much fun today!)
('Never a shortage of knowledgeable MSM educated "professors" out there, who KNOW what's happening! And have ample repair models contrived to accomplish every repair!)
Hydrogen, the most abundant combustible element in the universe. Clean burning too. Why is this not being applied ti ICE's? Follow the $$$....
Because Carbon Taxes require carbon. It is a big scam. This was planned after WW2, and implemented in the West. They wrote that Carbon taxes were going to be used ro pay for the one-world government. This was laid out in the book "Limits of Growth", published in 1968 I think.
Oh I see... the earth's resources are infinite... and oil and coal are like trees... they regrow...
Or is there a factory in the centre of the earth with elves who produce more of both?
Is there a copper factory too?
Duh.... Nietzsche was dead on re barnyard animals
Believe what you will. Go in peace.
I'd like to invest in the copper factory in the middle earth... can you introduce me to the elves?
Why am I not surprised 3 in every 4 humans fell for Safe and Effective...
Since you believe whatever cnnbbc tells you ... then how about my favourite https://www.bbc.com/future/article/20181119-why-flammable-ice-could-be-the-future-of-energy
Or hey what about that much repeated story about the murder of the guy who created and engine that could run on water!!! Exxon had him killed - right.
It's kinda like how 6B got played and injected Safe and Effective... this is just another flavour...
And you've been suckered /
SIX billion? Woah. I didn't know it had reached that many!
r
Indeed; moreover, there is some doubt about the veracity of the global headcount. The numbers may be played just like anything/one else.