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Point well taken! They aren't necessarily rational, but since they have information about oil supply that nobody else in the world has, it's still worth paying attention to what they are saying. Pekelo is claiming that Saudi statements fit right in with his view on peak oil, which I don't...

I agree. So, what do you think that cost is? Let's say world oil production has peaked today and the Saudis are essentially pumping flat out. With no excess global supply, future oil prices then will be dictated by the cost of the marginal barrel of crude oil alternative. How much do you...

If a price spike would kill demand "soon," that means that alternatives for oil consumption are relatively plentiful and easy to develop, and peak oil poses no lasting threat to us. So why worry? A brief price spike, a flurry of developing alternatives, then cheap energy as far as the eye can...

Talk about deaf ears! Did you miss where Pekelo and I were discussing abiotic petroleum earlier in the thread? There are a lot of "if's" in those articles. Indeed, if we find a limitless supply of crude oil deep in the basement rock, I'll take a modest loss on my long oil positions and I'll...

Because that's what the data says. Numerous corroborating sources. Google it. Do you have information to the contrary? Let's hear it. Incidentally, Mexican production is falling off a cliff. Of course it does. This is a real physical commodity, and physically settled futures contracts...

The Saudis keep saying they can increase production by 50% or more in less than a decade. OPEC claims to have many mbpd in reserve. If you believe them, peak oil is a remote concern and oil is badly overpriced today. If you don't believe them, then the question is why would they lie to keep oil...

I expect them to have an agenda, but I expect that agenda to be driven by rational self interest. Driving down the price of a resource that will be in short supply for the forseeable future doesn't make sense, which to my mind calls into question the theory of a current conventional oil peak...

There are so many things wrong with this statement that I barely know where to start. 1) It's just not true. Proven + ultimately recoverable conventional oil reserves according to USGS are around 2.2 T barrels. Round that up to 3 T barrels and it's still only 98 years supply at <i>current</i>...

So, to be clear, at the same time you are arguing that: 1) We have no practical substitute for the oil supply that is drying up, and no forseeable way to make up for the shortfall in conventional oil production, yet... 2) OPEC is talking down the market price for their steadily depleting...

<i>By the way I am not aware of any good arguments from the other side, unless you count abiotic oil theory as good argument...</i> I think abiotic origin is a very interesting theory. I read Gold's "Deep Hot Biosphere" and I think it is compelling but in the end not entirely convincing. In...

Pekelo why are you being such a dick? Did they teach you that over at theoildrum.com? The way to deal with ignorance is to educate not ridicule; that way if you turn out to be the ignorant one you might learn something yourself. From your first post in this thread you were incredibly combative...

I have, and they aren't really plans, they are currently at the "idle speculation" stage. Until NG comes up to par with oil on a $/BTU basis they will remain idle speculation I believe. In theory it's a fantastic idea. A good sized nuke plant provides hydrogen for upgrading and high...

Oil sands are not a viable substitute for conventional oil. I've been an oil sands investor for years and I'm a big believer, but you have to be realistic. Production is by mining rather than pumping, which is intrinsically slow, labor intensive, and environmentally disruptive. The upgrading...

Flash totally owns hard drives in every way except price, and even that's changing fast. USB flash drives aren't designed for performance. For one thing, USB is dog slow. A purpose built flash drive on a proper IO bus is a totally different animal. Martin

By peak linear throughput I mean no seeks. Consecutive track read performance. You can call it sustained if you want, but there's no way you're going to sustain that sort of data rate in real world usage. There's a big difference between throughput on inner and outer tracks. So technically...

Peak linear throughput is virtually irrelevant to hard drive performance in the real world. Seek time dominates throughput in most usage patterns with a traditional filesystem. The Raptors are fast drives mostly because their seek time is better than twice as fast as 7200rpm drives...

Hi Turok, OK, I do think we are talking past each other here. Let's me also take a step back and define what I'm talking about. A: Homosexuality has a genetic basis. B: Pedophilia has a genetic basis. I am not here to argue the truth of A or B. I'm specifically trying to avoid staking...

I don't know what planet you're from or what language they speak there. How'd you get that from what I wrote? Martin

Let's say a scientist is studying a group of people who are all homosexuals, but none of whom are sexually attracted to children. Then this same scientist published a paper based on their research, claiming to have discovered a genetic basis for pedophilia. You don't think there's anything wrong...

When I was 11 I got a woody for 11 yo girls. I don't anymore. I've never gotten a hard on for a guy though. Some sexual preferences can change, others don't. It depends on the person, their circumstances, and the reasons for their preferences. Folks, how difficult is this to understand? Martin