Guys I will on Saturday write about trading and a lot more
- Thread starter cold
- Start date
I hope cold will be back soon. He is very experienced and have a lot of unconventional wisdoms.
I hope that he will be back to contribute more to this board.
Pension_Admin
First of all there is more oil in the oilsands than all of Saudi reserves.
What the hell are you going on about permafrost. This is new to Canadians. We have no issue with development. Alone in Ontario you could add 100 million more people no problem.
Lastly our country has run a surplus for more than 15 years. Way before the commodities boom. We have more than oil and gas here.
What the hell are you going on about permafrost. This is new to Canadians. We have no issue with development. Alone in Ontario you could add 100 million more people no problem.
Lastly our country has run a surplus for more than 15 years. Way before the commodities boom. We have more than oil and gas here.
It is mind boggling the crap that comes out of people who know nothing about our Country. Permafrost, this is the first I have heard of that.
I was walking by the park today in my parka and the kids were kicking the soccer ball with their snow shoes....
Go figure I was out playing baseball with my kid today up here in the tundra.....lol
I was walking by the park today in my parka and the kids were kicking the soccer ball with their snow shoes....
Go figure I was out playing baseball with my kid today up here in the tundra.....lol
Canada has 182 years or proven reserves left. 1000 years if you add in the oil sands. So I would say we have enough oil.
Summary of Reserve Data as of 2007 Country Reserves 1 Production 2 Reserve life 3
(109bbl) (106bbl/d) (years)
Saudi Arabia 260 8.8 81
Canada 179 2.7 182
Iraq 115 3.7 101
Iran 105 2.2 143
Kuwait 99 2.5 108
United Arab Emirates 97 2.5 107
Venezuela 80 2.4 91
Russia 60 9.5 17
Libya 41.5 1.8 63
Nigeria 36.2 2.3 43
United States 21 4.9 12
Mexico 12 3.2 10
Summary of Reserve Data as of 2007 Country Reserves 1 Production 2 Reserve life 3
(109bbl) (106bbl/d) (years)
Saudi Arabia 260 8.8 81
Canada 179 2.7 182
Iraq 115 3.7 101
Iran 105 2.2 143
Kuwait 99 2.5 108
United Arab Emirates 97 2.5 107
Venezuela 80 2.4 91
Russia 60 9.5 17
Libya 41.5 1.8 63
Nigeria 36.2 2.3 43
United States 21 4.9 12
Mexico 12 3.2 10
Quote from cold:
I am now leaving finally, some of you were begging for it (yet didn't use ignore feature) and the day has come
You said nothing of value
I achieved what I wanted
You proved you are psychotic, only
I built a character on this site with name of COLD
No, you only accomplished that you are stupid
purpose was to expose lot of you to Remote Viewing and OBEs and NDEs
You said nothing of value
when I see number of hits on this thread
over few days
I am glad I reached a whole lot of you
You said nothing of value
my target were quiet readers, not posting lunatics (they are minority)
Then you were the posting lunatic?
I have this need to teach, and if you are very lucky, I'll stop by again from time to time
You said nothing of value
Canada is in the deep, which ever way you look at it.
Primarily this situation is from a global warming point, and specifically looking at the Cryosphere. (all climate system components include the atmosphere, hydrosphere, cryosphere, biosphere, and lithosphere).
The Cryosphere is permanent and seasonal ice cover, including frozen water (e.g. in Canada and Siberia)), seasonal snowfalls, glaciers, polar ice caps, and permafrost.
Permafrost (permanently frozen ground water) contains around 500 billion tones of greenhouse gasses.
Relaxation times for the Cryosphere are tens of millennia.
There is evidence that the permafrost is melting in Canada where houses are sinking into the ground.
It is now thought that the Cryosphere plays and important role in global warming, because it has a high albedo and low thermal conductivity, however this effect is localized.
so what's the problem?
The problem is that it may be a positive feedback mechanism (i.e. irreversible)
1. melting cryosphere reduces the Earth's albedo
2. trapped greenhouse gasses are released
3. elevated Earth temperature
4. elevated sea levels
so what are we talking about?
this is all about the transfer of energy which is neither created nor destroyed
Actual science cannot argue with the increase in carbon dioxide at Mona Loa in Hawaii, where concentrations of carbon dioxide have gone from 315ppm in 1955 to 370ppm in 2001.
There is another problem!
The Hydrosphere, where the Oceanic Conveyor belt is on the verge of collapse
The thermosaline circulation occurring in the deep ocean are responsible for the heating of Northern Europe.
If the conveyor belt stops, ice age like temperatures will occur around Europe, but higher temperature will be seen around the globe
conclusion
1. Canada is screwed
2. Your survey of reserves may not be accurate as they take current and previous consumption into consideration only
3. Canada will have to pump more oil and gas to keep everything nice and warm.
4. Canada will run out of reserves quicker than the current thinking
5. One have to find solutions to problems that this generation and previous ones have created, and not leave them to the future generations (which is what the survey of reserves suggests)
second conclusion
1. We are having to find solutions to problems in our generation, that have been handed down to us by the generations above us, and we cannot continue this passifism of "It's not my problem."
2. The point is that we have to find solutions for future problems now.
Consider the analogy: they invented the car and aeroplane 100 years ago, and we use these instruments today, as a solution for addressing today's challenges. So we should take the responsibility to do the same for our future generations, in order to safeguard their future.