PEAK OIL - A myth???

[TraderZones]

Quote from Pekelo:

Seriously, Martin, you got what you deserved!

You were trying an intelligent debate with a factdenier?

You have denied the facts this and every other thread. Every alternative energy, other fuels, technological advance, and everything else find you with unconvincing responses. You do little more than rehash your little bag of tricks and say FLAT EARTH!!!!!!!!!!!!!!!!

Coming from you, this last post is more confirmation of your mental limits, not an insult.

 

[Gyrene Dertra]

Quote from Pekelo:

That is total liquids, the chart was conventional crude...

1) Total liquids - In December world production of total liquids increased by 745,000 barrels per day from October according to the latest figures of the International Energy Agency (IEA). Resulting in total world liquids production of 87.20 million b/d, which is the all time maximum liquids production. For the third consecutive month world production has increased significantly. The IEA figures result in an average global production in 2007 of 85.26 million b/d, more than the average 2006 production of 85.00 million b/d and the average 2005 production of 84.10 million b/d. The EIA in their International Petroleum Monthly puts the average global 2007 production up to November at 84.53 million b/d, slightly lower than the average 2006 production of 84.60 million b/d and the average 2005 production of 84.63 million b/d.

2) Conventional crude - Latest available figures from the Energy Information Administration (EIA) show that crude oil production including lease condensates decreased by 202,000 b/d from October to November. Total production in November was estimated at 73.17 million b/d, which is 518,000 b/d lower than the all time high crude oil production of 74.30 million b/d reached in May 2005.

Thanks for the clarification, I appreciate it.

 

[Martin Gale]

Quote from TraderZones:

You stated one fact and declare yourself superior?

Try reading the OP (mine). If you didn't speak only in single sentences, you might be slightly interesting. Your post and your self-declared answer rate you as one of the more simple-minded I have seen on ET.

Like I said: Inferior opponent.....

 

[Pekelo]

Quote from TraderZones:

You have denied the facts ...

I never denied your stupidity....

Anyway, predictable idiot, let's put him on Ignore...

Edit: Funny, but by putting him on Ignore it also made this thread disappear from my list. I guess good riddance...

 

[misterno]

If Peak Oil is a myth, why are all oil wells' yields increasingly in the beginning and then have a plateau (peaks) and then falls fast.

This happened to ALL OIL WELLS in the world and everybody knows this. THIS IS NOT A PROJECTION. THIS HAD HAPPENED IN THE PAST.

So if there is technology if there is advanced development in oil engineering, howcome this huge drop in oil production could not be reversed?

I am dying to read your answers...

 

[TraderZones]

Quote from Martin Gale:

Like I said: Inferior opponent.....

What needs to be said: you are certainly a legend in your own mind. You give yourself WAY too much credit.

But I agree with Pekelo in one thing, you aren't worth it, so ignore list you go...

 

[Chood]

Quote from Martin Gale:

* * * *
The only question is the timing of the peak.

Which also can be said of solar, as in peak solar, as in the peak energy output of our sun.

Peak oil is a myth. A hefty import tax on imported oil would tend to prove that, letting the Gov't fleece us instead of standing around while the emirs and oligarchs do it.

Such a tax would reduce the incentive for exporters to fleece us, and it'd put a big hole in the corner presently in place between the exporters and the speculators. Don't be surprised if that is the policy this time next year.

It'd be sold as way to pay ourselves, improve infrastructure, and create jobs (for bridge and road repair, among other projects), which in turn would help blunt the depression -- all in place of enriching the foreigners and allied speculators.

 

[misterno]

If Peak Oil is a myth, why are all oil wells' yields increasingly in the beginning and then have a plateau (peaks) and then falls fast.

This happened to ALL OIL WELLS in the world and everybody knows this. THIS IS NOT A PROJECTION. THIS HAD HAPPENED IN THE PAST.

So if there is technology if there is advanced development in oil engineering, howcome this huge drop in oil production could not be reversed?

I am dying to read your answers...

 

[thesharpone]

"Alternative energy" is not a sufficient answer to a possible oil crisis, there are more uses to oil than just burning it for energy

you can see a list of uses on this link:
http://en.wikipedia.org/wiki/Petroleum#Uses

basically most plastic (that means even a great percentage of what you are wearing) are made from petrochemicals extracted from oil

though it is the best answer possible, but then ethanol corn can not be a good alternative unless we have no other choice, if we are gonna look for 'Alternative energy' it has to be something serious, not childish elementary crap

 

[thesharpone]

Quote from TraderZones:

The main point is that technology and demand are changing the percentage that can be extracted.

...

IF oil remains expensive, there will be a huge increase in the straws.

that is not a correct way to look at it, why? because if oil prices go up so will the cost of new technology

so much of our lives is affected by oil in one way or another, so how can the increase in oil prices not increase the cost of technology

this is not a problem to be solved when the crisis hits, it should be solved way before

but then i'm not a supporter of humans and humanity, I could care less about what comes upon them, and if problems like these whether true or not are solved or not, my reason for posting is only for self entertainment