Thursday, Jun 26, 2008

Will The Last Person To Leave, Actually Find Any Lights To Turn Out?

The Oil Drum: Europe: Why UK Natural Gas Prices Will Move North of 100p/Therm This Winter

Whichever way you look at it, life in the UK is going to become pretty dire over the next 5 years. Maybe the major parties should have nicked the Green Party's manifesto way back in 1986, instead of waiting 20 years - when it was far too late to act on it. 'The Oil Drum' is a great site - a highly recommmended read for what's happening, and why, with energy issues; no loony theses, just forensic number-crunching by people who know what they're talking about. Check out Chris Vernon's contribution, then backtrack to Euan Mearn's item for even more grim tidings. And for the inevitable individual who'll say 'but what's it got to do with house prices?', read them both - carefully.

Posted by lierbag @ 09:45 AM (700 views) Add Comment

26 Comments

1. This comment has been removed as it was found to be in breach of our Blog Policies.

 

2. lierbag said...

As I said, 'The Oil Drum' site, refreshingly, doesn't play host to crackpot conspiracy theorists. All you have to do is read the historical graphs and tables, and draw your own conclusions. And I'd put my faith in these guys - none of whom have an agenda - before anything I found - or was directed to - on 'Google Video'.

Thursday, June 26, 2008 10:43AM Report Comment
 

3. drewster said...

The UK's future looks grim: economic turmoil and energy shortages both clearly due to hit us over the next five years.

The question is, would I really want to buy a house in this country, given what we now know about the likely future? Maybe it's time to emigrate....

Thursday, June 26, 2008 11:07AM Report Comment
 

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7. sold 2 rent 1 said...

Sorry for all the spelling mistakes above. I forgot to paste the text back in from my spellchecker

Thursday, June 26, 2008 11:21AM Report Comment
 

8. angonamo said...

@Drewster 'Maybe it's time to emigrate....'

Totally agree. My misses was born in New Zealand and we're talking in detail about shipping out over there (or Oz). The average American is proud to be an American and wouldn't want to emigrate to another country. The average Brit (in my opinion) just can't wait to dump this hole and move to Spain.

I don't think it matters how much oil / gas there is or isn't. It's a fact that they're getting more expensive for me. The government seems quite content in collecting their extra revenue and not at all interested in making my life any better. I'd stick my head in the oven, but I can't afford the gas.

Thursday, June 26, 2008 11:52AM Report Comment
 

9. icarus said...

I agree with s2r1. I think it's entirely possible for the Russians to be using abiotic principles in their exploration strategies and for them to be sitting on huge amounts of commercially exploitable oil. 'Peak oil' could well be due to a combination of low investment 8-10 years ago when oil was around $10 a barrel and people with an interest in high oil prices. Do we know who is behind the Oil Drum site? It's definitely people who want to push 'peak oil'.

Thursday, June 26, 2008 12:06PM Report Comment
 

10. sold 2 rent 1 said...

The thing about abiotic oil is that any country in the world can drill for it, providing they have the investment and the knowledge.

Read these 3 paragraphs about Vietnam and deep oil from
http://www.vialls.com/wecontrolamerica/peakoil.html

After more than 60 years of being enslaved, pillaged, and raped by the French and then by the Americans, the poor Vietnamese were told officially by American oil multinationals that their country was barren; that western 'cutting edge' technology had failed to find anything to help them recover financially from the mess left behind by American bombs, Agent Orange, and a host of other delightful gifts from Uncle Sam. This of course was exactly where America wanted the Vietnamese to be: desperately poor and unable to take action against their former invaders.

The Russians had other ideas and a very different approach. After telling the Vietnamese that the Americans had lied to them, oil experts were flown in from Moscow to prove this startling claim in a no-risk joint venture, meaning the Russians would provide all of the equipment and expertise free of charge, and only then take a percentage of the profits if oil was actually found and put into production. Vietnam had absolutely nothing to lose, and swiftly gave Russia the green light.

The Vietnamese White Tiger oil field was and is a raging success, currently producing high quality crude oil from basalt rock more than 17,000 feet below the surface of the earth, at 6,000 barrels per day per well. Through White Tiger, the Russians have assisted the Vietnamese to regain part of their self respect, while at the same time making them far less dependent on brutal western nations for food-aid handouts.

Thursday, June 26, 2008 12:15PM Report Comment
 

11. sold 2 rent 1 said...

angonamo & drewster ,

If you are looking for a place to hide from this carnage...look no further than global enlightenment in 2011/2012
The solution is spiritual and not physical

Consciousness Change day is 11 days away - 6 July 2008

Thursday, June 26, 2008 12:19PM Report Comment
 

12. icarus said...

s2r1 @4 - beware of using expressions like 'Zionist scam'. Since 2002 Websters Dictionary has included 'opposition to Zionism' as part of its definition of anti-semitism. Is this a part of what you call the 'information war'?

Thursday, June 26, 2008 12:20PM Report Comment
 

13. sold 2 rent 1 said...

icarus,

The information war is nearing its end.
The final assult towards Berlin has started.
The truth about many of the topics we have debated will come out very soon

Oil is so key in this truth process.
Google Video's "most viewed" listings show us the internet is overcoming the traditonal mass media in the search for the truth

Thursday, June 26, 2008 12:33PM Report Comment
 

14. lierbag said...

'However in the last 2 months I have been looking closely at the counter arguments of "peak oil". Here is a fascinating account of an Australian ex-oil worker who worked with the Russians drilling super deep wells at Bodra #3 in West Bengal, India in 1983'

Deffeyes, Simmons, Campbell, Hirsch . . . quite running all that PO stuff, and listen to what Bruce from Wangaratta has to say about his experiences 25 years ago.

'The thing about abiotic oil is that any country in the world can drill for it, providing they have the investment and the knowledge'.

Then again, they could spend multi-billions of dollars invading and occupying Iraq and Iran - where all that old-fashioned non-'abiogenic' oil is - just for the hell of it. But what would Bush and Cheney know about oil?

Quit watching alien autopsy and Derek Acorah videos on youtube, and look at the science.

Thursday, June 26, 2008 12:56PM Report Comment
 

15. icarus said...

lierbag - try www.gasreources.net - this site covers the Russian-Ukrainian science behind the idea of the abiotic origins of oil. You will find not only many scientific papers there but also discussions of why US/UK/western 'fossil fuel' scientists differ from the Russian ones.

Thursday, June 26, 2008 01:10PM Report Comment
 

16. malct said...

lierbag @ 12:56PM

"Then again, they could spend multi-billions of dollars invading and occupying Iraq and Iran - where all that old-fashioned non-'abiogenic' oil is - just for the hell of it. But what would Bush and Cheney know about oil?"

Four Western oil companies are in the final stages of negotiations this month on contracts that will return them to Iraq, 36 years after losing their oil concession to nationalization as Saddam Hussein rose to power.

Exxon Mobil, Shell, Total and BP - the original partners in the Iraq Petroleum Company - along with Chevron and a number of smaller oil companies, are in talks with Iraq's Oil Ministry for no-bid contracts to service Iraq's largest fields, according to ministry officials, oil company officials and an American diplomat.
http://www.sott.net/articles/show/160248-Signs-Economic-Commentary-for-23-June-2008

These deals reached with the US-backed regime in Baghdad have placed the five-year-old US war of aggression in the clearest possible perspective.

For the thousands of American families who have seen their sons and daughters killed in the Iraq war or return maimed or psychologically damaged, the knowledge that their sacrifices have opened up potentially huge new profit streams for Exxon-Mobil, Shell, British Petroleum and Total will provide cold comfort.

http://www.wsws.org/articles/2008/jun2008/oil-j20.shtml

Thursday, June 26, 2008 01:49PM Report Comment
 

17. lierbag said...

'For the thousands of American families who have seen their sons and daughters killed in the Iraq war or return maimed or psychologically damaged, the knowledge that their sacrifices have opened up potentially huge new profit streams for Exxon-Mobil, Shell, British Petroleum and Total will provide cold comfort.'

Exactly. The point being, no one would go to that much trouble, if they could get as much 'abiogenic' oil as they needed, underfoot, in the good ol' US. And wouldn't even be involved in military campaigns at all, if their own domestic production hadn't 'peaked' in 1970.

Thursday, June 26, 2008 02:04PM Report Comment
 

18. malct said...

lierbag - I here what you are saying but the quotes I gave you are not my personal opinion.

My own view is that the invasion and occupation of Iraq has little to do with oil directly.

So, I'm sorry to disappoint you but the point is not valid for me.

However, it is interesting that you are openly saying or appear to be openly saying that Iraq was invaded for its oil.

That's a dreadful thing to say.

What do they say about it on the oildrum site?

Thursday, June 26, 2008 02:16PM Report Comment
 

19. icarus said...

lierbag - the west - scientists and their funding, technology etc. are wedded to 'fossil fuel' theory. It's partly a matter of accretion - everything, including powerful interests, builds up around a particular paradigm. Again, I think you should look at things from the point of view of the Russian paradigm, explained on the site I referred to earlier, if not to accept the paradigm, then at least to appreciate how paradigms work and how there can be more than one highly reasoned view of things.

Thursday, June 26, 2008 02:20PM Report Comment
 

20. sold 2 rent 1 said...

icarus,

You had a typo in the website URL

http://www.gasresources.net/

Thursday, June 26, 2008 02:44PM Report Comment
 

21. James said...

"At the Prudhoe Bay, Gull Island area they have 48 747 Jet Engines hooked up to pumps that are pumping ONE BILLION cubic feet of Natural Gas back into the ground."

Why jet engines, s2r1? How does that work? Why not just power the pumps using some of the gas, which there's apparently plenty of, rather than use engines that run on kerosene to pump gas back into the ground?

Doesn't that strike you as so silly that it's probably not true?

Or is that what 'they' want you to think?

And why isn't gold at $1,500/oz as you predicted? Were you, perhaps, wrong? Are your 'models', perhaps, utter guff?

Thursday, June 26, 2008 02:50PM Report Comment
 

22. icarus said...

Thanks s2r1. Do you know that site?

Thursday, June 26, 2008 02:58PM Report Comment
 

23. sold 2 rent 1 said...

No, will have a look

Things are happening now.
The Battle of the Bulge is over.

Gold up $27
Stocks plunging
Oil still hanging on, but for how long?

WW2 mapped VE Day is on Tuesday 1 July 2008
Expect carnage then

Just found this David Wilcock video - amazing suff (not oil related though)
http://video.google.com/videoplay?docid=-4951448613711060908&hl=en

Thursday, June 26, 2008 03:55PM Report Comment
 

24. sold 2 rent 1 said...

James,

I see you are up to your normal thread destruction techniques.

Thursday, June 26, 2008 04:12PM Report Comment
 

25. James said...

Not really - I'm still asking for you to explain why you were wrong about $1,500 end June gold, true... but I'm also asking why you believe the "NWO" (or whoever you think is doing this) would use kerosene powered jet engines to pump gas back underground. Do you have an answer?

Thursday, June 26, 2008 04:26PM Report Comment
 

26. Lierbag said...

This thread is getting weirder by the post . . . I'm out of here!

Thursday, June 26, 2008 06:21PM Report Comment
 

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