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Frank Mason

Peak Oil..... Or Is It?

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Weather the predicted dates are correct or not, its gonna run out one day.

Even an increase in demand, and a decrease in production year on year will have major effects on the world economy, and living standards.

Also the environmental effects may mean we have to stop burning oil, but I cant see that happening to be honest. I think every last drop will be burnt.

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Alot of people are aware on this site of the increase in the money supply of the dollar.

The high price of oil is a reflection of the amount of dollars in circulation IMHO and peak oil is the mask behind this fact.

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Peak oil scam..... Anyone care to comment? Is it all just a zionist plot to make us accept higher prices?

Peak oil scam?

Does make you think from a different angle....

Regards

Frank

Russia Proves 'Peak Oil' is a Misleading Zionist Scam

While Moscow invests heavily in unlimited oil production for the future, New

York squanders America's dwindling oil profits on fast cars and fast women

read on : http://www.vialls.com/wecontrolamerica/peakoil.html

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Russia Proves 'Peak Oil' is a Misleading Zionist Scam

While Moscow invests heavily in unlimited oil production for the future, New

York squanders America's dwindling oil profits on fast cars and fast women

read on : http://www.vialls.com/wecontrolamerica/peakoil.html

Oh come on... Joe Vialls is totally discredited. As is the theory of abiotic oil theory, absolute bunkum and has no impact on the imminent peaking of global oil extraction. See these points:

The fact remains that the abiotic theory of petroleum genesis has zero credibility for economically interesting accumulations. 99.9999% of the world's liquid hydrocarbons are produced by maturation of organic matter derived from organisms. To deny this means you have to come up with good explanations for the following observations.

1) The almost universal association of petroleum with sedimentary rocks.

2) The close link between petroleum reservoirs and source rocks as shown by biomarkers (the source rocks contain the same organic markers as the petroleum, essentially chemically fingerprinting the two).

3) The consistent variation of biomarkers in petroleum in accordance with the history of life on earth (biomarkers indicative of land plants are found only in Devonian and younger rocks, that formed by marine plankton only in Neoproterozoic and younger rocks, the oldest oils containing only biomarkers of bacteria).

3) The close link between the biomarkers in source rock and depositional environment (source rocks containing biomarkers of land plants are found only in terrestrial and shallow marine sediments, those indicating marine conditions only in marine sediments, those from hypersaline lakes containing only bacterial biomarkers).

4) Progressive destruction of oil when heated to over 100 degrees (precluding formation and/or migration at high temperatures as implied by the abiogenic postulate).

5) The generation of petroleum from kerogen on heating in the laboratory (complete with biomarkers), as suggested by the biogenic theory.

6) The strong enrichment in C12 of petroleum indicative of biological fractionation (no inorganic process can cause anything like the fractionation of light carbon that is seen in petroleum).

7) The location of petroleum reservoirs down the hydraulic gradient from the source rocks in many cases (those which are not are in areas where there is clear evidence of post migration tectonism).

8 ) The almost complete absence of significant petroleum occurrences in igneous and metamorphic rocks (the rare exceptions discussed below).

The evidence usually cited in favour of abiogenic petroleum can all be better explained by the biogenic hypothesis e.g.:

9) Rare traces of cooked pyrobitumens in igneous rocks (better explained by reaction with organic rich country rocks, with which the pyrobitumens can usually be tied).

10) Rare traces of cooked pyrobitumens in metamorphic rocks (better explained by metamorphism of residual hydrocarbons in the protolith).

11) The very rare occurrence of small hydrocarbon accumulations in igneous or metamorphic rocks (in every case these are adjacent to organic rich sedimentary rocks to which the hydrocarbons can be tied via biomarkers).

12) The presence of undoubted mantle derived gases (such as He and some CO2) in some natural gas (there is no reason why gas accumulations must be all from one source, given that some petroleum fields are of mixed provenance it is inevitable that some mantle gas contamination of biogenic hydrocarbons will occur under some circumstances).

13) The presence of traces of hydrocarbons in deep wells in crystalline rock (these can be formed by a range of processes, including metamorphic synthesis by the fischer-tropsch reaction, or from residual organic matter as in 10).

14) Traces of hydrocarbon gases in magma volatiles (in most cases magmas ascend through sedimentary succession, any organic matter present will be thermally cracked and some will be incorporated into the volatile phase, some fischer-tropsch synthesis can also occur).

15) Traces of hydrocarbon gases at mid ocean ridges (such traces are not surprising given that the upper mantle has been contaminated with biogenic organic matter through several billion years of subduction, the answer to 14 may be applicable also).

The geological evidence is utterly against the abiogenic postulate.

link

I used the term imminent earlier, I say this because we know that:

Major individual countries have already peaked (America, Norway, Venezuela, UK, Indonesia etc.).

Individual companies have peaked (Chevron, Exxon, Shell, Total) (link).

Individual grades of oil have peaked (Light sweet crude) (link).

The only thing left to peak is total all oil extraction rates for which the experts predict 2007/8.

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Oh come on... Joe Vialls is totally discredited. As is the theory of abiotic oil theory, absolute bunkum and has no impact on the imminent peaking of global oil extraction. See these points:

I used the term imminent earlier, I say this because we know that:

Major individual countries have already peaked (America, Norway, Venezuela, UK, Indonesia etc.).

Individual companies have peaked (Chevron, Exxon, Shell, Total) (link).

Individual grades of oil have peaked (Light sweet crude) (link).

The only thing left to peak is total all oil extraction rates for which the experts predict 2007/8.

Well, looky here....

Black Gold Stranglehold....

Looks like more people talking bunkum, or are they?

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Peak oil scam..... Anyone care to comment? Is it all just a zionist plot to make us accept higher prices?

http://www.science-frontiers.com/sf124/sf124p10.htm "It is difficult to avoid the conclusion that the oil reservoir at Eugene Island is rapidly refilling itself from "some continuous source miles below the earth's surface." In support of this surmise, analysis of seismic records revealed a deep fault which was gushing oil like a garden hose."

This Abiotic origin theory has been around for 80 years. Scientists, including the ex-soviets who used to adhere to the 'geothermal generation' theory have now fallen into line with the 'geological legacy' theory of the origins of hydrocarbons in the crust of the Earth. Migration of hydrocarbons from one geological strata to another occasionally happens induced by pressure differentials as a reservoir is emptied, nothing new there.

http://worldnetdaily.com/news/article.asp?ARTICLE_ID=47169; "We currently have 1.28 trillion barrels of proven reserves, which are the highest in our history. And if, in fact, we are depleting the giant oil wells, how come the reserves are continuing to increase? … I just don't buy the theory that we're running out of oil."

http://www.science-frontiers.com/sf124/sf124p10.htm; "The Middle East has more than doubled its reserves in the past 20 years,

The Saudis doubled their reserves with an excel spreadsheet, not a drill-bit. Most other OPEC producers did the same in the mid-80s as production quotas under OPEC rules dictated from that point that the amount you are allowed to export is directly proportional to what you claim to have in the ground. No one knows the real extent of Saudi reserves, it is a state secret, discussion of which is forbidden. What is in the public domain is data on the water cut indicating that two of the biggest five fields are more depleted of hydrocarbons than the Saudi 'official' figures indicate.

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I take your points and bow to your superior knowledge regarding oil etc.

My point being that we are spoon fed so much info' regarding Peak Oil that we automatically believe it without question; yet more VI talk..... I think it is healthy to challenge the received wisdom that is passed down from upon high. And to be prepared to think outside the norm.

Regards

Frank

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bow to your superior knowledge regarding oil.

Hardly. For a time I too explored this theory in much the same spirit as yourself, until that is, someone with 'superior knowledge' presented me with the same argument as I have presented to you. After checking it out I found it to be more likely, that's all.

My point being that we are spoon fed so much info' regarding Peak Oil that we automatically believe it without question; yet more VI talk..... I think it is healthy to challenge the received wisdom that is passed down from upon high. And to be prepared to think outside the norm.

And a valid point it is.

"Disobedience(in belief's), in the eyes of anyone who has read history, is man's original virtue. It is through disobedience that progress had been made, through disobedience and through rebellion." -- Oscar Wilde - (1854-1900)

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I heard Congress in the US has recently authorised $1 billion to develop a nuclear reactor in the Idaho region. This will be used partially for electricity, and partially for the generation of hydrogen from water, with the plan to use the hydrogen to extract oil from shale oil and oil sands deposits in the US and Canada instead of natural gas. This will add a further 200 billion barrels of oil to the "proven reserves" in the short term and perhaps as much as 2 trillion barrels of oil in the medium to long term.

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  • 302 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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