Originally Posted by Stylerod Wow, that's a new one on me. I'd kind of take it with a grain of salt though until I could see where all those numbers came from. If those numbers are true we're fucked. lemme make it nice and big for ya: According to IEA...
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| Better Dead than Red Democrat "My friends, we’ve got them just where we want them.” ![]()
| Originally Posted by Stylerod lemme make it nice and big for ya:
According to IEA | ||||
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| Never, never, never give up Conservative Party High Point, NC ![]()
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| | #43 | ||||
| ipsa Scientia Potestas est Pragmatist North Carolina ![]() ![]() ![]() ![]()
| You're assuming they'd sell to Americans at a reduced cost instead of the world market. There's no reason to believe that is what would happen, unless you're suggesting the government should either run the operation directly or have control over what the corporations do with their own product. | ||||
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| | #44 | ||||
| Never, never, never give up Conservative Party High Point, NC ![]()
| Originally Posted by motivez Oil gotten in the US and sold in the US will be cheaper. They don't have to transport it across the world, saving them money. It's already here.
Plus, even if the cost doesn't go down,we are less dependent on other peoples oil and how THEY price it. We won't be under OPEC's boot as much. And that is a very, very good thing. | ||||
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| | #45 | ||||
| minor irritant &/or non-entity News Moderator Contrarian Birmingham, UK ![]()
| Originally Posted by Stylerod if the US was to give itself preferential rates for "its own" oil would that not be 'socialist'?
Is the 200 mile limit now the accepted definition of soveriegnty anyway? Originally Posted by Stylerod The $500milliion a day figure comes from an IEA report from 2005, ..., it depends upon ones views as to their credibility, ..., theres a link to a news story for it in the earlier post.
The other figures are very much 'back-of-the-envelope' kind of figures that just serve to give a rough guide to the scale of the issue The cubic mile of oil 1 cubic mile of oil = 26.21billion bbl of oil world consumption = approx 85million bbl/day http://www.eia.doe.gov/emeu/ipsr/t21.xls = 31.02 billion bbl per year claimed total world proven reverves approx 1136.7 billion bbl Oil reserves - Wikipedia, the free encyclopedia 1136.7/50 years = 22.73 billion bbl/year which is less than either the cubic mile or the 'real' figures given above There are of course numerous footnotes on how the figures were compiled & also the lack of transparancy for OPEC reserve figures (their own rules very likely caused states to massively exaggerate their reserves), ..., also estimates of Russias reserves vary by quite a wide margin etc But in any case we are NOT 'f*cked', ..., the rapid rise in wind turbines coming on line mean that combined with nuke power stations, solar panels etc then it is all doable, ...., just, ..., if we start now, ..., probably The questions are can we get it together to pay for the oil exploration & pay for the replacement non-oil energy streams & pay for any infrastructure works to protect against any possible rising sea levels & styill pay for all the maintainance of the existing infrastructure? & can we do all this without hitting any energy gap whilst doing it? Of course the entire fingy might be wrong if suspected cranks like Lindsey Williams & his almost totally unsupported claims are true, ...., but do you want to rely on him? | ||||
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| | #46 | ||||
| Never, never, never give up Conservative Party High Point, NC ![]()
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| | #47 | ||||
| Never, never, never give up Conservative Party High Point, NC ![]()
| Originally Posted by avsp It wouldn't be oil companies giving us a preferential rate. It would be oil companies saving money by drilling locally. More important than cheaper oil though is less dependence on foreign oil. Not living under the heal of OPEC would be a great thing for us.
When you look at that picture it just boggles the mind to think we would need that much stuff, every year, just to make up for what oil gives us. Those numbers are SO HUGE I have a hard time just taking them at face value. Thanks for the info though! | ||||
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| | #48 | ||||
| minor irritant &/or non-entity News Moderator Contrarian Birmingham, UK ![]()
| Originally Posted by Stylerod Yeah, the stat that does my head in is that its just a cubic mile of oil, ..., I'm guessing some of the more heavily fractured finds must be the around the size of a large shopping mall, ..., its pretty impressive technical feat to get a pipe into such a space under the North Sea etc
As for the 'value' of the oil, ..., even if it appeared magically in your back garden all barreled up for free etc its 'market value' would not be changed. Either way is 200 miles off shore really that local? & drilling in water that deep is expensive compared to onshore drilling anyway. The graphic also doesnt take into account that hydro-dams dont give you any plastics etc. Much more importantly it doesnt account for the replacement of oil for transportation, ..., which is a MAJOR PROBLEM. As for the strategic benefits of not relying on foreign sources, ..., the RATE at which domestic fields are likely to produce arent going to totally replace foreign sources, & as such the strategic benefit is unlikely to be that great. Although combined with substitution perhaps independance is more possible. Either way, & back on-topic-ish, I see Mr McCain has called for nuke power station building programes to be stepped up McCain calls for building 45 new nuclear reactors [edit to add] I'll try & get sources for the output figures of the alternates tomorrow, ..., probably. To my shame I'm taking the word of brother Boris mididoctors for the valididty/accuracy of the data, ..., which is easy for me & I accept that theres no reason for anyone else to do so[/edit] further edits The article from whence, seemingly, the graphic originally came IEEE Spectrum: Joules, BTUs, Quads--Let's Call the Whole Thing Off & IEEE Spectrum: Joules, BTUs, Quads--Let's Call the Whole Thing Off
The Oil Drum | Getting a Grasp on Oil Production Volumes As a bonus for odd facts, ..., 1%-3% of the world CO2 comes from fires in coal fields across northern China/Mongolia, ..., some have been burning for 100's of years http://www.gi.alaska.edu/~prakash/coalfires/links.html Last edited by avsp; 06-21-2008 at 08:15 AM.. | ||||
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