Peak oil? Not yet... Trillions of dollars worth of oil | TigerDroppings.com

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wickowick
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Peak oil? Not yet... Trillions of dollars worth of oil


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quote:

Up to 233 billion barrels of oil has been discovered in the Australian outback that could be worth trillions of dollars, in a find that could turn the region into a new Saudi Arabia.









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GumboPot
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Member since Mar 2009
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re: Peak oil? Not yet... Trillions of dollars worth of oil


This is good news.





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Rex
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re: Peak oil? Not yet... Trillions of dollars worth of oil


Drilling there will upset the delicate balance between aborigines and imported rabbits.






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Paluka
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One State Over
Member since Dec 2010
4172 posts

re: Peak oil? Not yet... Trillions of dollars worth of oil


quote:

Drilling there will upset the delicate balance between aborigines and imported rabbits.








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50Mullets
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A more civilized age
Member since Oct 2012
1433 posts

re: Peak oil? Not yet... Trillions of dollars worth of oil


The world is going to run out of oil in 30 years. It's been that way since 1900. No matter when you asked the experts will have told you 'in 30 years we will be out of oil'





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HempHead
Alabama Fan
Appalachia
Member since Mar 2011
14568 posts

re: Peak oil? Not yet... Trillions of dollars worth of oil


quote:

233 billion barrels


frickin' a.

Let's hope that this number is even close to accurate, and that is economically feasible for them to be recovered and sold at market price.






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TheFolker
Kentucky Fan
Member since Aug 2011
2836 posts

re: Peak oil? Not yet... Trillions of dollars worth of oil


Fracking = Bad





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TJG210
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New Orleans
Member since Aug 2006
21927 posts
 Online 

re: Peak oil? Not yet... Trillions of dollars worth of oil


quote:

Up to 233 billion barrels of oil has been discovered in the Australian outback that could be worth trillions of dollars, in a find that could turn the region into a new Saudi Arabia.


This is why polticians should be ignored.....Maybe someone can run this by obama and ask since all of this oil has been found if we can cut back on the ethanol bs.






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RCDfan1950
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United States
Member since Feb 2007
10926 posts

re: Peak oil? Not yet... Trillions of dollars worth of oil


quote:

Peak oil? Not yet... Trillions of dollars worth of oilDrilling there will upset the delicate balance between aborigines and imported rabbits.


Sheeeitt, Rex! Sometimes I think you are a satirical genuis playing the rednecks (like me) on this forum like and old fiddle. And other times...well...don't want to go personal.

Gee whiz!







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Bunk Moreland
Michigan Fan
Detroit, MI.
Member since Dec 2010
5967 posts

re: Peak oil? Not yet... Trillions of dollars worth of oil


What is the flow rate? Will it offset declines elsewhere? Probably not.

quote:

The reports estimated the company’s 16 million acres of land in the Arckaringa Basin in South Australia contain between 133 billion and 233 billion barrels of shale oil trapped in the region’s rocks.


Why are we looking at options like this if oil is so cheap and plentiful?



This post was edited on 1/24 at 2:02 pm


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DonChowder
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Caulifornea
Member since Dec 2012
4700 posts

re: Peak oil? Not yet... Trillions of dollars worth of oil


quote:

Drilling there will upset the delicate balance between aborigines and imported rabbits
That made my day Rex.






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NC_Tigah
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Member since Sep 2003
51371 posts
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re: Peak oil? Not yet... Trillions of dollars worth of oil


quote:

It is likely however that just 3.5 billion barrels . . . will be able to be recovered.






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RCDfan1950
LSU Fan
United States
Member since Feb 2007
10926 posts

re: Peak oil? Not yet... Trillions of dollars worth of oil


quote:

Peak oil? Not yet... Trillions of dollars worth of oilquote:Drilling there will upset the delicate balance between aborigines and imported rabbits That made my day Rex.


Ha...were you around when Rex dropped the doggie suit Obama promo on us, DC? If not...you need to go look it up. I guarantee you, you will be DUMFOUNDED and UTTERLY SPEACHLESS! A masterpiece.







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cwill
New Orleans Saints Fan
Member since Jan 2005
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re: Peak oil? Not yet... Trillions of dollars worth of oil


You'll be posting this same stupid peak oil shite no matter how long production is up and to the right.





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cwill
New Orleans Saints Fan
Member since Jan 2005
24350 posts
 Online 

re: Peak oil? Not yet... Trillions of dollars worth of oil


quote:

quote: It is likely however that just 3.5 billion barrels . . . will be able to be recovered.


Using today's tech....in 10 years or less the recovery rate will be higher.






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Radiojones
USA Fan
The Twilight Zone
Member since Feb 2007
6339 posts

re: Peak oil? Not yet... Trillions of dollars worth of oil


quote:

Drilling there will upset the delicate balance between aborigines and imported rabbits.


Rex swings and hits a home run!






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Diamondawg
Mississippi St. Fan
Mississippi
Member since Oct 2006
10944 posts

re: Peak oil? Not yet... Trillions of dollars worth of oil


Why would such a large amount of oil just now be discovered?





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Radiojones
USA Fan
The Twilight Zone
Member since Feb 2007
6339 posts

re: Peak oil? Not yet... Trillions of dollars worth of oil


quote:

Why would such a large amount of oil just now be discovered?


Believe it or not MOST of the Earth has yet to be explored. Just wait until we go into really deep water in the middle of the Oceans. Antarctica is going to have a tremendous amount of oil as well.






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wickowick
LSU Fan
Head of Island
Member since Dec 2006
22911 posts

re: Peak oil? Not yet... Trillions of dollars worth of oil


quote:

Antarctica is going to have a tremendous amount of oil as well.


We just need it to warm up a little...






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mograyback
Missouri Fan
Member since Jul 2011
7102 posts

re: Peak oil? Not yet... Trillions of dollars worth of oil


More beer! Let the party go on... yeah the place is a mess, we know of more efficient ways to get drunk, but more BEER!

BTW. Australia is going to be Chinas pretty soon. As soon as they get their navy finished it's game on.






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