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re: Possible big oil discovery in Israel
Posted on 10/8/15 at 2:19 pm to Darth_Vader
Posted on 10/8/15 at 2:19 pm to Darth_Vader
Imagine that, Putin is in the neighborhood. Watch Syria contest some of the oil rights.
Posted on 10/8/15 at 2:22 pm to ccomeaux
quote:
Watch Syria contest some of the oil rights
Syria has been contesting the Golan Heights since 1967. I imagine Israel's response won't be changing anytime soon.
Besides at this point it won't be Assad contesting the rights but ISIS.
Posted on 10/8/15 at 2:23 pm to Paige
Geologists in companies don't talk publicly about new finds, certainly not if the company's stock is traded on US exchanges. Huge no no.
The way he said it was also VERY misleading to those not familiar with petroleum reserves. That's why I say that. This shite doesn't usually happen by accident.
The way he said it was also VERY misleading to those not familiar with petroleum reserves. That's why I say that. This shite doesn't usually happen by accident.
Posted on 10/8/15 at 2:26 pm to GeauxxxTigers23
quote:
I say we invade
Why? With all the money we've given them we can just take it under the assumption we've paid for it.
Posted on 10/8/15 at 2:34 pm to Tchefuncte Tiger
I think kosher oil may command a higher price.
I figure the global Jewish community will have to switch to kosher gasoline only.
Posted on 10/8/15 at 2:36 pm to NYNolaguy1
quote:
Besides at this point it won't be Assad contesting the rights but ISIS.
Talk about your forced pooling!
Posted on 10/8/15 at 2:37 pm to Boagni Swamp
I agree that it was extremely vague and made many people believe it was an industry altering find.
Hence why I asked about porosity and perm.
I guess that was my "give me all the details" side kicking in.
Hence why I asked about porosity and perm.
I guess that was my "give me all the details" side kicking in.
This post was edited on 10/8/15 at 2:39 pm
Posted on 10/8/15 at 2:44 pm to ManBearTiger
I think you mean anti-zionist
Posted on 10/8/15 at 2:48 pm to Darth_Vader
Great, does this mean the US doesn't have to funnel any more money to them?
Posted on 10/8/15 at 2:59 pm to Darth_Vader
Just like the book of Revelation predicted. The end is near.
Posted on 10/8/15 at 3:28 pm to LucasP
ENI in Egypt just had a HUGE discovery as well.
Its not so much finding the oil and finding someone to sell it to.
For example Kazakhstan has enormous reserves (Kashagan) but has had trouble producing it and geographically is in a bad place to try and run a pipe line to Europe.
Its not so much finding the oil and finding someone to sell it to.
For example Kazakhstan has enormous reserves (Kashagan) but has had trouble producing it and geographically is in a bad place to try and run a pipe line to Europe.
Posted on 10/8/15 at 3:39 pm to lsuoilengr
With all the new sources of oil being discovered, won't this increase in supply continue to send prices down?
Posted on 10/8/15 at 3:41 pm to MontyFranklyn
Maybe. But this is years away from oil into tanks.
Posted on 10/8/15 at 3:48 pm to VernonPLSUfan
quote:
Good, we can cut them off the US tete now.
This. But you know allegiance to Israel is more important than anything else
Posted on 10/8/15 at 3:49 pm to Darth_Vader
quote:
the Golan Heights,
Occupied territory.
This shite will not go well............
Posted on 10/8/15 at 3:49 pm to Wtodd
quote:
f the reserve is as big as they think, the ME will be kissing Israel's arse
Can someone who is more knowledgable put this in context for us? What kind of reserves are we talking about here? How many millions of barrels? How does it compare to let's say Saudi Arabia's reserves or Canadian Oil Sands for example?
Posted on 10/8/15 at 3:54 pm to ManBearTiger
quote:
you poor, poor simpleton.
why don't you enlighten me? I read the economist and foreign policy. I studied history in college. I don't see what israel having a shite load of oil would all of a sudden cause the ME to start kissing their arse. If anything it will make most Arabs even more pissed off and jealous at Israel. Not that they can do anything about it. Israel kicked their arse in 67 and would kick their asses today.
This post was edited on 10/8/15 at 4:02 pm
Posted on 10/8/15 at 4:27 pm to colorchangintiger
quote:
If anything it will make most Arabs even more pissed off and jealous at Israel. Not that they can do anything about it. Israel kicked their arse in 67 and would kick their asses today.
BOOM! Correct sir.
Posted on 10/8/15 at 4:31 pm to Street Hawk
quote:
Can someone who is more knowledgable put this in context for us? What kind of reserves are we talking about here? How many millions of barrels? How does it compare to let's say Saudi Arabia's reserves or Canadian Oil Sands for example?
Who the hell knows? If I tell you that I measured a water body in one spot, and the place I measured it is six feet deep, can you tell me how much water is in it? Of course not. All you have is one data point. It could be Toledo Ben or it could be a posthole. You can't know.
This is far, far more complicated than that, and all you have is hearsay about one data point.
Posted on 10/8/15 at 4:38 pm to tigerinthebueche
quote:
Wonder what the "we're gonna run out of oil" crowd thinks of all these new finds?
wasn't a bit of truth to peak oil
if they say there's a problem?! then they made it all up......they don't have the capacity to tell us the truth...
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