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Started By
Message
Ran across this image, is it true, or is it Big Oil propaganda?
Posted on 7/1/22 at 2:37 pm
Posted on 7/1/22 at 2:37 pm
26
Posted on 7/1/22 at 2:38 pm to 3Son
Possibly in the ground, but not necessarily recoverable or economically recoverable.
Posted on 7/1/22 at 2:40 pm to 3Son
The truth?
We don't really know how much oil we have left.
Hell, we aren't really *sure* how oil is made.
There are guesses, that are just that, guesses.
We don't really know how much oil we have left.
Hell, we aren't really *sure* how oil is made.
There are guesses, that are just that, guesses.
Posted on 7/1/22 at 2:43 pm to 3Son
I've seen many peak oil deadlines go by.
Technology as made America's vast oil resources evermore recoverable. It is still advancing.
Technology as made America's vast oil resources evermore recoverable. It is still advancing.
Posted on 7/1/22 at 2:46 pm to 3Son
Wouldn't shock me if that was at least close to accurate.
Posted on 7/1/22 at 2:46 pm to armsdealer
Peak oil is just based on current technology and costs. As technology grows and costs are within a marketable range the peak oil date moves back.
Posted on 7/1/22 at 2:47 pm to 3Son
Pretty damn close. The new finds in the Permian about 4-5 years ago were pretty significant and a lot of it is recoverable.
Posted on 7/1/22 at 2:49 pm to TigerV
quote:
Possibly in the ground, but not necessarily recoverable or economically recoverable.
You dont know shite. Stfu
Posted on 7/1/22 at 2:49 pm to armsdealer
quote:
Hell, we aren't really *sure* how oil is made.
I've always had a problem with the term "fossil fuel"
I believe its a renewable resource the earth provides through chemical breakdowns from its core temperatures.
This post was edited on 7/1/22 at 3:17 pm
Posted on 7/1/22 at 2:50 pm to 3Son
Hard to say. We've used petroleum for about 100 years and that's from oilfields all across America. I doubt that area can outproduce those fields by two or three times.
Posted on 7/1/22 at 3:01 pm to armsdealer
quote:
Hell, we aren't really *sure* how oil is made.
They don't want you to know that it is renewable and screws up their timeline for evolution.
Posted on 7/1/22 at 3:03 pm to aTmTexas Dillo
quote:
We've used petroleum for about 100 years and that's from oilfields all across America.
Don’t forget that technology has changed over time and will continue to change so it will keep getting easier and more efficient to extract.
Posted on 7/1/22 at 3:08 pm to BobABooey
The number Imhave seen thrown around is 400 years for total fossil fuel deposits/reserves.
Posted on 7/1/22 at 3:08 pm to 3Son
quote:
I believe its a renewable resource the earth provides through chemical breakdowns from the its core temperatures.
You are correct, however we are using it faster than the earth is making it. Much faster.
Posted on 7/1/22 at 3:10 pm to Penrod
We don't really know that. We don't know how much there is, or how fast the earth is making it
Posted on 7/1/22 at 3:11 pm to 3Son
True...
We can crank out CHO molecules from 60%+ of earth's mass
We can crank out CHO molecules from 60%+ of earth's mass
Posted on 7/1/22 at 3:18 pm to 3Son
Will never be produced at that rate (20MM BO/d). KSA has never produced at that rate. The US has never produced at that rate.
Posted on 7/1/22 at 3:20 pm to 3Son
I don’t give a shite about the next 200 years. Suck it dry now.
Posted on 7/1/22 at 3:23 pm to chili pup
Irony - if all the oil in that area were above ground, in storage tanks, and it was decided that oil was evil and must be disposed of, environmentalists would scream if you suggested it be pumped back underground
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