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Started By
Message
We busted our cherry, oil prod. just hit 11 million barrels per day last wk
Posted on 7/18/18 at 2:18 pm
Posted on 7/18/18 at 2:18 pm
We are gaining about 125,000 to 150,000 barrels per day, every month now. We are about even with the Ruskies and will pass them like they are standing still, gas production we already out produce them by about 20%. Right now we are the largest energy producers in the world fellas.
Now thats a big stick to wield.
Now thats a big stick to wield.
6
Posted on 7/18/18 at 2:22 pm to trinidadtiger
Yay Fracking!
Posted on 7/18/18 at 2:25 pm to trinidadtiger
quote:
Right now we are the largest energy producers in the world fellas.
Good, because we are one if the bigger consumers.
Posted on 7/18/18 at 2:42 pm to GeeOH
muh Peak Oil : 
Posted on 7/18/18 at 2:44 pm to CAD703X
quote:one of the biggest lies ever told. Right next to climate change
muh Peak Oil
Posted on 7/18/18 at 3:14 pm to trinidadtiger
Truck nutz stock about to explode
Posted on 7/18/18 at 3:15 pm to trinidadtiger
I cant survive many more genocides
Posted on 7/18/18 at 3:31 pm to Pelican fan99
quote:
one of the biggest lies ever told. Right next to climate change
That Bunk Moreland guy is going to be pissed
Posted on 7/18/18 at 3:41 pm to Pelican fan99
quote:
Right next to climate change
Posted on 7/18/18 at 3:47 pm to trinidadtiger
we need to flood the fricking world with cheap gas.
Posted on 7/18/18 at 3:49 pm to trinidadtiger
quote:
We busted our cherry, oil prod. just hit 11 million barrels per day last wk
Why the hell am I paying $3/gal??
Posted on 7/18/18 at 3:52 pm to Pelican fan99
quote:
muh Peak Oil
one of the biggest lies ever told. Right next to climate change
educate me on what you mean by peak oil? I think I know but not sure
Posted on 7/18/18 at 3:53 pm to eng08
quote:
Yay Fracking!
Yay $2.50-$3.00/mcf gas and wti falling about $6 over the last week....no.
Posted on 7/18/18 at 3:56 pm to AU_251
List of countries past peak.
cwill doesn't buy into my doom and gloom, but he is the most rational guy to listen to on these issues. I just think if you look at this chart, we have one last heroin blast from the fracking, but the increase is not sustainable. I hope I'm wrong.
cwill doesn't buy into my doom and gloom, but he is the most rational guy to listen to on these issues. I just think if you look at this chart, we have one last heroin blast from the fracking, but the increase is not sustainable. I hope I'm wrong.
Posted on 7/18/18 at 4:17 pm to Bunk Moreland
Technological advances will continue to produce new oil discoveries. Global oil reserves are based on recoverable oil. There's a lot of oil out there that we just can't get to yet. Don't doubt that hungry energy companies are more resourceful than a submariner with one day shore leave.
Posted on 7/18/18 at 4:18 pm to Bunk Moreland
Bunk, you would be dead on in your peak beliefs if technology were frozen in place. Without hz drilling and multi-stage fracking the price of natural gas and oil would have made alternative fuels viable and necessary...but we innovated and ushered in this new era of American energy.
That being said there probably is going to be a break over point where the cost of extraction makes alternatives viable and fossil fuels fade.
That being said there probably is going to be a break over point where the cost of extraction makes alternatives viable and fossil fuels fade.
Posted on 7/18/18 at 4:20 pm to AU_251
quote:
educate me on what you mean by peak oil?
quote:
Peak oil is the theorized point in time when the maximum rate of extraction of petroleum is reached, after which it is expected to enter terminal decline
In the 80s, peak oil was taught that the terminal decline would come from scarcity...
Posted on 7/18/18 at 4:21 pm to IceTiger
quote:
In the 80s, peak oil was taught that the terminal decline would come from scarcity...
Technology keeps pushing the peak out though.
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