Brian Pursley

How Does the Financial Crisis Affect the Peak Oil Thesis?

There is no such thing as peak oil because hydrocarbons are infinite and renewable.

Pickens Explains His Plan

Oil is abiotic, renewable, and infinite. For the first time scientists have observed biomarkers contaminating abiotic oil: oilismastery.blogspot..../

Price of Oil: Speculation vs. Fundamentals

Oil is abiotic, renewable, and infinite. For the first time scientists have observed biomarkers contaminating abiotic oil: oilismastery.blogspot..../

5 Reasons Why the $700B Bailout Could Translate to $250 Oil

Hydrocarbons are infinite and the Earth is growing: oilismastery.blogspot..../

Renewable Energy Development Falling Far Short of Potential

We need to invest more in renewable oil.

"Hydrocarbons can be re-defined as a 'renewable resource, rather than a finite one' (Gurney 1997)" -- Peter R. Odell, economist/geologist, 2004

"Enormous implications follow from oil and gas being renewable resources." -- Peter R. Odell, economist/geologist, 2004

Unfortunately Mr. Market is emotional, irrational, unscientific, and afraid of the real world.

Renewable Energy Is On the Rise in U.S.

Oil is renewable.

"Hydrocarbons can be re-defined as a 'renewable resource, rather than a finite one' (Gurney 1997)" -- Peter R. Odell, economist/geologist, 2004

"Enormous implications follow from oil and gas being renewable resources." -- Peter R. Odell, economist/geologist, 2004

The Best Alternative Energy Play

The average new oil field discovery was 30 billion barrels 50 years ago? That's news to me since that would put the average well 50 years ago as the fourth biggest discovery in world history after Ghawar, Burgan, and Sugarloaf/Carioca.

Is Eni Becoming Gazprom's European Twin?

I'm shocked by the ignorance.

It is a well known fact that Berlusconi is an FSB agent as revealed by Litvinenko.

Italy is part of the Eastern Block and a puppet state of Russia.

Therefore Eni is a subsidiary Gazprom.

Analysts' Oil Forecasts Wildly Off Base

Oil is infinite.

"Hydrocarbons can be re-defined as a 'renewable resource, rather than a finite one' (Gurney 1997)" -- Peter R. Odell, economist/geologist, 2004

"Enormous implications follow from oil and gas being renewable resources." -- Peter R. Odell, economist/geologist, 2004

"I do not know of any idea more likely to keep people impoverished than the idea that resources are natural, fixed, and finite. " -- Thomas R. DeGregori, economist, 2002

"The problem with the finite-resource theory is nicely illustrated by recent trends in oil production. There are 6,784 trillion fewer barrels of oil in the ground today than there were in 1981, the year in which relative oil scarcity was greatest. At first glance, then, one might think that the natural resource base has deteriorated. Yet oil is relatively more abundant today than it was 17 years ago." -- Jerry Taylor, political scientist, 1998

"The industry will never run out of oil, not in 10,000 years. Some day, it may run out of customers. Every mineral industry is a perpetual tug-of-war, between diminishing returns and increasing knowledge." -- Morris A. Adelman, economist, 1997

"Neither we, nor our grandchildren, nor their grandchildren will live to see the end of the oil era." -- Karl-Heinz Schult-Bornemann, geologist, 1997

"We now have in our hands—really, in our libraries—the technology to feed, clothe, and supply energy to an ever-growing population for the next seven billion years." -- Julian L. Simon, economist, 1995

"It is obvious that the total amount of petroleum in the rocks underlying the surface ... is large beyond computation." -- Edward Orton, geologist, 1888

oilismastery.blogspot..../

Lehman Collapse Causes Funding Difficulties for Renewable Energy Companies

Oil and gas are renewable and the companies in the sector are well funded.

"Enormous implications follow from oil and gas being renewable resources." -- Peter R. Odell, 2004

Hedge Funds Finding New Ways to Short

I have a better idea. Take your capital, leave the country, and never come back. The next totalitarian step after banning short selling is obviously to freeze our bank accounts and prevent us from leaving the country in search of financial freedom.

"Peak Oil Pundit" Predicts Rally to $500 a Barrel

"Peak Oil theory is garbage as far as we’re concerned." -- Robert W. Esser, 2006

"Enormous implications follow from oil and gas being renewable resources." -- Peter R. Odell, 2004

oilismastery.blogspot..../

Why Short-Selling Bans Cause Problems

It's called totalitarian fascism aka bipartisan socialism. Welcome to the USSA. The coup leaders Bush, Paulson, and Bernanke are jealous of the authoritarian powers in Pakistan and so they are imitating the Taliban. Guess which country didn't participate in the biggest emerging markets rally in 20 years? The only country totalitarian enough to ban short selling besides the USSA, namely Pakistan.

Needless to say this is going to cause a market crash as capital, money managers, and hedge fund managers flee the country in search of economic freedom. The next step is Bush and Paulson freeze our bank accounts and prevent us from leaving the country.

Why "Drill, Baby, Drill!" Does Not Translate Into Effective National Energy Policy

Like the peak oil cultists Simmons and Pickens I'm actually invested in oil and I profit from the myth of scarcity based upon ignorance of modern Russian petroleum science. Domestic drilling should be illegal forever. And you should pay me $1000 per barrel for my oil.

SEC Bans Shorting Financials

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