Brian Pursley's Comments RSS Syndication from SeekingAlpha.com http://seekingalpha.comuser/187960/comments http://seekingalpha.com/article/100447-how-does-the-financial-crisis-affect-the-peak-oil-thesis?source=feed#comment-285494 285494 Sun, 19 Oct 2008 05:53:49 -0400 http://seekingalpha.com/article/98292-pickens-explains-his-plan?source=feed#comment-271985 271985 oilismastery.blogspot..../]]> Thu, 02 Oct 2008 16:07:14 -0400 oilismastery.blogspot..../]]> http://seekingalpha.com/article/98235-price-of-oil-speculation-vs-fundamentals?source=feed#comment-271982 271982 oilismastery.blogspot..../]]> Thu, 02 Oct 2008 16:06:36 -0400 oilismastery.blogspot..../]]> http://seekingalpha.com/article/97976-5-reasons-why-the-700b-bailout-could-translate-to-250-oil?source=feed#comment-270501 270501 oilismastery.blogspot..../

]]> Wed, 01 Oct 2008 12:12:54 -0400 oilismastery.blogspot..../

]]> http://seekingalpha.com/article/97847-renewable-energy-development-falling-far-short-of-potential?source=feed#comment-270192 270192
"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. ]]> Wed, 01 Oct 2008 02:27:26 -0400
"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. ]]> http://seekingalpha.com/article/97468-renewable-energy-is-on-the-rise-in-u-s?source=feed#comment-266897 266897
"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]]> Sat, 27 Sep 2008 12:51:45 -0400
"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]]> http://seekingalpha.com/article/97360-the-best-alternative-energy-play?source=feed#comment-265069 265069 Thu, 25 Sep 2008 14:33:34 -0400 http://seekingalpha.com/article/97327-is-eni-becoming-gazprom-s-european-twin?source=feed#comment-265055 265055
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.]]> Thu, 25 Sep 2008 14:23:09 -0400
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.]]> http://seekingalpha.com/article/97176-analysts-oil-forecasts-wildly-off-base?source=feed#comment-264025 264025
"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..../]]> Wed, 24 Sep 2008 16:55:34 -0400
"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..../]]> http://seekingalpha.com/article/96876-lehman-collapse-causes-funding-difficulties-for-renewable-energy-companies?source=feed#comment-263047 263047
"Enormous implications follow from oil and gas being renewable resources." -- Peter R. Odell, 2004]]> Tue, 23 Sep 2008 21:30:34 -0400
"Enormous implications follow from oil and gas being renewable resources." -- Peter R. Odell, 2004]]> http://seekingalpha.com/article/96968-hedge-funds-finding-new-ways-to-short?source=feed#comment-262821 262821 Tue, 23 Sep 2008 15:48:57 -0400 http://seekingalpha.com/article/96872-peak-oil-pundit-predicts-rally-to-500-a-barrel?source=feed#comment-262698 262698
"Enormous implications follow from oil and gas being renewable resources." -- Peter R. Odell, 2004

oilismastery.blogspot..../]]> Tue, 23 Sep 2008 14:14:20 -0400
"Enormous implications follow from oil and gas being renewable resources." -- Peter R. Odell, 2004

oilismastery.blogspot..../]]> http://seekingalpha.com/article/96612-why-short-selling-bans-cause-problems?source=feed#comment-261814 261814
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.]]> Mon, 22 Sep 2008 15:56:26 -0400
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.]]> http://seekingalpha.com/article/96685-why-drill-baby-drill-does-not-translate-into-effective-national-energy-policy?source=feed#comment-261805 261805 Mon, 22 Sep 2008 15:48:45 -0400 http://seekingalpha.com/article/96285-sec-bans-shorting-financials?source=feed#comment-259744 259744 Fri, 19 Sep 2008 22:47:12 -0400 http://seekingalpha.com/article/96285-sec-bans-shorting-financials?source=feed#comment-259743 259743
Here is a chart of the pakistan stock market before and after imposition of short selling ban: https://admin.minyanvi...

By the way, today was the biggest emerging markets rally in 20 years. Guess which country didn't participate? The only one that banned short-selling, namely Pakistan.]]> Fri, 19 Sep 2008 22:46:43 -0400
Here is a chart of the pakistan stock market before and after imposition of short selling ban: https://admin.minyanvi...

By the way, today was the biggest emerging markets rally in 20 years. Guess which country didn't participate? The only one that banned short-selling, namely Pakistan.]]> http://seekingalpha.com/article/96363-are-short-sellers-to-blame-for-the-financial-crisis?source=feed#comment-259732 259732 Fri, 19 Sep 2008 22:34:17 -0400 http://seekingalpha.com/article/96285-sec-bans-shorting-financials?source=feed#comment-259731 259731
But I guess it's all my fault that Bear, Lehman, and AIG failed. Its all my fault, I am so sorry I short stocks. Pff. These Communists masquerading as Republicans should be tried for treason and executed.]]> Fri, 19 Sep 2008 22:32:12 -0400
But I guess it's all my fault that Bear, Lehman, and AIG failed. Its all my fault, I am so sorry I short stocks. Pff. These Communists masquerading as Republicans should be tried for treason and executed.]]> http://seekingalpha.com/article/96235-peak-oil-are-we-there-yet?source=feed#comment-259726 259726
I say oil is renewable because it is. See Eugene Island and the other wells that are refilling.

As far as discoveries having peaked 40 years ago I presume you are a cult disciple of Deffeyes, Campbell, and Simmons. They are wrong. The third biggest oil field in world history, Sugarloaf/Carioca, was only discovered in December of 2007.

Why did the US peak more than 35 years ago? Because that's when the radical environmentalists started their political engineering. The US peaked by design not by geology. We've only been drilling offshore in 2 states.

How come this peaking pattern is seen in field after field and nation after nation around the world? What peaking pattern? Brazil and Russia certainly haven't peaked. I suspect it's because drilling isn't illegal there. Just a guess.

No such thing as so-called "fossil" fuel. In the history of the universe fossils have never miraculously or magically evolved into complex hydrocarbons: oilismastery.blogspot..../]]> Fri, 19 Sep 2008 22:19:44 -0400
I say oil is renewable because it is. See Eugene Island and the other wells that are refilling.

As far as discoveries having peaked 40 years ago I presume you are a cult disciple of Deffeyes, Campbell, and Simmons. They are wrong. The third biggest oil field in world history, Sugarloaf/Carioca, was only discovered in December of 2007.

Why did the US peak more than 35 years ago? Because that's when the radical environmentalists started their political engineering. The US peaked by design not by geology. We've only been drilling offshore in 2 states.

How come this peaking pattern is seen in field after field and nation after nation around the world? What peaking pattern? Brazil and Russia certainly haven't peaked. I suspect it's because drilling isn't illegal there. Just a guess.

No such thing as so-called "fossil" fuel. In the history of the universe fossils have never miraculously or magically evolved into complex hydrocarbons: oilismastery.blogspot..../]]> http://seekingalpha.com/article/96235-peak-oil-are-we-there-yet?source=feed#comment-259274 259274
"Peak Oil theory is garbage as far as we’re concerned." -- Robert W. Esser, geologist, 2006]]> Fri, 19 Sep 2008 13:35:20 -0400
"Peak Oil theory is garbage as far as we’re concerned." -- Robert W. Esser, geologist, 2006]]> http://seekingalpha.com/article/95623-russian-oil-is-worth-the-risk?source=feed#comment-256588 256588 Wed, 17 Sep 2008 00:31:29 -0400 http://seekingalpha.com/article/95535-oil-what-s-oil?source=feed#comment-255108 255108 Mon, 15 Sep 2008 14:17:31 -0400 http://seekingalpha.com/article/95306-brazil-and-petrobras-are-awash-in-new-oil?source=feed#comment-254076 254076 www.gasresources.net/D...

It's impossible because it would violate the Second Law of Thermodynamics: www.gasresources.net/T...

Natural petroleum can only be formed at pressures above 30 kilobar which corresponds to a depth of 100 kilometers deep in the earth's mantle: www.pnas.org/content/9...

No biological molecule can survive in the mantle.]]> Sun, 14 Sep 2008 12:15:48 -0400 www.gasresources.net/D...

It's impossible because it would violate the Second Law of Thermodynamics: www.gasresources.net/T...

Natural petroleum can only be formed at pressures above 30 kilobar which corresponds to a depth of 100 kilometers deep in the earth's mantle: www.pnas.org/content/9...

No biological molecule can survive in the mantle.]]> http://seekingalpha.com/article/95012-petrobras-looks-more-compelling-than-ever?source=feed#comment-251759 251759 Thu, 11 Sep 2008 12:50:57 -0400 http://seekingalpha.com/article/95012-petrobras-looks-more-compelling-than-ever?source=feed#comment-251680 251680 Thu, 11 Sep 2008 11:51:09 -0400 http://seekingalpha.com/article/94862-why-i-m-closing-atwood-oceanics?source=feed#comment-250664 250664 Wed, 10 Sep 2008 13:21:27 -0400 http://seekingalpha.com/article/94309-petrobras-great-for-brazil-not-so-great-for-shareholders?source=feed#comment-248953 248953
money.aol.com/news/art...

www.forbes.com/afxnews...

www.bloggingstocks.com.../]]> Tue, 09 Sep 2008 00:25:27 -0400
money.aol.com/news/art...

www.forbes.com/afxnews...

www.bloggingstocks.com.../]]> http://seekingalpha.com/article/94177-unconventional-energy-still-attractive-ubs?source=feed#comment-246992 246992 Sat, 06 Sep 2008 13:45:32 -0400 http://seekingalpha.com/article/94154-energy-independence-it-s-about-demand-not-supply?source=feed#comment-246516 246516 Fri, 05 Sep 2008 15:55:37 -0400 http://seekingalpha.com/article/93736-oil-the-inconvenient-truth?source=feed#comment-245839 245839 Thu, 04 Sep 2008 19:57:54 -0400