oilproducer's Comments RSS Syndication from SeekingAlpha.com http://seekingalpha.comuser/248690/comments http://seekingalpha.com/article/172797/comments?source=feed#comment-760816 760816 Senior Energy Advisor at MISI

Financial Sense interview
www.netcastdaily.com/b...


Dr Hirsch Power Point presentation referred to in the interiview
www.financialsense.com...

Dr. Hirsch biography
www.financialsense.com...
Senior Energy Advisor at MISI
Dr. Robert L. Hirsch is a Senior Energy Advisor at MISI and a consultant in energy, technology, and management. His primary experience is in research, development, and commercial applications. He has managed technology programs in oil and natural gas exploration and production, petroleum refining, synthetic fuels, fusion, fission, renewables, defense technologies, chemical analysis, and basic research.

Previous management positions include:

Senior Energy Program Advisor, SAIC (World oil production)
Senior Energy Analyst, RAND (Various energy studies)
Vice President of the Electric Power Research Institute (EPRI).
Vice President and Manager of Research and Technical Services for Atlantic Richfield Co. (Oil and gas exploration and production).
Founder and CEO of APTI, a roughly $50 million/year company now owned by BAE Systems. (Commercial & Defense Department technologies).
Manager of Exxon’s synthetic fuels research laboratory.
Manager of Petroleum Exploratory Research at Exxon.(Refining R & D).
Assistant Administrator of the U.S. Energy Research and Development Administration (ERDA) responsible for renewables, fusion, geothermal and basic research.(Presidential Appointment).
Director of fusion research at the U.S. Atomic Energy Commission and ERDA.

Hirsch has served as a consultant and on advisory committees for government and industry. He holds 14 patents and has over 50 publications in the energy field. He is past Chairman of the Board on Energy and Environmental Systems of the National Research Council, the operating arm of the National Academies, has served on a number of National Research Council committees, and is a National Associate of the National Academies. In recent years, he has focused on problems associated with the peaking of world conventional oil production and its mitigation.]]> Sun, 15 Nov 2009 10:03:49 -0500 Senior Energy Advisor at MISI

Financial Sense interview
www.netcastdaily.com/b...


Dr Hirsch Power Point presentation referred to in the interiview
www.financialsense.com...

Dr. Hirsch biography
www.financialsense.com...
Senior Energy Advisor at MISI
Dr. Robert L. Hirsch is a Senior Energy Advisor at MISI and a consultant in energy, technology, and management. His primary experience is in research, development, and commercial applications. He has managed technology programs in oil and natural gas exploration and production, petroleum refining, synthetic fuels, fusion, fission, renewables, defense technologies, chemical analysis, and basic research.

Previous management positions include:

Senior Energy Program Advisor, SAIC (World oil production)
Senior Energy Analyst, RAND (Various energy studies)
Vice President of the Electric Power Research Institute (EPRI).
Vice President and Manager of Research and Technical Services for Atlantic Richfield Co. (Oil and gas exploration and production).
Founder and CEO of APTI, a roughly $50 million/year company now owned by BAE Systems. (Commercial & Defense Department technologies).
Manager of Exxon’s synthetic fuels research laboratory.
Manager of Petroleum Exploratory Research at Exxon.(Refining R & D).
Assistant Administrator of the U.S. Energy Research and Development Administration (ERDA) responsible for renewables, fusion, geothermal and basic research.(Presidential Appointment).
Director of fusion research at the U.S. Atomic Energy Commission and ERDA.

Hirsch has served as a consultant and on advisory committees for government and industry. He holds 14 patents and has over 50 publications in the energy field. He is past Chairman of the Board on Energy and Environmental Systems of the National Research Council, the operating arm of the National Academies, has served on a number of National Research Council committees, and is a National Associate of the National Academies. In recent years, he has focused on problems associated with the peaking of world conventional oil production and its mitigation.]]> http://seekingalpha.com/article/172797/comments?source=feed#comment-757853 757853
The US consumes/consumed 20 million total barrels of oil per day. The US highway transport system consumed 10 million of that 20 million every day. So, 10 million barrels went to market use other than cars, trucks, SUVs, etc.

But the US only produced 5.1 million barrels per day. That means the US needed to import about 15 million barrels every day.

All things being equal, if all roadway driving was outlawed, all highways vacated, the US would eliminate half its oil consumption.

But since the US would still be consuming 10 million barrels per day, while only producing 5.1, it'd still have to import half its daily oil needs.

I'm all in favor of drilling off the coasts (why should everyone else bail out California when they have Santa Barbra's field offshore as a source of revenue Californians refuse to utilize?) and in places like ANWAR. But if anyone believe these source will have much effect on US imports and meeting future consumption needs I believe they don't understand how serious the energy crisis actually is.

On Nov 12 10:41 AM oilproducer wrote:

> According to the IEA, at a decline rate of 6.7% annually the world
> needs bring online the equivalent of 4 new Saudi Arabias by 2030
> just to keep production at current capacity. That's a new Saudi Arabia
> every 5 years. To offset this decline rate and meet expected increasing
> demands from developing counties in additon to OECD countries 6 new
> Saudi Arabian equivalents must come on line by 2030. That's a new
> Saudi Arabian equivalent every 3.5 years. Source to IEA World Energy
> Outlook 2008 report: oildepletiondebate.blo...
>
>
> The world consumes between 84 & 85 million barrels every day
> (86+ before the recession). So, since everyone knows what a 55 gallon
> steel drum looks like....
>
> Visualize 85 million barrels of oil being consumed every day by converting
> barrel volumes into 55 gallon steel drums:
> * 42 gallons equals one oil barrel
> * A 55 gallon steel drum is 3 feet tall by 22 inches wide
> * A mile is 5,280 feet
> * The circumference of the earth is 24,901 miles
> * Speed of sound 768 mph
>
> (85,000,000bbl x 42gal) / 55gal = 64,909,090 fifty-five gallon steel
> drums being consumed every day
>
> Lay those steel drums end to end to make a pipeline:
> (64,9090,090 x 3ft) / 5280ft = a 36,880 mile long pipeline
>
> 36,880 miles / 24,901miles = a steel-drum pipeline of oil being
> consumed every day stretching 1 1/2 times around the earth.
>
> (36,880 / 24hr) / 768mph = Mach 2 or twice the speed of sound the
> oil would need to flow to replace the volume of oil in this pipeline
> every 24 hours.
>
> (36,880 x 365days) / 24,901miles = 540, or the times you would encircle
> the earth each year with 55 gallon steel drums.]]> Thu, 12 Nov 2009 19:12:19 -0500
The US consumes/consumed 20 million total barrels of oil per day. The US highway transport system consumed 10 million of that 20 million every day. So, 10 million barrels went to market use other than cars, trucks, SUVs, etc.

But the US only produced 5.1 million barrels per day. That means the US needed to import about 15 million barrels every day.

All things being equal, if all roadway driving was outlawed, all highways vacated, the US would eliminate half its oil consumption.

But since the US would still be consuming 10 million barrels per day, while only producing 5.1, it'd still have to import half its daily oil needs.

I'm all in favor of drilling off the coasts (why should everyone else bail out California when they have Santa Barbra's field offshore as a source of revenue Californians refuse to utilize?) and in places like ANWAR. But if anyone believe these source will have much effect on US imports and meeting future consumption needs I believe they don't understand how serious the energy crisis actually is.

On Nov 12 10:41 AM oilproducer wrote:

> According to the IEA, at a decline rate of 6.7% annually the world
> needs bring online the equivalent of 4 new Saudi Arabias by 2030
> just to keep production at current capacity. That's a new Saudi Arabia
> every 5 years. To offset this decline rate and meet expected increasing
> demands from developing counties in additon to OECD countries 6 new
> Saudi Arabian equivalents must come on line by 2030. That's a new
> Saudi Arabian equivalent every 3.5 years. Source to IEA World Energy
> Outlook 2008 report: oildepletiondebate.blo...
>
>
> The world consumes between 84 & 85 million barrels every day
> (86+ before the recession). So, since everyone knows what a 55 gallon
> steel drum looks like....
>
> Visualize 85 million barrels of oil being consumed every day by converting
> barrel volumes into 55 gallon steel drums:
> * 42 gallons equals one oil barrel
> * A 55 gallon steel drum is 3 feet tall by 22 inches wide
> * A mile is 5,280 feet
> * The circumference of the earth is 24,901 miles
> * Speed of sound 768 mph
>
> (85,000,000bbl x 42gal) / 55gal = 64,909,090 fifty-five gallon steel
> drums being consumed every day
>
> Lay those steel drums end to end to make a pipeline:
> (64,9090,090 x 3ft) / 5280ft = a 36,880 mile long pipeline
>
> 36,880 miles / 24,901miles = a steel-drum pipeline of oil being
> consumed every day stretching 1 1/2 times around the earth.
>
> (36,880 / 24hr) / 768mph = Mach 2 or twice the speed of sound the
> oil would need to flow to replace the volume of oil in this pipeline
> every 24 hours.
>
> (36,880 x 365days) / 24,901miles = 540, or the times you would encircle
> the earth each year with 55 gallon steel drums.]]> http://seekingalpha.com/article/172797/comments?source=feed#comment-757093 757093 oildepletiondebate.blo...

The world consumes between 84 & 85 million barrels every day (86+ before the recession). So, since everyone knows what a 55 gallon steel drum looks like....

Visualize 85 million barrels of oil being consumed every day by converting barrel volumes into 55 gallon steel drums:
* 42 gallons equals one oil barrel
* A 55 gallon steel drum is 3 feet tall by 22 inches wide
* A mile is 5,280 feet
* The circumference of the earth is 24,901 miles
* Speed of sound 768 mph

(85,000,000bbl x 42gal) / 55gal = 64,909,090 fifty-five gallon steel drums being consumed every day

Lay those steel drums end to end to make a pipeline:
(64,9090,090 x 3ft) / 5280ft = a 36,880 mile long pipeline

36,880 miles / 24,901miles = a steel-drum pipeline of oil being consumed every day stretching 1 1/2 times around the earth.

(36,880 / 24hr) / 768mph = Mach 2 or twice the speed of sound the oil would need to flow to replace the volume of oil in this pipeline every 24 hours.

(36,880 x 365days) / 24,901miles = 540, or the times you would encircle the earth each year with 55 gallon steel drums. ]]> Thu, 12 Nov 2009 10:41:50 -0500 oildepletiondebate.blo...

The world consumes between 84 & 85 million barrels every day (86+ before the recession). So, since everyone knows what a 55 gallon steel drum looks like....

Visualize 85 million barrels of oil being consumed every day by converting barrel volumes into 55 gallon steel drums:
* 42 gallons equals one oil barrel
* A 55 gallon steel drum is 3 feet tall by 22 inches wide
* A mile is 5,280 feet
* The circumference of the earth is 24,901 miles
* Speed of sound 768 mph

(85,000,000bbl x 42gal) / 55gal = 64,909,090 fifty-five gallon steel drums being consumed every day

Lay those steel drums end to end to make a pipeline:
(64,9090,090 x 3ft) / 5280ft = a 36,880 mile long pipeline

36,880 miles / 24,901miles = a steel-drum pipeline of oil being consumed every day stretching 1 1/2 times around the earth.

(36,880 / 24hr) / 768mph = Mach 2 or twice the speed of sound the oil would need to flow to replace the volume of oil in this pipeline every 24 hours.

(36,880 x 365days) / 24,901miles = 540, or the times you would encircle the earth each year with 55 gallon steel drums. ]]> http://seekingalpha.com/article/92208/comments?source=feed#comment-238953 238953
Well it is possible to make carpet from corn oil. You just can't make enough to fill the demand.

The next time you drive on the highway try to imagine all the miles of asphat on all the roadways in the US...and then the rest of the world where all that tar had been pumped out of a well from somewhere in the world. How many barrels of tar did it take? And then these roadways have to be resurfaced from time to time.

If you were going to use concrete for roadways you still have to heat the cement to 2800 degrees in the manufacturing of this product. The liquid lava flowing out of Hawaii's volcanos' is 2200 degrees. So every square inch of an four-lane interstate highway system made with concrete used cement heated to temp 600 degrees high than that lava]]> Mon, 25 Aug 2008 22:20:28 -0400
Well it is possible to make carpet from corn oil. You just can't make enough to fill the demand.

The next time you drive on the highway try to imagine all the miles of asphat on all the roadways in the US...and then the rest of the world where all that tar had been pumped out of a well from somewhere in the world. How many barrels of tar did it take? And then these roadways have to be resurfaced from time to time.

If you were going to use concrete for roadways you still have to heat the cement to 2800 degrees in the manufacturing of this product. The liquid lava flowing out of Hawaii's volcanos' is 2200 degrees. So every square inch of an four-lane interstate highway system made with concrete used cement heated to temp 600 degrees high than that lava]]> http://seekingalpha.com/article/92208/comments?source=feed#comment-237934 237934 Dr Sadad Al-Husseini
Brown University PhD, former head of Saudi Armco’s production & exploration
November 1, 2007 interview
Page down to: Listen to the interview with Sadad al-Huseini.
www.davidstrahan.com/b...
www.energybulletin.net...
In a revealing interview with journalist David Strahan at this year's Oil & Money Conference, former head of Saudi Arabian exploration & production Sadad Al-Husseini told the world that he now believes that the current level of world oil production will likely never be exceeded. Al-Husseini's view coincides with that of T. Boone Pickens, who stated at ASPO-USA's Houston conference that the world oil production peaked in 2006. The 85 million barrels per day of liquids available to the markets now is all we're ever going to get if these oil industry veterans are correct. With demand rising and supply flat, prices must rise. Accordingly, Al-Husseini believes that oil prices will rise by $12 per barrel per year from here on out, assuming a "base" price level of about $70 in 2007. The nominal price is now just above $92/barrel, so the difference must be due to the usual suspects cited by the mainstream media, including speculators, the weak dollar, rising Asian demand, resource nationalism, geopolitics in the Middle East, disruptions in Nigeria, and Iraq.

Society of Petroleum Engineers 2004 debate
Who is more the credible industry insider to this debate? In the Q&A Lynch or Simmons?
interface.audiovideowe...


]]> Sun, 24 Aug 2008 17:31:47 -0400 Dr Sadad Al-Husseini
Brown University PhD, former head of Saudi Armco’s production & exploration
November 1, 2007 interview
Page down to: Listen to the interview with Sadad al-Huseini.
www.davidstrahan.com/b...
www.energybulletin.net...
In a revealing interview with journalist David Strahan at this year's Oil & Money Conference, former head of Saudi Arabian exploration & production Sadad Al-Husseini told the world that he now believes that the current level of world oil production will likely never be exceeded. Al-Husseini's view coincides with that of T. Boone Pickens, who stated at ASPO-USA's Houston conference that the world oil production peaked in 2006. The 85 million barrels per day of liquids available to the markets now is all we're ever going to get if these oil industry veterans are correct. With demand rising and supply flat, prices must rise. Accordingly, Al-Husseini believes that oil prices will rise by $12 per barrel per year from here on out, assuming a "base" price level of about $70 in 2007. The nominal price is now just above $92/barrel, so the difference must be due to the usual suspects cited by the mainstream media, including speculators, the weak dollar, rising Asian demand, resource nationalism, geopolitics in the Middle East, disruptions in Nigeria, and Iraq.

Society of Petroleum Engineers 2004 debate
Who is more the credible industry insider to this debate? In the Q&A Lynch or Simmons?
interface.audiovideowe...


]]> http://seekingalpha.com/article/92208/comments?source=feed#comment-237150 237150 bakkenshale.blogspot.c...
Time For A Reality Rant
You know, I get just a little tired of companies trolling for investors and general media reports that keep bringing up the hundreds of billions of barrels that supposedly exist in the Bakken everytime the formation is mentioned. My question to them is "so what?" Instead, why not tell me what percentage of that figure is recoverable, as isn't that what's really important? For the ignorant, these reports make it sounds like all that previously unknown oil is just waiting down there for whomever wants to put a straw into this vast underground pool like Spindletop and then just let it flow. That is hardly the case.

bakkenshale.blogspot.c...
]]> Sat, 23 Aug 2008 10:41:41 -0400 bakkenshale.blogspot.c...
Time For A Reality Rant
You know, I get just a little tired of companies trolling for investors and general media reports that keep bringing up the hundreds of billions of barrels that supposedly exist in the Bakken everytime the formation is mentioned. My question to them is "so what?" Instead, why not tell me what percentage of that figure is recoverable, as isn't that what's really important? For the ignorant, these reports make it sounds like all that previously unknown oil is just waiting down there for whomever wants to put a straw into this vast underground pool like Spindletop and then just let it flow. That is hardly the case.

bakkenshale.blogspot.c...
]]> http://seekingalpha.com/article/92208/comments?source=feed#comment-237145 237145 not true
Oil Discovery Trend graphs
BP: www.theoildrum.com/upl...
Exxon: www.daveseslbiofuel.co...

USGS: Are We Running Out of Oil?
pubs.usgs.gov/of/2000/...

Alternatives? Not everyone shares that opinion
Bill Reinert, Toyota’s alternative fuel manger on ethanol
video.google.com/video...
video.google.com/video...

With the world using the equivolent of over 2,000,000 Olympic pools every year, does anyone really believe well replace just half that amount with something like ethanol?

And coal? yes it's possible to use coal for synfuel but the burning question is at what costs to the consumers' pocketbooks. IOW you'd still have the problem of consumer spending an even greater percentage of the income of auto fuel then the affect $4 gasoline had on their budgets.
]]> Sat, 23 Aug 2008 10:34:00 -0400 not true
Oil Discovery Trend graphs
BP: www.theoildrum.com/upl...
Exxon: www.daveseslbiofuel.co...

USGS: Are We Running Out of Oil?
pubs.usgs.gov/of/2000/...

Alternatives? Not everyone shares that opinion
Bill Reinert, Toyota’s alternative fuel manger on ethanol
video.google.com/video...
video.google.com/video...

With the world using the equivolent of over 2,000,000 Olympic pools every year, does anyone really believe well replace just half that amount with something like ethanol?

And coal? yes it's possible to use coal for synfuel but the burning question is at what costs to the consumers' pocketbooks. IOW you'd still have the problem of consumer spending an even greater percentage of the income of auto fuel then the affect $4 gasoline had on their budgets.
]]> http://seekingalpha.com/article/92208/comments?source=feed#comment-236891 236891 Fri, 22 Aug 2008 18:50:59 -0400 http://seekingalpha.com/article/92208/comments?source=feed#comment-236887 236887
Prof Rick Smalley - Our Energy Challenge
Columbia University Nanoscale Science and Engineering Center presents "Our Energy Challenge" by Nobel laureate Professor Richard Smalley of Rice University.
video.google.com/video...
Power point presentation Smalley is using in the above lecture
smalley.rice.edu/empli...

At 85 million barrels per day and a CERA claimed decline rated of 4.5% per year one existing production Neil King Jr, oil reporter for the Wall Street Journal, pointed out that represents an annual decline of about 4 million barrels. And that is just so happens that Iran produces 4 million barrels. So to keep production flat year over year the oil industry must bring to market the equivolent of a new Iran every year.

Anyone been watching the Olympic's swimming events? At 86 million barrels per day (a 1000 barrels per second) you could fill 5,600 Olympic pools of oil every day or enough to fill 2,044,000 pools in one year. Lay those end to end and you'd have a train of 'em 63,500 miles long.

At 85 million per day if you laid each barrel on the ground to make a pipeline, your pipeline would be 28 inches in diameter and reach 1.6 times around the world. And since the since the world uses that volume every day the crude flowing through this pipeline would be traveling at a speed greater then twice the speed of sound.

One more visualization. This is by John Hofmeister, president of Shell, before the House: the US economy uses 10,000 gallons of oil every second (240-250 barrels or about 1/4 the world supply), It, the US economy, uses 60 billion cubic feet of natural gas every day. And if you stack those cubic feet on top of each other they'd reach from the earth to the moon and back again...25 times. That's every day. And the US economy uses 20 railcars of coal evey minute. That's a 100 railcar train every 5 minutes.

If you want to watch The End of Suburbia the producers have put it on youtube www.youtube.com/watch?...

Here's more videos
oildepletiondebate.blo...


]]> Fri, 22 Aug 2008 18:48:58 -0400
Prof Rick Smalley - Our Energy Challenge
Columbia University Nanoscale Science and Engineering Center presents "Our Energy Challenge" by Nobel laureate Professor Richard Smalley of Rice University.
video.google.com/video...
Power point presentation Smalley is using in the above lecture
smalley.rice.edu/empli...

At 85 million barrels per day and a CERA claimed decline rated of 4.5% per year one existing production Neil King Jr, oil reporter for the Wall Street Journal, pointed out that represents an annual decline of about 4 million barrels. And that is just so happens that Iran produces 4 million barrels. So to keep production flat year over year the oil industry must bring to market the equivolent of a new Iran every year.

Anyone been watching the Olympic's swimming events? At 86 million barrels per day (a 1000 barrels per second) you could fill 5,600 Olympic pools of oil every day or enough to fill 2,044,000 pools in one year. Lay those end to end and you'd have a train of 'em 63,500 miles long.

At 85 million per day if you laid each barrel on the ground to make a pipeline, your pipeline would be 28 inches in diameter and reach 1.6 times around the world. And since the since the world uses that volume every day the crude flowing through this pipeline would be traveling at a speed greater then twice the speed of sound.

One more visualization. This is by John Hofmeister, president of Shell, before the House: the US economy uses 10,000 gallons of oil every second (240-250 barrels or about 1/4 the world supply), It, the US economy, uses 60 billion cubic feet of natural gas every day. And if you stack those cubic feet on top of each other they'd reach from the earth to the moon and back again...25 times. That's every day. And the US economy uses 20 railcars of coal evey minute. That's a 100 railcar train every 5 minutes.

If you want to watch The End of Suburbia the producers have put it on youtube www.youtube.com/watch?...

Here's more videos
oildepletiondebate.blo...


]]>