oilproducer

Geologist: In Terms of Supply and Demand, the Oil Peak Is Past

"Given that we live in a world made of plastics, does anyone know what we are going to use as a substitute for oil in the chemical/industrial complex?"

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

Geologist: In Terms of Supply and Demand, the Oil Peak Is Past

To Tim T:
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...

Geologist: In Terms of Supply and Demand, the Oil Peak Is Past

How 'bout the Bakken that people think is the new savior
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...

Geologist: In Terms of Supply and Demand, the Oil Peak Is Past

10x bigger than the previous one?
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.

Geologist: In Terms of Supply and Demand, the Oil Peak Is Past

Hmm since it looks like those video didn't publish you can go the website to get them

Geologist: In Terms of Supply and Demand, the Oil Peak Is Past

Vboring, nanosolar is the dream. It is not a reality. Here's video lecuture by the father of nanotech, Richard Smalley. Very sobering stuff

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...