Oil-finder: Read the Peak Oil proponents theories a little more closely, they never talk about reserves like you do, it is al about how much you can produce...i.e. flowrates. I notice your "catalog" of discoveries has almost no flowrates. Therefore not much relevant to the Peal Oil theory.
Brian Pursley you have the same problem, regardless of how it is formed, how much can you flow?
The factor that is very concerning to me though is reduced oil demand due to a world-wide depression/deflation..... that case, the price of oil may decline neck and neck with declining demand.
JJason, You have no clue about why we have energy problems. Speculation is not the core issue, not even close. Quit wasting our time with your repetitive know-nothing posts. I have an idea, why don't you do some research on other sites about the peak oil problem? You won't find much about speculation being the problem. Even if the US government did "something" about it, guess what, there are other commodity exchanges to trade on other than Nymex.
What We Can Do To Reverse the Oil Crisis [View article]
Yeah jjason, the Democrats you are whining too I am sure are going to "do something" about it. I see where they are now introducing the legislation you are dying to have implemented...to control those damn speculators, and take oil out of the strategic reserve. What great code pink ideas...typical. You are going to be very surprised when over the next couple of years those ideas gain nothing but to waste our time. And that is what we have the least of
But don't get me wrong, Democrats and Republicans are both responsible for where we are. This article is pure crap to just blame Bush.
Why $140/Barrel Crude is Unsustainable [View article]
I don't even know why anyone talks about the "mantle-produced" oil in the context of how much energy we have. If you can't produce it significantly above the 85MM bbls per day that we are already producing, then it is IRRELEVANT where it comes from. Maybe a site focusing on geology would be a better venue...
All of you guys griping about the speculators should read Dan S1's reply...the specultors make and lose money on each other. At the end of each month they all settle up. There is not true effect on the price...it's all about population, demand, and hoarding through countries not allowing drilling (including the US)...so get over trying to find the boogie man. The boogie man is us.
The 'Peak Oil' Myth: New Oil Is Plentiful [View article]
anaconda, I don't think it matters that a textbook defines "peak" as half produced. In the context of peak oil it is about flow rates not reserves. I think longoil did a great job of explaining this.
As to your contention that we are now in a "moderate to quiet period of regeneration", if the regeneration does not provide the oil flows we need today, and the over 100 we need in the future, then we have "peak oil", i.e. peak flow rates and a shortage.
Same way with not being able to drill the west coast. With your slow generation rate and the delays in drilling...same thing not enough flow.
Demand destruction will help, of course, but remember those overseas consumers don't have the same (well mostly) cheapened currency that we do.
And by the way I am not a shill for anything. So don't include everyone who thinks we have reached peak flow rates as being in on the "conspiracy".
Oil Bubble Breaking? Barron's Outlines the Case, But the Argument is Weak [View article]
Michael Levy, You are a joke. I went to your website and Barney the Dinosaur has a more serious site than that. Gee let me guess what your politics are?? Calling you a Socialist is an insult to Socialists..
I notice today in an article that many of the OPEC countries are wondering why we aren't drilling out own lands, but expect them to produce everything they can. I can see their point.
And to sikarskie@hotmail.com.... are a blithering partisan idiot and a prime example about why we have such difficulties in coming to a rational consensus to solve these problems...
Speculators Continue to Drive Oil Higher at Risk of Global Recession [View article]
jjason...Everyone has opinions, but at least mine are my own, not some links (that I have mostly read before). Point of fact is today, oil down 4+ dollars...so did speculation go down over night.??
Try to learn something about how futures work...scfranklin tried to tell you...but in your case, I guess cluelessness is genetic...
Stock accumulator, I wish you would buy that damned PBR (today or tomorrow!!!) and quit telling us on every article, every day you are going to do it. If you did what you said, you would probably now own hundreds of thousands of shares...give it a rest.
cdknop. What are you doing on a site interested in investing in commodities? Seems like a more socialist site would be better for your views.
And finally lucidone, just where do you think oil comes from?...don't give me a link, give your understanding...prefer... in less than a couple of hundred words.
Peak Oil - Are We There Yet? [View article]
Read the Peak Oil proponents theories a little more closely, they never talk about reserves like you do, it is al about how much you can produce...i.e. flowrates. I notice your "catalog" of discoveries has almost no flowrates. Therefore not much relevant to the Peal Oil theory.
Brian Pursley you have the same problem, regardless of how it is formed, how much can you flow?
The factor that is very concerning to me though is reduced oil demand due to a world-wide depression/deflation..... that case, the price of oil may decline neck and neck with declining demand.
What Happened to Peak Oil? [View article]
You have no clue about why we have energy problems. Speculation is not the core issue, not even close. Quit wasting our time with your repetitive know-nothing posts.
I have an idea, why don't you do some research on other sites about the peak oil problem?
You won't find much about speculation being the problem. Even if the US government did "something" about it, guess what, there are other commodity exchanges to trade on other than Nymex.
Crude Oil Finding a Bottom? The Great China-Olympics Canard [View article]
What We Can Do To Reverse the Oil Crisis [View article]
What We Can Do To Reverse the Oil Crisis [View article]
But don't get me wrong, Democrats and Republicans are both responsible for where we are. This article is pure crap to just blame Bush.
Why $140/Barrel Crude is Unsustainable [View article]
On Oil and Its Manipulation [View article]
There is not true effect on the price...it's all about population, demand, and hoarding through countries not allowing drilling (including the US)...so get over trying to find the boogie man. The boogie man is us.
The 'Peak Oil' Myth: New Oil Is Plentiful [View article]
As to your contention that we are now in a "moderate to quiet period of regeneration", if the regeneration does not provide the oil flows we need today, and the over 100 we need in the future, then we have "peak oil", i.e. peak flow rates and a shortage.
Same way with not being able to drill the west coast. With your slow generation rate and the delays in drilling...same thing not enough flow.
Demand destruction will help, of course, but remember those overseas consumers don't have the same (well mostly) cheapened currency that we do.
And by the way I am not a shill for anything. So don't include everyone who thinks we have reached peak flow rates as being in on the "conspiracy".
Oil Bubble Breaking? Barron's Outlines the Case, But the Argument is Weak [View article]
Oil Prices and Political Energy [View article]
Oil Prices and Political Energy [View article]
And to sikarskie@hotmail.com.... are a blithering partisan idiot and a prime example about why we have such difficulties in coming to a rational consensus to solve these problems...
Speculators Continue to Drive Oil Higher at Risk of Global Recession [View article]
Try to learn something about how futures work...scfranklin tried to tell you...but in your case, I guess cluelessness is genetic...
Speculators Continue to Drive Oil Higher at Risk of Global Recession [View article]
Really, Really Bad News About Oil [View article]
cdknop. What are you doing on a site interested in investing in commodities? Seems like a more socialist site would be better for your views.
And finally lucidone, just where do you think oil comes from?...don't give me a link, give your understanding...prefer... in less than a couple of hundred words.
T. Boone Pickens Remains a Fervent Oil Bull [View article]