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I'll ask again. How do the oil reserves in Alberta compare to annual consumption in North America?????
Asmodean (who wonders if he has become invisible)
Asmodean (who wonders if he has become invisible)
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Im not sure what Baruk Khazad is , but if they speak Judeo-Dwarvish, that would be "blessed are the dwarves" - lord of the mark -
it's not cut and paste friendly... so you'll have to visit the site http://www.eia.doe.gov/emeu/internat...ntlConsumptionOriginally posted by Asmodean
I'll ask again. How do the oil reserves in Alberta compare to annual consumption in North America?????
Asmodean (who wonders if he has become invisible)To us, it is the BEAST.Comment
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oops that's the international version... hold onTo us, it is the BEAST.Comment
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Well, the "problem" is only a problem, inasmuch as it has political consequences. Likewise, a nuke plant is environmentally friendly, but it has more of an environmental "problem" due to screwed up NIMBY politics.I came upon a barroom full of bad Salon pictures in which men with hats on the backs of their heads were wolfing food from a counter. It was the institution of the "free lunch" I had struck. You paid for a drink and got as much as you wanted to eat. For something less than a rupee a day a man can feed himself sumptuously in San Francisco, even though he be a bankrupt. Remember this if ever you are stranded in these parts. ~ Rudyard Kipling, 1891Comment
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Oh God...the Albertans are going to be even more insufferable for a while...
I wonder how much of that oil wealth actually trickles down to the average boob in the form of roads, schools, hospitals, welfare, job training, etc? Probably just drives up prices."Wait a minute..this isn''t FAUX dive, it's just a DIVE!"
"...Mangy dog staggering about, looking vainly for a place to die."
"sauna stories? There are no 'sauna stories'.. I mean.. sauna is sauna. You do by the laws of sauna." -P.Comment
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It makes up a large portion of the budget, and usually went into paying down the debt (= less overhead), and stuff like elimination of sales tax. So the average boob saves money.Originally posted by Seeker
Oh God...the Albertans are going to be even more insufferable for a while...
I wonder how much of that oil wealth actually trickles down to the average boob in the form of roads, schools, hospitals, welfare, job training, etc? Probably just drives up prices.
Plus Ralphie has been spending it in diversification -- IE, the ACCESS program that doubled the number of CompSci positions at the UofC, the recruiting of world-class cryptography researchers, etc."The issue is there are still many people out there that use religion as a crutch for bigotry and hate. Like Ben."
Ben Kenobi: "That means I'm doing something right. "Comment
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Oh, good, enough for China and India.Originally posted by Asher
In 2003, 174.5 billion barrels known in established reserves of the oil sands alone.
I can just see it, Edmonton and Calgary's immense future Chinatowns.....If you don't like reality, change it! me
"Oh no! I am bested!" Drake
"it is dangerous to be right when the government is wrong" Voltaire
"Patriotism is a pernecious, psychopathic form of idiocy" George Bernard ShawComment
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Lots trickle down-- Calgary and Fort mcMurray are full of people in jobs that pay well and the spinoff is incredibleOriginally posted by Seeker
Oh God...the Albertans are going to be even more insufferable for a while...
I wonder how much of that oil wealth actually trickles down to the average boob in the form of roads, schools, hospitals, welfare, job training, etc? Probably just drives up prices.You don't get to 300 losses without being a pretty exceptional goaltender.-- Ben Kenobi speaking of Roberto LuongoComment
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Short term . . absolutely correct. The reality is that the oil companies have very little certainty as to how much economically recoverable oil there is in the Alaska reserve. It is a very expensive area to transport to market so only larger finds are worthwhile.Originally posted by Kidicious
Drilling in Alaska won't decrease the price of oil one penny. That you can be sure off.
Considering that we are probably talking a minimum of 5 years before any oil from this area hits market ( and likely longer) the short term price impact will be minimal.
Longer term, who knows?? It will be impossible to measure in any event since so many other things will that impact price will change as wellYou don't get to 300 losses without being a pretty exceptional goaltender.-- Ben Kenobi speaking of Roberto LuongoComment
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Price is going up because demand is jumping. Unless there is some massive depression, oil demand will continue to grow, with Asia leading the way. If lots of oil is found in Alaska, and the Canada tar sands become viable, expect most of that oil heading west to the far east.If you don't like reality, change it! me
"Oh no! I am bested!" Drake
"it is dangerous to be right when the government is wrong" Voltaire
"Patriotism is a pernecious, psychopathic form of idiocy" George Bernard ShawComment
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Strange the thousands of people working the tar sands tend to think they are "viable" nowOriginally posted by GePap
If lots of oil is found in Alaska, and the Canada tar sands become viable,
I know what you mean though. Even if more of the various oilsands are exploited, increasing demand can swallow up all the increased production
Ahhh its a great time to be in the oil industry
You don't get to 300 losses without being a pretty exceptional goaltender.-- Ben Kenobi speaking of Roberto LuongoComment
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also its not the light sweet crude for the shale. The sands though are a little better about that. Still when someone figures it out, there's 500 years worth of oil in the shale.Originally posted by DanS
Asher's graphic is more than a little misleading. We don't know how much oil sands are available, but it's a whole lot. Also, in the US, we have a whole lot of oil shale (similar to oil sands) that remains untapped.
The "problem" with both oil sands and oil shale is that extraction is rather environmentally unfriendly. Very much like strip mining for coal. The reason Alberta can get away with it politically is because nobody lives in vast stretches of Alberta.Comment
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Originally posted by GePap
Oh, good, enough for China and India.
I can just see it, Edmonton and Calgary's immense future Chinatowns.....
Go to NE Calgary if you want Indians, and NW Calgary if you want Chinese.
I was a minority in my NW Calgary HS as a white guy.
"The issue is there are still many people out there that use religion as a crutch for bigotry and hate. Like Ben."
Ben Kenobi: "That means I'm doing something right. "Comment
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ZOMFG! If you don't buy your quota of oil today, the IRS will audit you!Originally posted by Kidicious
Increases in oil prices is like a tax.Comment
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He's never made sense. You just didn't start actually analyzing his posts until lately.Originally posted by Sava
I just don't get you lately Kid. You aren't making sense.Comment
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