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How are you preparing for 'Peak Oil' / The coming oil crisis

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  • #16
    http://www.changingworldtech.com/
    The enemy cannot push a button if you disable his hand.

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    • #17
      Oil crisis ? Well, recently new surveys say that we (Denmark) will be selfsupplied to 2025 and since I'll be .. never mind - story is that 20 years ago it was claimed that we would run out of oil for approx 10 years ago.

      Oil wells noone would dare to drill for five years ago are worth drilling now and new technology are able to suck up much more oil from current/obsolete drillings, so I guess that we have to wait to 2080-90 before it might start to hurt.
      With or without religion, you would have good people doing good things and evil people doing evil things. But for good people to do evil things, that takes religion.

      Steven Weinberg

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      • #18
        What ever happened to that company that was trying thermal depolymerization plants? (I think that's what they called it...)

        Edit: Nevermind, x-post...this was the same company Ingrid linked.
        "In the beginning was the Word. Then came the ******* word processor." -Dan Simmons, Hyperion

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        • #19
          The enemy cannot push a button if you disable his hand.

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          • #20
            Originally posted by Lawrence of Arabia
            i dont think we will ever get to 'peak oil,' whatever that means, just another term invented by the lunatics trying to run the asylum.


            Its the new lunatic conspiracy theory invented by those that don't understand how supply and demand work and think that since we are so beholding to oil that is how it always will be and always has to be.

            There will be no 'dark ages'. There is plenty of fuel out there. If oil gets to be too expensive, we'll do something else.
            “I give you a new commandment, that you love one another. Just as I have loved you, you also should love one another. By this everyone will know that you are my disciples, if you have love for one another.”
            - John 13:34-35 (NRSV)

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            • #21
              Hmm still lots of places to explore and many more to produce. There are tons and tons of fields that were abandoned when oil was 12-15 bucks that are starting to make sense re-enter. Same with the oil sands-- reserves there are estimated as being larger than Saudi Arabia's , its just a lot more expensive to produce.

              As an oil exporter, Canada stands to do well economically and as someone that works in the industry, I can tell you that predictions of "running out" in my lifetime are absurd. Heck we are just STARTING to explore many of the basins with deeper water depths.
              You don't get to 300 losses without being a pretty exceptional goaltender.-- Ben Kenobi speaking of Roberto Luongo

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              • #22
                Funny thing is that when a well is declared dry, people thinks that all oil is pumepd up. That may be true for some sites, but f.ex. the wells in the nordic sea was said to be "dry" when 10 % of the oil was pumped up - new tech has changed this to 20 % wich menas that there still are lots of oil, you just have to figure out how to get it.

                Oh, some may claim that the skyrocketing of oil prices will be the doom of civlisation - I don't belive that - it will only make more oilfields worth exploring. The same rise in oil prices will at the same time make other energy sources profitable, so no, our current civlisation will not die in lack of enegy.
                With or without religion, you would have good people doing good things and evil people doing evil things. But for good people to do evil things, that takes religion.

                Steven Weinberg

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                • #23
                  we'll just die from global warming

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                  • #24
                    Originally posted by Dis
                    we'll just die from global warming
                    A possibility, but yet unproven..
                    With or without religion, you would have good people doing good things and evil people doing evil things. But for good people to do evil things, that takes religion.

                    Steven Weinberg

                    Comment


                    • #25
                      $$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$

                      woot woot
                      "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. "

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                      • #26
                        Originally posted by BlackCat
                        Funny thing is that when a well is declared dry, people thinks that all oil is pumepd up. That may be true for some sites, but f.ex. the wells in the nordic sea was said to be "dry" when 10 % of the oil was pumped up - new tech has changed this to 20 % wich menas that there still are lots of oil, you just have to figure out how to get it.
                        yup-- it all tepends on the porosity of the sandstone in which the oil is trapped and the premiability of the oil. Early recovery is easier since most reservoris will have some overpressure which means it will flow naturally (think of a juice box that you squeeze hard before puncturing with a straw)-- But after the initial days you usually require water or gas injection to push out the oil. And even with the best planned injection schemes you often get water breakthrough ( you are pumping the water you inject as the oil has been pushed to other parts of the structure)-- A new well or a recompletion to terminate elsewhere in the structure might allow a LOT of additional production
                        You don't get to 300 losses without being a pretty exceptional goaltender.-- Ben Kenobi speaking of Roberto Luongo

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                        • #27
                          Originally posted by Asher
                          $$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$

                          woot woot
                          No, most $ will go to governent - not your petty state
                          With or without religion, you would have good people doing good things and evil people doing evil things. But for good people to do evil things, that takes religion.

                          Steven Weinberg

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                          • #28
                            Originally posted by BlackCat
                            No, most $ will go to governent - not your petty state


                            The provincial government gets tons of money from it. The Federal government doesn't.

                            Every $1 increase in oil prices means $65M in royalties. Not to mention corporate tax on those oil companies.

                            Every $0.10 increase in natural gas means $110M more in royalties for Alberta...
                            "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. "

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                            • #29
                              Originally posted by Asher



                              The provincial government gets tons of money from it. The Federal government doesn't.
                              Just wait and see
                              With or without religion, you would have good people doing good things and evil people doing evil things. But for good people to do evil things, that takes religion.

                              Steven Weinberg

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                              • #30
                                If the Federal government steps in again, they can kiss Alberta goodbye.
                                "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. "

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