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We cannot drill our way out of this oil crisis. Since 2000, oil companies working in the U.S. have doubled the number of wells drilled per year.

Although increased drilling has added new oil to the nation's supply, it has not done so fast enough to offset the terminal decline of existing fields.

We are going to have to import more of our oil. Period.

MonteQuest

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Author Message
  Topic: World Economy Would Collapse If Oil Hit $200, Deutsche Says
KevO

Replies: 39
Views: 2547

PostForum: Current Energy News   Posted: Wed Jul 02, 2008 10:52 am   Subject: Re: World Economy Would Collapse If Oil Hit $200, Deutsche S
I thought it was already collapsing?

EXACTLY
  Topic: Record Ice Loss in Arctic 2008
KevO

Replies: 145
Views: 6955

PostForum: Environment   Posted: Sun Jun 22, 2008 9:20 am   Subject: Re: Record Ice Loss in Arctic 2008
this is dire news. It is accelerating and the extra refectivity will in turn melt Greenland at an accelerated rate. So if you live below 22 feet above sea level, in other words, Florida, NYC, London, ...
  Topic: Record Ice Loss in Arctic 2008
KevO

Replies: 145
Views: 6955

PostForum: Environment   Posted: Sun Jun 22, 2008 4:55 am   Subject: Re: Record Ice Loss in Arctic 2008
this is dire news. It is accelerating and the extra refectivity will in turn melt Greenland at an accelerated rate. So if you live below 22 feet above sea level, in other words, Florida, NYC, London, ...
  Topic: Scientists to attempt to create black-holes
KevO

Replies: 45
Views: 2043

PostForum: Environment   Posted: Sun Jun 22, 2008 4:49 am   Subject: Re: Scientists to attempt to create black-holes
Glad to know I have until mid-July before I blink out of existence. At least we don't have to worry about PO anymore....lol Laughing

it was supposed to have been switched on last year. It keeps gettin ...
  Topic: Green energy push planned for UK
KevO

Replies: 14
Views: 420

PostForum: Current Energy News   Posted: Sun Jun 22, 2008 4:35 am   Subject: Green energy push planned for UK
Wow!
The UK must be in trouble with its future needs


As many as a quarter of British homes could be fitted with solar heating panels under new government plans for a "green revolution".

Energ ...
  Topic: Saudi Arabia's Khurais Oilfield to Start Next Year
KevO

Replies: 25
Views: 1472

PostForum: Current Energy News   Posted: Sun Jun 22, 2008 4:31 am   Subject: Re: Saudi Arabia's Khurais Oilfield to Start Next Year

No wonder many experts believe Saudi's can sustain 12mbpd for a few decades.

If this is true, the truth is the Earth can't handle anymore emissions.
It HAS to stop. Oil use that is.
period
  Topic: Peak Oil on the front page of Fox News
KevO

Replies: 8
Views: 882

PostForum: Current Energy News   Posted: Sat Jun 21, 2008 4:19 am   Subject: Re: Peak Oil on the front page of Fox News
that's it.
It must be true now
  Topic: Iraq has ‘more crude oil’ than Saudi Arabia, says author
KevO

Replies: 40
Views: 3397

PostForum: Current Energy News   Posted: Fri Jun 20, 2008 1:28 pm   Subject: Re: Iraq has ‘more crude oil’ than Saudi Arabia, says author
jeez!
Don't let the US know that Iraq has more oil than Saudi Arabia!
They might invade.
  Topic: China raises fuel prices by 18%
KevO

Replies: 41
Views: 2204

PostForum: Current Energy News   Posted: Fri Jun 20, 2008 1:22 pm   Subject: Re: China to raise fuel prices
Demand Destruction here we come.....


Within 6 months after the Olympics I believe we will see $80 oil.

Mark your calendars my friends.

joeltrout


apparently not

Oil prices have rebou ...
  Topic: Honda makes first hydrogen cars
KevO

Replies: 4
Views: 527

PostForum: Current Energy News   Posted: Mon Jun 16, 2008 8:44 am   Subject: Honda makes first hydrogen cars
Japanese car manufacturer Honda has begun the first commercial production of a zero-emission, hydrogen fuel-cell powered vehicle.

The four-seater, called FCX Clarity, runs on electricity produced b ...
  Topic: Problem Solved
KevO

Replies: 17
Views: 1143

PostForum: Current Energy News   Posted: Mon Jun 16, 2008 8:40 am   Subject: Re: Problem Solved
you think it's all over?

it is now!
  Topic: Graeme's Energy News Releases
KevO

Replies: 67
Views: 2640

PostForum: Current Energy News   Posted: Sat Jun 14, 2008 12:37 pm   Subject: Re: Saudi Arabia Plans Increase in Oil Output

We're Fark, we just don't know it yet
You mean Farked, I suppose. Very Happy

I think he means fracked.

http://forbiddenplanet.co.uk/blog/wp-content/uploads/2007/08/Dirk%20Benedict%20Galactica%20Star ...
  Topic: Fuel strike begins to hit supply
KevO

Replies: 3
Views: 403

PostForum: Current Energy News   Posted: Sat Jun 14, 2008 12:35 pm   Subject: Fuel strike begins to hit supply
A strike by hundreds of Shell tanker drivers has begun to hit fuel supply in parts of England, Wales and Scotland.

On the second day of the walkout over pay, demand for fuel was up 25% and more tha ...
  Topic: Summer of DOOM
KevO

Replies: 34
Views: 2712

PostForum: Current Energy News   Posted: Sat Jun 14, 2008 12:33 pm   Subject: Re: Summer of DOOM
Cabrone - Poll tax riots many years ago, under Maggie Thatcher.

Shows though that the British (Yanks & others too) will only take so much. There is a breaking point.

Things are a' kickin up. ...
  Topic: Graeme's Energy News Releases
KevO

Replies: 67
Views: 2640

PostForum: Current Energy News   Posted: Sat Jun 14, 2008 6:15 am   Subject: Re: Saudi Arabia Plans Increase in Oil Output
What happens if KSA actually does increase production by 500,000/day but the markets aren't calmed?

Then what? Shocked

It's like aging. We can go the gym, run about parks like twats, bo tox, liposuc ...
 
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