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I don't think this is demand destruction keeping oil at bay. I think this is what price oil SHOULD be and the 140's we saw were equivalent to gold in the 1000+'s. Like gold, it dropped down to a more ...

I've had a few doomer dreams now.

First one I had I was in a grocery store and I guess crap hit the fan and it went from being a normal situation to having walls collapse, people grabbing everythin ...

The issue of peak oil is not the reserves, as there is plenty of oil on this planet, but rather the EROEI of extracting it. So no, it really won't effect it any more than the other trillions of barrel ...

And yet...
http://sydney.indymedia.org.au/files/sydimc/images/Oil-producing-countries-past-peak-Oct-2007.png
The next time you or anyone else accuses me of posting a forecast (which I get accused of ...

Using the same kind of reasoning . . .

World oil consumption has only risen about 1.2% in the past year, so the price of oil should only have risen about 1.2%, plus adjustment for the value of th ...

God would not punish us for disobedience. It is why he gave us free will; so we could choose for ourselves to follow the right path: the path to God.

Or maybe it's another contradiction...

Walk Score: 3 out of 100

Gotta love suburbia

our first world countries are cleaner because we outsources all our factories to china and india....

global warming isn't a good thing any way you cut it. the whole stint about natural gas etc is ...

do you realize the energy and resources required to build solar panels? Don't forget they only last 15-20 years, and batteries even less. Good luck with that one; energy has a tendency to flow from hi ...

I think it's best to keep in mind that conventional giant wells give at even a most conservative estimate somewhere around 20: 1 EROEI while these giant wells give at a most liberal estimate somewhere ...

ILP, you're like a politician. Avoid the questions, give no real answers, and never have proof. Saying this and that is great an all, but you have no evidence, and therefore your statements are void o ...

That said absolutely nothing about the trillions of barrels of oil in unconventional sources. The peak oilers there seem to act as if it doesn't even exist.

Na, but im sure the shift from 30:1 to ...

take exception to the mistaken belief that oil has a high EROEI.

In any other "sustainable" system, this is measured by adding all the inputs and losses to inefficiency, heat, etc.

With oil, we ...

Why worry about adding capacity "easily"? We'll be producing millions of barrels a day decades from now, transition hardly requires replacement of crude TODAY.

Go read Bartlett's calculations wit ...

Water will not be an issue as there is a river, and several lakes nearby, and being in manitoba, it is just naturally quite wet. Drilling a well is quite easy and wil be no problem and there will be n ...