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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: Why is the crackspread in jetfuel increasing?
misterno

Replies: 0
Views: 74

PostForum: Peak Oil Discussion   Posted: Sun Jul 06, 2008 2:24 pm   Subject: Why is the crackspread in jetfuel increasing?
I read the below article about how the crackspread of airjet fuel is increasing and lately it has been $30 a barrel.

Now, we all know that the crackspread in gasoline much lower than that due to th ...
  Topic: 30 billion fewer miles driven, and counting
misterno

Replies: 13
Views: 605

PostForum: Current Energy News   Posted: Sat Jul 05, 2008 7:36 am   Subject: Re: 30 billion fewer miles driven, and counting
If this demand destruction is true, then why the price of oil is beaking records every week?

I don't get it.
  Topic: Why America will break apart-What Cheap energy has done..
misterno

Replies: 98
Views: 2416

PostForum: Americas Discussion   Posted: Fri Jul 04, 2008 12:48 pm   Subject: Re: Why America will break apart-What Cheap energy has done.
generalgreen

I agree with everything you said above
  Topic: Sphinx Egypt - Cydonia Mars
misterno

Replies: 15
Views: 393

PostForum: Psychology   Posted: Thu Jul 03, 2008 8:56 am   Subject: Re: Sphinx Egypt - Cydonia Mars
Another CIA toy to manipulate weak brains...
  Topic: Another Record ($145.85)
misterno

Replies: 108
Views: 7025

PostForum: Current Energy News   Posted: Thu Jul 03, 2008 7:10 am   Subject: Re: Another Record ($144.53)
Oil hits $145.85 and yet nobody on the street cares

Everybody lives on la la land, parking lots full of SUVS, restaurants full of people, nobody ever mentions high price of oil. very few are concer ...
  Topic: WW3.Oil and Economics.
misterno

Replies: 22
Views: 831

PostForum: Energy Geopolitics   Posted: Wed Jul 02, 2008 1:40 pm   Subject: Re: WW3.Oil and Economics.
Once Israel is involved with US Army's invasion of Iraq, then you will see how 3rd world war looks like. There are 1BN muslims in the world waiting for that day.

Add this the coming up PO which wi ...
  Topic: I see dead people.
misterno

Replies: 56
Views: 1899

PostForum: Psychology   Posted: Wed Jul 02, 2008 1:35 pm   Subject: Re: I see dead people.
I agree with OP %100. I have friends recently purchased large mansions 30 miles away from downtown Houston. 2 cars in the garage on being an SUV.

All purchased with credit. I have another friend yu ...
  Topic: Sex for Oil
misterno

Replies: 30
Views: 1408

PostForum: Depletion Economics   Posted: Wed Jul 02, 2008 10:16 am   Subject: Re: Sex for Oil
Now you understand why Harem was invented by Arabs Smile
  Topic: Howcome gas is $5.44/gal in India, and people lined up??????
misterno

Replies: 18
Views: 1049

PostForum: Peak Oil Discussion   Posted: Tue Jul 01, 2008 6:31 pm   Subject: Re: Howcome gas is $5.44/gal in India, and people lined up??
so you are from Romania and I am from Turkey though living in the states now

I am talking to friends living in Istanbul and try to understand if people are complaining about $11.28/gal for gas. Eve ...
  Topic: Howcome gas is $5.44/gal in India, and people lined up??????
misterno

Replies: 18
Views: 1049

PostForum: Peak Oil Discussion   Posted: Tue Jul 01, 2008 12:00 pm   Subject: Howcome gas is $5.44/gal in India, and people lined up??????
Look at the video below. Thousands of people are waiting on the line to buy gas in a country where minimum wage is less than $0.50 an hour and gas is $5.44/gal.

Where do these people find the mone ...
  Topic: What happens when Iraq is back?
misterno

Replies: 29
Views: 1424

PostForum: Peak Oil Discussion   Posted: Mon Jun 30, 2008 2:12 pm   Subject: Re: What happens when Iraq is back?
with all the shootings and bombs going off, I don't see that in the near future.
  Topic: Bush 'plans Iran air strike by August'
misterno

Replies: 160
Views: 7934

PostForum: Energy Geopolitics   Posted: Mon Jun 30, 2008 12:33 pm   Subject: Re: Bush 'plans Iran air strike by August'
US Army will spend a lot of money on oil. Smile
  Topic: fear is starting to grip ..
misterno

Replies: 42
Views: 2229

PostForum: Peak Oil Discussion   Posted: Mon Jun 30, 2008 10:35 am   Subject: Re: fear is starting to grip ..
Ok Simple and stupid question

Why is canned food cheaper than fresh?
  Topic: Indians and Chinese people!!!!! Go back to your villages
misterno

Replies: 31
Views: 1490

PostForum: Peak Oil Discussion   Posted: Mon Jun 30, 2008 10:06 am   Subject: Re: Indians and Chinese people!!!!! Go back to your villages
I don't know what Russia was thinking about China but I am sure C.. (you know what I mean) is doing a good job with introducing AIDS to Africa.

Very good job indeed not that I approve it.
  Topic: Indians and Chinese people!!!!! Go back to your villages
misterno

Replies: 31
Views: 1490

PostForum: Peak Oil Discussion   Posted: Mon Jun 30, 2008 8:00 am   Subject: Indians and Chinese people!!!!! Go back to your villages
Here is an excerpt from Matthew Simmon's interview.

"Indian and Chinese leaders need to lead the whole world into living back in villages so we can survive this post-peak oil world!"

Here is the ...
 
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