Hoarding is exactly what the government is doing right now by filling the SPR, and frankly it's the best thing that could happen. It drives prices up. High prices encourage demand destruction. They also finance new well development. The hoarded oil gives us a buffer to fall back on once shortages become more prevalent. High prices are what we need in order to adapt to what's coming, and the sooner they happen, the better.
except just for oil,instead of for oil and gas _________________ If everybody became a vegan, peak oil will not be a problem,nor will global warming,deforestation,water shortages,expensive food,famine etc.
Posted: Sun Sep 09, 2007 5:19 am Post subject: Re: Cumalative oil used counter
does nobofy else agree?
it would really bring it home to people how much oil we are using _________________ If everybody became a vegan, peak oil will not be a problem,nor will global warming,deforestation,water shortages,expensive food,famine etc.
Posted: Sun Sep 09, 2007 11:48 pm Post subject: Re: Cumalative oil used counter
Maybe a total cumulative counter - or maybe a count-down timer would be more impressive. Just set it up so the total proven reserves can be changed as 'newer' data comes in
Along these lines, I always thought it would be cool to build a computer model that would simply allow data from millions of individual wells to be input and then sum their estimated future production as a function of time. Might be a fun project if there was any way to get the data to load into it.
_________________ "If you are a real seeker after truth, it's necessary that at least once in your life you doubt all things as far as possible"-Rene Descartes
"When you have excluded the impossible, whatever remains however improbable must be the truth"-Sherlock Holmes
Posted: Tue Sep 11, 2007 5:02 am Post subject: Re: Cumalative oil used counter
the data for the clock is a bit out of date,but that is the sort of thing i was talking about,thanks _________________ If everybody became a vegan, peak oil will not be a problem,nor will global warming,deforestation,water shortages,expensive food,famine etc.
Joined: Aug 13, 2004 Posts: 1173 Location: Richmond, VA, Pale Blue Dot
Posted: Tue Sep 11, 2007 8:50 am Post subject: Re: Cumalative oil used counter
sirrom wrote:
the data for the clock is a bit out of date,but that is the sort of thing i was talking about,thanks
True. Plus we won't be consuming the same amount for 29.7 years and then run out, so it's somewhat misleading. _________________ "If you are a real seeker after truth, it's necessary that at least once in your life you doubt all things as far as possible"-Rene Descartes
"When you have excluded the impossible, whatever remains however improbable must be the truth"-Sherlock Holmes
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