Hat tip to JD for the find:
http://i-r-squared.blogspot.com/2009/03 ... falls.html
pstarr wrote:Actually this news demands an even more snarky response.
In the face of record high oil prices that is the best the industry and planet can do?
pathetic.
Had prices not collapsed in the 2nd half of 2008 - causing many producers to dial production back - the record would have likely been much higher.
Had prices not collapsed in the 2nd half of 2008 - causing many producers to dial production back - the record would have likely been much higher.
The Oil Drum receives a great many visitors each day (currently over 12,000 a day). While the vast majority are interested in intelligent discourse on energy issues, there is a very vocal lunatic fringe who accept Peak Oil RIGHT NOW with a religious fervor. They lash out at any viewpoints that challenge this notion. To be clear, not all who believe Peak Oil is now fall into the lunatic fringe category. In fact, most don't. There are many very serious posters who argue that peak is now, and they use data and logic to argue their point. However, the lunatic fringe will tend to associate themselves with posters espousing these views, and legitimate challenges of the data are sometimes met with bitter ad hominem attacks. Add to that the fringe who think that because I work for an oil company, they are entitled to pile on with ad hominem attacks, and I have found myself increasingly on the receiving end of some very nasty comments and e-mails.
TheDude wrote:Hirsch is correct that we should address this problem in advance instead of hoping markets will cope with it when it becomes apparent;
pstarr wrote:Actually this news demands an even more snarky response.
In the face of record high oil prices that is the best the industry and planet can do?
pathetic.
It seems those tired reworked wells have managed another month's gasp. It's not summer yet.
pstarr wrote:In the face of record high oil prices that is the best the industry and planet can do?
pathetic.
pstarr wrote:Robert Rapier was among the more optimistic (David Cohen being another) regulars at the Oildrum. Those two are in decendence as the very convincing argument for SA decline by Westexas, Stuart, Euran (and tons of others) continue to gain validity.
pstarr wrote:if Robert's "extra understanding" of the refinery system did not include previous analysis by Stuart at the Oildrum then it is not complete.
Stuart correlated current world refinery maintenance and shortage issues specifically with production declines in 'Ain Dar, Shedgum, and 'Uthmaniyah and their replacement with low-quality heavy sour crude from Hawiyah and Haradh.
pstarr wrote:Armageddon wrote:Robert is way too optimistic regarding SA. I always side with west texas on those debates.
and so do I, and it appears the majority at the Oildrum agrees that Mr. Rapier is no longer a major player. The ball is definitely in Stuart's court. I understand Stuart has submitted his analysis to Science magazine for publication.
pstarr wrote:Rapier we have embarked on the last days of petroleum. No amount of obfuscation or name calling will change that. Your ardent support of the biofool industry has been no more successful than you defense of the Kingdom. So sorry
pstarr wrote:I have no idea why you dug up ancient posts from the Oildrum. I am not interested in revisiting old debates as the entire geo(logic)political terrain has changed.
pstarr wrote:I have no idea why you dug up ancient posts from the Oildrum. I am not interested in revisiting old debates as the entire geo(logic)political terrain has changed.
pstarr wrote:It appears that no combination of endemic high oil prices (7 years has yet to open the new-field faucet) or this recession (and attendant oil-field-material cost reductions) has increased supplies to IEA demand-forecast levels. Something is wrong. Could it be peak?
pstarr wrote:No pretty presentation or hopeful science will alter the fact that our petroleum-addicted infrastructure and growth dependent (oil fueled) financial system are basically toast.
pstarr wrote:You apparently changed over the years.
OilFinder2 wrote:Hat tip to JD for the find:
http://i-r-squared.blogspot.com/2009/03 ... falls.html
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