Revi wrote:Here is the latest from Peak Oil Barrel. Will the US production be enough to hold global peak oil off until 2020? If it does it will be getting interesting very soon. We'll see...
http://peakoilbarrel.com/opec-april-production-data-3/
onlooker wrote: Peak oil is here and it will break Economies
https://www.theguardian.com/environment ... -recession
Peak oil is here and it will break Economies
To confirm that statement all that is needed to be known is that the replacement cost of a barrel of oil is now more than twice the value of the oil.
onlooker wrote:Yes, Adam, things have only gotten worse from 6 years ago.
AdamB wrote:onlooker wrote:Yes, Adam, things have only gotten worse from 6 years ago.
Really? You invest in a different stock market than I have? You manage to miss those wonderfully mass produced 4 wheeled devices that allow people to be peak oil fuel shortage and price proof when the next peak oil arrives? Have you not been able to find some employment? My kids are collecting Minimum wage + $4/hr extra jobs in the tight labor market, the daughter just signed up for her next internship for the summer, her mother is irritated because she isn't going to be home for the summer again. Your housing value decreased where you live? Someone give you an overpriced airline ticket, because I just bought a round tripper across the country for beach week and I can't believe the things are under $200.
Might I suggest that is things have gotten worse for you over the past 6 years it is because you aren't trying?
Yeah, and Discoveries keep getting ever less and the Shale sweet spots also. Rockdoc, says we contradict ourselves by classifying Venezuelan oil as sludge unfit for favorable economic exploitation but believe US is trying to force regime change there. No contradiction, it shows how desperate we are getting.
onlooker wrote:AdamB wrote:onlooker wrote:Yes, Adam, things have only gotten worse from 6 years ago.
Really? You invest in a different stock market than I have? You manage to miss those wonderfully mass produced 4 wheeled devices that allow people to be peak oil fuel shortage and price proof when the next peak oil arrives? Have you not been able to find some employment? My kids are collecting Minimum wage + $4/hr extra jobs in the tight labor market, the daughter just signed up for her next internship for the summer, her mother is irritated because she isn't going to be home for the summer again. Your housing value decreased where you live? Someone give you an overpriced airline ticket, because I just bought a round tripper across the country for beach week and I can't believe the things are under $200.
Might I suggest that is things have gotten worse for you over the past 6 years it is because you aren't trying?
Yeah, and Discoveries keep getting ever less and the Shale sweet spots also.
onlooker wrote: Rockdoc, says we contradict ourselves by classifying Venezuelan oil as sludge unfit for favorable economic exploitation but believe US is trying to force regime change there. No contradiction, it shows how desperate we are getting. Oh and time is running out to construct even a rudimentary energy replacement matrix as the oil age winds down. So enjoy it while you can
onlooker wrote:"Shale boom belies oil patch pain"
https://www.worldoil.com/news/2019/5/15 ... bankruptcy
StarvingLion wrote:Did coffeeguise tell you that CNX is down 5% today?
Did he tell you that CNX has gone from $14 to $7.89 in the past 6 months?
Nope.
StarvingLion wrote:
I guess that transition from Oil to NG aint goin so good.
Back to more Hydrogen Hoax Economy nonsense.
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