Dybbuk wrote:When/if production trends back up, it's never going to get back to where it was.
We're entering a world of new values, where we recognize insatiable consumerism as unsustainable and empty.
There is both a decrease in demand AND an increase in supply.
amberelle wrote:I tried to find existing discussions about November 2018 C+C peak but I'm lamer or luser so dint wrk. Feel free to merge this thread, no worries.
Mostly I can't find anything about November 2018 C+C peak in consensus media although Google Bard will "chat" about it as if it's a thing.
How can the November 2018 C+C peak which is almost five years old be off of most people's radar?
Alfred Tennyson wrote:We are not now that strength which in old days
Moved earth and heaven, that which we are, we are;
One equal temper of heroic hearts,
Made weak by time and fate, but strong in will
To strive, to seek, to find, and not to yield.
.Having joined this website all the way back in 2005
suppressed crude oil demand
"It's a poor sort of memory that only works backwards," the Queen remarked.
"What sort of things do you remember best?" Alice ventured to ask.
"Oh, things that happened the week after next," the Queen replied in a careless tone. "For instance, now," she went on, sticking a large piece of plaster on her finger as she spoke, "there's the King's messenger. He's in prison now, being punished: and the trial doesn't even begin till next Wednesday: and of course the crime comes last of all."
"Suppose he never commits the crime?" said Alice.
"That would be all the better, wouldn't it?" the Queen said, as she bound the plaster around her finger with a bit of ribbon.
Alice felt there was no denying that. "Of course it would be all the better," she said; "but it wouldn't be all the better his being punished."
"You're wrong there, at any rate," said the Queen: "were you ever punished?"
"Only for faults," said Alice.
"And you were all the better for it, I know!" the Queen said triumphantly.
"Yes, but I had done the things I was punished for," said Alice; "that makes all the difference."
"But if you hadn't done them," the Queen said, "that would have been better still; better, and better, and better!" Her voice went higher with each "better," til it got quite to a squeak at last.
Alice was just beginning to say, "There's a mistake somewhere,---" when the Queen began screaming so loud that she had to leave the sentence unfinished. "Oh, oh, oh!" shouted the Queen, shaking her hand as if she wanted to shake it off. "My finger's bleeding! Oh, oh, oh, oh!"
Her screams were so exactly like the whistle of a steam-engine, that Alice had to hold both her hands over her ears.
"What is the matter?" she said, as soon as there was a chance of making herself heard. "Have you pricked your finger?"
"I haven't pricked it yet," the Queen said, "but I soon shall---oh, oh, oh!"
amberelle wrote:It does not look like the November 2018 peak will be exceeded any time soon.
What are natural gas liquids and how are they used? - EIA
The chemical composition of these hydrocarbons is similar, yet their applications vary widely. Ethane occupies the largest share of NGL field production. It is used almost exclusively to produce ethylene, which is then turned into plastics
NGLs are the light hydrocarbons other than methane that produced as part of natural gas; the most abundant ones are ethane, propane, and butane. Official statistical agencies tend to lump them together with crude oil when discussing long term trends. Thus, when the EIA or IEA say that world oil production has been rising consistently for the past decade, they are talking not only about crude oil, but about NGLs too.
theluckycountry wrote:amberelle wrote:It does not look like the November 2018 peak will be exceeded any time soon.
If the fracking gas liquid components, that are turned into plastic bags, are accounted for in the total oil production figures, then of what use are those figures in a peak oil discussion amberelle?
amberelle wrote:Why are you telling me that I am posting about total liquids when everything I wrote is about C+C?
theluckycountry wrote:amberelle wrote:Why are you telling me that I am posting about total liquids when everything I wrote is about C+C?
To illustrate that most of you assumptions, and you failed predictions, were no doubt based on faked up data. So don't feel bad about getting it wrong. GIGO
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