Paul Ryan: Health Care Failure Could Stall Other GOP Priorities

You want to look at the next step of darkness?

Automation kills jobs for the below 100 IQ crowd (and remember, that’s 1/2 the population, by definition) and off they go to benefits.

That will look plenty bad. But you ain’t seen nothing yet.

Oil is scarce. Oil feeds everyone. Too little oil to move food to shelves and now you’re really talking dark.

Starvation is an IQ equal opportunity killer.

Is it scarce?

Well, you have to research the HELL out of it to have a feel for it, because all official information comes from ppl whose lived depend on it.

Scenarios are diabolical. Oil company hires a consultant to have an independent perspective. Consultant looks around and realizes “if I tell them they have no future, I don’t get rehired next year”. So I’m gonna tell management what they want to hear.

Classic examination of “is it scarce”. 100 years ago you loaded some lumber on a horse drawn wagon, carted it out into the field, built a 2 story high structure, drilled down 12,000 feet and got a gusher of 15,000 barrels/day. The guys working there rode a horse out 10 miles from the nearest town and hotel.

Now you build a 30 story tall sea floor oil rig, you put a gazillion horsepower engine on it, you drive it 5000 miles to a promising site, you drill down 20,000 feet, and up flows that same 15,000 barrels/day. You helicopter crew changes out to the rig a few times a month.

That’s what scarcity looks like. If it wasn’t scarce, you wouldn’t be doing that.

>>That’s what scarcity looks like. If it wasn’t scarce, you wouldn’t be doing that.

Actually, that’s the opposite of scarce. In your scenario, oil was scarce 100 years ago because we were very limited in our ways to find it and acquire it. Now, we have many technologies available to find it and now, if we can find it we can collect it. There is more known oil now than there was 30 years ago and they realize that there is more under that and in more places than ever thought possible. Far more oil than the old “dead dinosaur” theory can account for.

Scarcity of oil is only created by governments and oil companies for various reasons, but it is not created by the earth.

Legit perspective.

Here’s some more stuff to think about.

The concept of “under that”. No, it doesn’t work that way. Regardless of where it comes from. Temperature increases with depth. There is a fairly narrow range of depths in which you can find oil. The carbon chains can’t maintain length at very high temperatures. They have millions of years to break down. At deeper depths, what used to be oil is natural gas. Natgas is at shallow depths too for different reasons, but beyond about 25-30K feet down, you never find oil. It’s always gas. Natgas doesn’t move interstate trucks.

The issue of where it comes from is legit. There is natgas (methane) on Titan, so hydrocarbons didn’t require earthlife to form. BTW the theory is not dinosaurs. It’s microorganisms and even plankton. They have to have been buried along a coastline in some earthquake cataclysm or big flood from an ancient river outlet. Meaning, they have to have been buried. Oxygen would let bacteria break it down and rot it. If you bury it, no oxygen so bury them, heat them (not extremely) and crush them over about 80 million years and you get oil.

Oil people will tell you another item pretty important to the abiotic thinking. It doesn’t matter. Simply that, it doesn’t matter where it comes from. Oil has only been found in certain rock types. It has to be porous and it has to have a caprock (low permeability rock that prevents escape of molecules over the 80 million years they have to try to escape). Regardless of how oil is formed, you can’t find it in any other type of rock and that rock has mostly been found. This is Japan’s problem, actually. They had porous rock, but they have had 80 million years of earthquakes. Their caprocks cracked and the oil they might have had disassembled into stray carbon atoms.

There is way too much presumption technology will solve problems. Fracking technology is not new. The first hydraulic fracking patent was filed by Halliburton — in 1949. Feeding proppant in to make shale gas and oil flow was first done by the Russians — in 1952.

It got big in NorthDakota and the EagleFord and Permian for essentially one reason only. Not technology. Price. The price got to $110/b and interest rates got to zero. It was only marginally profitable then, but the banks were told not to foreclose. They renegotiated the loans to keep the ball rolling, just like what was done with mortgages. Pop on over and look at the earnings of Continental Resources and Whiting, the two big frackers. Losing money hand over fist. The banks keep the ball rolling because you HAVE to have oil.

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