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To: Stentor; csivils

Peak oil.

There is decades worth of evidence which suggests that oil is replenished from deep within the earth’s mantle. But you see, if this fact were widely understood then the price of this “rare and finite” resource near its peak would be far less valuable. So you justify the absurdly high prices over the last 50 years by scaring the public (OPEC funding?) by saying, “We must conserve!” And, we’re running out of this precious, finite resource... so $200 a barrel is totally justified. What a set up.

Biggest scam ever.


13 posted on 05/24/2017 11:46:22 AM PDT by Obadiah (Global warming caused Hillary to lose the election.)
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To: Obadiah

Okie Doke, you think oil wells are replenishing themselves from deep underground from these decades of evidence you claim. Then put your money where your ignorant mouth is. Go buy up some empty oil wells and get rich.

It Doesn’t Matter Where Oil Comes From. It exists only in certain types of rock. Those are not infinite. When they empty out, they stay that way.

Don’t you think over 100 yrs when an oil well stopped flowing people didn’t go back 20 yrs later and recheck it? This has been done 100s and 1000s of times. It Stays Empty. You think otherwise? Mortgage your house and put up or shut up.


17 posted on 05/24/2017 11:52:27 AM PDT by Owen
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To: Obadiah
It's not that oil is a "rare and finite" resource. It's the labor to extract it. Even with the technology of finding oil today it is still a crap shoot to drill for it.

Kinda like looking for gold or diamonds. you may or may not find it.

27 posted on 05/24/2017 1:00:45 PM PDT by unixfox (Abolish Slavery, Repeal the 16th Amendment)
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