Posted on 01/18/2008 12:33:51 AM PST by Stoat
IMHO, All the talk about an oil shortage is nothing but a big scam. Oil companies can cut back on production, say there is a shortage, and charge more for their product. Not that they would ever do that. :0)
The only oil producers who cut back on production is OPEC.
Because we limit the areas that can be explored for oil, we give OPEC more power to control the market.
Actually there are two things the world isn't running out of. Oil is one and idiots is the other!
If it weren't for idiots who buy into every left wing propaganda campaign that comes along, and thus prevent the country from following a SANE energy policy that includes utilizing ALL the resources available to us, we would not have ANY energy problems!
3Lean, thanks for clearing up the math for “Brilliant” and saving me from doing it.
Don’t forget Natural Gas
Destin Dome
The natural gas fields taken off the table today represent enough
natural gas to supply a million U.S. families for over 30 years,
http://www.ngsa.org/docs/pressrelease/2002/DestinDomeAnnouncement5_29_02.pdf
http://www.gomr.mms.gov/homepg/whatsnew/techann/000044.html
BTW under the BUSH administration.
Somehow, I doubt that.
Why do we have tax and subsidy structures that promote relatively marginal “alternative” energy sources rather than more oil and better use of it?
An essential point and excellent, thought-provoking links, thank you so much for posting :-)
~snorrfle!~ Hey, I tried driving a Hybrid. When I ran over the cat, because he couldn’t hear it coming, I couldn’t stand the POS anymore.
I love my Envoy!
The perpetuation of fear has always been an effective and popular mechanism for exercising the control of populations....it's particularly effective when it hinges upon something that the average person can't see or quantify in a tangible way.
"Fear is the Mind-killer" - Frank Herbert, Dune
Production rates are available in the annual reports of oil companies. Alonging with the hundreds of millions of dollars spent on new exploration.
Stylish and looks very safe. Congratulations!
(hopefully yours has a 'flame' paintjob, an oversized moter, a big chrome 'blower' coming up out of the hood, a spoiler over the rear and a comfy bed for your new cat)
That is the basic tactic of all cartels.
It is why diamonds are so expensive. Contrary to popular belief they are not rare. But their market availability is restricted with cartels buying over 90% of world production and placing the majority of what they buy in vaults.
That is also why terrorists are able to use diamonds to finance their violence. The inflated value makes it easy to pay for weapons as long as you can control even a relatively poor source of diamonds. (see Sierra Leone)
Not to mention coal and natural gas...........
“I tried driving a Hybrid. When I ran over the cat, because he couldnt hear it coming, I couldnt stand the POS anymore.”
ROTFLMAO. Queue the Viking Kitties.
He was 19 years old and blind in one eye, most likely deaf, too. He never stayed at the end of the driveway like that, always at the top by the garage doors. I feel terrible about it.
——This also totally ignores oil shale and tar sands. There is a butt load of oil in the world. Its just not currently economically feasible to extract. Currently!——
Although the first ventures in the Canadian oil sands date back to 1913, the Suncor project went online in 1967 and still operates today. There currently are many producers in this field and area.
Oil Sands History
http://www.syncrude.ca/users/folder.asp?FolderID=5657
Oooh, that’s purty! Mine is ‘silver mist’ and it has on On-Star. I only wish I’d got the Denali!!!
I don’t have the blower or the flame paint, but my platinum hair looks hot next to the ‘silver mist!’
;o)
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