Earth Is An Oil-Producing Machine — We're Not Running Out

Investors Business Daily ^ | 11/04/2015 | KERRY JACKSON

[Laxfan3]

Post of the day!!

[Eccl 10:2]

One of my favorite Chick Corea songs:

https://www.youtube.com/watch?v=5gIprsLc3yU

[jjotto]

Many scientists with genius in certain limited fields fail when venturing too far away from their breakthroughs. Even Einstein wasted a lot of his time.

[snarkpup]

I did some reading on abiotic oil a couple of years ago.

On one hand, it seems reasonable. Since carbon is the fourth most abundant element in the galaxy, it would make sense that the Earth would have been born with its share of it.

On the other hand, friends I know in the oil and gas industry don't seem to think there's anything to the theory.

[onedoug]

Though it doesn’t have crude either.

And why, here on earth, are deposits not found in other than sedimentary structures, as well as containing microfossils from the surface?

[mountainlion]

Oil is the most powerful political tool on earth.

[Telepathic Intruder]

Methane, ethane, various other alkanes in lesser amounts. Natural gas as abundant as water is on Earth. It’s organic but not biological. If the atmosphere contained oxygen the whole moon would burst into flames.

[thackney]

And Thomas Gold was an astrophysicist.

[RFEngineer]

So we can mark you down as an “abiotic oil denier”?

[cuban leaf]

Every time I bring up Thomas Gold, I’m told it is baloney.

Well one thing’s for sure. Nobody’s talking peak oil any more.

[Blueflag]

As it should. There are very plausible chemical processes to create CH4 and H2S ‘inorganically’.

[thackney]

No, you can mark me down who understands oil and geology.

I’m not claiming that an oil cannot be produced by an aboitic means. I am claiming that 99.999% or more of the oil we use is not produced that way.

I understand that our oil we use in the petroleum industry contains unique quantities and qualities, including microfossils, such that individual oil samples can be traced to their field of origin. Each one is different.

[cuban leaf]

Me too. It didn’t go over well.

[cuban leaf]

But we are using it much faster than it is being formed.

---

We are? Sez who?

[thackney]

Peak oil is an economic turn. We leave most of the oil in fields underground.

Put the price at $20 and see how much is produced. At current prices, it is a falling production rate in the US. Put the oil price back at $100 and far more is produced.

[BitWielder1]

I believe it.
The sheer quantities we have pumped up, the locations and the depths we have found oil strongly indicates it can't be all dinosaurs, ferns or plankton.
Even if some oil is biological in origin, should it not be possible to verify that somehow?

[Cheerio]

This is the worst news possible for the carbon crowd and America haters.

[thackney]

But we are using it much faster than it is being formed. We are? Sez who?

Me for one. I've done the math.

If the earth produced oil at the current rate of oil consumption for 400 million years, the volume of oil would cover the earth 6 miles deep.

[Darksheare]

Propane and benzene as well.

[jjotto]

‘Peak oil’ is very much still the operating theory for the world’s elites.