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1 posted on 04/05/2018 7:32:58 PM PDT by SunkenCiv
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To: SunkenCiv

Excellent News!

That will drop the price of oil!


3 posted on 04/05/2018 7:37:48 PM PDT by Blue House Sue
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To: SunkenCiv

But,BUT BUT PEAK OIL was the rage 18 years ago. PEAK OIL!!!!


7 posted on 04/05/2018 7:44:25 PM PDT by therut
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To: SunkenCiv

There must have been an awful lot of dinosaurs in that part of the planet!


8 posted on 04/05/2018 7:44:33 PM PDT by Repeal The 17th (I was conceived in liberty, how about you?)
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To: SunkenCiv

https://www.usnews.com/news/world/articles/2018-04-05/uk-opens-permanent-military-base-in-bahrain
April 5, 2018, at 4:02 p.m.

Geopolitics in a nutshell...


9 posted on 04/05/2018 7:49:08 PM PDT by mrsmith (Dumb sluts: Lifeblood of the Media, Backbone of the Democrat/RINO Party!)
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To: SunkenCiv
For reference.


12 posted on 04/05/2018 7:54:51 PM PDT by McGruff (#StopTheInvasion)
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To: SunkenCiv

Well this just proves we must go all out into developing electric self driving cars. /s


13 posted on 04/05/2018 7:56:38 PM PDT by broken_clock (Go Trump!)
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To: SunkenCiv
Bahrain is so small I wonder how something that big could have gone undiscovered for so long.

This validates both Saudi Arabia and Mexico's plans to divest their national oil monopolies. Cheap oil is hear to stay, and countries that use their oil to bribe their citizens with welfare (Venezuela) rather than produce the oil as efficiently as possible will lose out.

15 posted on 04/05/2018 8:08:05 PM PDT by Vince Ferrer
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To: SunkenCiv

the fracking of tight-shale-oil.
only works in the US.

why is that?


18 posted on 04/05/2018 8:36:52 PM PDT by RockyTx
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To: SunkenCiv

Aren’t we do for another scare story from environazis about Peak Oil?


19 posted on 04/05/2018 9:16:19 PM PDT by Mastador1 (I'll take a bad dog over a good politician any day!)
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To: SunkenCiv

Oil is a natural, renewable substance that is continuously formed in the mantle of the earth. New oil fields are found every year.
Santa Barbara, CA has more oil that Venezuela and the Keystone pipeline will tell OPEC to scram.
I paid $3.85 at Chevron today in So Cal and feel ripped off. Gas is $2.45 in Topeka, KS today. Jerry Brown and crew are as evil as Jim Jones. And Jim Jones was freaky evil.
Oil is a natural, renewable substance that has no connection to ancient vertebrates.


20 posted on 04/05/2018 9:18:07 PM PDT by Falconspeed ("Keep your fears to yourself, but share your courage with others." Robert Louis Stevenson (1850-94))
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To: SunkenCiv

80 Billion barrels of oil is approximately 2.3 years of world consumption at current rates.

A nice find, but not earth shattering.


21 posted on 04/05/2018 9:23:07 PM PDT by marktwain (President Trump and his supporters are the Resistance. His opponents are the Reactionaries.)
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To: SunkenCiv

There are shale formations all over the world. While not as cheap to extract as from the big “elephant“ fields of the 20th century, the amount of oil available dwarfs the elephants.

Basically unlimited hydrocarbons at affordable prices.


22 posted on 04/05/2018 9:34:21 PM PDT by cicero2k
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To: SunkenCiv

Whatever happened to Peak Oil ?


23 posted on 04/05/2018 9:39:28 PM PDT by 11th_VA
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To: SunkenCiv

But...but...Peak Oil. Remember that?


42 posted on 04/06/2018 7:34:18 AM PDT by Antoninus ("In Washington, swamp drain you.")
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