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If hydrocarbons are renewable- then is "Peak Oil" a fraud?
321 Energy ^ | December 5, 2006 | Joel Bainerman

Posted on 12/05/2006 1:02:40 AM PST by 2ndDivisionVet

Are hydrocarbons "renewable"- and if so- what does such a conclusion mean for the future of the world's oil and natural gas supplies?

The question is critical due to the enormous amount of coverage the issue of "Peak Oil" is receiving from the mainstream press. If the supply of hydrocarbons is renewable- then the contrary to the conventional wisdom being touted throughout the mainstream press today- the world is NOT running out of oil.

Unbeknownst to Westerners, there have actually been for quite some time now two competing theories concerning the origins of petroleum. One theory claims that oil is an organic 'fossil fuel' deposited in finite quantities near the planet's surface. The other theory claims that oil is continuously generated by natural processes in the Earth's magma.

One of the world's leading advocates for the theory that hydrocarbons are renewable is Dr. Thomas Gold who contends that oil is not a limited resource, and that oil, natural gas and coal, are not so-called “fossil fuels.”

In his book, The Deep Hot Biosphere: The Myth of Fossil Fuels, he explains that dinosaurs and plants and the fossils from those living beings are not the origin of oil and natural gas, but rather generated from a chemical substance in the crust of the Earth.

Dr. Gold: "Astronomers have been able to find that hydrocarbons, as oil, gas and coal are called, occur on many other planetary bodies. They are a common substance in the universe. You find it in the kind of gas clouds that made systems like our solar system. You find large quantities of hydrocarbons in them.

(Excerpt) Read more at 321energy.com ...


TOPICS: Business/Economy; Editorial; Foreign Affairs; Government
KEYWORDS: abioticoil; earthmakesoil; energy; gasoline; oil; peakoil; renewable; thomasgold
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To: the invisib1e hand
And who knows but that it's being made more and faster by some mechanism of critical mass way down in the bowels of the earth.

Exactamundo

61 posted on 12/05/2006 5:33:12 AM PST by beyond the sea ( All lies and jest, still the man hears what he wants to hear and disregards the rest.)
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To: beyond the sea

About 1895, a hard drinking man in the Texas hill country got saved by Christ, and changed his carousing ways. He became a model citizen, and used to lead his Sunday school class to a nearby hill, where he would amuse the students by sticking a reed in the ground, and igniting the gas released from the top end. He surmised that the hill contained a huge pool of oil, and he enticed investors and engineers to the area to drill. The oil deposits of Pennsylvania, were at that time, a fair success, but beginning to decline in production. Gasoline was scarce, and only sold in drug stores. After a few false starts, they struck it big with a huge gusher. The huge amounts of oil, emboldened investors to build refineries, and you know the rest of the story.


62 posted on 12/05/2006 5:35:21 AM PST by mission9 (Be a citizen worth living for, in a Nation worth dying for...)
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To: Strategerist; the invisib1e hand
It's taken seriously by almost no competent Petroleum Geologists

LOL

....... "It's taken seriously by almost no competent Petroleum Geologists" working for the oil companies.

;-)

63 posted on 12/05/2006 5:35:32 AM PST by beyond the sea ( All lies and jest, still the man hears what he wants to hear and disregards the rest.)
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To: beyond the sea

Gold was an interesting guy with a wide-ranging intellect who had some great accomplishments but turned out to be dead wrong about a lot of things.

You might want to read these regarding petroleum (but I suspect you will not):

http://www.searchanddiscovery.net/documents/abstracts/2005research_calgary/abstracts/extended/mello/mello.htm

http://www.searchanddiscovery.net/documents/abstracts/2005research_calgary/abstracts/extended/dow/dow.htm


64 posted on 12/05/2006 5:37:34 AM PST by Strategerist
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To: Smokin' Joe
It is not 'greedy' to make a 10% profit

You assume I was talking about that number. Don't assume.

65 posted on 12/05/2006 5:37:46 AM PST by beyond the sea ( All lies and jest, still the man hears what he wants to hear and disregards the rest.)
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To: Strategerist

Ok, Rocky.


66 posted on 12/05/2006 5:39:14 AM PST by beyond the sea ( All lies and jest, still the man hears what he wants to hear and disregards the rest.)
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To: Tvrm
Seems reasonable to me (the terrorist aspect of it all has change the situation but....)

"Seems" being the key word.

;-)

67 posted on 12/05/2006 5:40:39 AM PST by beyond the sea ( All lies and jest, still the man hears what he wants to hear and disregards the rest.)
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To: Strategerist
Yep. I have been in the industry since 1979, doing wellsite/exploration geology.

What people here don't get is that there will follow yet another raft of slick thieves who will sell 200% of the well (which they know will not produce) to people who 'want' to believe, pass through 100% of any additional costs, and commiserate all the way to the bank when the well doesn't come in.

Like I said, the only production comes from the investor's pockets..

This is all to help foment the grand conspiracy theory of "BIG" oil, so the rats can try to justify the coming attempt to nationalize the industry when the next crisis hits. I figure that'll happen with about 12 months of Dem's running Congress, or within a year of one in the White House.

Their usual flawless fiasco of geopolitical relations pretty much guarantees the crisis, and their nature guarantees the worst-case scenario be postulated as the ultimate solution.

Of course, the masses have to be primed with 'oil company hate' first, but that has been going on since before Katrina.

The ecowhackos are probably creaming their jeans with anticipation.

68 posted on 12/05/2006 5:41:55 AM PST by Smokin' Joe (How often God must weep at humans' folly.)
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To: beyond the sea
....... "It's taken seriously by almost no competent Petroleum Geologists" working for the oil companies.

A condition of keeping one's job long term working for an oil company as a petroleum geologist is, well, actually finding oil, and you don't do that without understanding the biogenic origins of petroleum.

You'll notice that on every abiogenic oil thread on FR the people who have actually worked in the oil industry, without exception, think abiogenic oil is ridiculous...

And the people backing abiogenic oil on FR repeatedly demonstrate they don't have even the most rudimentary understanding of any science, whatsoever.

I guess you're only response to that is to weave ridiculous conspiracy theories.

69 posted on 12/05/2006 5:42:04 AM PST by Strategerist
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To: mission9
Wow.......... have a source I can read about this???

;-)

70 posted on 12/05/2006 5:42:38 AM PST by beyond the sea ( All lies and jest, still the man hears what he wants to hear and disregards the rest.)
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To: Tvrm
then our policy has been

There has been no policy and there has been no strategy. It is has all happened based on the market which is skewed by OPEC.

Of course the market for oil is destined to be skewed because it makes no financial sense to have excess capacity unless you are a monopoly supplier trying to manipulate the price.

The problem with the theory in this thread is that it does not correspond to observed reality in any meaningful way. It relies on conspiracy theories and postulations that are as far out there as some things on the left.

It sounds a bit like the delusions of a addict who is certain heroin doesn't come from only poppy's cause "he has a theory".

71 posted on 12/05/2006 5:42:43 AM PST by Einigkeit_Recht_Freiheit (War is Peace__Freedom is Slavery__Ignorance is Strength)
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To: Strategerist
You might want to read these regarding petroleum (but I suspect you will not)

Your personality is showing.

72 posted on 12/05/2006 5:44:02 AM PST by beyond the sea ( All lies and jest, still the man hears what he wants to hear and disregards the rest.)
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To: Strategerist
I guess you're only response to that is to weave ridiculous conspiracy theories.

Yeh, that's the ticket!

;-)

73 posted on 12/05/2006 5:46:03 AM PST by beyond the sea ( All lies and jest, still the man hears what he wants to hear and disregards the rest.)
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To: beyond the sea

Just so I could see it typed, once, on one of these threads...

1)Do you at least acknowledge the truth that there are no scientists, anywhere, who have EVER claimed oil comes from dinosaurs?

2) And do you understand what "plankton" is and do you understand that the idea that oil comes from fossil marine and lacustrine (that means "lake" by the way) microscopic plankton is the theory you're arguing against?


74 posted on 12/05/2006 5:46:23 AM PST by Strategerist
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To: beyond the sea
OK, I won't assume. What number were you talking about?

I only ask because 10% exceeds the R.O.I. of any major oil company.

As such, I have to ask how that is "greedy".

You want greedy, check out the markup on diamonds.

75 posted on 12/05/2006 5:46:56 AM PST by Smokin' Joe (How often God must weep at humans' folly.)
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To: beyond the sea
Your personality is showing.

I prefer showing personality rather than gross ignorance. -)

76 posted on 12/05/2006 5:47:39 AM PST by Strategerist
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To: Strategerist
1)Do you at least acknowledge the truth that there are no scientists, anywhere, who have EVER claimed oil comes from dinosaurs?

Hey genius ...... I merely said earlier that that idea is what was being taught to children in schools back in the 50's (such as me). If you could read you would see that I NEVER said that scientists put forth that idea.

Now talk to someone else, you condescending weenie.

77 posted on 12/05/2006 5:49:28 AM PST by beyond the sea ( All lies and jest, still the man hears what he wants to hear and disregards the rest.)
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To: Smokin' Joe
You want greedy, check out the markup on diamonds.

LOL ........... and furs.

Ouch.

78 posted on 12/05/2006 5:50:42 AM PST by beyond the sea ( All lies and jest, still the man hears what he wants to hear and disregards the rest.)
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To: beyond the sea
Hey genius ...... I merely said earlier that that idea is what was being taught to children in schools back in the 50's (such as me). If you could read you would see that I NEVER said that scientists put forth that idea.

You were citing Jerome Corsi who does indeed claim that.

Now talk to someone else, you condescending weenie.

ROFLMAO. Well, I see my work here is done.

I really suggest you read the links I posted. Actual scientific knowledge is a wonderful thing.

79 posted on 12/05/2006 5:54:41 AM PST by Strategerist
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To: justa-hairyape

Yes, and for some reason they all lived in the desert in the middle east.....


80 posted on 12/05/2006 5:57:33 AM PST by CharlesWayneCT
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