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Dow and S&P 500 close at record highs. Nasdaq surges 1.8% on tech stock recovery

oil doesn’t come from anything biologic, not as conventional wisdom dictates, from the fossilized remains of dinosaurs and/or ancient plant matter. It comes from very deep in the earth and is created by a biochemical reaction that subjected hydrocarbons to extreme heat and intense pressure during the earth’s formation.
 
oil doesn’t come from anything biologic, not as conventional wisdom dictates, from the fossilized remains of dinosaurs and/or ancient plant matter. It comes from very deep in the earth and is created by a biochemical reaction that subjected hydrocarbons to extreme heat and intense pressure during the earth’s formation.

how cum they call motor oil dino or synthetic :confused:
 
oil doesn’t come from anything biologic, not as conventional wisdom dictates, from the fossilized remains of dinosaurs and/or ancient plant matter. It comes from very deep in the earth and is created by a biochemical reaction that subjected hydrocarbons to extreme heat and intense pressure during the earth’s formation.

Oil formed from the remains of marine plants and animals that lived millions of years ago, even before the dinosaurs. The tiny organisms fell to the bottom of the sea. Bacterial decomposition of the plants and animals removed most of the oxygen, nitrogen, phosphorus and sulfur from the matter, leaving behind a sludge made up mainly of carbon and hydrogen. As the oxygen was removed from the detritus, decomposition slowed. Over time the remains became covered by layers upon layers of sand and silt. As the depth of the sediment reached or exceeded 10,000 feet, pressure and heat changed the remaining compounds into the hydrocarbons and other organic compounds that form crude oil and natural gas.
 
The terms "biological compounds" and "organic compounds" are often used interchangeably and hydrocarbons are most definitely organic compounds.
 
And technically oil is a type of lipid, which is by definition a biological compound.
 
I enjoy seeing the volume of shit that Rnchscam will throw against the wall just to avoid admitting he's wrong.

This entertains me.

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what entertains me is that I have provided documentation that you originally squealed and bleated about like a little girl seeing her first huge cock, and you're still going on about it days later. It entertains me how desperately you seek for me to be the one to admit I "shot my mouth" off. Before I even really did a search on anything I simply questioned why, if it's massive and all, we haven't seen the evidence at the pump. A fair question you dodged with something like of course I wasn't talking about the consumer market. Ok fair enough, traditional plunkey duck and dive. But now after having studied this more it's becoming apparent that there's a lot of people out there much more intelligent than yourself, who are questioning whether this is another good ole American speculative bubble. So ummm, yeah. :coffee:
 
what entertains me is that I have provided documentation that you originally squealed and bleated about like a little girl seeing her first huge cock, and you're still going on about it days later. It entertains me how desperately you seek for me to be the one to admit I "shot my mouth" off. Before I even really did a search on anything I simply questioned why, if it's massive and all, we haven't seen the evidence at the pump. A fair question you dodged with something like of course I wasn't talking about the consumer market. Ok fair enough, traditional plunkey duck and dive. But now after having studied this more it's becoming apparent that there's a lot of people out there much more intelligent than yourself, who are questioning whether this is another good ole American speculative bubble. So ummm, yeah. :coffee:

the mcf's the horizontal wells are producing here is epic...and we're not even in a real sweet spot.
 
what entertains me is that I have provided documentation that you originally squealed and bleated about like a little girl seeing her first huge cock, and you're still going on about it days later. It entertains me how desperately you seek for me to be the one to admit I "shot my mouth" off. Before I even really did a search on anything I simply questioned why, if it's massive and all, we haven't seen the evidence at the pump. A fair question you dodged with something like of course I wasn't talking about the consumer market. Ok fair enough, traditional plunkey duck and dive. But now after having studied this more it's becoming apparent that there's a lot of people out there much more intelligent than yourself, who are questioning whether this is another good ole American speculative bubble. So ummm, yeah. :coffee:

tl&r;dr

Man up, admit you're wrong and then move on.
 
the mcf's the horizontal wells are producing here is epic...and we're not even in a real sweet spot.


Just from reading a few articles this is certainly the case, however they're saying this will be short lived. I'm not saying this, I'm just repeating what others have written in some major financial and economic media outlets. Even conservative sources seem to be admitting that this will plateau by 2020 and by 2030 the middle east will once again be the top dog. So while this may be nice for a little while, would hardly seem like a paradigm shifter right?
 
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