Please Scroll Down to See Forums Below 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.
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- Thread starter PICK3
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PICK3
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digimon7068
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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.
redsamurai
Banned
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.
digimon7068
New member
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.
the mcf's the horizontal wells are producing here is epic...and we're not even in a real sweet spot.
mrplunkey
New member
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.
tl&r;dr
Man up, admit you're wrong and then move on.
redsamurai
Banned
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?
redsamurai
Banned
I'm probably just gonna continue the convo with digi so you can go ahead and excuse yourself from the thread. Thnx
digimon7068
New member
are we talking about oil? because we are number one (in production) again right now and yes...that phenomena will be very short-lived (based on my understanding from what i've read and discussed with the experts that i have contact with).
but, gas? fuck...every time a new eia report is issued, the estimated reserves increase significantly. is there a finite end? absolutely...but no one is willing to make a bold prediction on how far out that end is.
digimon7068
New member
hell, coal is public enemy number one...and for a brief period beginning in august 2012 and ending sometime in 2013, gas-fired electric generation plants surpassed coal-fired plants in production but, by mid-2013 coal took back the top spot and the eia projections through 2040 show it holding that top spot throughout. however, gas has already taken a large market share (of electric generation) and will continue to whittle away at that share, particularly domestically (where coal is being encumbered with more and more regulations on pollution and safety).
mrplunkey
New member
That coal is coming out of the ground regardless of who uses it.
I love the irony in forcing US electrical plants to pass-over domestic coal just so it can be shipped to China and burned far less efficiently with greater environmental damage.
Good plan, Barry!
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mrplunkey
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PICK3
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redsamurai
Banned
digimon7068
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that's exactly what's happening too...china and india are taking every last lump that they can get their hands on and burning it in scrubber-free power plants.
mrplunkey
New member
Isn't it funny that a true environmentalist should want us to get that coal out of the ground ASAP and burn it in the closest, modern power generation plant?
It makes you wonder what their real agenda is, when they ignore obvious solutions like that.
digimon7068
New member
abject stupidity knows no age, gender, race or religious proclivity...
