Peak oil [Polls] - MarketTicker Forums


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User Info	Peak oil in forum [Polls]
Vegansharky Posts: 1431 Incept: 2008-09-20 Orlando, Floriduh	I notice there is no tick mark for abiogenic petroleum origin hypothesis in the poll. Just sayin. VS ---------- BP Sucks Tar Balls. The spin is the new tin. Skull Squicked Nation 2010-02-24 10:10:01 Permalink
Pockets Posts: 843 Incept: 2008-01-24 Pasadena, CA	VS, That's probably because it's not that relevant. If we assume oil is created abiotically, unless the rate of creation of oil increases over time, which is unlikely, peak production (which is what the Peak Oil process describes) would still be valid. So while the reserves would be "unlimited" we would still reach a maximum rate of production. A different poll would ask "What oil production hypothesis do you believe?" ---------- 'That government is best which governs not at all' --Thoreau 2010-02-26 15:01:27 Permalink
Eighty6thebs Posts: 4182 Incept: 2007-06-26 It's contained to sub-prime!	LMAO @ Pockets. Peak Oil = Peak daily Production as measured in BBD. This is not a discussion about reserves. We already know we can’t sustain the BBD number long term. It’s only a matter of when daily production can no longer be sustained. I think we’ve already seen it. Econ 101 says price is set by supply and demand. To argue over what the price will be assumes the demand will stay where it is or grow and that you can forecast supply. I strongly believe future supply will trend down but I have no clue what will happen to demand as I fully expect this to be a 10-20 year depression in most developed worlds. ---------- "Sounds to me like you guys a couple of bookies" - Billy Ray Valentine "No I am not scared, and neither should you be!" - Iraqi Information Minister 2010-02-26 15:16:28 Permalink
Phirang Posts: 10157 Incept: 2008-10-25 Flogging a "little person"	Everyone I know in the oil biz is invested in oil sands or heavy oil. That's enough for me. ---------- I'm not special, and I am not likely to accomplish anything extraordinary in my life. If you are reading this comment, the case is most likely that neither will you. http://www.cracked.com/article_18544_how-the-karate-kid-ruined-modern-world.html 2010-02-26 15:19:13 Permalink
Eighty6thebs Posts: 4182 Incept: 2007-06-26 It's contained to sub-prime!	Phirang..Suncor? ---------- "Sounds to me like you guys a couple of bookies" - Billy Ray Valentine "No I am not scared, and neither should you be!" - Iraqi Information Minister 2010-02-26 15:23:48 Permalink
Phirang Posts: 10157 Incept: 2008-10-25 Flogging a "little person"	NOOOOOOOOOO!!!! KEEP AWAY FROM SU!!!! There are a bunch of co's: CNQ is ok, etc. That's a whole new thread. I personally am a degenerate gambler and have bet a LOT of IVAN (ivanhoe energy). It's most likely a stock most here would avoid. ---------- I'm not special, and I am not likely to accomplish anything extraordinary in my life. If you are reading this comment, the case is most likely that neither will you. http://www.cracked.com/article_18544_how-the-karate-kid-ruined-modern-world.html 2010-02-26 15:27:11 Permalink
Pockets Posts: 843 Incept: 2008-01-24 Pasadena, CA	Eighty6thebs wrote.. Peak Oil = Peak daily Production as measured in BBD. This is not a discussion about reserves. That is what I was trying to convey in my response to VS. That's why I said: "That's probably because it's not that relevant" when referring to the abiotic theory. ---------- 'That government is best which governs not at all' --Thoreau 2010-02-26 16:25:59 Permalink
Signas Posts: 909 Incept: 2007-06-26 Reno Banned	Check head pressures Alaska 20 yrs later. LOL ---------- Carbon Credits "FOR SALE" Bring a wheelbarrow full of money!! I really liked the people that spent $58,000 to earn a $21.50 Carbon Credit 2010-03-01 05:26:07 Permalink

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