$100/Barrel Crude by 2010?

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VimyJ
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I have become interested in the world energy supply of late and have found a great deal of information about the state of the global petroleum reserves. I will begin to add links to this thread if only to promote awareness.

The long and short of it all is that oil prices are not going to be coming down ever. A major paradigm change is coming.

http://bellhooks.seattleimc.or...shtml


VimyJ
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VimyJ
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VimyJ
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VimyJ
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This read will give members a very clear view of the petro energy scene. Scientific and objective. A MUST READ

http://www.energyshortage.com/...2.pdf

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90Q45blue
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To say a report on oil from a society promoting renewable energy isn't objective is non sequiter isn't it?

Nick :)

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szh
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Unfortunately, no longer a Nissan or Infiniti, but continuing here at NICO!
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This one I cannot believe at all. Have you looked at the other "news stories" on that site? Ranging from Soviets fighting UFO's to a girl with x-ray vision!

Yeah, right! :D

Z

VimyJ
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90Q45blue wrote:To say a report on oil from a society promoting renewable energy isn't objective is non sequiter isn't it?

Nick :)


I definitely appreciate your cynicism. However all sources of intelligence must be reviewed. Did you read the last "EnergyShortage" link? It is by far the best for getting an idea of the current world oil resource. Don't worry more links coming for every perspective. Those were just the latest ones I've read.

VimyJ
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szhosain wrote: Ranging from Soviets fighting UFO's to a girl with x-ray vision!

Yeah, right! :D

Z


If my wife can see right through me, why can't "Soviets" fight UFOs? :D

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90Q45blue
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VimyJ wrote:I definitely appreciate your cynicism. However all sources of intelligence must be reviewed. Did you read the last "EnergyShortage" link? It is by far the best for getting an idea of the current world oil resource. Don't worry more links coming for every perspective. Those were just the latest ones I've read.


It's not cynicism; it's skepticism. ALWAYS question the source on everything you read. I did read that last link and found it to be quite informative.

Nick :)

VimyJ
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90Q45blue wrote:It's not cynicism; it's skepticism. ALWAYS question the source on everything you read. I did read that last link and found it to be quite informative.

Nick :)


Come on, I wasn't that far off the mark. ;) However skepticism is more apt.

Fred says $5/g makes coal liquification for gasoline economic. $90/barrel looks like the top of the range for oil.

andrave
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my mom's boyfriend would sure like that. He has a buncha wells.

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spec-u-later
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Hello Toyota Prius.

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Cold_Zero
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Hello TDI. I heard you can run these things on Veggie Oil. That has to be pretty darn cheap to operate!

VimyJ
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I bet vegetable oil is more expensive per gallon than gas.

Gentlemen, we have to think realistically. Imagine the energy needed to fuel a 200+hp car. There is no replacement for oil.

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Cold_Zero
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Not when you work out a deal with a restaurant to take their old Veggie Oil. Sure you have to strain it, but I would bet that restaurants would give it away rather than having to pay for it to be disposed of.

VimyJ
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How many restaurants and how many cars? Not practical for meeting energy needs.

Horsepower: 1 : the power that a horse exerts in pulling: 2 : a unit of power equal in the U.S. to 746 watts and nearly equivalent to the English gravitational unit of the same name that equals 550 foot-pounds of work per second.

How many large animals (horses) could the average fast food restaurant sustain on waste vegetable oil equivalent? 20? 50? A good question. Not enough for my J though.

ShadowKnight006
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I look at it this way, if the oil supply was in as bad of shape as the general public is lead to believe, the major automotive companies would not still be producing a majority(almost all) of their vehicles based around a gasoline engine. Also, if the gas prices level off at $5 its reasonable for a non-daily drive but a daily driver will be another story.

VimyJ
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ShadowKnight006 wrote:I look at it this way, if the oil supply was in as bad of shape as the general public is lead to believe, the major automotive companies would not still be producing a majority(almost all) of their vehicles based around a gasoline engine. Also, if the gas prices level off at $5 its reasonable for a non-daily drive but a daily driver will be another story.
Have you read the "Salzburg" link? Did you hear about the major capital GM and Ford have committed to hybrid systems that was announced today? There's a change in the weather, mon fere.

ShadowKnight006
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VimyJ wrote:Have you read the "Salzburg" link? Did you hear about the major capital GM and Ford have committed to hybrid systems that was announced today? There's a change in the weather, mon fere.


Yes, I read it, I remain on convinced. As for the car companies getting more serious about hybrids, yes they are developing was to SAVE on mpg but not replacing it. Companies have been claiming savings on mpg for ages, this is just a new way to do so. When they start to fully replace gasoline engines with something else, I will worry.

VimyJ
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ShadowKnight006 wrote:Yes, I read it, I remain on convinced. As for the car companies getting more serious about hybrids, yes they are developing was to SAVE on mpg but not replacing it. Companies have been claiming savings on mpg for ages, this is just a new way to do so. When they start to fully replace gasoline engines with something else, I will worry.


There is realy no viable replacement for the IC engine yet. Transportation (all forms) uses ~25% of all oil. Hybrids look like the future.

You read the report so you know the cheap petro reserves are on their last legs. This is bourne out by observing where oil is currently being explored: the Arctic, very deep water, oil sands, etc. You can't just go drill a hole in good ole Texas and come up with a gusher. Those days are gone.

I recently read that peak world oil production will occur in 2010. However, the growth in demand will out pace growth in supply. Could wars, new energy technology and revisted ones (nuclear), high interest rates, reduced growth rates tied to steadily increasing energy costs all conspire to slow the rise to $90 or $100 oil by inhibiting demand growth?

Cadence
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Let me pose an intersting thought for all you nay sayers out there... In 1940 there were 50 privately owned road going Automobiles in all of China, (this is not including goverment owned vehicles which numberd somewhere around 15000), now china is number 2 in the world behind the US. Do you know how many people live in China....1.3 billion.. do you know how many were born from 1990 to 2000 there, 127 million.... That is more than the entire population of Japan alone. The US only has a populatoin of about 270 million? Very Very soon China will far surpass the US in vehicle use and India is not very far behind China right now, with a population of 1.03 billion.

We as a society really need to be seriously considering alternative fuels. Because we will not have any left after too long. It is a simple fact of looking at the numbers. In fact alternative fuels is not going to be an alternative, it is going to be the norm, so have your fun while it last kitties.. :)

rudee023
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What was that movie that came out in the 80's (I think) where there was no more gas in the world and one guy (the hero) has a bada$$ car in pieces buried under his house and a whole reserve of gas? He puts it together at the end of the movie and everybody is like WTF? Anybody know what I'm talking about?

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SmithSR
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50 more years of internal combustion is all I'll need!

The OEM and the aftermarket have put in place a system of parts saturation that will keep the cars we have now, on the road and in working order for many decades to come.

All we need is gasoline. Don't consider future prices high, but rather, consider present day pricing a deal!

[Zero-S]
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nice way of looking at it.

but

I want my effing hover-car.

ShadowKnight006
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First off I have to correct my horrible grammatical mistake. I meant "unconvinced". Also, yes I do realise fossil fuels such as coal are on their last legs. What I am saying is that it is not simply going to disappear over night as some make it seem. Yes, prices will go up but everything will go up. For example did anyone know that the price of milk is regulated by the gov't and all dairy products will be rising. I work at a grocery store and right now a gal of milk is $3 more than a gal of 87 oct gas. So down the road I'll probably get a hybrid Sentra or somethin along those lines if nissan makes one and stock pile the good stuff for the 240 :-) I even have plans I down loaded from the net that supposedly makes an typical gasoline engine run on water(separates the hydrogen and oxygen) how safe it is, I don't know.

As a side note is there anything like a shelf life for gasoline?

VimyJ
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Actually, there is quite a bit of coal left. The problem is that the best quality coals are dwindling and the remaining low quality coals are horribly polluting. This is why enviromental organizations are hopping mad at bush for relaxing EPA regulations.

The price of milk is being affected by the ramifications of Mad Cow disease which prevents the importation of Canadian dairy herds. Add in the "Atkins Diet" effect where more cattle are being slaughtered to meet supply and rising energy costs. Also, there are some bad drought conditions is different parts of N.A.

There is most definitely a shelf life for gas for which products like "Stabil" are intended.

VimyJ
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Nathan
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VimyJ, I usually think things you post are a little whacky but after writing a paper on this, I'm quite worried about it too :( NECAR 5 is looking damned promising to me right now. I really wouldn't mind an alternative fueled vehicle for daily driving with my gas guzzling 240 for weekend fun at the track.

VimyJ
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Nathan wrote:VimyJ, I usually think things you post are a little whacky but after writing a paper on this, I'm quite worried about it too :( NECAR 5 is looking damned promising to me right now. I really wouldn't mind an alternative fueled vehicle for daily driving with my gas guzzling 240 for weekend fun at the track.
See what happens when you research something? I try not to take things at face value and research both sides of a proposition. I have a scientific background and try apply the principle of the scientific method. This could be why some of my posts strike you as being "whacky" as they are literally uncommon knowledge. I liked the comment in the last link I provided that went, "When you talk to people about the looming energy shortage, their eyes start to glaze over."

I heard the very disturbing results of a poll taken in the last couple of days that asked people about their understanding of the Iraq situtation. I won't post the results for fear of this thread getting political but suffice to say, there is an incredible amount of disinformation out there that is believed to be actual fact. When these "facts" are checked out, they melt like an ice cream cone on a 100F day. Scary.


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