Refuting Liberal Talking Points: Peak Oil?

Are we about to run out of our massive supplies of oil, coal and natural gas? Not in the near future and as technology continues to advance we'll able to extract more oil in harder-to-reach places like Canada's tarsands and shale oil in Colorado.

We have plenty of coal (coal-to-oil technology exists as well), oil and natural gas here--but political correctness and environmentalism keeps us from getting it.

http://www.eia.doe.gov/pub/international/iealf/crudeoilreserves.xls

http://www.freewebs.com/professor_enigma/glasser.htm

http://www.freewebs.com/professor_enigma/bigoil.htm

Abiotic origin of oil?

http://www.americanthinker.com/blog/2009/12/is_there_an_endless_supply_of.html

Oil industry discoveries

http://www.nytimes.com/2009/09/24/business/energy-environment/24oil.html

Kern River oil field

http://www.ncpa.org/sub/dpd/index.php?Article_ID=18545

Major oil discoveries in Iraq & Venezuela

http://www.wnd.com/index.php?fa=PAGE.view&pageId=123068

Category:

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• Peak
• Oil
• Russell
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• Korner
• crude
• natural
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• coal
• Exxon-Mobil
• Greenpeace
• environmentalism
• liberal
• kooks
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• Texaco

[TheEclipsenow]

Here's an EIA prediction on UK peak oil.

In their International Energy Outlook (IEO) 2001 report, the EIA stated that “The United Kingdom is expected to produce about 3.1 mb/d by the middle of this decade, followed by a decline to 2.7 mb/d by 2020,” implying a peak around 2005. Britain’s oil production from the North Sea actually peaked in 1999, two years before this forecast was issued, at 2.684 mb/d, declining to less than 1.7 mb/d by 2005.

tinyurl[dot]com/ykx85ky

[UTubekookdetector]

ECP: Still googling kiddo? Those who are interested can peruse the comment archives, this is only the 24th time the North Sea has been brought up, this will be the 24th time I've responded that this ignores major gains elsewhere, such as Africa. Please bring up Saudi Arabia next, so we can rehash that for the 28th time. You still misunderstand my remarks on oil imports. I'll rehash this again: If importing oil is such a bad thing, then why were oil prices so low during the 80s & 90s?

[TheEclipsenow]

3. FACT: America peaked in 1970 but could buy cheap oil from the global market. You don't understand basic geology in your own backyard, nor basic global economics it seems. Australia might not make our own computers — but we buy cheap computers from overseas. Your argument is if we IMPORT cheap computers it says something about how fast we build computers at home? Huh?

Here's a question: If USA oil didn't peak in the 1970's, why do you import $6 trillion a decade worth of overseas oil?

[UTubekookdetector]

ECP: "Your argument is if we IMPORT cheap computers it says something about how fast we build computers at home." Uhh, no, I said no such thing. You were poo-pooing importing of oil (and ignored that fact that most of it doesn't come from the ME) & I was pointing out that it's not necessarily bad, if it's cheaper. Ergo, oil prices were much lower from 1983-2005 than the previous ten years or so, yet we imported more. Been over this several times already.

[TheEclipsenow]

1: has little to do with the state of oil geology in the ground, but I've already explained that although new refineries where not built, existing ones were EXPANDED. Get it?

2: The EIA and sadly USGS are run by economists, not geologists. Their methods don't work and are flawed by unsound assumptions about how fast tar-sands and oil shale can be ramped up. According to real geologists AND the market they simply WON'T be ramped up as fast as the EIA think. They are not conventional oil.

[UTubekookdetector]

ECP: "USGS are run by economists" You're quote mining again. I went to pubs(dot)usgs(dot)gov/fs/2010/­3102/ Check out the bios on Houseknecht & Kenneth Bird for example. I just pulled up a random article & it refutes your parroted argument. "They are not conventional oil" Is there an echo in here? Nobody said they were. Again, the same things were said about agri production, Norman Borlaug put a monkey wrench in that. You're still clueless on the pricing mechanism, take an econ class.

[TheEclipsenow]

It's just a fact that American oil peaked in 1970.

The authors of a 1998 Scientific American article "The End of Cheap oil?" tried to calculate GLOBAL peak oil. But what's relevant for *you* is that they wrote about American peak oil. Under the first graph: "1956 to predict correctly that oil from the lower 48 American states would peak around 1969."

dieoff[dot]org/page140.htm

This graph is compiled from EIA data.

tinyurl[dot]com/2df34to

You've peaked.

[UTubekookdetector]

ECP: I wondered how long it would be before you drug out the "faked moon landing" canard again. Desperate? Today, the US imports most of its oil from Canada & Mexico, not the Middle East. Sorry kid. The % of oil from Canada that we import has more than tripled since 1979. Imported oil steadily increased from 1983-2005, yet the price dropped (and a lot of it wasn't from OPEC). You're still clueless on monetary policy, although to be clueless you have to have a little knowledge of it.

[UTubekookdetector]

ECP: You seem frustrated. 1) We haven't built on oil refinery here since the 70s, yet OCT2010 this country refined more crude oil than it ever has. 2) For the 13th time, global oil reserves are way up since 1970, sorry. My info concerning the inflation-adjusted price of oil came from the EIA (see my MSZEITGEIST85 REFUTATION STATION) & the price went way down from 1983-2005. If we hit peak in the 70s & importing oil is so bad, why those price declines? You don't understand basic economics.

[TheEclipsenow]

Come on come on.... these are the real matters that are outstanding.

1. American PRODUCTION peaked in 1970. Can we at least agree on this historical fact, whatever you think about existing resources?

2. Hubbert ACCURATELY predicted this in 1956 at a Shell expo where he presented his mapping of Discoveries trends to Consumption trends. You have to find it before you burn it.

3. Hirsch has calculated today's WORLD peak oil and realised there's NO quick answer. EV's have limitations!