You're forgetting growth year on year. Also China and India. It was not so long ago (in my memory) that we were told the North Sea oil was going to last 1,000 years. Now it is all gone.
This guy is a furicking IDIOT !!!! He don't even know the name of the formation. It is NOT the "BRAKKEN formation it is the BAKKEN FORMATION NOT BRAKKEN
hydrogen requires special handling, in the 1960's Lockheed skunkworks set up a hydrogen fuels project to support a hypersonic aircraft development program. They gave up on it after the plant developed a leak & exploded.
it's not BIG OIL, it's BIG LIBERAL. they are the ones who have imposed cafe standards on the oil industry, shut down nuclear power, & blocked drilling in Alaska, Wyoming, & off the east coast where HUGE oil deposits were discovered. Big Oil is just a strawman so the liberals can aquire more political power. we are in the endgame of their decades long plot to turn America into a socialist dictator ship.
You do make sense, however, IF we all stop "FREAKING OUT", What the hell will all of the "Tree Huggers" do with themselves??? I fear for their well being.
Even better news is hydrogen from water and the new water cars and water is 25 times more efficient that oil. I predict that in 30 years oil will be for by products not for energy.
Just to be clear, "peak oil" means (assuming we're there, which is dubious) that we're at the top of the curve - not the bottom. Peak oil would mean we've used half of the resource - meaning there's a hell of a lot left. Everyone needs to stop freaking out and exploit new finds like these.
@NJRJC
You're forgetting growth year on year. Also China and India. It was not so long ago (in my memory) that we were told the North Sea oil was going to last 1,000 years. Now it is all gone.
patrickcorliss 11 months ago
This guy is a furicking IDIOT !!!! He don't even know the name of the formation. It is NOT the "BRAKKEN formation it is the BAKKEN FORMATION NOT BRAKKEN
markefish 1 year ago
hydrogen requires special handling, in the 1960's Lockheed skunkworks set up a hydrogen fuels project to support a hypersonic aircraft development program. They gave up on it after the plant developed a leak & exploded.
kdraper2007 2 years ago
it's not BIG OIL, it's BIG LIBERAL. they are the ones who have imposed cafe standards on the oil industry, shut down nuclear power, & blocked drilling in Alaska, Wyoming, & off the east coast where HUGE oil deposits were discovered. Big Oil is just a strawman so the liberals can aquire more political power. we are in the endgame of their decades long plot to turn America into a socialist dictator ship.
kdraper2007 2 years ago
You do make sense, however, IF we all stop "FREAKING OUT", What the hell will all of the "Tree Huggers" do with themselves??? I fear for their well being.
LMAO.
Dealit707 2 years ago
"DRILL BABY, DRILL"
Dealit707 2 years ago
Even better news is hydrogen from water and the new water cars and water is 25 times more efficient that oil. I predict that in 30 years oil will be for by products not for energy.
handydude6 3 years ago
BIG OIL ARE GREEDY LIERS.
blt40 3 years ago
Just to be clear, "peak oil" means (assuming we're there, which is dubious) that we're at the top of the curve - not the bottom. Peak oil would mean we've used half of the resource - meaning there's a hell of a lot left. Everyone needs to stop freaking out and exploit new finds like these.
NJRJC 3 years ago 2
go ahead and believe that, cause i'm making money hand over fist in the mean time off of 'peak oil'
krist300 3 years ago