Do You Think Oil Companies (ExxonMobil, Chevron et al) Control the Price of the Oil Commodity?

[StreetScooby 5]

Now, the Democrats want to nationalize our refineries:

House Democrats call for nationalization of refineries
http://www.foxnews.com/urgent_queue/index.html#a54ef44,2008-06-18

We are all engines of karma

[nerdgirl 0]

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Now, the Democrats want to nationalize our refineries:

House Democrats call for nationalization of refineries
http://www.foxnews.com/urgent_queue/index.html#a54ef44,2008-06-18

This appears is the same piece quoted in another thread in which you also commented.

The best line: There are so many red herrings out there they might as well construct an aquarium.

VR/Marg

Act as if everything you do matters, while laughing at yourself for thinking anything you do matters.
Tibetan Buddhist saying

[bodypilot90 0]

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Now, the Democrats want to nationalize our refineries:

oh now that will save us money, yea right

http://www.washingtonpost.com/wp-dyn/content/article/2008/06/08/AR2008060801765.html?hpid=topnews

[hairyjuan 0]

until you watch this video, your rearks are based upon MIS-INFORMATION.

OIL COSTS 3-5 FERAL RESERVE NOTES TO GET IT OUT OF THE GROUND.


HTTP://VIDEO.GOOGLE.COM/videosearch?q=the=energy=non-crises&sitesearch=#


when you are done you my want to click on this

www.the-twin-paradox.com

we are all one consciousness experiencing itself subjectively


wishers never choose, choosers never wish

[jcd11235 0]

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until you watch this video, your rearks are based upon MIS-INFORMATION.

That video is misinformation. Try finding a single credible source corroborating his claims. Doing the maths indicates that he is claiming that about half the world's oil reserves (over 1 trillion bbls.) are concentrated in Alaska, and it has been kept secret until now.

Math tutoring available. Only $6! per hour! First lesson: Factorials!

[StreetScooby 5]

Yes, it did seem pretty dramatic to me, also...

We are all engines of karma

[hairyjuan 0]

www.terrorfreeoil.org[url]


do little research, the bakken oil formation has more oil than the NORTH SLOPE



[url]video.google.com/videosearch?q=THEGREAT+GLOBAL+WARMING+SWINDLE&siteresearch=#



www.the-twin-paradox.com

we are all one consciousness experiencing itself subjectively


wishers never choose, choosers never wish

[jcd11235 0]

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[url]www.terrorfreeoil.org[url]


do little research, the bakken oil formation has more oil than the NORTH SLOPE

So you, along with the video you previously posted, are claiming that the United States holds more than two thirds of the world's oil reserves? That's a bit hard to swallow without any credible references corroborating the claims.

Math tutoring available. Only $6! per hour! First lesson: Factorials!

[hairyjuan 0]

do your research, the credible sources are there.

to quote Albert Einstein- the world is a dangerous place, not because of men who do evil, but because the good people who sit and do nothing

we are all one consciousness experiencing itself subjectively


wishers never choose, choosers never wish

[jcd11235 0]

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do your research, the credible sources are there.

Actually, when my dad sent me the link to the video a couple weeks ago asking for my opinion, I spent a few hours sifting through hundreds of Google search results, and was unable to find a single credible source corroborating the claims. I found lots of blog posts and forum posts referencing the video, but no credible sources corroborating the claims made within the video. If you know of any such credible sources, feel free to share.

Math tutoring available. Only $6! per hour! First lesson: Factorials!

[hairyjuan 0]

3 credible references for you

www.video.google.com/videosearch?q=what+i%27ve+learned+about+u.s.+foreign+policy&sitesearch=#
http://www.energyandcapital.com/bakken_oil_rpt

www.terrorfreeoil.org


i've done the leg work, please do the homework

we are all one consciousness experiencing itself subjectively


wishers never choose, choosers never wish

[jcd11235 0]

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3 credible references for you

www.video.google.com/videosearch?q=what+i%27ve+learned+about+u.s.+foreign+policy&sitesearch=#
http://www.energyandcapital.com/bakken_oil_rpt

www.terrorfreeoil.org


i've done the leg work, please do the homework

Your second link leads to nothing. The other two don't lead to credible evidence corroborating the claims made of over a trillion barrels of oil on Alaska's north slope. Think geological surveys confirming the claims, not online videos making/repeating the claims.

Math tutoring available. Only $6! per hour! First lesson: Factorials!

[jcd11235 0]

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until you watch , this video your rearks are based upon MIS-INFORMATION.

Let's examine some of the claims objectively.

Claim: "There is as much crude oil on the north slope of Alaska as there is in Saudi Arabia."

That translates to between 262.2 and 264.2 billion barrels of proven reserves.

Claim: "There is potentially enough crude oil on the north slope of Alaska to supply the entire United States of America for 200 years."

US petroleum consumption 20,687,000 barrels/day

[(20,687,000*bbls/day)*(365.25*days/year)*(200*years)] = 1,511,185,350,000 barrels of oil on Alaska's north slope. That's over 1.5 trillion barrels.

Note that the world's known crude oil reserves total are between 1.1 trillion and 1.3 trillion barrels. You're expecting us to believe that the north slope of Alaska contains between 17 and 54% of the world's oil reserves (depending on which claim we use to base our calculation) without any credible source to corroborate the claim. Please, find some geological surveys to support the claims.


You also referenced the Bakken field in this post. According to U.S. Geological Survey's Assessment of Undiscovered Oil Resources in the Devonian-Mississippian Bakken Formation, Williston Basin Province, Montana and North Dakota, 2008, there are likely between 3.1 billion and 4.3 billion barrels of reserves in the region. That sounds like a lot, until one considers that the US uses about 7.5 billion barrels of oil per year.

Another problem that has not been addressed with respect to Alaska's north slope and the Bakken region is the rate at which the crude can be pumped from the ground. That's critical information. Just because the Bakken region has enough reserves to last the US up to 7 months doesn't mean it can all be pumped out in seven months time.

Also, we need to consider the effects on the climate if we continue relying on fossil fuels for our energy needs. Even if Alaska's north slope had enough oil to supply the (petroleum) energy needs of the US for 200 years doesn't mean it would be a good idea to keep burning fossil fuel based petroleum for another two centuries. Scientific evidence overwhelmingly supports the assertion that our use of fossil fuels is contributing to the long term warming trend we are seeing. That's a crisis that must be faced regardless of how much oil is left in the ground.

Math tutoring available. Only $6! per hour! First lesson: Factorials!

[hairyjuan 0]

we are all one consciousness experiencing itself subjectively


wishers never choose, choosers never wish

[BillyVance 35]

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I see that you've posted this crap in a few other threads with the same results. Maybe you need to visit the thread markup help page again.

"Mediocre people don't like high achievers, and high achievers don't like mediocre people." - SIX TIME National Champion coach Nick Saban

[Amazon 7]

DUDE.. Exxon is messing it up for him.. its their way of dominating everything..

[mnealtx 0]

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DUDE.. Exxon is messing it up for him.. its their way of dominating everything..

That or the tin-foil beanie, one...

Mike
I love you, Shannon and Jim.
POPS 9708 , SCR 14706

[StreetScooby 5]

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Also, we need to consider the effects on the climate if we continue relying on fossil fuels for our energy needs. Even if Alaska's north slope had enough oil to supply the (petroleum) energy needs of the US for 200 years doesn't mean it would be a good idea to keep burning fossil fuel based petroleum for another two centuries.

I haven't seen anyone on this (or other SC threads) dispute this. What is in dispute is the timeline for the transistion, and the govt imposed costs during that timeline.

We are all engines of karma

[kelpdiver 2]

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Also, we need to consider the effects on the climate if we continue relying on fossil fuels for our energy needs. Even if Alaska's north slope had enough oil to supply the (petroleum) energy needs of the US for 200 years doesn't mean it would be a good idea to keep burning fossil fuel based petroleum for another two centuries.

I haven't seen anyone on this (or other SC threads) dispute this. What is in dispute is the timeline for the transistion, and the govt imposed costs during that timeline.

When the only conversations going on are about drilling new sites, while giving little to no service to any future ideas, one can fairly conclude that we're taking the easy way, just as we have for 3 decades now.

[billvon 3,120]

>What is in dispute is the timeline for the transistion . . . .

Agreed. And since the 1970's, the timeline has been "Later. Much later." That's how we got into this mess to begin with.

Drilling more will allow the timeline to be "Later. Much later." for a bit longer.

[StreetScooby 5]

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Drilling more will allow the timeline to be "Later. Much later." for a bit longer.

No argument there. I absolutely do not think the govt should force this transistion via some ridiculous tax scheme, e.g., carbon rationing. But, then again, I'm a "less govt is better" type of person, and I do not have any developed thoughts how to facilitate this much needed transistion in our economy. More nuclear - absolutely, more alternative (e.g., soloar) - yes, more use of our existing resources - yes.

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[jcd11235 0]

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I do not have any developed thoughts how to facilitate this much needed transistion in our economy. More nuclear - absolutely, more alternative (e.g., soloar) - yes, more use of our existing resources - yes.

How does more use of our current resources (i.e. oil) facilitate, rather than delay, "this much needed transition"?

Math tutoring available. Only $6! per hour! First lesson: Factorials!

[StreetScooby 5]

The cost of the transistion can't break us. That's a practical boundary limit in this problem, IMO.

We are all engines of karma

[jcd11235 0]

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The cost of the transistion can't break us. That's a practical boundary limit in this problem, IMO.

You're artfully (and not so artfully) dodging all sorts of questions this evening.

True, the cost of the transition cannot break us. But how does using more oil help us transition away from oil. Using more oil puts us farther away from the goal than we already are.

Math tutoring available. Only $6! per hour! First lesson: Factorials!

[StreetScooby 5]

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You're artfully (and not so artfully) dodging all sorts of questions this evening.

Some things are simply self evident. Why continue to repeat self evident things? Our views are very different. At this point in time, especially tonight, let's just agree to disagree.

We are all engines of karma