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Page added on June 25, 2011

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Peter Schiff is Bad for the Economy: Oil’s Endless Bid

Just to be clear, we should emphasize decreasing consumption of oil. Global warming is a bigger problem than what’s going on in our economy. The point is that we are well supplied. Maybe it would be better if the peak oil people are right.

Here is the link to the Iraqi Oil Minister talking about production

http://www.bloomberg.com/video/70164196/

Here’s a link regarding offshore oil production

http://seekingalpha.com/article/249906-offshore-oil-and-gas-will-brazil-s-suc…

Here’s a link to one of the Wiki articles on oil shale. It’s pretty good and it links to lots of outside sources for more info

http://en.wikipedia.org/wiki/Oil_shale

Here’s an article on water usage and land reclamation. It’s an old article; the technology they talk about making tailings easier to deal with is in use

http://www.canadasoilsands.ca/en/what-were-doing/water.aspx

Here’s the link for Brazilian offshore drilling costs.

http://www.gasandoil.com/news/ms_america/dec6f006a4995c87c19fb4d44789ed9f



7 Comments on "Peter Schiff is Bad for the Economy: Oil’s Endless Bid"

  1. ken on Sat, 25th Jun 2011 2:21 am 

    Still in the denial stage.

  2. Tom on Fri, 24th Jun 2011 9:14 pm 

    Who is this idiot? He has no clue about peak oil. Not once did he mention decline rates or net export decline rates. At least Peter Schiff was right on the economy, while this moron is dead wrong about peak oil.

  3. pike on Fri, 24th Jun 2011 9:22 pm 

    Global warming a bigger problem than peak energy. I view all articles like this as a really bad joke meant mislead people into thinking its all good.

  4. Rick on Fri, 24th Jun 2011 10:18 pm 

    WTF! Lame, lame, lame. Peter Schiff sucks, but what did this have to do with Peter Schiff? Plus, total bogus video. Lies, and more lies.

  5. Dony on Sat, 25th Jun 2011 4:29 am 

    How is the 1.8 trillion barrels of oil in the Colorado Rockies (in the form of shale… extractable at $75 a barrel)… bogus?

    I’m actually curious… I came across this in a report from the Rand Corporation a few days back. Granted, it takes 30 years to turn it on if we start now…

    So… I am missing something important. I must be. Educate me… what am I missing?

  6. Brian on Sat, 25th Jun 2011 4:31 am 

    “The point is we are well supplied”. Who is ‘we’? How many upcoming generations are likely to consider themselves ‘well supplied’?

  7. RICHARD RALPH ROEHL on Sat, 25th Jun 2011 4:39 am 

    The only oil and gas I see here… comes from one of the brainless sheep farting, probably from eating too many Pringles making liquid the poo!

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