Don’t worry, just a little bump - $70 is just around the corner. Short traders just keep making those margin calls, mortgage the house if you have to. Fortunes await you! PO is for pansies and doomers. At $70 short some more ..... it is going back to $22 .... the world is awash with oil ........ reality has nothing to do with it, its all in those charts!!!!!!!!!!
Joined: Sep 25, 2005 Posts: 1966 Location: Waiuku, New Zealand
Posted: Sun May 25, 2008 9:55 pm Post subject: Re: Michael Lynch - Disputing Peak Oil
tin wrote:
I dare you to do a little research and prove anything i have said to be wrong. Polution is a different subject than global warming caused by carbon. pollution is obviously an issue but that is not what the U.N is taking your tax dollars for. I wish you could disprove all that i have said..
Disproving secret global organisations could be difficult and I don't need to. The earth is finite, so it's obvious resources will get scarce, eventually. It's also true that certain pollutants have a warming effect and that the earth only has a limited ability to soak up our waste. So why not pretend that these unpalatable facts will start impinging on your life soon and that you should prepare for that? Seems like a better strategy than worrying about secret organisations or that maybe we haven't yet reached a climate tipping point.
Anyway, as I said, the open discussion forum is better than here. Why did you pick the Michael Lynch discussion to post your theories?
Joined: May 21, 2008 Posts: 3 Location: rural oklahoma
Posted: Thu May 29, 2008 11:03 am Post subject: Re: Michael Lynch - Disputing Peak Oil
Hi I'm new to this forum....enjoy your posts...I am in the oil/gas well service business....I was thinking of all the fuel required to bring a well to production and I am blown away....I'm sure I has missed many uses of fuel but the ones that come to mind are : seismic trucks,pickups,4 wheelers, helicopers----doziers for roads,location developement, backhoes, trucks to bring in location gravel for rig bases,moving the rigs, trailers, potable toilets, filling mud pit, water , water wells,and water handling pumps cement,down hole chemicals, delivery of diesel for generators, delivery of drill pipe, production tools,casing,b.o.p., flare ,rig welders,,lighting generators , catering,rig relocation, frac tanks, filling of frac tanks, well stimulation,tank batteries, fences,pipeline clearing,digging, laying, ...many of these engines are run 24 /day while at the well locations....Are we using yesterday's production to power today's production? This does not even touch water usage, and pollution..
Posted: Thu May 29, 2008 11:42 am Post subject: Re: Michael Lynch - Disputing Peak Oil
woodsman wrote:
Hi I'm new to this forum....enjoy your posts...I am in the oil/gas well service business....I was thinking of all the fuel required to bring a well to production and I am blown away....I'm sure I has missed many uses of fuel but the ones that come to mind are : seismic trucks,pickups,4 wheelers, helicopers----doziers for roads,location developement, backhoes, trucks to bring in location gravel for rig bases,moving the rigs, trailers, potable toilets, filling mud pit, water , water wells,and water handling pumps cement,down hole chemicals, delivery of diesel for generators, delivery of drill pipe, production tools,casing,b.o.p., flare ,rig welders,,lighting generators , catering,rig relocation, frac tanks, filling of frac tanks, well stimulation,tank batteries, fences,pipeline clearing,digging, laying, ...many of these engines are run 24 /day while at the well locations....Are we using yesterday's production to power today's production? This does not even touch water usage, and pollution..
Sounds like you understand the idea of EROEI (Energy Returned on Energy Invested) and the concept of Net Energy.
It obviously requires a lot of petroleum to get petroleum. There have been nearly endless arguments regarding the economic and thermodynamic wisdom of investing in shale oil, tar sands, ultra deep etc. when we perhaps might want to put that effort into weaning ourselves off petroleum.
Welcome. Looking foward to more stories from the oil patch. _________________ ree rah rip ram. sunofabitch godamn. hidey didey christ almighty. rah rah crap
Posted: Thu May 29, 2008 12:23 pm Post subject: Re: Michael Lynch - Disputing Peak Oil
Tin,
Thank you so much...I have seen the light and can now put the whole picture together:
It was the Bilderberg group that sank the Titantic. I've discovered the original name of the group was the "Build-a-berg" group but the name was eventually altered by the distortion of speaking though black hoods.
Don't be mad...you have the right to your theories. I don't agee with the general theory any great hidden hand truly controlling all aspects of society but that's just my dumb opinion.
But it was impossible to resist teasing you. Hang on to your beliefs...until you replace them with others. That's what I do.
Joined: Sep 25, 2005 Posts: 1966 Location: Waiuku, New Zealand
Posted: Thu May 29, 2008 1:34 pm Post subject: Re: Michael Lynch - Disputing Peak Oil
Meanwhile, back in Lynch land ...
In response to the news of a big fall in US oil stocks, with the EIA saying that the fall was influenced by delays in unloading tankers, Lynch had this to say:
Quote:
"The bearish demand outlook is starting to weigh on people,'' said Michael Lynch, president of Strategic Energy & Economic Research in Winchester, Massachusetts. "The note about temporary delays means that the crude number is meaningless.''
The report from the EIA was followed by a $4.43 fall in the oil price, though it's since recovered almost a dollar of that.
Joined: May 26, 2008 Posts: 498 Location: Chicago, IL
Posted: Sun Jun 01, 2008 10:09 am Post subject: Re: Michael Lynch - Disputing Peak Oil
Woodsman, I'm new too, and also work in the oil and gas industry. Welcome!
Pstarr brings up EROEI. Thanks! People often forget that oil is not energy. Energy is --or "was"-- the trillions and trillions of solar energy units used to grow the vegetation eaten by the "dinosaurs" and the dinosaurs that ate dinosaurs, and again, the trillions and trillions of solar energy units used to decompose the dinosaurs into oil. We often measure the energy content of a barrel, often calculate how much energy it takes to extract the barrel available, but we seldomly calculate how energy took to make the oil inside the barrel.
Joined: Oct 23, 2004 Posts: 5401 Location: New Jersey
Posted: Sun Jun 01, 2008 10:13 am Post subject: Re: Michael Lynch - Disputing Peak Oil
TonyPrep wrote:
Meanwhile, back in Lynch land ...
In response to the news of a big fall in US oil stocks, with the EIA saying that the fall was influenced by delays in unloading tankers, Lynch had this to say:
Quote:
"The bearish demand outlook is starting to weigh on people,'' said Michael Lynch, president of Strategic Energy & Economic Research in Winchester, Massachusetts. "The note about temporary delays means that the crude number is meaningless.''
The report from the EIA was followed by a $4.43 fall in the oil price, though it's since recovered almost a dollar of that.
Lynch seems to get a free pass in the media, whom don't ever seem to review his track record. In addition, the temporary tanker delay farce has been thoroughly debunked in our US Weekly Inventory thread.
Joined: Jan 14, 2008 Posts: 321 Location: The Yukon
Posted: Sun Jun 01, 2008 7:18 pm Post subject: Re: Michael Lynch - Disputing Peak Oil
DantesPeak wrote:
Lynch seems to get a free pass in the media, whom don't ever seem to review his track record.
Lynch doesn't need to be correct all the time ... just correct more often than amateurs like yourself... _________________ www.TrendLines.ca/scenarios.htm Home of the Real Peak Date ... set by geologists (not pundits)
Posted: Sun Jun 01, 2008 10:57 pm Post subject: Re: Michael Lynch - Disputing Peak Oil
TonyPrep wrote:
FreddyH wrote:
DantesPeak wrote:
Lynch seems to get a free pass in the media, whom don't ever seem to review his track record.
Lynch doesn't need to be correct all the time ... just correct more often than amateurs like yourself...
And has he been? Anecdotally, he's been worse than a coin toss.
Hey. Don't argue with Freddy because he is an expert. It says so on this web site. _________________ ree rah rip ram. sunofabitch godamn. hidey didey christ almighty. rah rah crap
It explains why it was so hard to get him to give an estimate of when oil will peak and why he often gave the impression that he thinks oil will never peak.
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ree rah rip ram. sunofabitch godamn. hidey didey christ almighty. rah rah crap 
Don't argue with Freddy because he is an expert. It says so on this web site.
