Donate Bitcoin

Donate Paypal


PeakOil is You

PeakOil is You

America now has more untapped oil than any other country

General discussions of the systemic, societal and civilisational effects of depletion.

Re: America now has more untapped oil than any other country

Unread postby vtsnowedin » Fri 16 Dec 2016, 21:49:10

Tanada wrote: After global peak things will get a lot more, shall we say, interesting...

Interesting? Indeed!!
User avatar
vtsnowedin
Fusion
Fusion
 
Posts: 14897
Joined: Fri 11 Jul 2008, 03:00:00

Re: America now has more untapped oil than any other country

Unread postby peripato » Fri 16 Dec 2016, 22:27:06

"America now has more untapped oil than any other country"

If this is the case, then why does America need to be made great again?
[smilie=eusa_whistle.gif]
"Don’t panic, Wall St. is safe!"
User avatar
peripato
Heavy Crude
Heavy Crude
 
Posts: 1335
Joined: Tue 03 May 2005, 03:00:00
Location: Reality

Re: America now has more untapped oil than any other country

Unread postby ROCKMAN » Fri 16 Dec 2016, 23:12:33

p - "...why does America need to be made great again?" Easy answer: because unproduced oil has zero value and no ability to aid the economy. The same as the millions of ounces of gold known to be in sea water that have no value.
User avatar
ROCKMAN
Expert
Expert
 
Posts: 11397
Joined: Tue 27 May 2008, 03:00:00
Location: TEXAS

Re: America now has more untapped oil than any other country

Unread postby peripato » Sat 17 Dec 2016, 01:38:47

ROCKMAN wrote:p - "...why does America need to be made great again?" Easy answer: because unproduced oil has zero value and no ability to aid the economy. The same as the millions of ounces of gold known to be in sea water that have no value.

Produced, at what cost?
"Don’t panic, Wall St. is safe!"
User avatar
peripato
Heavy Crude
Heavy Crude
 
Posts: 1335
Joined: Tue 03 May 2005, 03:00:00
Location: Reality

Re: America now has more untapped oil than any other country

Unread postby DesuMaiden » Thu 22 Dec 2016, 20:06:59

The OP doesn't know what he or she is talking about. The USA peaked in oil discoveries way back in the 1930s and 40s, so we already know how much oil is left in the USA. And there certainly isn't that much more untapped potential. But there might be just enough untapped oil potential to cause runaway anthropogenic climate change once we use it all up, which isn't good because ACC will severely impact the biosphere of the Earth.
History repeats itself. Just everytime with different characters and players.
DesuMaiden
Tar Sands
Tar Sands
 
Posts: 886
Joined: Mon 06 Oct 2014, 16:00:31

Previous

Return to Peak Oil Discussion

Who is online

Users browsing this forum: No registered users and 82 guests