As honest as any welsher. As ignorant as any tin horn.
LTO producers are trying to extract more energy for every unit of energy they use. Not that they care about EROEI, they are just trying to make more dollars on every dollar they spend, which is basically another way of calculating EROEI.
Yoshua wrote:LTO producers are trying to extract more energy for every unit of energy they use.
marmico wrote:As honest as any welsher. As ignorant as any tin horn.
And ETP Bozo's website is kaput. Finally.
shortonoil wrote:LTO producers are trying to extract more energy for every unit of energy they use. Not that they care about EROEI, they are just trying to make more dollars on every dollar they spend, which is basically another way of calculating EROEI.
LTO is produced from source rock.
shortonoil wrote: It is found at depths that are deeper, and hotter, and with much higher formation pressures than conventional black oil that comes, in most places in the world, at about the 4,000 foot level.
shortonoil wrote:The oil age is ending, and it is hardly even being mentioned.
marmico wrote:As honest as any welsher. As ignorant as any tin horn.
And ETP Bozo's website is kaput. Finally.
The world as we know it is already coming to an end with riots spreading from one nation to another like a wild fire.
Baduila wrote: I expect, something big will shatter, but i don't know what.
The band restricting the oil price gets tighter and tighter. The green dotted line is for the maximum the economy can stand, and the blue dotted line for the minimum oil producers can stand. Even the destruction of the plant in Abquaiq did not allow the oil price to get higher
Baduila wrote:The band restricting the oil price gets tighter and tighter. The green dotted line is for the maximum the economy can stand, and the blue dotted line for the minimum oil producers can stand. Even the destruction of the plant in Abquaiq did not allow the oil price to get higher.
In April both lines will clash. Peak oil will be evident. I expect, something big will shatter, but i don't know what.
Outcast_Searcher wrote:You're making the ETP Bozo sound smart. Hint: that's not a good thing.
Baduila wrote:The band restricting the oil price gets tighter and tighter. The green dotted line is for the maximum the economy can stand, and the blue dotted line for the minimum oil producers can stand. Even the destruction of the plant in Abquaiq did not allow the oil price to get higher.
In April both lines will clash. Peak oil will be evident. I expect, something big will shatter, but i don't know what.
The WTI is already so compressed in that triangle that something big should already be breaking down.
Well...the Repo market blew up. The Fed is now pumping money into the Repo market and doing Not QE.
The world as we know it is already coming to an end with riots spreading from one nation to another like a wild fire.
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