pstarr wrote:NGL (counted by the liars at EIA) is not oil, but rather a minor subset that may replace some gasoline. This is why (among several reasons) diesel prices remain historically high. You can gin up the gas supply with fake gasoline substitutes, but not diesel which is made from real oil
Including ethanol as oil is equally disingenuous. It ruins engines. My 2-stroke and 4-stroke lawn tools are in the shop because the corn liqueur destroyed parts. What is that doing to the expensive volvo and tacoma? It is also has a negative EROEI and so is double counting. The natural gas, coal, petroleum that goes into farming and distillation should be debited from the IEA numbers.
Real oil is in decline.
meemoe_uk wrote:This evidences what I say about the IEA making 2 contradictory statements, their figures say peak oil hasn't happened yet, yet they will publish assertions of peak oil being 4 years ago. Still waiting for Pops to get back to me on that one.
Pops wrote:Conventional oil production volume hasn't increased in half a decade – the $20/bbl kind we've been burning for 150 years can't meet demand regardless of the record prices.
If new sources aren't allowed, then peak oil happened 150 years ago when bucket and spade from the surface seep oil supply peaked and was being superceded by this new fangled 'dig down thru rock with a pick axe' oil.
OilFinder2 wrote:Sorry, meemoe is right. Doomers are constantly shifting the goalposts. We're using new technology to extract new oil. Been going on for 150 years.
Is that the first time on PO.com that someone has publically supported him on any issue?OilFinder2 wrote:Sorry, meemoe is right.
Good to have it out in public. I had assumed even the skeptics had given up on him as a complete crank.sparky wrote:.
I supported some of his stuff on the solar cycle 24 thread
His numbers are basically correct
OilFinder2 wrote:Sorry, meemoe is right. Doomers are constantly shifting the goalposts. We're using new technology to extract new oil. Been going on for 150 years.
"What I see now with existing investments for plants under construction … we are seeing the door for a 2 degree Celsius target about to be closed and closed forever"...
A major reason for rising carbon dioxide emissions was fossil fuel subsidies, he added.
In 2012, $630 billion was spent on fossil fuel subsidies globally, with half of this from the Middle East and the other half from the rest of the world, Birol said.
"By contrast, in 2010, fuel subsidies totalled $400 billion. We are going backwards," he said.
sparky wrote:.
Well numbers are numbers , ..,..,
I could be wrong by a decade ( maybe not )
Corn ethanol, hydrofracking rock and extracting tar sands are not new technologies.OilFinder2 wrote:Any time a new technology allows production from new sources,
pstarr wrote:Dorlomin, magnificant!
It became apparent years ago that Oilfinder has no intention of entering into honest debate. He is a fascinating phenomena. Rarely looses his cool. Always smiling. Somewhat humorous. Takes on all comers. You almost think he was planted here to drive page views. Could he be the ever-elusive admin?
dorlomin wrote:OilFinder2 wrote:Corn ethanol, hydrofracking rock and extracting tar sands are not new technologies.
dorlomin wrote:You see your strawman collapses with the lights puffs of air. But it is indicative of what is going on ... The irregularities of in factual states compromise that of the knowing evidence thou initiates the process of realignment of logic, interpreting the interests of human evolution through that which incepts the ideal concept enticed by common knowledge.
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