pstarr wrote:"would produce billions of barrels of oil" ''US oil production would turn around"
Who's opinion is it? Your? Not good enough. You need to reference a serious oil geologist.
Plantagenet wrote:However, there wasn't single word in the 2006 video about frakking or "unconventional oil". They did mention the tar sands, but they completely missed the importance of shale oil. Colin Campbell kept claiming there would never again be a "new" geologic basin developed that would produce billions of barrels of oil (as we now see with shale oil from the Williston basin and other shale oil basins).
The peak oil experts in 2006---just 7 years ago---- never dreamed that US oil production would turn around and start increasing again due to frakking shale oil.
Ache wrote:Plantagenet wrote:However, there wasn't single word in the 2006 video about frakking or "unconventional oil". They did mention the tar sands, but they completely missed the importance of shale oil. Colin Campbell kept claiming there would never again be a "new" geologic basin developed that would produce billions of barrels of oil (as we now see with shale oil from the Williston basin and other shale oil basins).
The peak oil experts in 2006---just 7 years ago---- never dreamed that US oil production would turn around and start increasing again due to frakking shale oil.
This 2006 film got some things right, and some things wrong.
You cannot be real
Plantagenet wrote:Ache wrote:Plantagenet wrote:However, there wasn't single word in the 2006 video about frakking or "unconventional oil". They did mention the tar sands, but they completely missed the importance of shale oil. Colin Campbell kept claiming there would never again be a "new" geologic basin developed that would produce billions of barrels of oil (as we now see with shale oil from the Williston basin and other shale oil basins).
The peak oil experts in 2006---just 7 years ago---- never dreamed that US oil production would turn around and start increasing again due to frakking shale oil.
This 2006 film got some things right, and some things wrong.
You cannot be real
Of course I'm real.
Look---I posted some thoughts in this topic, you read my words, my thoughts then triggered your own thoughts to form in your brain, and you typed a message back. Your message read "You cannot be real."
Get it now?
Lore wrote:We are just beginning to realize that as supplies are relegated to the growing dependence on unconventional extraction of fossil fuels, prices are can no longer be restrained within limits that won't spell disaster for future economies around the planet.
seahorse3 wrote:Plant,
You raise interesting questions about how someone like Campbell could miss the shale oil revolution...
I did watch, back in 2004, a documentary called "The End of Surburbia" and it was enlightening.
http://endofsuburbia.com/
The End of Surburia was enlightening bc it went into detail about how energy is the foundation of everything, including our economics, and specifically went into how the two biggest drivers of the American economy, housing and cars, were built on cheap energy that wasn't sustainable.
pstarr wrote:Sorry. You're saying it doesn't make it so. Reference please.Buddy_J wrote:USGS, estimate of 500 billion or so.
Plantagenet wrote:
Obama and the Ds and the MSM and a majority of Americans all think the economy is doing great, and we are on our way to energy independence, and things are generally headed in the right direction.
Arthur75 wrote:About the future of oil extraction, in the Scientif American in which Campbell and Lahererre published "the end of cheap oil" in 1998, there were quite a few other articles, they got the tar sands right, horizontal drilling, but no mention of fracking either.
Below pdf with the Campbell Lahererre paper and all these articles :
http://tribune-pic-petrolier.org/wp-con ... re1998.pdf
pstarr wrote:I followed the link. Still not impressed, not with this sloppy stuff; "The estimates range from 10 to 500 billion bbl (Bbbl) of oil. " Which is it?Buddy_J wrote:pstarr wrote:Sorry. You're saying it doesn't make it so. Reference please.Buddy_J wrote:USGS, estimate of 500 billion or so.
My apologies. Google is your friend.
http://www.undeerc.org/bakken/oilproduction.aspx
I rather doubt recoverable will ever reach 2 billion (much less 10 or 100). Not at the current 765k/day.
Alfred Tennyson wrote:We are not now that strength which in old days
Moved earth and heaven, that which we are, we are;
One equal temper of heroic hearts,
Made weak by time and fate, but strong in will
To strive, to seek, to find, and not to yield.
pstarr wrote:my negative prognosis was ... predicated on ... the implausibility of the tight-shale drill/fract/decline/re-fract/drill-anew merry-go-round continuing for more than several more investment cycles. Certainly not a decade, perhaps a year or two.
pstarr wrote:I followed the link. Still not impressed, not with this sloppy stuff; "The estimates range from 10 to 500 billion bbl (Bbbl) of oil. " Which is it?
pstarr wrote:I rather doubt recoverable will ever reach 2 billion (much less 10 or 100). Not at the current 765k/day.
Users browsing this forum: No registered users and 9 guests