Oiler - The question is who's more responsible for the space wasted here: peakoilwhen or the folks that continued to argue with him? Of course I was joking about believing all oil was abiotic...which some actually thought I did think. LOL. Once that debate could be ignored by accepting all oil was abiotic we could focus on the real problem: where can we find more oil...biotic or abiotic?
ROCKMAN wrote:. Once that debate could be ignored by accepting all oil was abiotic we could focus on the real problem: where can we find more oil...biotic or abiotic?
Cog wrote:If abiotic theory had any validity, there should be oil wells all over Hawaii and Japan.
AdamB wrote:Cog wrote:If abiotic theory had any validity, there should be oil wells all over Hawaii and Japan.
According to this new version, instead of letting all that magma in Hawaii run into the ocean, folks should just be scooping it up, wringing it out into barrels, and becoming the new Saudi Arabia of the Pacific!!
Yoshua wrote:The oil producers have gone from conventional oil to tar sand and the interest rate has fallen to zero.
We are at peak oil today.
Yoshua wrote:At some point issuing more credit/debt will have no effect. At peak oil real economic growth falls to zero, interest rates then also falls to zero.
yoshua wrote: This will lead to a financial collapse when the $220T global debt tied to the assets implodes and takes down the financial system and the global economy.
peakoilwhen wrote:drilling in Hawaii would be a good public display for the abiotic theory, there really shouldn't be any oil there according to conventional theory.
But I think the pro-biotic gang would find a sack of ad-hoc excuses for why oil should be found, once it had been found in Hawaii. They have no shame, biotic theory has no test, and cannot be falsified according to them. That this renders it an unscientific theory doesn't matter, for believers of a religion, it MUST be true.
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