Plantagenet wrote:The US government estimates that there are about 363 BILLION barrels of recoverable unconventional oil left on the planet.
AdamB wrote:Plantagenet wrote:The US government estimates that there are about 363 BILLION barrels of recoverable unconventional oil left on the planet.
Reference please. .
Plantagenet wrote:I find it hilarious that you are now arguing with Rockman over what unconventional oil is and Rockman ---a lifelong scientist in the Petroleum industry--- has now demonstrated once again, as I did somewhat earlier in this thread, that you don't even know what unconventional oil is.
AdamB wrote:Plantagenet wrote:Plantagenet wrote:The fact that unconventional oil production hasn't gone up in spite of a dramatic price increase demonstrates that the oil producers can't easily increase the amount of unconventional oil being produced right now even though there has been a large increase in the price of oil.
The US doesn't do much unconventional, so you can ask the Canadians about why they have chosen to not increase that production.
ROCKMAN wrote:"I was making fun of what the AAPG..." Very convenient to be able to make fun of what 38,000 petroleum geologists believe in one swipe.
Rockman wrote: The vast majority in the oil capital of the world...Houston. A very scientific approach. LOL
jawagord wrote:Canadians have been doing their part to increase oil production. Of course if we did not have the political impediments of Obama, Biden, Trudeau blocking export pipelines and creating onerous new regulations we would be doing a lot more. When the TMX pipeline expansion is complete in 2024 and assuming the climate crazy Trudeau Liberal government is replaced there should be a sustained increase in Canadian production until 2030. Canadian production has always been limited by politics not geology.
AdamB wrote:...maybe the AAPG are just slow learners?
Plantagenet wrote:AdamB wrote:...maybe the AAPG are just slow learners?
Why not face facts?
Rockman is 100% right on the definition of unconventional oil and you are 100% wrong.
Plantagenet wrote:No offense----but could it be that you are dyslexic? You don't seem to be able to learn some basic things.....
ROCKMAN wrote:As always predicting future (peak or otherwise) will hinge on oil prices. Increases in production will always depend on oil prices AS LONG AS THERE ARE ECONOMICLY VIABLE TARGETS TO DRILL FOR. Thus, PO in a trend, a state, a country or the world will happen when oil prices NEVER reach a level to justify developing the remaining reserves. That is not an easy dynamic to predict. Especially when it requires a prediction of the budgets of the oil companies. From: https://oilprice.com/Energy/Crude-Oil/T ... -2022.html
Rockman wrote:Of course, for some folks here, it's a very simple answer. I certainly wish I was that smart after working in the oil patch for 40+ years. A span during which I've witnessed a number of trends and basins reach PO. Trends and basins which will never see their former PO reached again no matter how high oil prices reach.
theluckycountry wrote:Cheap oil, flowing or even pumped from the ground is what built the world we live in.
luckycountry wrote: Converting source rock into oil is an exercise in tail chasing and the Great Unconventional Oil boom of the last decade hasn't added one iota to the living standards of the Average American.
AdamB wrote:
Any country that has built nuke subs knows this, the Neanderthal ones running around using silly diesel/electrics might not, lacking previously mentioned talents necessary to understand the power of the atom.
yellowcanoe wrote:AdamB wrote:
Any country that has built nuke subs knows this, the Neanderthal ones running around using silly diesel/electrics might not, lacking previously mentioned talents necessary to understand the power of the atom.
Just FYI, a number of Air Independent Propulsion systems have been developed that enable better submerged performance than a basic diesel/electric submarine. While not as good as a nuclear submarine it is certainly a cheaper option.
Yellowcanoe wrote:
Some AIP systems such as fuel cell based units can provide quieter operation than a nuclear submarine which requires pumps in the reactor system to operate all the time. https://en.wikipedia.org/wiki/Air-indep ... propulsion
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