beverly hillbillies
Posted: Mon 19 Jan 2015, 18:49:00Funny thing, ever consider that the intro to the beverly hillbillies is an easy way to grasp the "economic substitution" concept of within the peak oil curve?
As we all know on this forum, from the consumer stand point oil products (such as gas, diesel and jet fuel) derived from conventional land based fields like "spindel top" in Texas, or "guwair" the superfield in Saudi Arabia is no different from oil products derived from "cantarell" which is a shallow water oil field in the gulf of mexico!
Next one has to consider "tight" oil products derived from the tar sands in tar sands in alberta, and of course there is the latest source of oil (energy) from shale in barnett TX, and the marcellus in the appalachian basin.
Now watching a little bit of TV news (where it was mentioned that ellie may clampett just died not too long ago), I noticed the simplest way to understand why "conventional" peak oil is indeed a very real economic problem in the long run, is watch the intro to the beverly hillbillies theme song and note the image associated with "bubbling crude"
https://www.youtube.com/watch?v=TDgTJulizrs
Long story short, conventional oil is cheap and easy to extract/process and bring to market! BUT the "economic substitutions" for easy to get to conventional oil from unconventional geological formations mentioned above, requires lots more money and resourced to bring to market!!
As we all know on this forum, from the consumer stand point oil products (such as gas, diesel and jet fuel) derived from conventional land based fields like "spindel top" in Texas, or "guwair" the superfield in Saudi Arabia is no different from oil products derived from "cantarell" which is a shallow water oil field in the gulf of mexico!
Next one has to consider "tight" oil products derived from the tar sands in tar sands in alberta, and of course there is the latest source of oil (energy) from shale in barnett TX, and the marcellus in the appalachian basin.
Now watching a little bit of TV news (where it was mentioned that ellie may clampett just died not too long ago), I noticed the simplest way to understand why "conventional" peak oil is indeed a very real economic problem in the long run, is watch the intro to the beverly hillbillies theme song and note the image associated with "bubbling crude"
https://www.youtube.com/watch?v=TDgTJulizrs
Long story short, conventional oil is cheap and easy to extract/process and bring to market! BUT the "economic substitutions" for easy to get to conventional oil from unconventional geological formations mentioned above, requires lots more money and resourced to bring to market!!