

Some of the better homes. The Spanish influence, far better than anything you have in that pine frame sheet rock town of boulder.



You've been living in a dream world Neo.
theluckycountry wrote:Hey adam, you know those crappy little hills you're so proud of.
theluckycountry wrote:This is Santiago in Chile, a South American bannana republic, it has REAL mountains.
https://blog.gorozen.com/blog/the-permian-basin30 June 2023 — Our analysis confirms these results: Permian per-well productivity fell 8% last year. The drivers of the lost productivity will only get worse.
https://oilprice.com/Energy/Energy-Gene ... oblem.htmlPermian dominates U.S. oil growth, contributing over 6 million barrels per day and nearly half of total U.S. output, but its growth is increasingly seen as unsustainable.
https://www.artberman.com/blog/beginnin ... e-permian/January 4, 2024-- Permian basin and Eagle Ford oil recoveries have both fallen by 30% and Bakken has declined by almost 20%. Those plays accounted for two-thirds of U.S. output in 2023. That means that U.S. production will decline at some time in the relatively near-future.
But wait—isn’t the U.S. producing a record amount of oil? Yes, U.S. output increased by more than 1 million barrels per day in 2023 to 13.2 mmb/d and about 80% of that increase was from tight oil plays. How can well performance be decreasing while production is increasing?
The answer is that shale wells are producing at higher initial rates but are declining faster than in previous years. Their total recoveries are lower than just a few years ago.
https://blog.gorozen.com/blog/the-permian-basintheluckycountry wrote:30 June 2023 — Our analysis confirms these results: Permian per-well productivity fell 8% last year. The drivers of the lost productivity will only get worse.
theluckycountry wrote:This is a closeup of one of the motorcycle rides up here in the Scenic Rim adam, the Cunningham highway through the gap.
https://www.scenicrim.qld.gov.au/scenic ... ATURED.jpg
Global oil production's Energy Return on Energy Invested (EROI) is declining as it becomes more expensive to extract oil from the Earth. This means that for each unit of energy invested in oil extraction, less energy is returned. This trend is particularly noticeable in unconventional oil sources like shale oil and oil sands, where EROI can be significantly lower than conventional oil
https://www.resilience.org/stories/2024 ... rgy-cliff/...extraction of 50 units of energy in oil (as in historic oil and gas fields) may require one unit of energy, for an EROEI of 50 to 1. But over time, as oil extraction requires increasing effort, oil’s EROEI might fall to 30 to 1, then 15 to 1. Declining EROI is precisely what characterizes the current state of fossil hydrocarbon extraction, as the graphic shows.
The implications are staggering. A declining EROEI reveals that extraction of energy will be increasingly expensive and eventually, cost-prohibitive. Hydrocarbons will still be in the ground, but the costs of their extraction will continue to climb. This also means that, barring the development of some new type of energy source, society will have to adapt to a much lower energy future. And it suggests that the monetary costs of extraction will erode GDP growth and eventually cap economic expansion.
In 2005, just a few years before the rising price of oil triggered the 2008 economic crisis, the U.S. Department of Energy commissioned a report from the think tank SAIC titled “Peaking of World Oil Production: Impacts, Mitigation and Risk Management.” It’s clear from interviews that the authors were shocked by the implications of soon-to-arrive global Peak Oil, which they termed “an unprecedented risk management problem.” Analyzing the supply and demand side of the oil scarcity challenge, they concluded that at least a decade, and more likely two, would be needed to prepare for Peak Oil and prevent social and economic upheaval.
The report garnered a great deal of attention at the time, as did other warnings of energy limits. But the subsequent “shale revolution” changed everything. Instead of being recognized as a last domain of exploration and recovery, the media framed shale and fracking as an energy elixir. The intervening years have not produced the preparatory planning that Hirsch warned should occur...
https://www.resilience.org/stories/2024 ... rgy-cliff/theluckycountry wrote:Hirsch wrote a report that was wrong, and the people who knew it 20 years ago were banned for knowing why in real time. Good to see that not everyone fell for such nonsense, but because peak oil happened 7 years ago and we want so decent fear mongering to start back up...lets review!
mmasters wrote:I predict by 2025 or 2030 the US will begin to have natural gas vehicles in the market. We've got at least 20-30 years of natural gas.
theluckycountry wrote:Peak Permian, Global Peak Oil will happen...
theluckycountry wrote:The real peakOil story was and always will be centered around 2007~8 conventional peak.....
theluckycountry wrote:I remember well my awakening to PeakOil, it was after reading the material on dieff.org (now long gone) back in 2004.
theluckycountry wrote:I retired before 60 and it was easy because my overheads were quite low.
theluckycountry wrote:I have made a few errors, not costly ones, but I bought too many sport bikes when I should have been more focused on Adventure bikes.
theluckycountry wrote:As a parrot I just repeated a bunch of <yawn> parrot level repitiion of parrot level understanding...me being a parrot and not even being able to pick my favorite oils off a list.
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