Israel - lock n load!

Originally Posted by CB..

i know this is drifting of topic but it completely msytifies me...
we know we are running out of Oil...we know Oil is absolutely essentail to our society in ways we can't even be bothered to think about...we know Oil is both fundamental to the heart of the economy and at the heart of world politics..not to mention the military situation...

yet there is no mention of finding an alternative..other than the vague notion that some one some where will "think of something"...

Oil IS our civilisation....without it we can't even scratch our own noses..

unless some sort of substitue can be quickly found ..one that will slot into the space left by oil with little or no alteration of current technology,
or the entire technological tree will simply vanish...requiring a vast and un endingly radical change to our way of life

i know it is cool to dismiss the frailtys of our current situation...

but i for one would feel a whole lot better if there were some attempt being made to re-assure the public on this subject...

the fact that little or no re-assurance is being proffered by our governments...is deeply deeply perverse

lets face it if they had the soloution then they would have told us..(if it was at all pleasant)

Yes it's off topic and perhaps a new thread is waranted. Until then I have a bit of food for thought.

"Despite the continued growth in global consumption of petroleum, proven oil reserves have increased steadily over the past twenty years, in large part because oil companies have revised their estimates of reserves in known fields. According to the Oil & Gas Journal’s production estimates, during the period of 1970 to 2000, 680 Gb of oil was produced, but 980 Gb of reserves were added. Under old technologies, oil companies could only retrieve about 35 percent of the oil in place; with enhanced technologies, including directional drilling, companies have increased that amount and with new technologies, it is believed that it is possible to extract up to 65 percent of the oil in the field. Moreover, three and four dimensional seismic exploration technology has led to revised estimates of oil that can be economically extracted. Reserves are defined by economic as well as geological considerations; one reason that reserves increase is that companies do not invest funding in exploration and enhanced recovery until there is a demand and the prices of oil warrants the expenditure."

[CB..]

Originally Posted by waste gate

Yes it's off topic and perhaps a new thread is waranted. Until then I have a bit of food for thought.

"Despite the continued growth in global consumption of petroleum, proven oil reserves have increased steadily over the past twenty years, in large part because oil companies have revised their estimates of reserves in known fields. According to the Oil & Gas Journal’s production estimates, during the period of 1970 to 2000, 680 Gb of oil was produced, but 980 Gb of reserves were added. Under old technologies, oil companies could only retrieve about 35 percent of the oil in place; with enhanced technologies, including directional drilling, companies have increased that amount and with new technologies, it is believed that it is possible to extract up to 65 percent of the oil in the field. Moreover, three and four dimensional seismic exploration technology has led to revised estimates of oil that can be economically extracted. Reserves are defined by economic as well as geological considerations; one reason that reserves increase is that companies do not invest funding in exploration and enhanced recovery until there is a demand and the prices of oil warrants the expenditure."

ok thanks for that....this is certainly news to me:hmm:

[Yahoshua]

As skybird pointed out, there IS a solution getting off the oil IV but special interest groups (like Big Oil and automakers) are blocking the progress for as long as they can do so.

So they'll whine and delay to make the oil stay until it's gone, then they'll sell us "new" technology that is completely independent of oil.

[Takeda Shingen]

Originally Posted by CB..

ok thanks for that....this is certainly news to me:hmm:

From Oil and Gas Journal's own 'about us' page (http://www.ogj.com/aboutus/about.cfm):

The Oil & Gas Journal, first published in 1902, is the world's most widely read petroleum industry publication. Each week the Journal delivers the latest international oil and gas news; analysis of issues and events; practical technology for design, operation and maintenance; and important statistics on international markets and activity. The Oil & Gas Journal is designed to meet the needs of engineers, oil management and executives throughout the oil and gas industry. Since 1910, The PennWell Petroleum Group has been the industry leader for coverage of and service to the worldwide petroleum industry. Its foundation magazines are Oil & Gas Journal, Offshore Magazine, Oil, Gas & Petrochem Equipment, Oil & Gas Financial Journal, LNG Observer and The Petroleum Buyers' Guide. The group also produces targeted e-Newsletters, hosts global conferences and exhibitions, seminars and forums, directories and technical books, print and electronic databases, surveys and maps.

PennWell Petroleum clearly has a horse in this race. I wouldn't take industry statements, especially those from the oil industry, at face value. We need to get off of oil.

[CB..]

i've had a scan round the net and sadly there are as many differing "officail" opinions on the situation as there are concerning the global climate situation...

the really irritating thing is i can remember that both the Climate debate AND the Oil debate has been going on since the 70's and both are still considered trivial and un-important....

can't resist quoting Ambassador Molari from Babylon Five ..

"ahhh..arrogance AND stupidity in the same package...how terribly economical of you.."

now our governments may well have it all under control..( )
but if they do they sure aint telling us what they have up their sleeves
i don't care what they say in public...it's all just theatre and spin....it's what they might be saying/planning in private that worrys me...

Originally Posted by Takeda Shingen

From Oil and Gas Journal's own 'about us' page (http://www.ogj.com/aboutus/about.cfm):

PennWell Petroleum clearly has a horse in this race. I wouldn't take industry statements, especially those from the oil industry, at face value. We need to get off of oil.

I don't think The PennWell Petroleum Group is pumpimp or selling oil or oil products.
They seem to be a publishing company dedicated to publishing information and analysis for the oil production industry. Much like Jane's, Aviation Week and Space Technology, New England Journal of Medicine and Teacher Education Quarterly are for their respective industries. Trade publications only report on the industry. So as much as the afore mentioned groups have a horse in the race, then I guess you are correct.

[Takeda Shingen]

Originally Posted by waste gate

I don't think The PennWell Petroleum Group is pumpimp or selling oil or oil products.
They seem to be a publishing company dedicated to publishing information and analysis for the oil production industry. Much like Jane's, Aviation Week and Space Technology, New England Journal of Medicine and Teacher Education Quarterly are for their respective industries. Trade publications only report on the industry. So as much as the afore mentioned groups have a horse in the race, then I guess you are correct.

Groups that take part in inside analysis are notorious for touting rosey claims regarding that industry. You will not see Jane's Aviation Week and Space Technology disussing the hard facts of relevence in the space industry. You will not see Teacher Education Quarterly discussing the ugly truth of education in urban America. You will not see Penwell discussing the truth of big oil's impact on society, government and the environment. It is simply not in their best interest. As such, I would be very skeptical of their statistics.

Originally Posted by Takeda Shingen

Groups that take part in inside analysis are notorious for touting rosey claims regarding that industry. You will not see Jane's Aviation Week and Space Technology disussing the hard facts of relevence in the space industry. You will not see Teacher Education Quarterly discussing the ugly truth of education in urban America. You will not see Penwell discussing the truth of big oil's impact on society, government and the environment. It is simply not in their best interest. As such, I would be very skeptical of their statistics.

Nor is it in their best interest to lie.

[Takeda Shingen]

Originally Posted by waste gate

Nor is it in their best interest to lie.

Heh. No, industry insiders never lie. Cigarette, anyone?