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  • #121,941
  • Nov 12, 2012 12:46pm Nov 12, 2012 12:46pm
seriously i think this is the answer to mankind's energy needs...

http://gizmodo.com/5552774/lets-cove...n-solar-panels
  • #121,942
  • Nov 12, 2012 12:48pm Nov 12, 2012 12:48pm
Quoting stewrigh
As an aside I read something recently about oil not being a fossil fuel but abiotic - in other words it is 'renewable'. Just another conspiracy theory but you never know.

http://rense.com/general67/oils.htm
whats the big deal? any oil will burn. fuel can be made out of most organics. the cost is the challenge.
those who can, do. those who cant, talk about those who can
  • #121,943
  • Nov 12, 2012 12:56pm Nov 12, 2012 12:56pm
Quoting gatorinla
its about price. if they can get it here in the pipeline for 20$? a barrel. it dont matter what those sandy beaches do. those kings are in trouble if the price falls too much. it dont matter what Exxon does. for 50 years the u.s. sold oil leases and the oil companies sat on them w/o drilling. that has changed. you dont drill. you lose the lease. now we have others willing to do it. and exxon cant do a thing about it.
i dont care what kawait does. we got oil. and like it or not.. they are retrieving it.. and exxon may be in that too..
Disagree Gator but because of the financial and technical part of the argument not for the rest.

Is not about price is about cost.

In simple words, Price is what "you" pay for a barrel , Cost is what the bastards pay, the difference is where the business is.

So nobody is denying US oil production and investment but like in any other business, money and profit rules. Is a no brainer where you will squeeze and maximize your profit first (where cost is less, the quality is the best and the profit margin is larger) and given that oil is a "limited" natural resource in which the big private bastards (and big countries too) have already expend trillion of USD, there is only one and only one way to go until the profit margin (either via cost or price) are reduced to make a more dramatic shift in production to somewhere else....

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #121,944
  • Nov 12, 2012 12:58pm Nov 12, 2012 12:58pm
Quoting gatorinla
whats the big deal? any oil will burn. fuel can be made out of most organics. the cost is the challenge.


Inserted Video
  • #121,945
  • Nov 12, 2012 1:01pm Nov 12, 2012 1:01pm
Quoting stewrigh
Think about it for a minute - All the oil we have been using for the last 100 years was made from the decomposing corpses of dinosaurs - give me a break.
I know - it's like saying the earth is more than 6000 yrs old - pull the other one , do they think we were born yesterday?
  • #121,946
  • Nov 12, 2012 1:02pm Nov 12, 2012 1:02pm
Quoting sisse
Disagree Gator but because of the financial and technical part of the argument not for the rest.

Is not about price is about cost.

In simple words, Price is what "you" pay for a barrel , Cost is what the bastards pay, the difference is where the business is.

So nobody is denying US oil production and investment but like in any other business, money and profit rules. Is a no brainer where you will squeeze the profit first (where cost is less and the quality is the best and the profit margin is larger) and given that oil is a "limited"...
one of us is wrong. its black or white. domestic oil production is greater today then 20 years ago and on a steep uptrend. we will c how it turns out. If i am wrong i will admit it here openly..
those who can, do. those who cant, talk about those who can
  • #121,947
  • Nov 12, 2012 1:04pm Nov 12, 2012 1:04pm
Quoting chazzle
I know - it's like saying the earth is more than 6000 yrs old - pull the other one , do they think we were born yesterday?
duh, dinosaurs? didn't you know god put them bones in the earth to test our faith!!!

Inserted Video
  • #121,948
  • Nov 12, 2012 1:08pm Nov 12, 2012 1:08pm
Quoting sisse
Disagree Gator but because of the financial and technical part of the argument not for the rest.

Is not about price is about cost.

In simple words, Price is what "you" pay for a barrel , Cost is what the bastards pay, the difference is where the business is.

So nobody is denying US oil production and investment but like in any other business, money and profit rules. Is a no brainer where you will squeeze and maximize your profit first (where cost is less, the quality...
its already happening
they are making money already, so much they are expanding. they have a labor and housing shortage
those who can, do. those who cant, talk about those who can
  • #121,949
  • Nov 12, 2012 1:10pm Nov 12, 2012 1:10pm
Quoting gatorinla
one of us is wrong. its black or white. domestic oil production is greater today then 20 years ago and on a steep uptrend. we will c how it turns out. If i am wrong i will admit it here openly..
Ok deal. I would admit it too if I am wrong...sadly we wont see the outcome in a very long time but I never forget my bets. ...we'll see.

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #121,950
  • Nov 12, 2012 1:12pm Nov 12, 2012 1:12pm
Quoting FibbinArchie
duh, dinosaurs? didn't you know god put them bones in the earth to test our faith!!!
Legend -

I know one or two who actually believe that - and yeah , a bizarre way to test faith , given that if that's your way of thinking - you pretty much have that opportunity every time you deal with another human being
  • #121,951
  • Nov 12, 2012 1:14pm Nov 12, 2012 1:14pm
Quoting gatorinla
whats the big deal? any oil will burn. fuel can be made out of most organics. the cost is the challenge.
It's supply and demand - imagine that oil was unlimited and we could use as much as we wanted and knew it would last forever.

The real cost of oil would relate to production and transportation, not supply . And what if that was and always has been true but the oil companies need to make a profit so they invented the peak oil myth.....Just thinking...
  • #121,952
  • Nov 12, 2012 1:15pm Nov 12, 2012 1:15pm
Quoting FibbinArchie
seriously i think this is the answer to mankind's energy needs...

http://gizmodo.com/5552774/lets-cove...n-solar-panels

did you read about john mcafee???

crazy..
  • #121,953
  • Nov 12, 2012 1:17pm Nov 12, 2012 1:17pm
Quoting gatorinla
its already happening
they are making money already, so much they are expanding. they have a labor and housing shortage
Sure they are making money. They always had, My points were:

1. You will not see the US interested in world oil reducing a inch as long as the cost of producing oil in some parts of the world guarantee the bastards making a killer when they can.
2. The US has always been a major producer of oil (either 1st, 2nd or 3rd in the last 100 years). The noise of oil independence and etc is just post recession noise in my books...nothing has changed and nothing will change in the foreseeable future because the bastards rule the industry ...the rest is just "propaganda" for false national pride when the US has been in the top 3 all the time.

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
  • #121,954
  • Nov 12, 2012 1:19pm Nov 12, 2012 1:19pm
Quoting FibbinArchie
seriously i think this is the answer to mankind's energy needs...

http://gizmodo.com/5552774/lets-cove...n-solar-panels
unfortunately - for the Japanese , that there moon already has a US flag on it
  • #121,955
  • Nov 12, 2012 1:21pm Nov 12, 2012 1:21pm
Quoting sisse
Ok deal. I would admit it too if I am wrong...sadly we wont see the outcome in a very long time but I never forget my bets. ...we'll see.

sisse
by 2017 we should = the Saudis production. Now consider only a small% of their oil goes to the u.s. Asia and Europe are the ones using it. so we will know in a short time.. i already c the fruit bearing.. the U.S. trade deficit has had some negatives already..
those who can, do. those who cant, talk about those who can
  • #121,956
  • Nov 12, 2012 1:24pm Nov 12, 2012 1:24pm
Quoting chazzle
unfortunately - for the Japanese , that there moon already has a US flag on it
hmm, that flutters in the breeze, 'cept no atmosphere or wind on the moon...
  • #121,957
  • Nov 12, 2012 1:24pm Nov 12, 2012 1:24pm
Quoting Larseg
did you read about john mcafee???

crazy..
caught writing internet viruses?
  • #121,958
  • Nov 12, 2012 1:26pm Nov 12, 2012 1:26pm
Quoting sisse
Sure they are making money. They always had, My points were:

1. You will not see the US interested in world oil reducing a inch as long as the cost of producing oil in some parts of the world guarantee the bastards making a killer when they can.
2. The US has always been a major producer of oil (either 1st, 2nd or 3rd in the last 100 years). The noise of oil independence and etc is just post recession noise in my books...nothing has changed and nothing will change in the foreseeable future because the bastards rule the industry ...the rest...
u.s. oil imports (and consumption) have gone down the last few years. even after 2008/09
those who can, do. those who cant, talk about those who can
  • #121,959
  • Nov 12, 2012 1:33pm Nov 12, 2012 1:33pm
Quoting FibbinArchie
hmm, that flutters in the breeze, 'cept no atmosphere or wind on the moon...
debunked mate - under no/low atmos. pressure - after being stuck in the ground , it wobbles for ages - or summat like that blud
  • #121,960
  • Nov 12, 2012 1:35pm Nov 12, 2012 1:35pm
Quoting gatorinla
u.s. oil imports (and consumption) have gone down the last few years. even after 2008/09
Recession....

Let see when the US start dancing again in a couple of years and the oil junky is back on track...

sisse
Pending conversations? PM for a chat...I am mainly in OTM now
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