Comments on: Oil In Short Supply? Don’t Bet the Ranch on That

By: Alan Drake

Alan Drake — Wed, 27 Dec 2006 18:02:46 +0000

Texas sure could use some more oil bubbling up from below ! Their production is down 75% from it’s peak in 1972. If texas were an independent nation, they would be an oil importer ! They do not produce enough oil today to keep traffic moving in Houston, Dallas, Ft. Worth, etc.

The famous East Texas oil field (the oil field that won WW II, we had plenty of oil, the Germans & Japanese had much less) is still producing over 1 million barrels/day. It is just 99% water with “oil stains”.

Pemex has announced that Cantarell (oil field that produced 60% of Mexico’s oil in 2004) is declining quickly (about 14%/year) and Mexico uses more oil than they produce outside Cantarell. The US imports about 2 million barrels/day from Mexico.

But “Don’t Worry, Be Happy !”

By: Jean-Luc Delatre

Jean-Luc Delatre — Wed, 27 Dec 2006 14:26:04 +0000

I second Mike B, and it is not only “conservatives” who will be subject to darwinian selection.

Please go on, don’t worry, how any number of frenchmen can be right, Eh?

By: David Mathews

David Mathews — Wed, 27 Dec 2006 12:44:50 +0000

I observe that the blogger is engaging his faith rather than reason. Considering what would happen to America’s economy should it ever become deprived of oil, I would prefer something better than faith and failed predictions from the dawn of the oil age.

What the blogger fails to notice is that humans are burning up the Earth’s oil at the rate of 85 million barrels per day. At this rate of consumption the oil won’t last forever.

Also worthy of note is that the United States of America is consuming 25% of the world’s daily oil output. Given that there are only 300 million Americans and 6.5 billion humans, it is evident that there simply is not enough oil to supply everyone in the world with an American standard of living. If the citizens of China consumed oil at the same rate per capita as America that country would consume the entire world’s daily oil output.

How does America consume 25% of the world’s daily oil production? That amount of oil is not present in the United States of America. In order to satisfy America’s demand for oil the United States needs to import massive amounts of oil on a daily basis. America is presently importing 60% of its oil consumption.

Most of America’s oil imports come from unstable and unfriendly countries. These countries might cut the United States of America off from its addictive drug at any moment. Do you know what would happen to America’s economy if 10% of its oil imports were suddenly cut off (for any reason)?

It wouldn’t be pretty.

Since 1971, America’s oil supplies have dwindled from its peak production. Since 2005, the world’s oil supplies have dwindled from the world’s peak production.

In other words: We are already in the era of the oil catastrophe. Life is going to become very difficult very soon. Prepare for the worst.

By: Mike B

Mike B — Wed, 27 Dec 2006 12:28:19 +0000

I’m actually delighted to hear that the “conservatives” are not prepared for peak oil.

By: Bucky The Moonbat Slayer

Bucky The Moonbat Slayer — Wed, 27 Dec 2006 09:33:03 +0000

Don’t forget — many of the Mid-South Russian Republics are chock full of oil they haven’t even begun to tap. The Gulf of Mexico, still has zillions upon zillions of barrels worth underneath it. Indonesia is a driller’s playground. America has million of acres of underground shale in the mountain-west impregnated full of oil, which soon can be tapped when technology catches up. The Canadian Midwest is awash in oil. If all else fails, we have the technology to turn ordinary landfill into oil with depolymerization. News Week is full crap.

By: Let Freedom Ring » Blog Archive » Oil In Short Supply? Don’t Bet the Ranch on That

Wed, 27 Dec 2006 08:46:31 +0000

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