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Hutzpa

(11,461 posts)
9. I wasn't going to post here today
Fri Dec 23, 2011, 01:18 PM
Dec 2011

but I'll address this, the article did not claim 500 million, that is my estimate,
I estimated that when you combined the oil corporations meaning (collectively,
put together)the oil producing corporation can produce up to 500 million barrels per
day
this is what I said, I never told you it was accurate, I said this was an
estimate furthermore you keep accusing me of not comprehending, look
like you are the one lacking comprehension, because what I expected from you is
to at least understand my point, not try to twist them.

I also provided a link of the discovery Exxon made from one oil well, where 700
million barrels of oil can be extracted per day from that well. Here is where I think
the confusion lies, confusing discovering and producing, I'm saying once it has been
discovered, the decision can to be made whether to start producing or to keep as
a reserve well, it still does not disqualify the 700 million barrels of oil that can be
drilled from the well. You also believe strongly that we've reached peak oil and I am
saying to you it cannot be, because we have evidence or there are multiple
evidence that shows us that we cannot be approaching peak oil.

When you look at the wells being discovered and wells that are being sealed as preserved,
not to mention the wells that are in operation it is easier to see why folks such as myself
will disagree with experts whom are not petroleum geologist but economical analyst that
writes about the world reaching peak oil, I will have to look at independent evidence
because I know what the oil companies like to do which is to persuade the experts to
go with their point of view.

This is what led me into providing an example of why I believe it's impossible just as
the OP provided an example with the North Dakota 200 billion barrels of oil.
The truth is there are wells being discovered in the Gulf of Mexico and these wells
are being put into reserve by the oil companies just so they can control the price of
oil, let us not forget that.

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200 billion barrels in North Dakota [View all] ConsistentLiberal Dec 2011 OP
Oh really? 4dsc Dec 2011 #1
I think that is a myth Hutzpa Dec 2011 #2
What's a myth? 4dsc Dec 2011 #3
Your assessment of peak oil IS a myth Hutzpa Dec 2011 #4
Try reading for comprehension 4dsc Dec 2011 #5
You seem to be stuck with 500 million barrels Hutzpa Dec 2011 #6
You're missing some simple facts. FBaggins Dec 2011 #7
Yes he's missing the facts and its funny 4dsc Dec 2011 #8
I wasn't going to post here today Hutzpa Dec 2011 #9
I'm not claiming anything Hutzpa Dec 2011 #10
Of course you are. FBaggins Dec 2011 #11
Did you read the article? Hutzpa Dec 2011 #12
There's nothing in that statement that's wrong... FBaggins Dec 2011 #13
I see you are disagreeing with Hutzpa Dec 2011 #14
Of course. FBaggins Dec 2011 #16
Now we're off of the per day Hutzpa Dec 2011 #17
And your argument is still wrong 4dsc Dec 2011 #19
Details, details... A-Schwarzenegger Dec 2011 #15
re: I thin it's a myth ConsistentLiberal Jan 2012 #20
Minor correction - it's (m)illion, not (b)illion. Aside than that, GliderGuider Jan 2012 #21
oil is technology 4dsc Jan 2012 #22
And at current rates of production, it will only take a century or so to extract all of it. NickB79 Dec 2011 #18
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