[opendtv] Re: A Station Group with a Future
- From: "John Willkie" <johnwillkie@xxxxxxxxxxxxx>
- To: <opendtv@xxxxxxxxxxxxx>
- Date: Fri, 2 Feb 2007 15:19:17 -0800
The first analysis that oil production had peaked came in 1919. There were
others, in 1923 and 1926. The 1927 "Spindletop" discovery in East Texas
took care of the latter one.
And, all these are "static" analyses. If the price goes up, there's more
exploration, and it becomes cost-effective to get oil from locations that
were previously too expensive. Capped wells become uncapped and are pumped.
More dynamic than static analyses take into account.
Notice the post-Katarina effects. Short-term price spikes (but no long
lines at gas stations, unlike 1973-1974, and no rationing). Oil went up,
and now there's a glut. Prices have come down, although they might have
leveled off in recent weeks.
This is without talking about what Sunni Saudi Arabia is doing with pricing
and pumping to hurt Shia Iran and godless (at the highest levels) Venezuela
. (Iran exports oil, but imports most of its refined gasoline.)
John Willkie, somewhat a purist on this matter since he usually takes public
transportation and hasn't had heating in his home for more than 7 years, and
(mostly) lives in a country that exports more oil than it uses domestically.
P.S. Anybody else notice the disruption of ethanol on retail corn
(tortilla) prices in Mexico?
_____
From: opendtv-bounce@xxxxxxxxxxxxx [mailto:opendtv-bounce@xxxxxxxxxxxxx] On
Behalf Of Mark Aitken
Sent: Friday, February 02, 2007 2:15 PM
To: opendtv@xxxxxxxxxxxxx
Subject: [opendtv] Re: A Station Group with a Future
Here is a good piece about "Peak Oil"
http://wapurl.co.uk/?ETEOPT9
Mark
the one that agrees that we are TOO lazy and need to face the facts -
petroleum is an important RAW MATERIAL - (not just the source for gas for
too many cars)
PS - FUSION POWER! We need it now!
Manfredi, Albert E wrote:
Bob Miller wrote:
Whether or not humans have had any affect on the climate
so far we should be doing everything we can to be able
to do so in the future since it looks like change is
inevitable.
In the mid 1970s, the word was we were moving back to an ice age. More
recently, everyone seems to agree we are in a warming period, and that
these occur on a regular cycle of several 100s of thoussands of years.
And after the peak, you start heading back to an ice age.
In the past decade or so, the general consensus among those who study
these things was that for sure we were in a warming trend, but it was
unknown whether humans had a very significant effect on this.
The latest twist in this past week, maybe caused by reporters not
interpreting correctly what they are being told (why does that sound
familiar?), is that human-caused CO2 emissions that are the biggest
contributor to global warming. And that it will keep getting warmer.
http://www.wtop.com/?nid=220 <http://www.wtop.com/?nid=220&sid=1048620>
&sid=1048620
A model presented at a symposium I attended recently showed ocean
salinity decreasing somewhat with melting ice at the poles, reducing the
strength of the gulf stream and other such currents, which is what
eventually turns the warming trend around.
Whatever the truth might be, there is enough here to worry about that
there should be no excuse for self-indulgent wanton waste, IMO. When
Exxon-Mobile reports record profits, people seem to be miffed because
supposedly they are "paying too much for fuel." But when I look around
on the road, seems to me they still aren't paying enough.
Bert
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Regards,
Mark A. Aitken
Director, Advanced Technology
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------- Albert Einstein-------
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