Oil hoarding on ships.....

purch

It will never, ever run out

Well that's one problem solved !!!! :T

Only another $Trillion to go.............:eek:

P.S. How did the Dinosaurs get all the way down to the mantle ???

Generali

purch wrote: »

W
P.S. How did the Dinosaurs get all the way down to the mantle ???

Jewish conspiracy Squire. That or the French. Bound to be.

indianropetrick

Lotus-eater wrote: »

A quick Google search and read, seems to prove that most people think you are wrong.

Yes, you are right, most people do think I'm wrong but I'm not! Most people a few hundred years ago thought the earth was flat. 'Most people' are quite often wrong about a great many things.....:rolleyes:

jackieb

purch wrote: »

Which is probably 99% of the reasons behind why this dispute suddenly happened.

Russia needs Oil to be above $70 bbl or they lose out.

Some jobs have been priced on oil being $90 a barrel. A lot of land drilling in Russia has been cancelled this year due to the falling oil price. The company my husband works for has just paid off 400 Russians, and the rest have had their salaries cut by a third.

Lotus-eater

indianropetrick wrote: »

Yes, you are right, most people do think I'm wrong but I'm not! Most people a few hundred years ago thought the earth was flat. 'Most people' are quite often wrong about a great many things.....:rolleyes:

Can you give us some reasonable argument that shows you might be correct then?

indianropetrick

dad-of-4 wrote: »

so are you saying if a well runs dry we can go back some time ater and will have filled back up?

Absolutely, yes, this does happen as in the case of the Gulf of Mexico BP field called Thunderhorse. It was approaching depletion. They stopped drilling for a time, and when they started again realized that the oil had been replenished, all the oil that had been removed had returned. The oil source from the Mantle had replenished the field from below. There are numerous oil fields that have been replenished from below after a break in drilling.

indianropetrick

Lotus-eater wrote: »

Can you give us some reasonable argument that shows you might be correct then?

Well, there's a wealth of evidence out there. Try googling the USGS program, Project Moho or ask how the The White Tiger oil field in Vietnam is drilled in crystalline rock.

I can absolutely assure you that the idea of Oil coming from rotting dinosaurs and forests is a myth that Exxon cannot afford for you not to believe.

barrooo

Well, there's a wealth of evidence out there. Try googling the USGS program, Project Moho or ask how the The White Tiger oil field in Vietnam is drilled in crystalline rock.

I can absolutely assure you that the idea of Oil coming from rotting dinosaurs and forests is a myth that Exxon cannot afford for you not to believe

.

Hmmm...not sure about this one me-thinks it is a wind up or conspiracy theorist gone mad.;)

One quick point is that there is an a finite amount of everything on this planet(apart from stupidity). Be that air, water, copper, gold etc so once you've used it the only way to get more is to recycle what you've got or synthesize it from other compounds.

In regards to the price of oil I think you may see $25 a barrel before and increase. Personally I think oil is undervalued at the moment purely because demand isn't there, and also it is a finite resource, so becomes more difficult and costly to extract as resouces diminish, which will regardless of demand push prices up eventually, but you may have to wait a few years.

nickmason

indianropetrick wrote: »

I can absolutely assure you that the idea of Oil coming from rotting dinosaurs and forests is a myth that Exxon cannot afford for you not to believe.

This is self evident, as it would take a lot more than the couple of thousand years since the dinosaurs walked the earth.

socrates

A conspiracy theorist they said was mad was David Icke - I do not agree with everything he says but he did talk about the Banking Industry falling apart long before it happened.

I truly believe the whole oil/Iraq war thing was to stop Iraq supplying China - which in turn would have made China even more powerful.

But then again what do I know!