Phil, we discussed this subject a while ago -- "perpetual" oil.
Despite various "experts" ridiculing it, some scientists take the idea seriously.
lewrockwell.com
>>In 1973 oil was struck and off-shore platform Eugene 330 erected. The field began production at 15,000 barrels a day, then gradually fell off, as is normal, to 4,000 barrels a day in 1989, Then came the surprise; it reversed itself and increased production to 13,000 barrels a day. Probable reserves have been increased to 400 million barrels from 60 million. The field appears to be filling from below and the crude coming up today is from a geological age different from the original crude, which leads to the speculation that the world has limitless supplies of petroleum.
Their most stunning find was a deep fault at a bottom corner of the computer scan that showed oil literally gushing in. "We could see the stream," says Andersen. "It wasn’t even debated that it was happening."
Similar occurrences have been seen at other Gulf Of Mexico fields, at the Cook Inlet oil field, at oil fields in Uzbekistan, and it is possible this accounts for the longevity of the Saudi Arabian fields where few new finds have been made, yet reserves have doubled while the fields have been exploited mercilessly for 50 years.
Not only can the doom and gloomers not show us running out of the natural resources we recycle, but now there appears to be good odds of a limitless supply of petroleum working its way up to where we can capture it. << |
