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Gold/Mining/Energy : PEAK OIL - The New Y2K or The Beginning of the Real End? -- Ignore unavailable to you. Want to Upgrade?

To: Tommaso who wrote (1096)	7/28/2006 2:05:46 AM
From: Don Earl	Read Replies (1) \| Respond to of 1183

RE: "It really would be useful if you would post links to support what you say" Okay, start with the first two I posted. When you get done with those try this one: cera.com This site has some graphs of proven reserves since 1950: mwhodges.home.att.net Of interest is the author discounts data from the World Oil Journal, Oil & Gas Journal, BP Review, and the American Petroleum Institute, staking his claim on his home made "technical" chart, which somehow comes up with a number for world reserves in 1980 roughly double that of the 4 professional journals. Stealing a line from gold investors, an oil well might be defined as a hole in the ground with a liar standing next to it. So, how reliable is the data? And, if the data is unreliable, how reliable are those winging it from sourceless estimates off the tops of their heads? Some more tables: radford.edu A Newsday piece on fields refilling in the GOM: educate-yourself.org RE: "Also, you are certainly correct that the people who think oil came from dinosaurs are wrong. If you can find anyone who believes that, however, I would like to know who it is." I'm guessing you're too young to understand the joke. Many years ago one of the oil companies ran a massive ad campaign showing a cartoon dinosaur being stuffed into the gas tank of a car. Poetic license aside, I would never the less urge you to take a walk through the woods to see what happens to anything that dies, and is possessed of substance that may be converted to energy by something living. It all gets used. Nothing goes into the ground. Consider the item in the last link which describes critters that eat oil seeps at such an awesome rate that hardly any of the seeping oil reaches the surface of the water. Is it credible that so much food for various critters was going to waste millions of years ago that it just sat there waiting to be turned into oil over a few eons?