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Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?

To: schrodingers_cat who wrote (72926)	10/7/2006 9:34:54 AM
From: ChanceIs	Read Replies (2) \| Respond to of 206181

>>>However, after 150 years of drilling oil and gas fields, no clear evidence of abiotic oil has ever been found.<<< I am not in the anti abiotic oil camp. I have no opinion on the physics of abiotic oil (don't have the time to perform an adequate personal study). However, I am quite sure that I am correct in relating that 95% of petroleum experts (including my PhD petroleum geologist father-in-law) doubt the theory. Having said all that, I am curious as to what would constitute evidence for the presence or existence of abiotic oil. If the evidence is the refilling of previously abandoned reservoirs, how would one conclude that the refill didn't come from biotic sources. I seem to recall reading that the Soviets were attempting to drill to the center of the earth (figuratively speaking) just to understand what was there. Wouldn't someone by now have, on a federally funded research basis, drilled to the abiotic oil??? >>>If the abiotic oil theory were true, it would make no difference to the case for peak oil. New oil and gas are formed too slowly to replace what is being produced.<<< Agreed. We can talk about the physics of the source of oil until the cows come home. One doesn't need to understand how the oil got there to know that regardless of source, it isn't getting replenished quickly enough (if at all) to make any difference relative to current world consumption rates.