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Politics : The Environmentalist Thread -- Ignore unavailable to you. Want to Upgrade?

To: mistermj who wrote (21217)	4/15/2008 4:20:58 AM
From: average joe	Read Replies (1) \| Respond to of 36917

Wharf Rats two "main drivers" are peak oil and climate change and just because neither one exists doesn't make it so. In the future for Wharf Rats sake try and post articles like this one. canada.com Of course anything that mentions Al Gore, the looming DOOM, poor suffering more than rich, sunspots, alien invasions Mexican or Extraterrestrial will suffice. The main thing is gut wrenching knee jerk reactions that Wharf Rat can nod his pointy little chin in approval to.

To: mistermj who wrote (21217)	4/15/2008 8:32:29 AM
From: Wharf Rat	Read Replies (2) \| Respond to of 36917

The Scales are Balanced Posted by Phil Hart on April 14, 2008 - 10:02am in TOD: Australia/New Zealand 2002 Net Change: -934 kb/d 2003 Net Change: +2,279 kb/d 2004 Net Change: +3,065 kb/d 2005 Net Change: 1,294 kb/d 2006 Net Change: -267 kb/d 2007 Net Change: -264kb/d === Russia publishes very transparent and up to date information on their crude oil production here: riatec.ru They have been declining since December, down a little under 3%, with the data up to date through April 12. Based on 2007 annual data, the largest six countries / areas show the following production in (000) barrels per day. Russia__ 9,437 Saudi Arabia__ 8,722 United States__ 5,103 North Sea__ 4,114 Iran__ 3,922 China__ 3,729 At this point, all of these countries/areas are showing signs of possibly being past peak. anz.theoildrum.com

To: mistermj who wrote (21217)	4/15/2008 9:01:18 AM
From: Wharf Rat	Read Replies (4) \| Respond to of 36917

Brazil's Petrobras denies giant oil field discovery + - 16:48, April 15, 2008 Brazil's state-owned oil company Petrobras denied Monday an earlier announcement of the discovery of a gigantic oil and gas field in southeastern Brazil. The salt layer of the second well drilled in block BMS-9 of the announced oil field has not even been reached yet, and the huge field, if it does exist, lies below the salt layer, the company said in a statement. The announcement of the discovery had been made earlier Monday by the director of the government's National Oil and Gas Agency Haroldo Lima. The agency is in charge of regulating the oil and gas sector in the country. The oil field in the Santos Basin in southeastern Brazil appears to be the world's third-largest oil and gas reserve, bearing an estimated volume of 33 billion barrels, Lima said. Petrobras' statement said that the first well drilled in the area in September 2007 has produced promising results, which have been already released to the market and still need to be confirmed by further drillings. The drilling of the second well started on March 22 and has not yet reached the necessary depth to reach the salt layer that lies above the reserve. The layer is two km wide, according to the statement. "The exploitation activity includes the drilling of new wells, long-lasting proofs and new geological studies to ensure the broadness of the discovery, at the end of which the results will be informed to the market," the statement added. The Securities and Exchange Commission of Brazil, which supervises the operation of the stock market in the country, criticized the announcement by the ANP director, which prompted a sudden climb of Petrobras' stocks on the Sao Paulo Stock Exchange (Bovespa). The release of relevant information made by "outsiders" is "harmful" to the market's operation, the commission said. english.people.com.cn