Oil production
Forums › General Discussion › Oil production-
My facepalm is so strong with this one. Ok, here's the issue with what you are suggesting we do today. As of now, no alternative energy is anywhere near oil in terms of efficiency. We can't eliminate oil. That would be like paddling out into a lake with a paddle, picking up a reed (a common waterfront plant), tossing the oar and trying to paddle with the reed. We'll stop.
What do we do? Continue using oil and coal uninhibited as better forms of alternative energy are produced. -
North america is rich in oil canada is 6th and mexico is the 10th. The three nations are in the top ten
-
Next time I run over the neighbours cat, but I'm gonna cram it in my fuel tank.
-
Speculation does drive the price of oil, but that speculation is of standard economics: supply and demand. Supply WILL falter, demand WILL rise. Long term, price WILL increase. That's economics.
To bankrupt the Soviets in the 80s, we pushed oil production to full tilt in order to increase supply and lower prices. It worked. Not only did we hit them hard, we hit our own oil producers hard. It was a war of attrition. That's why Texas is dry. No Soviet pipeline through Afghanistan, Ajerbazan is dry, and they couldn't get enough funds through oil sales to fund their economy.
Only now that supply is low and demand is high is it economically viable to squeeze oil out of sand. Sooner or later, we will see supply drop off, prices will spike, and Jet airliners will go electric. 😝
We need to work as hard as we can to cut our dependency on oil. Not just foreign oil... We need cheap, portable, efficient energy to replace the miracle of oil, or our civilization will suffer immensely in the coming decades.
-
Wow. Didn't see this getting this many responses. And I am amazed at the responses. Some are spot on. I believe that we will never truely run out. As it gets harder and harder to extract, the price I other energy sources will become more viable. My job is 100% dependent on oil, but I agree that we should invest in other energy sources. Cool fact: the USA doesn't export a single drop of oil. Even if we produce more than we need, there is a law that forbids crude oil exports. We ship finished product, but not crude. That's why there are 2 prices of oil. West Texas Crude and some British price. I didn't know that untill a few months ago.
-
✯RagnarLoðbrók✯ wrote:
Not of your the guy trying to put a clamp on a flow line leak.I don't miss those days at all.☠Ɗɪϻɪɴɪsʜєʀ☠ wrote:
I don't know about you, but I like food and water. It's a little hard to eat gold and drink oil.destroyer92400 wrote:
True, but when shit hits the fan we'll have gold and Oil. What else does America really need.Only of the US would use their own oil, and not import it from the Middle East...
-
Brent, is it?
-
You guys do know the u.s is one of the biggest food producers in the world right, just look at the Midwest
-
ᎷᎪᏟᏦᎷᎬᏟᎻ ᎪᎠᎠ ᏦᎷ wrote:
What about the oil we took from Iraq ? Does that countWow. Didn't see this getting this many responses. And I am amazed at the responses. Some are spot on. I believe that we will never truely run out. As it gets harder and harder to extract, the price I other energy sources will become more viable. My job is 100% dependent on oil, but I agree that we should invest in other energy sources. Cool fact: the USA doesn't export a single drop of oil. Even if we produce more than we need, there is a law that forbids crude oil exports. We ship finished product, but not crude. That's why there are 2 prices of oil. West Texas Crude and some British price. I didn't know that untill a few months ago.
-
roy o'bengal wrote:
I'm looking out my window now. I see dry edible beans, and corn that will most likely be made into fuel. What do you see?You guys do know the u.s is one of the biggest food producers in the world right, just look at the Midwest
-
✯RagnarLoðbrók✯ wrote:
And what will we trade for the food and water duh. Every other country will want what we have.☠Ɗɪϻɪɴɪsʜєʀ☠ wrote:
I don't know about you, but I like food and water. It's a little hard to eat gold and drink oil.destroyer92400 wrote:
True, but when shit hits the fan we'll have gold and Oil. What else does America really need.Only of the US would use their own oil, and not import it from the Middle East...
-
roy o'bengal wrote:
I think its around 80% of the crops america grows is purely used to feed cattle.You guys do know the u.s is one of the biggest food producers in the world right, just look at the Midwest
And most of the meat in America(Unless Fresh) is illegal in the rest of the world because of the chemicals used to preserve it. -
Mr,Shush wrote:
ᎷᎪᏟᏦᎷᎬᏟᎻ ᎪᎠᎠ ᏦᎷ wrote:
What about the oil we took from Iraq ? Does that countWow. Didn't see this getting this many responses. And I am amazed at the responses. Some are spot on. I believe that we will never truely run out. As it gets harder and harder to extract, the price I other energy sources will become more viable. My job is 100% dependent on oil, but I agree that we should invest in other energy sources. Cool fact: the USA doesn't export a single drop of oil. Even if we produce more than we need, there is a law that forbids crude oil exports. We ship finished product, but not crude. That's why there are 2 prices of oil. West Texas Crude and some British price. I didn't know that untill a few months ago.
Yea. We just loaded it onto tankers and shipped it to Houston. Riiiiight 👍
-
☠Ɗɪϻɪɴɪsʜєʀ☠ wrote:
Yer that's why the Dollar is on a free fall✯RagnarLoðbrók✯ wrote:
And what will we trade for the food and water duh. Every other country will want what we have.☠Ɗɪϻɪɴɪsʜєʀ☠ wrote:
I don't know about you, but I like food and water. It's a little hard to eat gold and drink oil.destroyer92400 wrote:
True, but when shit hits the fan we'll have gold and Oil. What else does America really need.Only of the US would use their own oil, and not import it from the Middle East...
-
Mr,Shush wrote:
The US is stockpiling gold, it stores most of the worlds gold for backing against the US dollar so yes it is why it's on a free fall.☠Ɗɪϻɪɴɪsʜєʀ☠ wrote:
Yer that's why the Dollar is on a free fall✯RagnarLoðbrók✯ wrote:
And what will we trade for the food and water duh. Every other country will want what we have.☠Ɗɪϻɪɴɪsʜєʀ☠ wrote:
I don't know about you, but I like food and water. It's a little hard to eat gold and drink oil.destroyer92400 wrote:
True, but when shit hits the fan we'll have gold and Oil. What else does America really need.Only of the US would use their own oil, and not import it from the Middle East...
-
The US dollar has not been backed by gold for a long time. The dollar took initial steps a away from being backed by gold in the 1930's. The final act completely decoupling the dollar and gold took place in 1971.
-
ᎷᎪᏟᏦᎷᎬᏟᎻ ᎪᎠᎠ ᏦᎷ wrote:
Lol😂Mr,Shush wrote:
ᎷᎪᏟᏦᎷᎬᏟᎻ ᎪᎠᎠ ᏦᎷ wrote:
What about the oil we took from Iraq ? Does that countWow. Didn't see this getting this many responses. And I am amazed at the responses. Some are spot on. I believe that we will never truely run out. As it gets harder and harder to extract, the price I other energy sources will become more viable. My job is 100% dependent on oil, but I agree that we should invest in other energy sources. Cool fact: the USA doesn't export a single drop of oil. Even if we produce more than we need, there is a law that forbids crude oil exports. We ship finished product, but not crude. That's why there are 2 prices of oil. West Texas Crude and some British price. I didn't know that untill a few months ago.
Yea. We just loaded it onto tankers and shipped it to Houston. Riiiiight 👍
-
Its from fracking which hurts the environment and the people living in it also we should just spend the extra cash to use more renewable energy but u can thank the oil corporations
-
〓ＤＥＲＥＬＩＣＴ〓 wrote:
Gotta agree.I am astounded by the levels of ignorance on display in this thread 😱
-
King of Chaos wrote:
But there are but there just more expensive.By the time we come up with something we could run out.Not to mention the fact that people who say oil is good stops people from coming up with better solutions so it will take forever if it ever happens at all.Plus we already caused global warming and that will just increase.My facepalm is so strong with this one. Ok, here's the issue with what you are suggesting we do today. As of now, no alternative energy is anywhere near oil in terms of efficiency. We can't eliminate oil. That would be like paddling out into a lake with a paddle, picking up a reed (a common waterfront plant), tossing the oar and trying to paddle with the reed. We'll stop.
What do we do? Continue using oil and coal uninhibited as better forms of alternative energy are produced. -
✯RagnarLoðbrók✯ wrote:
Genuinely thanking you for enlightening me. I was taught though that the global economy was based on US bonds. Doesn't that mean that the US dollar has to be backed? And if not gold, then what?The US dollar has not been backed by gold for a long time. The dollar took initial steps a away from being backed by gold in the 1930's. The final act completely decoupling the dollar and gold took place in 1971.
-
Victor Antonio wrote:
Fracs don't hurt a thing....Its from fracking which hurts the environment and the people living in it also we should just spend the extra cash to use more renewable energy but u can thank the oil corporations
-
The dollar is a unit of measurement for production. It has no value in itself, and it isn't limited or tangible like gold.
Think of dollars like inches. How many inches long are you? Let's say 2 inches. That's your GDP. If you watch the Batman TV show from the 60s, you will stretch to 3 inches. An extra inch came from nothing tangible. You never have a shortage of inches, you didn't take the inch from someone else, and all we need is for the government to print a ruler long enough to measure you.
You take this ruler to your favorite Tai lady boy lounge, and show it to them at the door as evidence of your production value.
See, a dollar is just a coupon issued to represent how much you produce in the economy. It has no value in itself, nor is it limited. When you work for a dollar, you do not take it from the poor, you create it from nothing.
The evil is that the government gets to make coupons without actual production and spend them, so the real production is lower than what they say it is.
-
When these production coupons are being made and spent without actual production happening, it's just like a fake ruler that says 8 inches when really it's only 3. The value of an inch is now diminished. You can say you are 8 inches all day long, but the Tai lady boys all know your inches are more like centimeters, and will only give you 3 real inches worth of suckee for you. It cost you 8 inches, but you only get 3 inches worth. That's what inflation is.
Tell the government to stop sneaking inches in the back door, and you will not have to work so hard for suckee.
-
😂😭😂 great analogy Brown!
-
★MΛΥΗΞΜ★ wrote:
Know your audience and speak in terms they can relate to for maximum communication success. 😝😂😭😂 great analogy Brown!
-
Brown🎵Note😲 wrote:
Can you use ice cream or say pizza for the rest of us?★MΛΥΗΞΜ★ wrote:
Know your audience and speak in terms they can relate to for maximum communication success. 😝😂😭😂 great analogy Brown!
-
〓ＤＥＲＥＬＩＣＴ〓 wrote:
LolI am astounded by the levels of ignorance on display in this thread 😱
-
Victor Antonio wrote:
Its from fracking which hurts the environment and the people living in it also we should just spend the extra cash to use more renewable energy but u can thank the oil corporations
You realize fracing has been going on for almost 70 years right? The oil we are drilling for right now is in a zone 17,000 feet deep. Would love to hear how injecting sand and water 17,000 feet below the surface has anything to do with your water table at 150 feet.
-
That's like me farting 3 miles away you saying it stinks.
![[][]](https://turfwarsapp.com/img/app/ajax-forbutton.gif)
Purchase Respect Points NEW! · Support · Turf Map · Terms · Privacy
©2021 MeanFreePath LLC