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2009-09-06 Science & Technology
Massive oil finds
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Posted by 3dc 2009-09-06 14:15|| || Front Page|| [8 views ]  Top

#1 With new drilling methods, we are not even close to "Peak Oil". Give another 50-100 years. By then, fusion will be so cheap that oil just isn't worth the cost anymore.
Posted by DarthVader 2009-09-06 14:42||   2009-09-06 14:42|| Front Page Top

#2 What happens when Soodis can no longer bribe western decision makers?
Posted by g(r)omgoru 2009-09-06 14:48||   2009-09-06 14:48|| Front Page Top

#3 I'm of the opinion that the whole concept of "fossil fuels" is complete BS - that old organic matter decays in the ground and turns into hydrocarbons to be as fantastic as unicorns.

I mean, we burn billion of barrels of the stuff every year, right? And we keep finding more? And we keep thinking that we've reached peak oil, then the price collapses?

There has to be some inorganic process going on underground that we don't understand that is making this bountiful supply. It CAN'T be made of just decayed ferns and stegosaurus meat, IMO.
Posted by Mizzou Mafia 2009-09-06 15:40||   2009-09-06 15:40|| Front Page Top

#4 It's not a "giant oil find" as the article states. Ghawar, now, was a "giant oil find."
Posted by Anguper Hupomosing9418 2009-09-06 15:44||   2009-09-06 15:44|| Front Page Top

#5 There has to be some inorganic process going on underground that we don't understand that is making this bountiful supply. It CAN'T be made of just decayed ferns and stegosaurus meat, IMO.

I've heard this too. The response is that crude contains carbon isotopes which are only found in organic sources. Only repeating things here. No idea what is correct.
Posted by Iblis 2009-09-06 15:53||   2009-09-06 15:53|| Front Page Top

#6 There are several Russian scientists that defend abiogenic oil. But probably exists both and the abiogenic source is small.
Posted by Large Snerong7311 2009-09-06 16:06||   2009-09-06 16:06|| Front Page Top

#7 Meanwhile in the Gulf of Mexico an ancient Mexican offshore island has turned up missing. It has been on maps since the 1500s but now can no longer be found. Its would allow Mexico to extend its maritime border some 55 miles further north, helping it to fight off what it sees as American encroachment on its claims to potentially vast oil reserves in the Mexican Gulf. Mexican legislators fighting a rearguard action in favour of the island’s existence have been dealt a blow after a land and air search of the region: a report to the Mexican Congress by the National Autonomous University of Mexico concluded that “the island does not exist”.

Elias Cardenas, chairman of the parliament’s maritime committee, said there were four more possible sites where the island might lie. He called for more studies before Mexico and America formalise the next drilling agreement. “Right now, the big fight is for oil,” he said. He did not believe the United States had bombed the island, as some have suggested.

Others took a different view. “There is no doubt the gringos are behind this,” wrote Marco on a nationalist website. “Let’s not forget that they stole California.”
Posted by Anguper Hupomosing9418 2009-09-06 16:33||   2009-09-06 16:33|| Front Page Top

#8 The USA should incoporate Serranilla Bank into its territory. That would really piss off the Mexicans.
Posted by phil_b 2009-09-06 20:35||   2009-09-06 20:35|| Front Page Top

#9 "He did not believe the United States had bombed the island, as some have suggested.

Others took a different view. "There is no doubt the gringos are behind this," wrote Marco on a nationalist website. "Let's not forget that they stole California.""

These people are insane.
Posted by Barbara Skolaut">Barbara Skolaut  2009-09-06 20:58||   2009-09-06 20:58|| Front Page Top

#10  By then, fusion will be so cheap that oil just isn't worth the cost anymore.

There ALWAYS will be a need for lubrication
whatever you use for fuel
Posted by Redneck Jim 2009-09-06 21:37||   2009-09-06 21:37|| Front Page Top

#11 There ALWAYS will be a need for lubrication

That's why we have whales.
Posted by phil_b 2009-09-06 21:46||   2009-09-06 21:46|| Front Page Top

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