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Author Topic: An interesting site:  (Read 1125 times)

mgod

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An interesting site:
« on: September 29, 2007, 10:52:09 AM »

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mgod

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Re: An interesting site:
« Reply #1 on: October 01, 2007, 06:23:56 PM »

This came from a good friend of mine who was with Royal Dutch Shell from the late 50s to the mid-80s and with Cambridge Energy Associates since then:

"This is their oil report!! Much of it  true!!"

  http://www.angelnexus.com/getreport/9eb9e64e8fb3007ef2c8ec9d 51d14b18.pdf

DS
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danickstr

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Re: An interesting site:
« Reply #2 on: October 03, 2007, 10:41:52 PM »

interesting reading.  I think the saving grace is that there are thousands of the worlds smartest people making a ton of money to predict what is happening with oil reserves.

When they raise the price to 200 bucks a barrel, we will know that things are getting more dire.

Then we will find another way to move our butts around town and save the oil for stuff like making computers and microscopes, etc.  Sure they will cost a bit more, but if the world is only producing 10 million barrels of oil a day in the year 2030, it won't run out if solar or4 electric or fusion energy is doing the heavy lifting.

And coal can be used to extract some of the things (not all) that we currently get from oil.

There is also laboratory synthesis of these oil molecules, which is currently in development and not practical with the current low price of oil.

Fusion energy is not receiving anywhere near the funding and attention that it should, but 2-300 dollar oil will change that, and fast.
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phantom309

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Re: An interesting site:
« Reply #3 on: October 05, 2007, 09:56:37 PM »

mgod wrote on Mon, 01 October 2007 16:23

This came from a good friend of mine who was with Royal Dutch Shell from the late 50s to the mid-80s and with Cambridge Energy Associates since then:

"This is their oil report!! Much of it  true!!"

   http://www.angelnexus.com/getreport/9eb9e64e8fb3007ef2c8ec9d 51d14b18.pdf

DS



Thank you Peter Lougheed.
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