Drillers - School Is In Session

Discussion in 'Energy' started by wihosa, Aug 21, 2008.

  1. wihosa
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    wihosa VIP Member

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    So, you believe in drilling.

    OK, here's what drilling will get us, now try to pay attention, this is according to the "World Fact Book" written by the CIA.

    US proven oil reserves are 21.76 billion barrels.
    US daily consumption is 20.73 million barrels a day.(2004 numbers)
    Of that the US Imports about 60% or 12.41 million barrels a day.(T.Boone says its almost 70%)
    So if we exploited all proven reserves tomorrow (an impossability) we could be free of imported oil for about 4.8 years after which we would have no oil reserves and would be importing 100% of our oil. Even if we explored under every square foot of America and could somehow double our national reserves (very doubtful) that would only give us less than ten years at which point we would be entirely dependent on imported oil and without any reserves.

    Finally, what makes you think that if we did exploit our reserves that America would get any of that oil? It wouldn't belong to America, it would belong to the multi national oil corps. who will simply sell it to the highest bidder, China, India, whoever.
     
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  2. Annie
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    Annie Diamond Member

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    'Snake Oil' - washingtonpost.com

     
  3. Bern80
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    Bern80 Gold Member

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    This is fairly deceiving. Because if one assumes technology will improve the areas of windpower, solar power and non-gas cars one must assume that technology will also improve in areas of oil refining, exploration and drilling.

    Based on that it is estimated that in the U.S. and offshore there are 250 billion barrels of 'potentially recoverable' oil. This doesn't count shale oil which is being researched to the extent in can be used as fuel. Oil shale in the U.S. is estimated at 2,175 gigabarrels

    The problem with this discussion is on both sides probably. The potential of all that oil may be overrated. But so is probably your belief in wind and solar.
     
    Last edited: Aug 21, 2008
  4. wihosa
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    wihosa VIP Member

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    Based on whose estimate? Where did you get that figure (250 billion bbl)?

    As for oil shale, this is another decption. The cost of refining oil shale even at today's sky high prices of oil makes it economically infeasible, not to mention that in order to exploit oil shale you have to strip mine. There is no more ecologically damaging mining than strip mining.
     
  5. Bern80
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    Bern80 Gold Member

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    That cost of wind turbines and tranporting the energy currently also makes them unfeasable

    This is where I came up with the numbers.

    Oil reserves - Wikipedia, the free encyclopedia
     
  6. Denny Crane
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    Denny Crane Obama/Biden

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    Do you have a source for that comment? It seems that Maine is crawling with energy investment groups looking to put wind turbines all across our state. In one area of northern Maine they are currently negotiating to put 400 of them up.
     
  7. wihosa
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    wihosa VIP Member

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    Going to half to be more specific, I looked but found no mention of 250 bil bbl.

    Clearly you need more schooling.

    The oil companies want to keep us dependent on their oil because that way we have to pay them for fuel. You do realize that the wind is free, don't you? As is sunlight. After installing a wind turbine the cost is very low, basically maintenance (which is minimal since there is only one moving part). Electric generators are as reliable as electric motors. With a conventional power plant you GET to buy oil every day!

    What part of free don't you get?
     
  8. wihosa
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    wihosa VIP Member

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    That's right, wind farms are popping up all over the place, there are a number of them here in Calif.

    We do need investment in transmission lines so that all potential places can produce power.
     
  9. Bern80
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    Bern80 Gold Member

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    What? A company wants to continue to make money? SHOCKER!! If they are so cost effective why does it need to be subsidized? The cost of getting that power to any quantity of people is ridiculous. And no it isn't just setting up wind turbines. They need a back of some type because they are incapable of providing power consistently or reliably. Transporting the actual power is no small feet either because as Sen. Kennedy demonstrated you have a bit of a 'not in my backyard' problem as well.

    Where the numbers came from? It's called math. Go back and do some.
     
  10. wihosa
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    wihosa VIP Member

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    Your getting raped and you like it.

    No, oil companies have us over a barrel and they don't want to lose their gravy train, luckily they have fools like you to stick up for them.

    Your 250 bil bbl is 250 bil barrels of BS.

    I gave you the exact figures from the CIA's web site and you give "some estimate" and say "do some math". Math is not the problem, your making stuff up is.
     

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