Oil discoveries dispel "Peak Oil" as myth

Discussion in 'Energy' started by mdn2000, Nov 17, 2010.

  1. watchingfromafar
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    China's latest energy megaprojects show that coal is really on the way out

    Leanna Garfield - May. 9, 2018
    China's latest energy megaprojects show that coal is really on the way out"....To improve the country's air quality, the Chinese government vows to spend at least $360 billion on clean energy projects and create 13 million new renewable energy jobs by 2020.

    China's latest energy megaprojects — two giant solar farms in Anhui, one of which will go online in May — could get the country closer to that goal.

    In late 2017, the country built a massive floating solar farm on top of a former coal mine that had collapsed and flooded.

    This year marks China's fourth anniversary since it started a "war on pollution," and there's reason to believe the country is making headway

    Looking at over 200 monitors throughout China, a new analysis found that Chinese cities have cut concentrations of fine particulates — often considered the deadliest type of pollution — by 32% on average since 2013.

    China is already one of the world's biggest investors in alternative energy sources like solar, wind, and hydropower.

    The two new solar farms signal the slow decline of fossil fuels like coal in China and other countries around the world.

    **China is one of the biggest countries to make a significant move Away from coal. Last year, the country Cancelled 104 new coal plants that were in development across 13 provinces.**

    ***TRUMP'S GREAT PLAIN****
    Nada
    Zero
    Zip
    live for the moment!!​
     
  2. westwall
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    westwall USMB Mod Staff Member Gold Supporting Member Supporting Member

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    Good for them. That way, for once, we get to steal their technology! Win/win!
     
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  3. KissMy
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    KissMy Free Breast Exam

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    Saudi is buying Tesla. They know the end of cheap oil is near with EXPLODING Oil Consumption in China, India & Africa.
     
  4. westwall
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    westwall USMB Mod Staff Member Gold Supporting Member Supporting Member

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    There is now more oil known in reserves underground, than there was for the previous 5 Peak Oil predictions.
     
  5. KissMy
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    Expensive to extract tight oil that cost 10 times more.
    [​IMG]
     
  6. watchingfromafar
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    watchingfromafar VIP Member

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    I would really like to believe this; maybe even as much as you would but then reality steps in and washes away that wet dream.
     
  7. westwall
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    westwall USMB Mod Staff Member Gold Supporting Member Supporting Member

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    You should try doing this thing they call "research". It's AMAZING what you can learn! And that is the problem with peak oilers, you seem to live in this flat earther bubble where technology doesn't exist.

    The World’s Largest Oil Reserves By Country
    Proven oil reserves are those that have a reasonable certainty of being recoverable under existing economic and political conditions, with existing technology.
    The World’s Largest Oil Reserves By Country
     
  8. Manonthestreet
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  9. watchingfromafar
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    North Sea is running too dry to meet target
    Wednesday July 4, 2007
    North Sea is running too dry to meet target

    The real casus belli: peak oil
    Tuesday June 26, 2007
    David Strahan: The real casus belli: peak oil

    Science Panel Finds Fault With Estimates of Coal Supply
    Published: June 21, 2007 Science Panel Finds Fault With Estimates of Coal Supply

    Chevron announces that they now have 11.8 years of oil left at current production levels after aquiring Unocal reserves
    07/08/05
    Foiled Bid Stirs Worry for U.S. Oil

    An Oil Enigma: Production Falls Even as Reserves Rise
    Published: June 12, 2004
    An Oil Enigma: Production Falls Even as Reserves Rise

    "The decline of oil and gas will affect the world population more than climate change"
    https://tinyurl.com/y9vjsms2

    In January 2001, the U.S.
    Department of Energy estimated the world's supply of unexploited oil reserves the world supply of oil will be totally exhausted 35 years from now (June 2003).
    http://members.aol.com/mpwright9/oil.html

    World oil and gas 'running out'
    Thursday, October 2, 2003 Posted: 1245 GMT ( 8:45 PM HKT)
    https://tinyurl.com/y9vjsms2

    The Oil Crunch
    Published: May 7, 2004
    The question, instead, is when the trend in oil prices will turn decisively upward. That upward turn is inevitable as a growing world economy confronts a resource in limited supply. But when will it happen? Maybe it already has.
    The Oil Crunch

    Natural gas markets undergo turbulent transition as domestic production declines
    Tuesday, December 16, 2003
    https://tinyurl.com/ybpe8z7o

    "Texas' oil resource is pretty well picked over,"
    https://tinyurl.com/y7zcarzf

    Oman's Oil Yield Long in Decline, Shell Data Show
    Published: April 8, 2004
    OMAN'S OIL YIELD LONG IN DECLINE, SHELL DATA SHOW

    Half of Texas’s oil wells have dried up in the past 40 years and there are very few new ones.
    https://tinyurl.com/y7zcarzf

    Tight Oil Supply Won't Ease Soon
    Published: May 16, 2004
    Two dollars for a gallon of gas? Get used to it. High fuel prices are here to stay, at least for the near future, because no relief is in sight for tight oil supplies.
    TIGHT OIL SUPPLY WON'T EASE SOON

    The end of the Fossil Fuel era is upon us so what are we going to do next-?
     
  10. westwall
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    westwall USMB Mod Staff Member Gold Supporting Member Supporting Member

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    Really? You rely on ancient information to push your narrative. How about giving us some more recent reports. They tend to blow your alarmism right out of the water.
     

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