A Complete Waste of Space

callmeslick wrote:if you aren't going to listen the geological fact, Pud, why should I mention it. BTW, our largest source of oil is that scary menace.......




......Canada.

Slick, according to Pud, that doesnt matter, as USA has all the refining capacity

Laughing....at yer geological facts, Slick....all I've seen from you is your opinion...... Oil is not being produced in this country, it is being intentionally left in the ground....like money in the bank....and while it's in the ground...it can be used as collateral for other ventures.....Wake up Slick...and Dizzy, go back to sleep....

Old Pudfark sez: " Slick, you need to head to the Gulf....with yer dixie straw.... "

There are already over 100 mosques in New York City.

There is already one 10 blocks from Ground Zero. So why do we need this?

PS: The building this will be in is selling for a bargain price…because a piece of the landing gear from one of the airliners that was crashed into one of the World Trade Center Towers crashed into it and tore it up!

Wullie wrote:There are already over 100 mosques in New York City.

There is already one 10 blocks from Ground Zero. So why do we need this?

PS: The building this will be in is selling for a bargain price…because a piece of the landing gear from one of the airliners that was crashed into one of the World Trade Center Towers crashed into it and tore it up!

for the american muslims and others that live within 10 blocks of ground zero, that wish to use the facilities perhaps?

maybe you are best served by visiting a mosque or muslim community centre and learn a bit







biggest row over a non-issue ive seen in some time

Pudfark wrote:Laughing....at yer geological facts, Slick....all I've seen from you is your opinion...... Oil is not being produced in this country, it is being intentionally left in the ground....like money in the bank....and while it's in the ground...it can be used as collateral for other ventures.....Wake up Slick...and Dizzy, go back to sleep....

Old Pudfark sez: " Slick, you need to head to the Gulf....with yer dixie straw.... "

given your dearth of dealing with facts (or even sense in some cases), it's (almost) amazing you had a LE career

all the wiki entries have source material quoted at bottom of page

http://en.wikipedia.org/wiki/Oil_reserv ... ted_States

Proven oil reserves in the United States are 21 billion barrels (3.3×10^9 m3), excluding the Strategic Petroleum Reserve. The U.S. Department of the Interior estimates the total volume of undiscovered, technically recoverable prospective resources in all areas of the United States, including the Federal Outer Continental Shelf, the 1002 area of the Arctic National Wildlife Refuge, the National Petroleum Reserve–Alaska, and the Bakken Formation, total 134 billion barrels (21.3×10^9 m3) of crude oil. This excludes oil shale reserves, as there is no significant commercial production of oil from oil shale in the United States.


http://en.wikipedia.org/wiki/Strategic_ ... um_Reserve

The current inventory is displayed on the SPR's website. As of August 31, 2009, the current inventory was 724 million barrels (115,100,000 m3). This equates to 34 days of oil at current daily US consumption levels of 21 million barrels a day. At current market prices ($65 a barrel as of Oct '08) the SPR holds over $34.3 billion in sweet crude and approximately $51.2 billion in sour crude (assuming a $15/barrel discount for sulphur content). The total value of the crude in the SPR is approximately $85.5 billion USD. The price paid for the oil is $20.1 billion (an average of $28.42 per barrel).[1]

The United States started the petroleum reserve in 1975 after oil supplies were cut off during the 1973-74 oil embargo, to mitigate future temporary supply disruptions. According to the World Factbook[3], the United States imports a net 12 million barrels (1,900,000 m3) of oil a day (MMbd), so the SPR holds about a 58-day supply. However, the maximum total withdrawal capability from the SPR is only 4.4 million barrels (700,000 m3) per day, making it a 160 + day supply.



http://en.wikipedia.org/wiki/Oil_reserves_in_Canada

Oil reserves in Canada were estimated at 179 billion barrels (28×10^9 m3) in 2007. This figure includes oil sands reserves which are estimated by government regulators to be economically producible at current prices using current technology.[1] According to this figure, Canada's reserves are second only to Saudi Arabia.

Canada has a highly sophisticated energy industry and is both an importer and exporter of oil and refined products. In 2006, in addition to producing 1.2 billion barrels (190×10^6 m3), Canada imported 440 million barrels (70×10^6 m3), consumed 800 million barrels (130×10^6 m3) itself, and exported 840 million barrels (134×10^6 m3) to the U.S.[2] The excess of exports over imports was 400 million barrels (64×10^6 m3). Over 99% of Canadian oil exports are sent to the United States, and Canada is the United States' largest supplier of oil.[5]


Summary of Reserve Data as of 2008

reserves (in billions bbl) production (in millions bbl) reserve life (years)
Saudi 267 / 10.2 / 72
Canada 179 / 3.3 / 149
USA 21 / 7.5 / 8


more info here
http://www.nationmaster.com/graph/ene_o ... l-reserves

Why is he talking about oil reserves?

i think its a texas thing, not much to discuss but oil n steers

thank gawd for ZZ Top, Pantera, Joplin and Holly

Here's one fer ya Dizzy......Why is everybody wanting to drill in the Gulf? Why no oil from Alaska? Why so many "capped" wells in the lower 48? Why no drilling on Federal Land? Why do you "twits" constantly refer to Wikipedia as a government source? Why is Canada not producing more of it's oil....could it be the expense? There is plenty of oil in the U.S. and it ain't being produced, so brain surgeon, tell me why?

nicolas10 wrote:Nobody to dispute my barcounter analysis?

Nic

I already did so, I thought. Rephasing what you meant didn't make the scenario any more plausable. By the way, those tankers have been out there for a while. When the spot price got way off the futures prices, the land-based storage filled up quick, and it was more profitable to hire the supertankers for storage than to expensively transport product at a loss. It's a gamble, IMO, but might pay off. Those folks involved don't need a major crisis to cash in, just a quick spike in spot delivery prices.

Pudfark wrote:Here's one fer ya Dizzy......Why is everybody wanting to drill in the Gulf?

because that is where the most easily(relatively) recoverable crude is.

Why no oil from Alaska?

because of the technical difficulty both of production and transportation

Why so many "capped" wells in the lower 48?

because they no longer produce at a quick enough rate to be economically viable. In other words, it would cost more to get the oil out than one can get for it at current prices.

Why no drilling on Federal Land? Why do you "twits" constantly refer to Wikipedia as a government source? Why is Canada not producing more of it's oil....could it be the expense? There is plenty of oil in the U.S. and it ain't being produced, so brain surgeon, tell me why?

no matter how many times, or how many people tell you, you refuse to believe the truth.....which is:
1. The US has limited potential oil left, and that which we do have mostly requires technology that is
very expensive.
2. Folks who own the rights to much of it are more than happy to wait until more supplies dwindle down,
and go recover it at a profit.
3. The government knows how fast we utilize oil, and no Administration(from either party) is about to
risk future catastrophe by pushing the hastening depletion of what little supply we have left.