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Thread: Former BP geologist: peak oil is here and it will 'break economies'

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    Hatha Sunahara's Avatar
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    Re: Former BP geologist: peak oil is here and it will 'break economies'

    There is an astronomer named Thomas Gold who wrote a book called The Deep Hot Biosphere. In that book he described how the earth itself produces oil and gas and how it is a dynamic--not a static process. Depleted oil reservoirs refill themselves with oil and gass seeping upward from deepre parts of the crust and mantle of the earth. All it takes is limestone, water and high pressure and temperature.

    The people who want you to believe that oil is running out want nothing more than to enslave you to their monopoly on its supply. Tesla's energy technology would have freed mankind from this monopoly--and as Midnight Rambler says, that's why they deep sixed Tesla's radiant energy technology.


    Hatha
    Cosmic justice is getting what you deserve.

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    Re: Former BP geologist: peak oil is here and it will 'break economies'

    Quote Originally Posted by Hatha Sunahara View Post
    There is an astronomer named Thomas Gold who wrote a book called The Deep Hot Biosphere. In that book he described how the earth itself produces oil and gas and how it is a dynamic--not a static process. Depleted oil reservoirs refill themselves with oil and gass seeping upward from deepre parts of the crust and mantle of the earth. All it takes is limestone, water and high pressure and temperature.

    The people who want you to believe that oil is running out want nothing more than to enslave you to their monopoly on its supply. Tesla's energy technology would have freed mankind from this monopoly--and as Midnight Rambler says, that's why they deep sixed Tesla's radiant energy technology.

    Hatha
    Even if there is abiotic oil, the replenish rate is far lower than the extraction rate. I've sat in management meetings looking at existing decline rates and expected future production when I worked for Transcanada Pipelines (who transport/export Canadian oil and gas on their many pipelines including the proposed keystone pipeline) where upper management was worried about the long term survival of the company due to declining production. Part of their long term strategy was to diversify into electrical power production and oil sands syncrude because they knew long term production was declining in both conventional oil and natural gas.

    All the old fields are declining and the only replacements are in the artic, in the ocean, and other difficult/expensive locales with low rates of return on dollars invested (shale oil, tarsands, etc.).

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