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The Imminent Crash Of The Oil Supply
Inteldaily ^ | APRIL 23, 2010 | Nicholas C. Arguimbau

Posted on 04/24/2010 7:39:48 AM PDT by OregonRancher

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To: woofie

“I get money from natural gas wells ..its getting cheaper and I am getting poorer

natural gas is too abundant .....”

Same here. From thousands to hundreds in just a couple of
years. Keep the faith, the new wells exhaust themselves in
a couple of years, prices will rally within two.


41 posted on 04/24/2010 11:50:37 AM PDT by OregonRancher (Some days, it's not even worth chewing through the restraints)
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To: Dark Fired Tobacco

To Nam, Neutrino and the one or two others that actually think, please read the Hirsch Report on the time frame for
mitigating actions.

Private email exchanges on this subject would be welcome.

dbmcrogue@gmail.com


42 posted on 04/24/2010 11:57:15 AM PDT by OregonRancher (Some days, it's not even worth chewing through the restraints)
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To: screaminsunshine

“I mean there is plenty.”

Sorry took it the wrong way regards.


43 posted on 04/24/2010 12:26:08 PM PDT by Cheetahcat (Zero the Wright kind of Racist! We are in a state of War with Democrats)
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To: dware
25 years ago I was ten years old.

About fourscore and ten years ago I was 4 years old.

Was playing outdoors on a beautiful Oklahoma day. My mother and the next door neighbor were talking, and the neighbor declared that it was such a beautiful day it probably signified the end of the world. My four year old brain mulled that one over and it scared me for a day or two.

And I don't remember any period of time since that hasn't brought crises sufficient unto the end of the world. Hitler, Stalin, WW2, atomic bombs, Cold War, glo-bull warming, asteroids hitting the earth, peak oil, whatever.

I mostly quit worrying after WW2. Much of my skepticism on global warming, peak production and so on stems from the never ending predictions of doom over the roughly 80 years I've been aware of such.

At any point along the way, our proven recoverable reserves have always been sufficient for only about 9 to 20 years. When the price of oil rises sufficiently to make it economic to develop or invent new sources of energy, we will.

44 posted on 04/24/2010 1:01:30 PM PDT by Ole Okie
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To: Ole Okie

Fourscore, not fourscore and ten.


45 posted on 04/24/2010 1:02:31 PM PDT by Ole Okie
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To: OregonRancher; Kansas58
This report is contradicted by a USGS report released 4/10/2008 :

3 to 4.3 Billion Barrels of Technically Recoverable Oil Assessed in North Dakota and Montana’s Bakken Formation—25 Times More Than 1995 Estimate

46 posted on 04/24/2010 1:50:12 PM PDT by PuzzledInTX
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