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They Died Before the Oil Ran Out
OilPrice.com ^ | 08/16/2010 | Llewellyn King

Posted on 08/17/2010 9:18:08 AM PDT by Faketan

There is an open secret in the oil industry that dare not speak its name: peak oil.

Well, two did speak its name and gained no acclaim for it. One, M. King Hubbert, died years ago. The other and the most controversial, Matthew Simmons, died at his Maine summer home Aug. 8.

The peak oil idea is simple: Oil is a finite commodity, and one day we are going to use up all of it.

Hubbert, a geologist, began speculating on the effects of the gradual decline in worldwide production in the 1950s. He expressed this in a simple graph, which became known as “Hubbert’s pimple.”

He tended to draw the graph freehand, and it looked more like a Rubenesque breast than a pimple. It was so simple that he drew it over and over again to illustrate his points for journalists and politicians. Later, he would draw lines through the pimple to demonstrate where we had been and where we were going, based on the then-known reserves and rate of depletion.

For his scholarship, Hubbert was eased out at Shell Oil Company in 1964. He took a job with the U.S. Geological Survey and continued his speculative research--until he was thrust into national prominence by the oil crisis of the 1970s. Full article at: Peak Oil


TOPICS: Business/Economy; Conspiracy; Miscellaneous
KEYWORDS: conspiracy; doomsdaycult; energy; greenieweenies; hubbert; hyperbole; junkscience; matthewsimmons; meme; oil; peakoil; pseudoscience; socialistslie; troll

1 posted on 08/17/2010 9:18:12 AM PDT by Faketan
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To: Faketan

>> They Died Before the Oil Ran Out

... as will we all. And our children. And their children.

SnakeDoc


2 posted on 08/17/2010 9:20:55 AM PDT by SnakeDoctor ("Shut it down" ... 00:00:03 ... 00:00:02 ... 00:00:01 ... 00:00:00.)
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To: Faketan

‘There is an open secret in the oil industry that dare not speak its name: peak oil. “

Well then we must just stop using it immediately. We wouldn’t want to run out of oil after all. Despite there being 300+ years of supply currently available.

300 years certainly isn’t long enough to develop an alternative. We must kill our economy right the heck now!


3 posted on 08/17/2010 9:24:18 AM PDT by driftdiver (I could eat it raw, but why do that when I have a fire.)
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To: Faketan

“The peak oil idea is simple: Oil is a finite commodity, and one day we are going to use up all of it”

It’s nice when they demonstrate their ignorance early in the article, saving the us the trouble of reading further.

Movin’ on.


4 posted on 08/17/2010 9:24:37 AM PDT by Born to Conserve
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To: Faketan
One of the hypocritical screamings of the left(and some who think they are on the right), Peak Oil. They scream about getting rid of oil and going to "alternate" energy sources, or "renewable" energy sources, but at the same time scream in alarm that we are running out of oil.

One would think that they would gladly see the end of the terrible, carbon polluting, nasty a** oil, wouldn't one? I, for one, hope we never run out and am a firm believer that people will one day wrest control of our country away from all the left wing destroyers and inject common sense back into the USA.

5 posted on 08/17/2010 9:26:22 AM PDT by calex59
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To: Faketan

Must not be a very robust server. The original article won’t load for me.


6 posted on 08/17/2010 9:26:40 AM PDT by Yo-Yo (Is the /sarc tag really necessary?)
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To: Faketan
Wouldn't running out of oil be a good thing that the environmentalists would applaud?

They just can't make up their minds.

7 posted on 08/17/2010 9:27:28 AM PDT by E. Pluribus Unum (The man who speaks to you of sacrifice, speaks of slaves and masters, and intends to be the master.)
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To: Faketan

The world saw there is PLENTY of oil in the deep waters of the ocean. That’s why enviro-nazis such as BO have to ban further exploration. They want everyone to drive a solar-powered edition of the government-produced Volt by 2020.


8 posted on 08/17/2010 9:31:19 AM PDT by kittymyrib
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To: Faketan

What a laugh!

Peak oil? - perhaps a thousand years from now, but such a discussion would fit in better at the Huffington Puffington comPost, or DU.

Texas Cowboy, you left us in an untimely manner, and we do miss you. Are you listening?
.


9 posted on 08/17/2010 9:31:24 AM PDT by editor-surveyor (Obamacare is America's kristallnacht !!)
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To: Faketan

The Earth will be destroyed by an asteroid before it runs out of oil, or before humans can increase the CO2 levels enough to be harmful. The problem is that we will run out of enough people to offset the kooks and lying leftists long before that time. Staying the environmentalist/Marxist course will make life on Earth so intolerable mankind will long for extinction. Our catastrophic end will be a blessing.


10 posted on 08/17/2010 9:32:58 AM PDT by pallis
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To: E. Pluribus Unum

I try to keep an open mind about this and listen to both sides. One thing puzzles me though, and it is this. If oil is constantly produced, why are we not pumping oil out of the old fields in places like Pennsylvania once again. I tend to believe there is quite a bit of oil left, but that it is not as easy to get at as the old reserves. I am not sure I buy into the Russian “Abiotic” theories. If they are true what is the mechanism or process for oil regeneration?


11 posted on 08/17/2010 9:35:01 AM PDT by Hawken54
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To: driftdiver

India and China are busy ramping UP to use gasoline. If it was “doomed” they should just start with the next generation technology.

Nope. This is about getting the United States off of oil because we are too productive and “consume too much of the world’s resources”.


12 posted on 08/17/2010 9:36:57 AM PDT by a fool in paradise (Those who support the construction of the WTC mosque oppose Christian missionaries working abroad.)
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To: Faketan
There must be a dozen uses of “Peak oil”
Peak use
peak production
peak reserves... ...

Salidczar has shut down more oil than was known to exist years ago. When oil appears to run out more will be found and by then there will be no problem with making all we need.

We are suffering form Peak idiots.

13 posted on 08/17/2010 9:37:51 AM PDT by mountainlion (concerned conservative.)
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To: driftdiver

I assert with little knowledge of the oil indistry.
1. There is enought oil to last us thru this cycle of civilization.
Use the Tar sand in Canada and the oil shale in the western united states. There also is oil in clay in the US southeast. Also convert coal, which we have a lot of to hydrocarbons. After all of that is done use the abundant natural gas found in the Marcellus shale deposits. All in all we are prabably good for 1.000 years if we don blow oulselves up or regress to the 14th century by letting the Muslims take over the country/world.
2. Use small nuclear generators to produce electricity for urban areas.
3. Turn some of our smart students loose on the problem in our major universities and see what they come up with.


14 posted on 08/17/2010 9:38:03 AM PDT by Citizen Tom Paine (An old sailor sends)
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To: Faketan
...

In recent months, Simmons became even more controversial. Correctly, he estimated that BP spillage in the Gulf of Mexico was many times what the company had first claimed and was almost spot on. But he also said that BP would be forced into bankruptcy and that a nuclear device was the only way to stop the leak. BP responded by ending its relationship with Simmons’ bank. And Simmons ended his lingering involvement with it, as well.

Simmons was a perfect storm of a man, raging against the myths and self-satisfaction of the oil industry. In his absence, there will be a certain quietude in the petroleum clubs of Houston, Denver and Edmonton, Canada and elsewhere.


Well this last paragraph about requiring a nuclear devise to stop the leak kind of shoots him in the foot. So far, BP isn't bankrupt yet either. Then again, Obama tried.

15 posted on 08/17/2010 9:38:37 AM PDT by nmh (Intelligent people recognize Intelligent Design (God).)
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To: a fool in paradise

They don’t want alternative energy, they want NO energy consumption.


16 posted on 08/17/2010 9:39:10 AM PDT by driftdiver (I could eat it raw, but why do that when I have a fire.)
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To: Born to Conserve

I should have read your reply before skimming the article.


17 posted on 08/17/2010 9:39:32 AM PDT by nmh (Intelligent people recognize Intelligent Design (God).)
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To: Faketan

Abiotic Oil — Reserves Replenished by Process in Earth’s Mantle?
http://freeenergynews.com/Directory/Theory/SustainableOil/


18 posted on 08/17/2010 9:39:56 AM PDT by 2ndDivisionVet (I don't need a newspaper to know the world's been shaved by a drunken barber.)
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To: Hawken54
I restarted two wells in Southern Missouri that had been shut down for 20 years. The new oil was chemically different than the old oil. I suspect that is true in PA but does not get much press. Also the fields in PA tend to be very shallow. That may have something to do with it.
19 posted on 08/17/2010 9:41:25 AM PDT by mad_as_he$$ (Playing by the rules only works if both sides do it!)
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To: Citizen Tom Paine

“I assert with little knowledge of the oil indistry.”

We know all we need to know by looking at the agenda of those pushing for energy taxes and energy control. Anything they say is a lie.


20 posted on 08/17/2010 9:44:50 AM PDT by driftdiver (I could eat it raw, but why do that when I have a fire.)
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To: editor-surveyor
Texas Cowboy, you left us in an untimely manner, and we do miss you.

BTTT

21 posted on 08/17/2010 10:00:57 AM PDT by thackney (life is fragile, handle with prayer)
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To: driftdiver

Question, what will happen first:

Peak oil or Peak Lithium?


22 posted on 08/17/2010 10:03:13 AM PDT by smartyaz
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To: driftdiver

We could cut oil imports and reduce “fossil fuel” use if the liberals would allow us to build nuclear power plants again. Nuclear waste has to be dealt with, true enough. But if you want a proven technology which already exists, which produces no greenhouse gases, nuclear is that technology.

It stuns me sometimes how decisions are made in this country. Because of the accident at Three Mile Island in Pennsylvania, and an idiotic Jane Fonda movie about a nuclear power plant, we haven’t been allowed to build a nuclear plant in this country in 30 years.

Three Mile Island was a serious accident, however, all of the back-up systems worked as they were designed to function. There has not been a spike in cancers or any other health problems in that area. I still remember Jimmy Carter put on rubber hip boots and went inside the reactor to learn what happened. Jimmy has not had any ill health effects from what could have been a dangerous exposure.

Nuclear is just one of various energy sources which will help us in the future. It’s not the only solution but it’s a key part of our energy future, if the liberals allow it.


23 posted on 08/17/2010 10:10:22 AM PDT by Dilbert San Diego
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To: Faketan
There is an open secret in the oil industry that dare not speak its name: peak oil.

There is a myth, pushed by acolytes of the Church of the Hysteric Environmentalism, it's name: Peak Oil.

24 posted on 08/17/2010 10:12:00 AM PDT by MNJohnnie (The problem with Socialism is eventually you run our of other peoples money. Lady Thatcher)
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To: Hawken54
Geological processes, like oil creation, take millennial to effect changes. We started pumping oil out of PA fields about 150 years ago. It would be unreasonable to expect a commercially feasible amount of new oil to be created in that short a time in old oil fields.
25 posted on 08/17/2010 10:15:29 AM PDT by MNJohnnie (The problem with Socialism is eventually you run our of other peoples money. Lady Thatcher)
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To: Dilbert San Diego

‘Because of the accident at Three Mile Island in Pennsylvania, and an idiotic Jane Fonda movie about a nuclear power plant, we haven’t been allowed to build a nuclear plant in this country in 30 years.”

I disagree, we haven’t been able to build a plant because they want energy to be expensive. They don’t want us to have clean energy, that will only add to the problem in their view.

I also disagree that Jimmy hasn’t suffered from his exposure. I mean how can you really tell??

Their plan is to force people to live in cities and make vast tracks of the country into no-mans land. There are already pieces of this in place.


26 posted on 08/17/2010 10:16:51 AM PDT by driftdiver (I could eat it raw, but why do that when I have a fire.)
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To: Hawken54

“I am not sure I buy into the Russian “Abiotic” theories. If they are true what is the mechanism or process for oil regeneration?”

.
What we do know, based on how much oil we’ve already pumped, and the depth at wich oil is usually found, is that the old theory is absolutely nonsense.


27 posted on 08/17/2010 10:27:00 AM PDT by editor-surveyor (Obamacare is America's kristallnacht !!)
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To: Faketan

“Peak Oil” like “Peak Government”

We’ll never hit it.


28 posted on 08/17/2010 10:42:21 AM PDT by rdax
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To: editor-surveyor
and the depth at wich oil is usually found

Do you understand oil is found in sedimentary rock, never igneous rock. And do you understand by definition, sedimentary rock was created by sediment from the surface?

29 posted on 08/17/2010 10:44:54 AM PDT by thackney (life is fragile, handle with prayer)
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To: Faketan

About 10 years ago I recall reading some quotes from an enviro-tard that were very telling, and explain the whole “climate change” hoax.

Basically he clearly admitted the “running out of oil” argument was BS, that we clearly had hundreds of years of oil. But since they wanted to end the use of oil, cars and freedom, it was the approach they had been using. He admitted that since that position was bogus, the oil isn’t running out, the environment and climate would be the new approach.

IOW, because the real agenda is Luddite-like Socialism, any argument will do. And when one hoax is exposed, they will simply retool with another hoax. Hence Peak Oil morphs in Global Cooling which then morphs into Global Warming finally morphing into Climate Change.

And in the time before each new hoax is exposed, a few more freedoms are peeled away. If you look at the last 40 years, this incremental approach has been very successful. Even though we have successfully debunked each hoax, we are still losing the war.


30 posted on 08/17/2010 10:45:25 AM PDT by ChildOfThe60s (If you can remember the 60s, you weren't really there.)
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To: Faketan
The peak oil idea is simple: Oil is a finite commodity, and one day we are going to use up all of it.

This scam started in the early 1920s, after the end of WWI. The oil companies began pushing the idea that America was running out of oil and raised the price to an outrageous level for the time (~$0.25/gal; very high!). That lasted for several months until people finally figured out that we weren't running out of oil. Approximately every 20 years after that, the oil companies would bring it back and raise prices again.

Their best scam was the oil shortage in the 80s when they blamed it all on OPEC holding out on us. What no one knew is that the oil refinery storage tanks were full to overflowing with oil and oil tankers were parked out at sea, over the horizon (so they couldn't be seen) because there was no place to put the oil.

As ANWR and many of the recent huge oilfield discoveries have shown, we have plenty of oil for the foreseeable future. It is endless? Who knows? While I agree that we should bve developing renewable sources (dilithium crystals come to mind) to offset the potential that there really is a finite amount of oil available, we aren't there yet.

31 posted on 08/17/2010 10:52:59 AM PDT by DustyMoment
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To: Faketan
There is no "peak oil".

But I believe there is "peak cheap oil", and we hit that point some years past.

32 posted on 08/17/2010 12:31:41 PM PDT by Notary Sojac (I've been ionized, but I'm okay now.)
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To: Faketan

In the short term, transitioning away from oil as much as possible is a national security issue (i.e. oil is the economic lifeline of our enemies). Actual shortages aren’t a problem in the short term (they will in the long term as the easily-accessed fields are used up, but we’ll have decades to adjust).


33 posted on 08/25/2010 10:57:38 AM PDT by zort
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