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The Fossil-fuel bonanza makes peak oil theorists look ridiculous. Plenty of Oil right here.
Financial Post ^ | 04/10/2011 | Peter Foster

Posted on 04/10/2011 6:10:10 PM PDT by SeekAndFind

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1 posted on 04/10/2011 6:10:12 PM PDT by SeekAndFind
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To: SeekAndFind

There has been a dearth of Peak Oil posters to kick around lately


2 posted on 04/10/2011 6:12:17 PM PDT by Balding_Eagle (Overproduction, one of the top five worries of the American Farmer each and every year..)
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To: SeekAndFind

Oil, gas, coal, hydro. We’re energy rich beyond the world’s wildest dreams.


3 posted on 04/10/2011 6:13:09 PM PDT by cripplecreek (Remember the River Raisin! (look it up))
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To: SeekAndFind
Peak oil now is the amount our bottle neck governemnt will allow to be processed. We have the most fossil fuel in the world and the most repressive energy regime we have ever had.
4 posted on 04/10/2011 6:17:26 PM PDT by mountainlion (America land of the free because of the Brave.)
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To: SeekAndFind

“peak oil” hysteria is really nothing new.

In one of Reagan’s radio addresses in the late 70’s, published in “Reagan in his own hand” he discusses how in previous years dating back to the beginning of the 20th century, forecasts were made about the imminent exhaustion of earth’s oil supply.


5 posted on 04/10/2011 6:19:24 PM PDT by I_Like_Spam
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To: cripplecreek
And why people aren't raising 3 kinds of hell when they go to the pump right now, I do not understand.
Have we they really gotten that stupid?
6 posted on 04/10/2011 6:20:38 PM PDT by The Cajun (Palin, Bachmann, Free Republic, Mark Levin, Rush, Hannity......Nuff said.)
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To: mountainlion

Us has wolds largest energy resources

http://www.energytribune.com/articles.cfm/6933/US-Has-Earths-Largest-Energy-Resources


7 posted on 04/10/2011 6:23:34 PM PDT by mountainlion (America land of the free because of the Brave.)
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To: The Cajun
"But when a long train of abuses and usurpations, pursuing invariably the same Object evinces a design to reduce them under absolute Despotism, it is their right, it is their duty, to throw off such Government, and to provide new Guards for their future security."
8 posted on 04/10/2011 6:26:01 PM PDT by DTogo (High time to bring back the Sons of Liberty !!)
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To: The Cajun
Our known onshore natural gas reserves.

Image Hosted by ImageShack.us

You'd never know that Michigan sits on top of the second largest shale gas basins in the country.
9 posted on 04/10/2011 6:26:01 PM PDT by cripplecreek (Remember the River Raisin! (look it up))
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To: The Cajun

I discretely tape nobama’s picture on the pumps I use. Itr is the least I can do.


10 posted on 04/10/2011 6:35:26 PM PDT by hal ogen (1st amendment or reeducation camp?)
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To: SeekAndFind
There have been two huge, hysterical, leftist scams going on for more than thirty years. One is, of course, the global warming scam, and the other has been the not as blown up "peak oil" or "peak energy" scam. Both have been pushed hard by Big Media for obvious reasons. Number one is to take down the U.S. The existence of a powerful, capitalist country makes their plan to Marxize the world a lot harder.

Number two is to keep the poor people of the world poor. They certainly don't want presently impoverished countries to realize that Marxism is the surest way to remain impoverished and capitalism the quickest way (India, China) to get out of it. By keeping super-poor countries perpetually poor, they have sticks to beat the U.S. and other capitalist western countries with. In short, the impoverished countries give the leftists a reason to exist.

11 posted on 04/10/2011 6:41:33 PM PDT by driftless2 (For long-term happiness, learn how to play the accordion.)
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To: cripplecreek

On top of all the NG plays on your map there is the latest...

Will the Utica Shale Surpass the Barnett and Marcellus?

The Barnett and Marcellus shale plays are justifiably regarded as world class resources for natural gas and are becoming recognized for their great gas liquids potential. Thus, when industry conversation starts mentioning a North American gassy shale play that could be in the same league or eventually even more impressive than these two proven plays, both industry participants and investors become curious.
The Utica lies beneath a very large geography.
In physical extent, the Utica shale covers a geography about twice as extensive as the Marcellus (and far more extensive than the Barnett). In terms of hydrocarbon resources, no one knows the potential of the play. It is too early in its E&P lifecycle (recall that the first modern well was drilled in the Marcellus by Range Resources only in 2004). Only a few commercial wells have drilled by less than half a dozen companies but even so expectations have risen dramatically.
The Utica lies between 3,000 and 7,000 thousand feet beneath the Marcellus but extends further northwest and much further southwest. It underlies parts of New York, Pennsylvania, Maryland, Virginia, West Virginia, Ohio, Tennessee, Kentucky, Lake Erie, Lake Ontario, Ontario and Quebec. Its depth ranges from about 2 miles deep in parts of Pennsylvania to under 2,000 feet below sea level in parts of Ohio, the Great Lakes and Ontario. It is reportedly even shallower in Quebec.


12 posted on 04/10/2011 6:43:35 PM PDT by Recon Dad (I have never killed a man, but I have read many obituaries with great pleasure)
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To: hal ogen

I really like your idea. “Thanks Obama” signs taped on gas pumps discretely.


13 posted on 04/10/2011 6:50:38 PM PDT by Wildbill22
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To: mountainlion
"Peak oil now is the amount our bottle neck governemnt will allow to be processed."

Great point.

Peak oil always was/is about the limits on American oil production by the the Federal gov't. At first there was a peak in American production partly because more cheaply extracted oil became available overseas -- normal supply & demand stuff -- but it has become clear that these days the only thing preventing truly massive oil production here in America is the Federal Government imposing limits pushed by watermelons and their fellow travellers.

14 posted on 04/10/2011 6:54:42 PM PDT by PENANCE
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To: hal ogen
I discretely tape nobama’s picture on the pumps I use. It is the least I can do.

THAT is a really good idea.

15 posted on 04/10/2011 6:55:59 PM PDT by Finny ("Raise hell. Vote smart." -- Ted Nugent)
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To: hal ogen

LMAO. Awesome idea. I think I’ll steal it.


16 posted on 04/10/2011 6:57:58 PM PDT by PENANCE
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To: cripplecreek

Have several friend that are Pet and NG Engineers. They laugh when the hear someone call oil and gas fossil fuels. One says “there ain’t no fossils in those fuels.”


17 posted on 04/10/2011 7:01:57 PM PDT by cork
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To: cripplecreek
Oil, gas, coal, hydro. We’re energy rich beyond the world’s wildest dreams.

All impeded by envirowhackoism.

18 posted on 04/10/2011 7:28:12 PM PDT by umgud
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To: cripplecreek
So if we leave this toxic gas and oil where it is the next earthquake can rupture it to spew uncontrollably into the enviroment?

DRill Baby Drill!!!

19 posted on 04/10/2011 7:29:00 PM PDT by rawcatslyentist (It is necessary that a person be born of a father who is a citizen; ~Vattel's Law of Nations)
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To: driftless2
the impoverished countries give the leftists a reason to exist.


Only the destitute have anything to gain in socialism/communism.

20 posted on 04/10/2011 7:31:17 PM PDT by rawcatslyentist (It is necessary that a person be born of a father who is a citizen; ~Vattel's Law of Nations)
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