Peak Oil Flip-Flop

National Geographic ^ | April 10, 2013 | Bill Chameides

[Dr. Bogus Pachysandra]

“The questions we should be asking ourselves are: Do we want to pull all this stuff out of the ground, and How much is too much before the climate price is too dear to pay for cheap oil?”

Bugger off Bill!

[mountainlion]

There is more oil here than ever imagined before. The amount of fuel in the ground must have doubled since the last time they were talking about peak oil. It looks like they are trying to manipulate market and politics with the new peak oil effort.

[SamuraiScot]

Hubbert’s argument seems like a no-brainer. Oil is a finite natural resource, so there must come a time when oil production peaks and begins to decline.

It seems like a no-brainer most especially if you don't have a brain. How do we know it's a finite natural resource? We don't even know where it comes from. It could be forming all the time, for all we know.

[TArcher]

It looks like they are trying to manipulate market and politics with the new peak oil effort.

Supply + Demand = What?

And lookie who who funds "they":

====================

So, who are these guys at the NRDC? Well, it’s an interesting list.

Natural Resources Defense Council Board of Trustees
Chairman	Frederick A. O. Schwartz, Jr.	Partner, Cravath Swaine & Moore; (a British Law Firm) Former New York City Corporation Counsel (under Mayor Ed Koch)
Executive Director	Frances Beinecke	Co-founder, The New York League of Conservation Voters (with RFK Jr.)
Trustee	Laurance Rockefeller	Private philanthropist; Former Chairman, Rockefeller Brothers Fund; Former chairman, Citizens Advisory Committee on Environmental Quality; Trustee, the Laurance Rockefeller Charitable Trust
Trustee	Thomas A. Troyer	Partner, Caplin & Drysdale; Former Chairman, the Foundation Lawyers’ Group; Former member of the IRS Commissioner’s Advisory Group on Tax-exempt Organizations; (no conflict of interest there?) Board member, the Carnegie Corporation of New York
Pres & Co-founder	John H. Adams	Former Assistant US Attorney (New York)
Vice Chair	Adam Albright	Board member, Redefining Progress; Board Chair, Population Communications International; Program Chair, Conservation International
Vice Chair	Alan Horn	Chairman & Chief Operating Officer, Warner Brothers
Vice Chair	Burks Lapham	Chairman, Concern Inc.; Director, Chesapeake Bay Foundation (a relatively benign group)
Vice Chair	George Woodwell	Founding Director, Woods Hole Research Center; Co-founder, Environmental Defense Fund (they banned DDT, Alar, etc.)
Co-founder & Treas	Richard E. Ayres	Partner, Howrey & Simon; Former Chairman, National Clean Air Coalition
Trustee	Patricia Bauman	Member, Pew Environmental Health Commission; Former Manager, National Institute for Environmental Health Sciences; Co-Director, The Bauman Foundation
Trustee	William Richardson	Former US Secretary of Energy; Former US Ambassador to the United Nations; Former US Congressman (D-NM)
Trustee	Michael Finnegan	Managing Partner, J.P Morgan Securities

 

Is this "Natural Resources" defense, or natural resource SUPPLIERS defense?

Now, let’s look at who gives the NRDC money, shall we?

Top Funders of NRDC
Funder	Total Donated	Comments
		Descriptions in bold are major energy investors
Pew Charitable Trusts	$11,568,000.00	Sunoco money
Blue Moon Fund	$7,818,735.00	This is W. Alton Jones Money (Citgo)
Energy Foundation	$6,965,000.00	Launched by The John D. and Catherine T. MacArthur Foundation, The Pew Charitable Trusts, and The Rockefeller Foundation. The Joyce Mertz-Gilmore Foundation joined as a funding partner in 1996, and The McKnight Foundation joined in 1998. In 1999, The David and Lucile Packard Foundation joined to support two programs: the U.S. Clean Energy Program (now the Climate Program) and the China Sustainable Energy Program. In 2002, the William and Flora Hewlett Foundation joined to support advanced technology transportation and clean energy for the West.
John D. & Catherine T. MacArthur Foundation	$5,636,500.00	Bankers Life and Casualty money (investment portfolio unknown)
U.S. Environmental Protection Agency	$4,681,097.00	Your tax dollars at work subsidizing the interests of whom?
Turner Foundation	$3,795,167.00	CNN, and a lot more
Public Welfare Foundation	$3,500,000.00	Too confounded to determine
Joyce Foundation	$3,309,445.00	Timber Wealth
Charles Stewart Mott Foundation	$3,022,340.00	General Motors
Ford Foundation	$2,733,300.00	Ford
Beinecke Foundation	$2,150,000.00	Major player at Yale.
J. M. Kaplan Fund	$2,057,500.00
William Bingham Foundation	$1,995,000.00
Homeland Foundation	$1,733,000.00
San Francisco Foundation	$1,654,739.00
Rockefeller Brothers Fund	$1,377,510.00	Them again
McKnight Foundation	$1,365,500.00
Robert Sterling Clark Foundation	$1,310,000.00
Geraldine R. Dodge Foundation	$1,310,000.00
Bauman Family Foundation	$1,226,000.00
Nathan Cummings Foundation	$1,220,000.00
Educational Foundation of America	$1,210,000.00
Richard & Rhoda Goldman Fund	$1,205,000.00
Mertz Gilmore Foundation	$1,201,000.00
Carnegie Corporation of New York	$1,200,000.00
Park Foundation	$1,198,010.00
New York Community Trust	$1,186,821.00
Overbrook Foundation	$1,182,585.00
Surdna Foundation	$1,147,000.00
Bullitt Foundation	$1,122,675.00
William & Flora Hewlett Foundation	$1,075,000.00	Note also the participation with the Energy Foundation

Quod erat demonstratum.

Most, if not all of these people at NRDC are energy investors.

=================

http://www.wildergarten.com/wp_pages/articles/nrdc_energy_racketeering.html

(with the usual Kudos to FReeper Carie Okie)

[3Fingas]

If you ever wanted proof positive that liberals are a stupid and unscientific lot all you got to do is dig up all the dire predictions about “Peak-Oil”. These are same people who warned about the impending global ice age in the 70s and then switched global warming in the 90s. Every single prediction they have made has turned out wrong. I would rather take financial advice from the local Arby’s cashier than listen to liberals on any matter of importance.

[mountainlion]

Does the author get paid by the word? We need to burn more oil to get the temperatures back up. The last warm year was 1999 and most would say this has been a very cold year. Peak oil went out the window a decade ago and with the Dakota finds and now new southern states finds peak oil is obsolete.

[RightWingConspirator]

Fifteen years ago I dumped my National Geographic Society membership (after 30 years of being a member) because I could not stomach the man made global warming crap they were feeding their members.

[mountainlion]

Never heard of the NRDC. Opec has been running the oil industry world wide with the help of socialist presidents here. Obama/Salazar shut down oil production on government land and that was only broken up buy the Dakota oil finds and fracing bringing us cheap natural gas which cut off the high priced OPEC oil. Obama doubled the gasoline price by his policies.

[spokeshave]

But now two new reports — “Global Oil Demand Growth — The End is Nigh” by Seth Kleinman et al. of Citigroup and “The End of an Era: The Death of Peak Oil” [pdf] from Robin Wehbé et al. of the Boston Company — argue that something entirely different and rather unprecedented is underway

Two other reports to consider:

1. BP predicts US energy independence by 2030 at: http://www.bp.comextendedsectiongenericarticle.do?categoryId=9048887&contentId=7082549

2. The Green River Formation: World's Largest Oil Shale Deposits

www.thenewamerican.com › Sci/Tech › Energy May 15, 2012 – The Green River Formation of Utah, Wyoming, and Colorado may hold more oil than the rest of the world put together: an estimated three trillion ...

http://energy.usgs.gov/OilGas/UnconventionalOilGas/OilShale.aspx

[TArcher]

>>Obama doubled the gasoline price by his policies.

Don’t forget to factor in the speculative effect of QE1,2,3...{ ad infinitum } Benny Bernankie Inflat-O-bucks.

Physical demand is relatively static - Cyberian demand, being manufactured within the domain of the same jackwagons who funneled all that AAA A$$paper through their systemically corrupt pipeline, not so much.

http://www.google.com/#hl=en&sclient=psy-ab&q=Oil+speculation+site:www.zerohedge.com

[mountainlion]

Supply + Demand = What?

I never saw supply and demand added together before. They are opposing forces and are usually graphed on different axis. Supply goes up, price goes down. Obama cut the local supply to OPEC got a bigger share of the pie. The US people end up giving more money to OPEC.

[TArcher]

>>I never saw supply and demand added together before.

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

And what’s water going to cost after the ground water is all fracked up?

“oops”

[TArcher]

>>We need to burn more oil to get the temperatures back up.

Silly AGWist -- tell that to the Dinosaurs who used to live in the Tropical Gunnison Valley.

http://www.google.com/#hl=en&sclient=psy-ab&q=Gunnison+River+Tropical+Dinosaurs

See Spot.
See Spot Hide.
Where's Spot?

Brrrrr.

[mountainlion]

And what’s water going to cost after the ground water is all fracked up?

“oops”

Our liberal governor here in Colorado drank some fracking fluid at a press convergence so it was not that bad. Frackiong for natural gas has liberated millions of cubic feet of otherwise unaddressable gas dropping the price of natural gas which was a good thing, supply went up and price went down. There have been several water wells fracked around here and no one has complained once.

[TArcher]

The only thing that proves is that Chickenlooper is a liberal Useful Idiot.

Almost as silly as your AGWist assertion that human induced carbon emission can warm the planet.

Try harder.

[mountainlion]

My family has only been in Colorado 150 years so it was not them that killed off the dinosaurs.

The last “hot” year was 1999 and it has cooled much since we have been forced to use less “carbon” to save the world. Someone over did it and were seem to be headed to an ice age quicker because of it.

[TArcher]

“There have been several water wells fracked around here and no one has complained once.”

Not once you say?

---

Hydraulic fracking linked for first time to groundwater pollution
By Mark Jaffe
The Denver Post
Posted: 12/09/2011 01:00:00 AM MST

http://www.denverpost.com/business/ci_19502307

---

“Oops”

Listen, hear that gurgling sound? That’s your credibility circling the toilet bowl.

[curious12]

Not only has the writer bought the whole glo-baloney warming nonsense (and not heard the news a few weeks ago that temps have been flat the last couple of decades), but he apparently didn’t hear of the abiotic oil theory, which mechanisms the Soviet scientists concluded over 60 years ago were the source of oil. Hydrocarbons formed in the upper mantle (far below the 18,000ft depth where organics have been found) that migrate towards the surface. Calcium carbonate, extreme pressure, heat and viola! You’ve got oil!

[TArcher]

Someone over did it and were seem to be headed to an ice age quicker because of it.

There you go with those silly AGW assertions again.