Peak Oil Flip-Flop

National Geographic ^ | April 10, 2013 | Bill Chameides

[mountainlion]

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

Please notice I was referring to Water Wells. The only problem with fracking water wells is that there may be no increase in water production. This possibility is discussed beforehand and is spelled out in the contract. There have been no problems with fracking water wells in my little community.

OOPS

[TArcher]

“Water fouled with fracking chemicals spews near Windsor”
By Mark Jaffe
The Denver Post
Posted: 12/09/2011 01:00:00 AM MST
Updated: 12/09/2011 09:03:24 AM MST
“..PDC has reported two other spills near Greeley in the past few weeks. Both contaminated groundwater, according to a state database of spills...”
http://www.denverpost.com/environment/ci_22586154/water-fouled-fracking-chemicals-spews-near-windsor

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“Ooops”
{ gurgle, gurgle }

[mountainlion]

Those spills were a very long way form me and several mountains in the way also. I don;t expect they could possibly affect my ground water. If Chickenpooper drank some fracking fluid it can't be dangerous.

[TArcher]

Evidently the Windsorites experience with fracking differs from that in your “little community”.

Tell us again about how Anthropomorphic effects upon climate are responsible for the new ice age in your “little community”.

That was pretty funny.

[TArcher]

>>If Chickenpooper drank some fracking fluid it can’t be dangerous.

How do you know it was fracking fluid and not koolaid imported from Californistan?

[TalBlack]

” The economic recovery, while tepid, is underway.”

Right,roger that. Underway. Cool.

[mountainlion]

That is the most dangerous problem with fracking in that the Kalifornica kool aid in now infecting Colorado in manor way.

[TArcher]

It’s certainly not the conservative state I grew up in anymore.

How do you know it was Fracking Fluid?

Do you believe everything the libtar(D)s with their snout in the state’s bureaucratic trough tell you?

[WVKayaker]

That’s your credibility circling the toilet bowl.

Your "credibility" is linked to a speculative newspaper article? Agenda related, maybe?

From the article you linked..:

... About 90 percent of U.S. wells, and almost all in Colorado, are hydrofractured or fracked by forcing a mixture of water, sand and trace chemicals into a well to crack rock and release oil and gas. Industry executives and state regulators, including Colorado regulators, have said there were no documented cases of fracking directly polluting groundwater....

The EPA study "gives a probability, not a conclusion, said Douglas Hock, a spokesman for Calgary-based Encana Corp., the operator in the Pavillion field.

The origin of the chemicals is still not certain, Hock said....

[SierraWasp]

"(with the usual Kudos to FReeper Carie Okie)"

How can one tell if your "kudos" are legitimate when you mis-spell the FReepername of the one you claim to attribute all this beautiful posted info???

[mountainlion]

I grew up outside of Boulder. To tell if a liberal/communist is lying check to see if his lips are moving.

[Iron Munro]

“Oil is a finite natural resource,”

And just where is there the slightest bit of proof that oil is any more finite than light from the sun?

Do “Peak-Oil” proponents still believe in the hypotheses of liquified dinasaurs or quadrillions of tillions of tons of minute organisms all collecting in the same place in some life ending but unexplained prehistoric die-off?

[TArcher]

>>Agenda related, maybe?

As opposed to the (not)agenda-driven resting of the credibility of one’s “little community” upon a sandy claim by the (D)imowit governor that he drank Fracking Fluid. Uhuh.

When does Governor Chickenlooper plan on having Fracking Fluid on tap at the Wynkoop brewery?

[TArcher]

>>To tell if a liberal/communist is lying check to see
>>if his lips are moving.

Were governor Chickenlooper’s lips mooving when he drank the fracking fluid?

Observe the recent record of the kleptocrats attached to the “green” energy bidness in Colorado:

http://www.google.com/#hl=en&sclient=psy-ab&q=pat+stryker+abound+solar+fraud

I wonder if they’d drink Fracking Fluid was well if it was on tap down at the Wynkoop?

[mountainlion]

Chickenpooper’s tong must have been moving to so that is close to a lie. Saw a sigh on a urinal, “Flush twice as it is a long way to Coors”.

[RobbyS]

Indeed. Does the term “rock-oil” not suggest something? They have been talking about this question since Col. Drake’s time.

[JDoutrider]

mark

[Teacher317]

There are more known reserves today than at any time in history. Guess we haven't hit the Peak yet.

And with technology improving, there will always be more that we can find, develop, or make economically viable (eg oil sands).

It's a nice little logic game, but the Peak Oil idea fails to hint at the potential fact that we may not yet have discovered even 0.001% of what exists at this moment. We certainly haven't worried about Peak Gold or any other mineral that has been eagerly taken from the ground for thousands of years... and yet somehow, because we MAY have found almost half of what we can use, we should immediately work to abandon the trillions of dollars of wealth we have under the ground. Idiotic. Use it now while it has utility... or else we abandon trillions of dollars for NOTHING.

[TArcher]

“State regulators say at least 84,000 gallons of water contaminated with oil and chemicals used in hydraulic fracturing spilled from a broken well-head in a field about 4 miles north of Windsor.”
http://www.denverpost.com/environment/ci_22586154/water-fouled-fracking-chemicals-spews-near-windsor

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Please point out the above facts that are “speculative”?

[DarkWaters]

Peak oil is based on the liquid recovery kind not the solid mining type which by the way requires far more energy to extract than the former, hence the need for higher prices. Because of the this, peak oil attributed to Hubbard, really means end of cheap oil. Second peak oil is based on known production curve not supply in the ground though the size of the supply in the ground will usually dictate higher flow rates. All oil fields will at some point have a peak flow rate and then fall off. Technology in essence has allowed us to keep the daily production rates from dropping off in the more mature fields but it comes at a draw back. When the production starts to fall off it will do so at a steep rate as opposed to a gentle one. Also what many don't seem to understand that out of the 4,000+ traditional oil field out there, only about 125 of them produce about 40% of the oil(12 of them produce something like 14% of the daily production). If these numbers don't scare you, then you and anyone else do not understand the magnitude of the problem when these fields start to go into decline which some have.

It's a nice little logic game, but the Peak Oil idea fails to hint at the potential fact that we may not yet have discovered even 0.001% of what exists at this moment.

Potential is not reality. If you where correct about the level of discoveries to be made then we wouldn't be drilling for natural gas or going after the more expensive forms of oil. Your reasoning and logic abilities have right there failed. The fact of the matter is that the vast majority of the drilling holes both on land and in the sea come up dry. Further still not all those that are drilled and show some promise are extractable at current cost or even future cost do to technical problems, logistics, and just plain geology(i.e. what size the field has been determined to be). If things where as you say, then we would be hitting black gold on each drill far more than we are, but that is not happening. Those are the facts.

Also, just assuming that you are correct in your assertion, then that would mean that the vast majority of oil deposits are in many, many places, but at the same time they are far smaller pockets, most likely deeper than most we have found to date. Non of which bodes well given the logistical challenges, the cost in drilling that many more holes for far smaller pockets of oil, the cost associated with deeper wells not to mention the technological problems associated with them. All this means the price of oil would have to be far higher to even begin planning and developing technology to extract. I submit that the price will be to high to develop at any cost(save a technological miracle), since our modern civilization is based on cheap energy to survive and given the size of the population at large.

Also, as far as minerals are concerned we have found most of the large deposits. The cheapest to produce, also usually the largest deposits, go into production first since the commodity market can be rather fickle at times. It is as you say, that there are a lot of minerals in the ground and a lot of potential wealth, but like we are finding with oil the newer discoveries are smaller in size and typically more costly to produce due to far lower concentrations per ton of ore.

Finally, reserves is an accounting game. We see how wall street plays it, the oil companies do the same thing especialy since most of them are government owned. Even the private/public companies don't like to talk about the long term prospects since its not good for the future or their stock price. Peak in the liquid oil category has peaked in 2005, the difference so far has been made up with the more unconventional stuff but how long with that go on when the major fields go into decline. It is at that point when real growth stops, and things start to go in reverse and that includes the good manners of the human race which already are on the precipice do to the mismanagement of the command and control economies that have been created by our would be overlords and our apathy toward the cancer of leftist thought that has permeated every corner and foundation of our civilization. Given that, I think it far more likely to see everything unravel due to this than due to the ceiling called peak oil.