Posted on 03/30/2012 7:13:58 PM PDT by the invisib1e hand
"I will closely monitor this situation to assure that the market can continue to accommodate a reduction in purchases of petroleum and petroleum products from Iran," he said in a statement.
(Excerpt) Read more at reuters.com ...
STFU Obama
I thought we got most of our oil from Canada?
Fist: it comes from roter ruters.
second: obama doesn’t have a clue
Third: his teleprompter told him
This is how they justify the increase in oil prices. It’s the sacrifice we must make to apply sanctions on Iran.
He can’t even tamp down gas prices. He expects this to be met with anything other than belly laughs?
As geologist have known for the past couple of decades, “There is no level of consumption that would EVER deplete the petroleum naturally produced by the Earth itself.”
In other words - should every man or woman on the face of the Earth possess a car, heat their houses with petroleum based fuel and all industry be driven exclusively by petroleum we could not run out of the raw oil that is produced internal to our planet.
As geologist have known for the past couple of decades, “There is no level of consumption that would EVER deplete the petroleum naturally produced by the Earth itself.”
In other words - should every man or woman on the face of the Earth possess a car, heat their houses with petroleum based fuel and all industry be driven exclusively by petroleum we could not run out of the raw oil that is produced internal to our planet.
monitor this situation to assure
BWAHAHAHAHAHAHAHA
Yes, because if Obama watches the situation it assures...
BWAHAHAHAHAHA
In other words, the effect that a mosquito has on a Human being, as measured in percentage by weight, is 14,330,347% greater than the effect of the entire population of Humans on the Earth.
Maybe it’s this damn tin foil hat but I keep getting vibes that this is not about stopping Iran.
Don’t know what he’s up to this time but I am 99.9% sure it’s to somehow further hobble the U.S. economy. He has zero interest in stopping Iran.
nowhere. this is bs. It's really an excuse for the entire oil complex to enjoy a "crisis premium" for a while.
It will certainly help obama, sworn enemy to the us oil industry, squeeze it a little or a lot.
He made this statement the DAY AFTER ensuring additional west coast oil remains out of reach for ANOTHER five years!
Is he really that stupid, or just that feculent?
this idea came to him yesterday
Whoops, “Atlantic” oil off limits for another five years.
Don’t know what he’s up to this time but I am 99.9% sure it’s to somehow further hobble the U.S. economy. He has zero interest in stopping Iran.
His goal from day one has been to knock the legs out from under the things that people respect and count on: banking, housing, military, religion, education, jobs.
That's how you change society.
He's nearly done it.
Feculent? Wow! Pretty good; never heard that one before...
feculent |ˈfekyələnt| adjective of or containing dirt, sediment, or waste matter.
Ahh yeah, UN wrist-slap incoming.
I read somewhere, years ago, that if you marked out 3'x 3' boxes, every human on earth could stand in a fraction of Florida.
0bama: I’m watching the situation, focused like a laser, actually!!
No, Canada is the largest single country supplying oil to the US, but it is ~2.2 MMBPD from Canada while we use 16.5 MMBPD of refined product (another 2.2 MMBPD of natural gas liquids for our total petroleum use.
http://www.eia.gov/dnav/pet/pet_move_impcus_a2_nus_epc0_im0_mbblpd_m.htm
http://www.eia.gov/dnav/pet/pet_cons_psup_dc_nus_mbblpd_m.htm
We import about 4 MMBPD from OPEC nationa.
That is funny. If the oil was produced within the earth at the same rate we use it today, going back a few hundred million year, the oil would cover the earth several miles deep.
Thanks the invisib1e hand.
"NOW what would you expect to pay! Bwa! Haw! Haw!"
And, more importantly, the shortfall of oil production that will result from leveling Iran will reduce the worldwide supply — Canada will get more for its product from its US customers, or sell it elsewhere.
Oil evaporates much like water. Does that explanation make sense to your lack of understanding of the deception that the ignorant (and biased) “nay sayers” claim about nature? There are many vapors in our air which exist and nourish plants and the earth itself.
If you pore oil on a field it will at first kill most vegetation. In a year or so you will find the field flourishing as it as never done before because oil is organic and when it breaks down becomes an perfect fertilizer.
I'm a geologist. To put it mildly, that statement is news to me. Or is this like the AGW consensus thingy (I sided with Linus Pauling on that one).
The good news is, the image didn’t appear until I clicked on it as a link.
The bad news is, it worked after that.
Oil evaporates much like water. Does that explanation make sense to your lack of understanding of the deception that the ignorant (and biased) “nay sayers” claim about nature? There are many vapors in our air which exist and nourish plants and the earth itself.
If you pore oil on a field it will at first kill most vegetation. In a year or so you will find the field flourishing as it as never done before because oil is organic and when it breaks down becomes an perfect fertilizer.
How about when oil is broken down with dispersants, lots and lots of dispersant?
Then explain why wells that were pumped completely dry were full to the brim 3 or so decades later (in the greater majority of cases.)
Have you knowledge of abiotic oil? It is found very (Very) deep under the oceans and in some cases under continents (such as is the case of the tar sands in Canada.)
There is so much that those exploring it can’t even estimate how much there is because they find it in unfathomable amounts virtually everywhere they look.
I lost a friend who told me of this in the mid 1980’s. He went down with 5 others in the Amazon Jungle (helicopter) and their bodies were not found for almost 4 years.
I am a geologist and have been working in the oil industry well over three decades. Where are these marvelous wells? Kindly cite examples.
Have you knowledge of abiotic oil?
Yes. It is the scam used to produce investors. Unscrupulous promoters sell over 200% of a prospect, drill a well where there will be no production, and when it does not produce, pocket the difference.
We do our best to police the industry of such scam artists.
It is found very (Very) deep under the oceans and in some cases under continents (such as is the case of the tar sands in Canada.)
The Canadian Tar sands are so deep, they are pit mined at the surface.
Who found abiotic oil very deep beneath the oceans? Where? Do you know how deep very deep beneath the oceans is? What oil rigs are capable of drilling in that part of the ocean?
There is so much that those exploring it can’t even estimate how much there is because they find it in unfathomable amounts virtually everywhere they look.
This must be the best kept secret in the industry--even the industry doesn't know about it.
Most of the components of crude oil does not evaporate. Some of the lighters components will, but the medium and heavy components oxidize first and then breakdown into simpler components, similar to combustion but not as fast.
But that says nothing to the volume of oil that would have to be in the earth to make that claim true.
The Facts - the core of the earth converts carbon, oxygen (etc) via nuclear reaction to produce oil (abiotic as well as anabiotic) in (Pardon the exaggeration) GIGANTIC quanties that there is no way possible to calculate just how much is actually produced.
Well Smokin’ Joe - - you have NO idea how powerful the core of the earth is nor do you have much faith in technology which is finding ways to drill deeper virtually every day.
Give man credit where credit is due and blame where blame is deserved.
British Petrol made a first stab at deep “abiotic” oil and has consequently learned that they much use MUCH MORE Concrete Capping techniques than they originally applied in the Gulf of Mexico.
They also failed to utilize a technique of funnel capture and capture separation which would have resolved everything and produced (MASSIVE) (I repeat “MASSIVE”) quantities of abiotic oil but due to political pressure and their own insecurity they failed to take advantage of their (almost) windfall and good fortune due to bad press and their stumbling over their own feet in trying to cover up their original BOO BOO.
Now what, Obie?
Geeeez. What do I know, I’m just a geologist with over thirty years in the oil patch. Maybe you can give me some links to all this information.
Besides wishful thinking, what is that claim based upon.
In refineries, everday we breakdown crude oil into smaller less complex molecules under heat and pressure. What makes you think this process is magically reversed below ground?
I am sorry but you do not have a clue what you are talking about.
Nuclear reaction are on the atomic level, not molecular. They involve changes in the nucleus of atoms. This changes atoms from one material to another, like uranium into krypton and barium.
Molecular reactions are used to create or breakdown long chain hydrocarbon like those found in crude oil. They involve the exchange of electrons outside the nucleus to create molecular bonds.
They are as different as a nuclear power plant compared to brewery. You are confusing chemistry with nuclear reactions.
By the way, bold and capital letters don't make a wrong assumption more correct. They only give emphasis to your lack of understanding.
Sorry.
You are correct.
Slip of the tongue so to speak.....
I was thinking molecular reactions not sub atomic changes.
The earth (does) modify its raw materials into various molecular products - one major product is oil (or maybe I should specify a range of oils. The majority are heavy molecules we refer to as petroleum and a range (I suppose but only suppose) that a range of medium heavier molecules to even very heavy oils are produced in the process.
My knowledge of chemistry is that most reactions produce a variety of similar molecules and only through filtration can you get a specific molecular structure.
Sorry about the misunderstanding. I think on the atomic level and know (VERY) little about the workings of sub atomic nuances.
In response to your challenge - do you think that the temperatures we can control petroleum refining can ANYWHERE compare to the Temperature / Pressures that occur in the core of the earth.
We are hundreds (even Thousands) of years to be able to attain the conditions found in the core of our planet.
My information comes directly from Petroleum Engineers that warn me that governments do not want this information known otherwise we would have more control over our future and you should be well aware that THEY want to control what we know and expect from our future so that they can control our lives.
Knowledge is power and control of “Knowledge” gives even greater control of the masses.
Most of your statements are quite true but do not underestimate the volume and workings of the mass of the earth of which we live on only a very thin crust.
Brazil and various other countries are becoming aware of abiotic oil. Abiotic simply means that it is produced without the benefit of oxidation.
Normal drilling platforms are not capable of tapping such supplies. Why do you thing British Petroleum made such a mess in the Gulf of Mexico, when they tried to use today’s technology in such deep sea exploration.
At 600°~900°C, oil breaks down. The molecular structure of the heavier, more complex molecules breaks apart into the smaller simpler ones.
You are trying to claim they form together at even hotter temperatures. The properties doesn’t reverse. And even if they did that magic at extremely hot temperatures, we know they break down as they cool towards what we find.
It simply doesn't happen. There are many other reasons this is false. For example, why would oil only be found in sedimentary basis (where lots of material is laid down from the top)? Why does oil exist in multiple layers with impervious caps above each layer if it is coming up from the bottom?
The only basis for you claim is wishful thinking, no science supports and it doesn't not match where oil has actually been found for over a century.
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