[CalConservative]

Hmm - you mean we may not really need millions and millions of years to produce oil and natural gas? That's bad news for OPEC, for sure, and yet another point of contention between the creationists and the evolutionists.

[CalConservative]

**ping**

[Dr Warmoose]

The problem still remains in bringing it up from the ground. It isn't a matter of technology or cost-effectiveness, it is a matter of getting the neo-luddites and their fellow seditionists in political office out of the way.

Arianna falls over her self to tell us how evil, wicked and depraved we are for buying foreign oil, but then tells us how evil, wicked and depraved we are because we wish to obtain oil for ourselves.

It doesn't matter that it will always be around

[staytrue]

It may be that oil comes from a number of sources. It is clear that coal is a fossil fuel since you can see the fossils in the coal. My guess is that most oil is a fossil fuel with some percentage non fossil. It's also clear that natural gas definitely has non fossil sources as some natural gas is high in helium content (which is where we get our helium).

[tubebender]

This theory was discussed on FR some time ago and RUSH has talked about it on his show.

[tubebender]

BTW...oil was over $35 a barrel on Friday. If it holds at that you will see stripper wells reactivated.

[Damagro]

To belive that this is fossil fuel is to believe that there were a huge number of dinosaurs who were very fat

[John H K]

"These are fractured rocks where the basement rock has been uplifted and the adjacent sedimentary rocks [that hold decaying plants and animals] pushed into that space," says USGS research geologist Gregory Ulmishek

Yeah, there are actually quite a few places where there's Precambrian basement rocks on TOP of younger sedimentary rocks...like the Overthrust belt in the Western US.

The problem is the mass media tends to favor the most exciting side of any scientific debate.

[KeyWest]

Probably still need the time for large deposits. I was a fossil believer but no longer. This theory has been around for a while and makes sense. It is the methane that is being transformed into oil, and methane is plentiful everywhere, especially the oceans. The estimates for oil reserves keep going up but methane is even higher. The latest estimate is we will run out of methane in 10,000 years. Oil is either 150 to 250 years, but in the 1950's it was 35 years.

[backhoe]

FYI--

Potential oil supply refill?

The world has more oil not less

The Origin of Methane (and Oil) in the Crust of the Earth
Thomas Gold
U.S.G.S. Professional Paper 1570, The Future of Energy Gases, 1993

PETROLEUM RESERVES EVALUATED WITH MODERN PETROLEUM SCIENCE

Another Washington Post article here

Oil Fields' Free Refill - More oil than we thought (maybe)

[uglybiker]

Bump fer later readin'.

[GOPJ]

PBS's Frontline did a show on caves being formed by rock eating bacteria. Maybe oil is a byproduct of some different rock eating bacteria...

Subterranean heat and pressure, mainstream science says, transformed this organic dreck into coal and oil. Though their theories vary, the upstarts believe instead that wellsprings of oil and gas lie deep within the earth, deeper than most oil companies drill, and that supplies are constantly replenished. "With the White Tiger Field in Vietnam, 90% of the production is coming from basement rock, where there were never any fossils," argues C. Warren Hunt, a geologist in Calgary. "What they've been teaching us in school about oil coming from fossils is wrong."

[GOPJ]

PBS's Frontline did a show on caves being formed by rock eating bacteria. Maybe oil is a byproduct of some different rock eating bacteria...

Subterranean heat and pressure, mainstream science says, transformed this organic dreck into coal and oil. Though their theories vary, the upstarts believe instead that wellsprings of oil and gas lie deep within the earth, deeper than most oil companies drill, and that supplies are constantly replenished. "With the White Tiger Field in Vietnam, 90% of the production is coming from basement rock, where there were never any fossils," argues C. Warren Hunt, a geologist in Calgary. "What they've been teaching us in school about oil coming from fossils is wrong."

[dennisw]

All I have to say is drilling through granite is tough going. It can be done but it takes time and is expensive. Granite comes from volcanoes (lava) while oil is usually found covered by millions of years worth of sedimentary rock.

[GOPJ]

bump

[HoustonCurmudgeon]

Bump for later

[MosesKnows]

That's bad news for OPEC

It is not bad news. The reason it is not bad news is that the "lifting" cost of oil varies consideralbly. Nations who are members of the Organization of Petroleum Exporting Countries can offer oil at a lower lifting cost than virtually any other place on earth.

The other oil reserves will be practical when the cost become competitive or the supply of lower cost crude is threated.

[GOPJ]

bump