"CRUDE" oil, an absolute must see program !!!

[Boston]

no worries
it was a good opportunity to raise awareness

500 + radioactive uranium mines abandoned along with all the contaminated equipment and millions of tons radioactive tailings
is apparently not a good enough news story for american media
with 15 times the national average of reproductive cancers you would think it would at least get a mention
so it was a good opportunity to speak up

these next few months are pretty dicey in the market
the recovery was borrowed on fictitious money and that loan is running out
fear is that now we are still broke and now owe trillions more than we did the first time

everyone knows that eventually the bandade fix might not hold
whats needed is a fundamental change in corporate control of world markets
its simply not possible to have some nations consuming and some nations producing
the old Russian confederacy did that with member states and look what happened to them

thing is the savings rate is still basically zero
jobs are still disapearing at the rate of 2 ~ 300,000 a month
banks are lending out money with a tea spoon
manufacturing is all but abandoned in this country
service oriented businesses once on the rise are dropping like flies
the only thing driving this hollow recovery is bottom feeding in the housing market
houses in the million dollar range once an easy sell are now going nowhere fast
there is a glut of rentals cause no one can move there properties so rents are dropping and the land barons are also dropping like flies

in my biz Ive seen the competition falter and disappear right and left

this isnt a recovery by any standard and yes
people expect it to bust any moment
the bankers I know are terrified

this so called recovery is teetering on the edge

[masalai]

Australian bourse still seems to be closely linked to the US mood, (US market farts and Australia shits its pants), - I hope it is only that?.... as the feeling I get confirms your view and I am inclined towards masrapido's thoughts on the rest of the world - The problem economies being just USA and England (not sure on Scotland & Ireland?)

[brian eiland]

....It's hard to miss the point of the "Blood for Oil" Web site. It features one poster of an American flag with "Blood for oil?" in white block letters where the stars should be and two dripping red handprints across the stripes. Another shows a photo of President Bush with a thin black line on his upper lip. "Got oil?" the headline asks wryly.

Five years after the United States invaded Iraq, plenty of people believe that the war was waged chiefly to secure U.S. petroleum supplies and to make Iraq safe -- and lucrative -- for the U.S. oil industry.

.......more back at original posting #

The controversial details were all part of the larger strategic picture. "When we first decided on the war, I don't remember oil playing an important part," says Brent Scowcroft, national security adviser under the elder Bush and a critic of the current president's decision to invade.

But that's because concern about oil supplies is part of the architecture of U.S. foreign policy. Scowcroft notes that oil can't be disregarded because Iraq and its neighbors sit on two-thirds of the world's oil reserves. But oil needn't be mentioned either because it's self-evident. War critics might call that the perfect conspiracy.

In a sense, though, all Americans are part of that conspiracy. We have built a society that is profligate with its energy and relies on petroleum that happens to be pooled under some unstable or unfriendly regimes. We have frittered away energy resources with little regard for the strategic consequences. And now it's hard and expensive to change our ways.

Zaab Sethna, a business consultant and former official of the Iraqi National Congress, says that he attended many Pentagon and State Department meetings and never heard postwar oil policy discussed.

But, he says, "Let's not kid ourselves. Iraq is sitting on a very large portion of oil itself and is in a key region of the world. And that makes it important for U.S. security interests. . . .


Visit this video and fast forward to time frame 5:20
http://www.youtube.com/watch?v=BGASfcNTVbM

"The day before yesterday the Iraq Oil Report made the projection that there's a hundred billion barrels for sure, two hundred billion probably and at the outside three hundred billion. That dwarfs Saudi Arabia. I know why Dick Cheney went to Iraq." - Colonel Wilkerson....Colin Powell's chief of staff

I've been saying this since the very beginning...before the war with Iraq. This was Dick Cheney's war to install a friendly government there that was in charge of what use to be the second largest proven reserves in the world. That is now the first largest reserves in the world!!
Brian

[masrapido]

Well said Brian. Libya is another point in case. If it didn't have the oil, no one would give a damn about it. Syria demonstrates that to be true. No oil, let the suckers kill each other.

Democracy...?

What is that...?

Yemen? Bahrein? Who cares about toothless ignorants in skirts and dresses.

I also have serious doubts about osama bin laden. 40 minutes of frenzied and frenetic fighting in a house full of children and women, and only one person was armed.

With a pistol...

Even a "high tech" helicopter fell off the cloud on which it was flying, yet no body to show to the world.

I would think that such a "high" profile person would be way more useful alive, to extract the information about the organisation.

It stinks to the clouds. I think they simply retired him and gave him a new identity.

After all, osama was CIA's top operative for nearly 20 years, fighting the war in Afghanistan for the usa. If anything he trashed out all those muslim "extremists" out for the usa to hunt and kill, as the "democracy" usualy does.

And all for oil, of course. No one gives a sheet about "democracy" and progress. usa leads the world in this disdain.

[erik818]

masrapido,
from a European horizon Egypt, Libya and Tunisia are just across the border. Yemen and Bahrein are far away. US seemed reluctant to intervene in Libya; Europe was pushing the intervention. I sincerely don't believe that oil motivates the European countries to be engaged in Norhtern Africa. We could just as well continue to buy oil from Gadaffi. It's more that we want to be surrounded by peaceful democratic countries with a high standard of living. We don't want trouble around us (and a large portion of the Eurpoean voters don't want refugees).

A country sitting on a major oil reserv is of strategic interrest. It migh be as you say that the oil was a major reason for the US to invade Irak, but I still believe that it would have been cheaper to continue buying the oil from Saddam.

Erik

[troy2000]

Well said Brian. Libya is another point in case. If it didn't have the oil, no one would give a damn about it. Syria demonstrates that to be true. No oil, let the suckers kill each other.

Democracy...?

What is that...?

Yemen? Bahrein? Who cares about toothless ignorants in skirts and dresses.

I also have serious doubts about osama bin laden. 40 minutes of frenzied and frenetic fighting in a house full of children and women, and only one person was armed.

With a pistol...

Even a "high tech" helicopter fell off the cloud on which it was flying, yet no body to show to the world.

I would think that such a "high" profile person would be way more useful alive, to extract the information about the organisation.

It stinks to the clouds. I think they simply retired him and gave him a new identity.

After all, osama was CIA's top operative for nearly 20 years, fighting the war in Afghanistan for the usa. If anything he trashed out all those muslim "extremists" out for the usa to hunt and kill, as the "democracy" usualy does.

And all for oil, of course. No one gives a sheet about "democracy" and progress. usa leads the world in this disdain.

You seem to have some misconceptions -- possibly because you want to misunderstand?

No one has ever claimed there was a 40-minute firefight at the compound. What has been said is that the operation took forty minutes. Big difference.... I would imagine the SEALS spent most of their time turning the place upside down for every hard drive, flash drive, tape, photo and piece of paper they could get their hands on.

Whatever additional useful information could be gotten from bin Laden alive wouldn't have been worth the grief of dealing with keeping him captive.

And despite your paranoid imaginings, bin Laden wasn't even in Afghanistan for twenty years, much less the CIA's 'top operative' there for twenty years. And it was Pakistan's ISI (Inte-Service Intelligence) he was buddies with, not the CIA.

I'm glad I don't live in your world, masrapido. It must be a very scary place with all those American bogiemen hiding in every closet and around every corner, just waiting to jump out and go "Boo!":)

[powerabout]

Everyone seems to forget why the Russians were there and who they were fighting.

When the US took the wrong side in Afghanistan and then went looking for someone on the ground, clearly the Bin Ladens said our brother is out there and the rest is history.
It just took the US a while before they realised they funded the wrong side and hence Osama now elevated on the world stage yet oops now out of control so clearly pressure on Saudi to control him led the family to give him a few million and be banished.

The only reason the US has a history dealing with the Paks is they viewed India as the enemy as they had traditionally dealt with Russia.

Lets no forget who ran security at the enrichment plant in Holland that let a Pakistani run away with everything needed to build a bomb and then sell it to every crooked regime in the world.
I get the feeling the Discovery programs shown out side of the US are different than those shown inside??

[powerabout]

I've been saying this since the very beginning...before the war with Iraq. This was Dick Cheney's war to install a friendly government there that was in charge of what use to be the second largest proven reserves in the world. That is now the first largest reserves in the world!!
Brian
Also Saddam was well on the way to have his and many other of his friends sell oil in Euro's
Now think who had the most to loose if that happend??

[sdowney717]

Also Saddam was well on the way to have his and many other of his friends sell oil in Euro's
Now think who had the most to loose if that happend??

With the NEW FRACKING ROCK SPLITTING natural gas extraction technique we have 10 times as much proven NG as before, maybe MORE THAN THAT EVEN!

There is VERY VERY DEEP OIL. Russians have pulled it up below 40,000 foot deep wells, way below the sedimentary algae oil layers of the ancient past.

My sense is steam super heat pressure and Natural Gas and other hydrocarbons were PRESENT IN THE EARTH AT THE BEGINNING of its forming creation.
This super pressure steam and heat basically creates oil all the time. This oil then seeps and migrates upward into vast underground reservoirs. These reservoirs are then drilled and that is how we get oil. I am NOT saying there is not also algae based oil.
Same thing can be said about the other planets, full of gases and hydrocarbons. Titan is awash in hydrocarbon frozen lakes and liquid hydrocarbon oceans. WHO can say that this is not true and there is so much more oil than imagined?

[sdowney717]

http://www.rense.com/general75/zoil.htm

I dont care to explore the racial comments here. this is just one quick article describing origins of oil.

another similar article.
http://oilgeopolitics.net/Geopolitics___Eurasia/Peak_Oil___Russia/peak_oil___russia.html

http://freeenergynews.com/Directory/Theory/SustainableOil/

etc...
The 'crackpots' who write this stuff know that oil is all GEO POLITICS. And what is taught and communicated is what the teachers believe, the prevailing wisdom of the moment.

[Boston]

even assuming that oil is not a finite resource or that mountains of oil have recently been discovered ( the process of fracking is still highly questionable ) the larger issue is if fossil oil should be our primary source of energy or not, the CO2 issue is the show stopper. We either find a new fuel with a neutral carbon footprint or we set in motion a warming scenario which we simply can't survive.

[brian eiland]

Just recently I read an interesting and informative article in a recent issue of Popular Science (July 2011), The Last Drops

"Oil threatens the environment, destablizes nations, and is in dwindling supply. It also provides 35 percent of the power we use on Earth. Oil won't run our world forever, but as we make the transistion to a greener economy, it will need to run it for at least another few decades. What's the smartest way to bridge the gap?"
http://www.popsci.com/announcements/article/2011-06/july-2011-future-energy

One of the items I found interesting is that for each alternative energy source, he provided an 'energy return' figure....energy returned on energy invested (EROEL)...sort of an efficiency rating. Some of these figures will certainly surprise you.

Another item I want to research to a greater extent is the Thorium-fueled nuclear reactor. The article was quite positive about this reactor technology, and did not appear to present any real detrimental aspects.

Then I looked up this website, the official website for author Paul Roberts.
http://the-end-of-oil.com/ (http://the-end-of-oil.com/)
This should prove real interesting as well

[Boston]

Running on alternative fuels is far less difficult than you might think

http://i29.photobucket.com/albums/c262/bostonpyramidbuilder/DSCN0136.jpg

the deal is that most folks depend on the convenience, of the energy industry. Thus ensuring there preeminence in the market, when in fact numerous alternatives exist and are viable

now




cheers
B

[powerabout]

sure but try to supply 1million bb/day (imported) of that to run the us and you'll soon find there isnt enough

[Frosty]

Oils dropping. Obama wants another term, pull the sheet off the ole Hummer and Boston you can back your Bio fuel truck back in the barn.

Its going up and down in price for one reason,-- trade. Suadi has repeatedly said they will be happy with 60. I cant believe a commodity so powerfull is allowed to be traded in by people powerful enough to manipulate its price for profit while the rest of the world desperate in inflation follows like dumb puppies.

Gold!!!---i dont care its just some shiny stuff you wear round your neck,--Oil NO

No trade --No trade -No trade.

[Boston]

oil fell only because they released the strategic reserve and thats not going to last, that bio diesel will be out of the barn and back on the road by tomorrow ;-)

Power guy there is more than enough of various kinds of alternative fuels to at least run the US diesel fleet on as it sits today. Look into the various alternatives and what you find is that the oil and gas industry has been dragging its feet on these alternatives. Its not that they are not adequate to the task, its just that they are not profitable to the two or three energy giants that are bleeding this country dry and paying off the politicians to do so

Oh and thats not specifically a bio diesel set up, its actually dialed in for WMO but it will process a number of other fuels as well, I run whatever I can get ahold of

[Frosty]

oil fell only because they released the strategic reserve and thats not going to last,

Yes exactly, that does not mean Saudi is reducing, it just means there is a less chance of shortage so its trading value goes down.

High oil price is causing un employment in USA you would think finding a way of stopping its fluctuation and pay a set price to the supplier would be a basic business strategy for a commodity affecting your business that can have such catastrophic results.

Basic business strategy

[Boston]

actually OPEC was unable to agree on increases so they by default maintain the same output. Its not like they aren't able to increase if they wanted to although even if they did we still only have about 30 years left.

High oil price has the economists worried because traditionally when energy costs reach a certain percentage of household expenses there is an adverse reaction in the economy. Its having an effect on employment but not a significant one. Whats causing job loss is our politicians selling out the country to overseas manufactures

http://www.npr.org/templates/story/story.php?storyId=130194257

Democrats are trying to leave Washington by striking a note on jobs and the economy. Toward that end, they brought up a Senate bill Tuesday to tax companies that send jobs overseas and reward those that bring them back; Republicans blocked it.

The deal with jobs in this country has little to do with energy costs, thats just an excuse by the politicians who've sold us out, the real issue is moving manufacturing overseas and blaming it on unions or EPA regulations or whatever. Reality is its bribery of electorate by the corporate oligarchy.

[Frosty]

Bloomberg Tv 3 hours ago,-- Usanians can not afford the fuel to go look for a job -only necessary fuel can be afforded.

Jay Lenno joke last week --cheaper to send expensive flowers for mothers day than
200 dollars gas in the car
Not all Opec members consider the Wests economy infact some would prefer we went to the dogs --we would still need fuel anyway. Beside that not being a good strategy any bad to us in any way shape or form.

[Boston]

my tanks would cost about $110 to fill if I bought at the pump
the big tank $852 if I topped it off
almost $1K in fuel
basically you have a point but most of the folks I know who are looking are doing so on line, they never drive unless they have an interview
which is unfortunately seldom

[Frosty]

In the oil industry of Loyang industrial area of Singapore if you want a job you go door knocking literally. Put your head round the door and ask for a job. working on the premise that you got to be in the right place at the right time.

I often employed on the spot standing in front of a guy, they did'nt have internet in those days but reading letters saying they liked cricket because they knew I was English never worked.

[Boston]

I know what you mean and I'm all kinds of sympathetic to the folks out of work today who work in fields were a more personal touch isn't the general order of the day. Often I can still find work simply by showing up on a job site up in the mountains somewhere and seeing if I know anyone working. I've been in the area long enough that typically I do. Thing is that used to work pretty well. Any more ( last few years for instance ) its been pretty rough. At the moment I've got a dream customer who never bugs me, pays when I ask him to what I ask him to and is thrilled at what I'm doing for him. Apparently several people have failed him in the past over these windows and I'm determined to get it done properly for him. Great guy, just wants some bloody windows that work.

anyway the days of door knocking are over when it comes to the job market

its all internet now son

[powerabout]

In the oil industry of Loyang industrial area of Singapore if you want a job you go door knocking literally. Put your head round the door and ask for a job. working on the premise that you got to be in the right place at the right time.

I often employed on the spot standing in front of a guy, they did'nt have internet in those days but reading letters saying they liked cricket because they knew I was English never worked.

Half the staff in Loyang still cant use the internet or speak Engrish but they can play Cricket

[troy2000]

I know what you mean and I'm all kinds of sympathetic to the folks out of work today who work in fields were a more personal touch isn't the general order of the day. Often I can still find work simply by showing up on a job site up in the mountains somewhere and seeing if I know anyone working. I've been in the area long enough that typically I do. Thing is that used to work pretty well. Any more ( last few years for instance ) its been pretty rough. At the moment I've got a dream customer who never bugs me, pays when I ask him to what I ask him to and is thrilled at what I'm doing for him. Apparently several people have failed him in the past over these windows and I'm determined to get it done properly for him. Great guy, just wants some bloody windows that work.

anyway the days of door knocking are over when it comes to the job market

its all internet now son

I pulled up to a job site in Bel Air, CA one time during my carpentering days, and the contractor walked over to see what I wanted. I told him I was looking for work and he asked, "got a resume?"

That one floored me for a second. Then I pointed at a wooden tote box full of hand tools in my pickup bed and said, "right there."

He looked my tools over for a minute and said, "well... they look used, all right. How much an hour you lookin' for?"

[Boston]

when I was a kid a guy asked me once when I walked up looking for work what I did, being kinda a smart ass I told him I was just another nail monkey. He yelled over at his partner "hey, got a guy here says he's just another nail monkey" his buddy yells back "hire him".

Those days are long over and I'm thrilled not to be framing my way through school again but in a way I miss it. Once upon a time you could just walk up to any job site and find work. Anymore its hard hats and corporate employees.

I was really hoping to get my boat under me on this job I'm on now but its been set back after set back with no end in sight.

[brian eiland]

http://www.rense.com/general75/zoil.htm

I dont care to explore the racial comments here. this is just one quick article describing origins of oil.

another similar article.
http://oilgeopolitics.net/Geopolitics___Eurasia/Peak_Oil___Russia/peak_oil___russia.html

http://freeenergynews.com/Directory/Theory/SustainableOil/

etc...
The 'crackpots' who write this stuff know that oil is all GEO POLITICS. And what is taught and communicated is what the teachers believe, the prevailing wisdom of the moment.
Those were some interesting perspectives you brought to the forum...granted some of them were a little wacky in their written style.

But I do know of the White Tiger oil field off Vietnam (http://money.cnn.com/magazines/fortune/fortune_archive/2003/02/17/337289/index.htm), and it is a reality that remains unexplained in many conventional terms.

Of course THIS REF would have it linked to biological sources.
http://en.wikipedia.org/wiki/B%E1%BA%A1ch_H%E1%BB%95_oil_field

I may have to do some more reading on this subject :?::idea:

[sdowney717]

Those were some interesting perspectives you brought to the forum...granted some of them were a little wacky in their written style.

But I do know of the White Tiger oil field off Vietnam (http://money.cnn.com/magazines/fortune/fortune_archive/2003/02/17/337289/index.htm), and it is a reality that remains unexplained in many conventional terms.

Of course THIS REF would have it linked to biological sources.
http://en.wikipedia.org/wiki/B%E1%BA%A1ch_H%E1%BB%95_oil_field

I may have to do some more reading on this subject :?::idea:

That area is just beginning to be explored. China US and asian countries all reaching to stake regional claims. Could be a lot of oil there. I think there is a lot there.

We will never run out of oil. DARPA is now saying they have figured out how to make significant amounts of algae based oil.
http://www.heatingoil.com/blog/darpa-biofuel-from-algae-could-cost-only-1-per-gallon215/

http://biofuelsdigest.com/bdigest/2010/02/15/darpa-official-says-teams-at-2-per-gallon-algal-fuels-headed-for-1-50-mgy-scale-by-2011/
n Washington, the special assistant for energy at the Defense Advanced Research Projects Agency (DARPA), which has been conducting two algal fuels projects, said that “Darpa has achieved the base goal to date. Oil from algae is projected at $2 per gallon, headed towards $1 per gallon.”

Barbara McQuiston told the Guardian that the General Atomics and SAIC-led projects have been recording harvests at more than 1,000 gallons per acre and predicted that large-scale refining, at the 50 Mgy level, would commence as soon as 2013. DARPA is chasing a US military-based goal of obtaining half its fuel from renewable sources by 2016. In Afghanistan, if you could be able to create jet fuel from indigenous sources and rely on that, you’d not only be able to source energy for the military, but you’d also be able to leave an infrastructure that would be more sustainable,” McQuiston told the Guardian.

I have read predictions on harvest are up to 5000 gallons an acre or more. AND algae love CO2. so combine CO2 from coal fired plants with algae to create oil. Redeems coal somewhat.
Anyone suggesting scare of peak oil on world's future is not telling you the real story. I used to believe in peak oil, but proponents are simply fear mongers trying to gain world power, IMO, influence the UN, Global warming, al gore, etc....., it is all related.

http://en.wikipedia.org/wiki/Algae_fuel
The United States Department of Energy estimates that if algae fuel replaced all the petroleum fuel in the United States, it would require 15,000 square miles (39,000 km2) which is only 0.42% of the U.S. map.[11] This is less than 1⁄7 the area of corn harvested in the United States in 2000.[12] However, these claims remain unrealized, commercially. According to the head of the Algal Biomass Organization algae fuel can reach price parity with oil in 2018 if granted production tax credits.[13]


I read that DARPA is working with the private sector to bring algae oil to everyone.

There is also Annelotech.
http://www.anellotech.com/press.html
which can make gasoline directly from any plant cellulose, wood sawdust, etc... using cheap zeolite catalyst , heat, and pressure.