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

Mas You ANZAC what outfit and where did you serve. My dad served in Malasia in the late 40 to mid 50's and did time in Indo Ch. He said the AU chaps were the best.

 

Based at Butterworth AFB, near Penang '64 to 66 and a half, Did an exchange with the Brits for a couple of months in their airport defense operations.... Ye both used different configurations of the 40mm bofors.... Aussy ones were better controlled (pointed - - using electric motors for elevation and traverse) and the Brits used radar/trackball control (slow and difficult) with hydraulic power for traverse and elevation - - potentially quicker but hampered by systems - - f***in stupid trackball.... Chased Cheng Ping in the Malay/Thai border and shot up the occasional infiltration from south during "confrontation"....

 

**** we had a instructor in the SAAF who served at about that time RSM O'Rett. Thaught "AA" evasion. Irish Aussie Huge handlebar moustache seriously huge that thing came arround the corner befor the rest of his bod. Was in Rhodesia dbefor coming to SA

 

I was army, far too vulgar to be seen with the RAAF boys, used to drive a go-kart to the mess and try to skittle all thems that walked (good for 85kmh and wouldn't idle)

 

Venezuelan Reserves & Security Cost of Oil

...I'm cleaning up some older emails and I ran across this from an associate...

I'm doing preliminary work on data for the Venezuelan Heavy Oil Congress next year. We've already talked briefly about Cuba's potential but Venezuela's potential reserves are greater than those controlled by the House of Saud.

I'd bet Venezuelan real reserves of 1.35 to 1.4 trillion barrels, 1,350,000,000,000 to 1,400,000,000,000, recoverable at current costs of under 30.00 a barrel.

Now for the fun part. Current costing is based on what it costs to produce a newly found barrel. That's generally based on Tar sand type production which is around the 60.00+/barrel. The wild card additional cost factor is the security cost per barrel. The security cost in Saudi is carried by the purchaser. You didn't think the US base in Saudi was there to protect the annual high stakes camel race winning pot did you? YES's recent sale of a vessel to Shell for the protection of some of the Nigerian offshore rigs is a tiny example of additional security costs.

There is more than enough history of foreign political interference in Central and South America. Given that history, if you were in Mr Chavez's position, what would you feel would be an appropriate security expenditure? I figure that Pat Robertson's comments added an immediate five bucks a barrel to the security cost side.

Just a note. Official stated reserves for OPEC countries have little to do with actual reserves and more to do with which member at the table had the clout to state a number and therefore have a production quota, without having it challenged by the other members.

I really am curious as to what you think Chavez will add as a security cost factor per barrel.

...and what do you figure we need to add to the security cost of Oil from Iraq now. or when it comes...that is the whole reason we are there

 

Agreed, but I thought the "reason for US presence" was still officially "humanitarian" and for the oil is in "plausible deniability" whilst "collateral damage" reduces the future projected "security costs" - the euphemisms are a bit tedious and are open to wide interpretation..... says he in "innocence" and tongue in cheek?

 

Cuba...self sufficient energywise

...wouldn't this be ironic

Cuba has substantial oil and gas reserves. Repsol and Sherritt as well as other European companies have been involved in a number of joint ventures.
The horizontal drilling programs in the Matanzas-Varadero oil fields are some of the cleanest operations I've ever seen.
Venezuela is supplying Cuba at preferential rates so all is well on that front.
Cuba also has surplus cane supply and is not unacquainted with alcohol production so that option is also open to them.

I think that Cuba will be entirely energy self sufficient if not actually in a surplus position within 5 years .

 

Good on them, more rum to export, and drink whilst enjoying a "havana"....

 

Just drove across the US. Dawdled in the Black Hills - the whole damn state of South Dakota is a tourist trap - but otherwise it was a serious journey.

When I burned 10% ethanol, my mileage dropped from 17-25%. The damn stuff is not only inefficient to produce, but it apparently contaminates gasoline, making it even less efficient than if it was left out of the mix.

(Had a firefly kamikaze the windshield in Pennsylvania. THAT was interesting. Detached firefly butts have an operating window of about two minutes.)

 

if ya squeeze their butts between ya fingers,, and wipe it on ya little brothers nose,,,,they'll last almost 10 minutes,,haha

 

ya the btu pr gallon of fuel is about 2/3 of gasoline
so depending on the mix it should drop your millage accordingly
but
there is an oxygen adding factor that
if your engine is properly compensating for it
should bring that back up some
there is a chip in all cars produced after
some mysterious date
that is supposed to do this
but
its all pretty questionable
in the end
it takes enough grain to make one tank of fuel as would feed some one for a year
I think its 2.8 gallons a bushel
of 95%
but dont quote me on that
so one twelve gallon tank is nearly five bushels
a bushel is about fifty pounds
thats 250 lbs of grain
hmmmmmmmm
great way to drive up the price of grain
any one else ever wonder if its got anything to do with the idea that when all the farmers went bust in the eighties
the huge corperations snagged the land
and now
are making more money on grain than ever
waisting it to produce alcohol that could be more efficiently produced out of
cat tail reads or switch grass
as per norm
we are getting swindled
B

 

well at least we're getting SOMETHING for the money they get NOT to farm,,,,how many billions of taxpayers money goes to farmers that cant FARM? hehe
and grains and corn are not grown for OUR consumption anyways,,over 80% of the grains and corn are grown for livestock feed and alcahol.,,,it has been genetically changed to produce more, not for food,,,,,,,read a vitamin list on it now,, then look at it 50 years ago.

 

Mornin Jim, Heinz, and all other trolls of the dungeon.....Met says westerley at 7kph and 8 deg celsius - some rain coming?, but pleasantly sunny for the present. Calm seas and no boats out yet 7:47 am local....

 

mornin Mas., Beanzy, all else "darksiders",,,98f a few puffy clouds,,,,and just a plain miserable sticky day,,,,,man i love texas,,hehe

 

Afternoon guys

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