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Peak Standardized Machinery Oil-Fields on Demand is Diminishing

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(@blueskies)
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http://www.rense.com/general73/to9p.htm

Top Saudi Oil
Fields Collapsing?
UrbanSurvival.com
8-6-6

As a reporter, it's always fun when a trusted and reliable source pulls my coat to what's really going on behind the media hype. In this case, it was an article posted at the http://www.energybulletin.net side by Richard Heinberg titled "Middle East as a Crossroads". The paragraph that will drive the US to attack Iran before year's end is this:
At the ASPO conference a well-connected industry insider who wishes not to be directly quoted told me that his own sources inside Saudi Arabia insist that production from Ghawar is now down to less than three million barrels per day, and that the Saudis are maintaining total production at only slowly dwindling levels by producing other fields at maximum rates. This, if true, would be a bombshell: most estimates give production from Ghawar at 5.5 Mb/d.

My source, a highly respected oil industry consultant, goes on to advise me that "If true, it is not unexpected, and it means that the two largest producing fields in the world are crashing. BTW, the Saudi stock market crashed earlier this year because of heavy insider selling by the Saudi royal family. Ghawar + Cantarell crashing means explosive increases in oil prices."

So, if you look at the prospect of $200 oil, the Chinese cutting supply deals with Iran, and the Russians buying them nuclear development materials, it means that Iran (which will be putting out about 5% of the entire world's energy supplies as Cantarell and Ghawar production collapses will become an even more strategic asset. The clock is running on an energy-driven die-off and the neocons and a lot of others know the hour is late and, as energy banker Matthews Simmons has said so many times, the West doesn't have a "Plan B."

Bottom line: If the water-injection to Ghawar is causing it's sudden death right now (as leading researchers like Chip Haynes have been warning of since 2001) then the US is quickly getting into a corner and instead of using what we have lots of (brains) and anticipating the worst case (like a crash alternative energy program) we're trying to take the military solution, ignoring the fact that such tactics use tons of energy and wreck the planet along the way.

http://www.urbansurvival.com/week.htm


 
Posted : 07/08/2006 10:46 am
Kosher Nazi
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One thing is for sure, if you take the first spreadsheet on this link, the Energy Department's publicized production figures:
http://www.eia.doe.gov/emeu/international/oilproduction.html
Divide this by the total world population:
http://www.census.gov/ipc/www/worldpop.html
You see that the max production per person occurred circa 1978.
And then there is the very persuasive Hubbert's Peak analysis:
http://www.hubbertpeak.com/summary.htm

I can't tell if this is a Jew-sponsored fear tactic, an oil company limitation of production or just pure BS. Then you have these 'endless oil supply' proponents. There is no way to tell if any of these people are telling the truth, that I've found. We may just have to wait and see, although anyone with extra money ought to install or at least learn about solar power.
http://www.homepower.com/


 
Posted : 07/08/2006 11:58 am
Kievsky
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Cheap Oil makes for a "push button System," or "White Genocide via Remote Control."

Have you ever noticed that in your daily life you don't meet the flesh and blood anti-White scum that are murdering our Race? They are able to exert their control from deep behind the scenes precisely because of Cheap Oil.

When there is no more Cheap Oil, there won't be "civil rights investigations" of "hate crimes," unless of course it's an attack on the Chosen. The rotting corpses of street niggers and Mex-sickans will line the ditches of the roadways, usually killed by one another. But murder will be as easy as getting away with spitting on the street. The police won't have the resources to deal with crime, without their fueled up Crown Victorias and souped up Ford Tauruses racing to 911.

This will be doubly positive for us. First of all, Whites who think coloreds are wonderful will get victimized. Second, we won't have to take any shit from coloreds any more. The coloreds only think they are so tough because Whites are held back by "hate crime" laws and lopsided prosecution efforts. They are in for a real surprise when Whitey need no longer fear the Long Arm of the Law. The nigs will find they best bunch up together in pure nigger and mud-shark neighborhoods for safety, and the mud-sharks will probably end up on the grill.


Godzilla mit uns!
http://mindweaponsinragnarok.wordpress.com

 
Posted : 07/08/2006 6:15 pm
Itz_molecular
(@itz_molecular)
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Have you ever noticed that in your daily life you don't meet the flesh and blood anti-White scum that are murdering our Race? They are able to exert their control from deep behind the scenes precisely because of Cheap Oil.

You're reading too much into this . the consequences of high priced oil won't provide any great solution .


.
[color="Red"]"sneaky 'GD' Jews are all alike." ......Marge Schott

" I'd rather have a trained monkey working for me than a nigger,"

 
Posted : 07/08/2006 7:38 pm
Kosher Nazi
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It's like lining up the Holohoax deniers on one side of the room and the Holohoax promoters on the other. Because we have a pretty damn good idea the Holohoax is indeed a hoax. And if they lie about that, they are also suspect of lying about WMD, 911, JFK, RFK and a shitload of other stuff.

If you can determine that the people that have laid out the argument for Peak Oil are more credible than those that believe in massive undeveloped oil fields (not undiscovered oil fields), abiotic oil (non-organic), Russian super-deep drilling techniques that restore oilfields to their original volume by going deeper into the crust of the Earth, etc.

The Peak Oil argument is credible, when you examine the lag time from discovery peak to production peak that occurred in the U.S. Based on this, Hubbert simply extrapolated that fact to the entire world and computed the overall Peak Oil point. That time is now. 2006. Oil production worldwide is stagnant in the 84 million barrels per day range. 1978 has never been surpassed as a peak per capita production level.

So, we have two possible avenues of thought here:

A: There is no such thing as Peak Oil, a theory promoted by the Establishment.
B: There is a real strong chance that 2006 is the peak production level of oil for all time, a theory promoted by seemingly credible geological experts.


 
Posted : 07/08/2006 9:31 pm
(@blueskies)
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Crude turns lower on oil demand outlook

Energy Secretary Bodman tempers concerns over BP shutdown

By Mark Cotton, MarketWatch
Last Update: 12:52 PM ET Aug 8, 2006

NEW YORK (MarketWatch) -- Crude prices turned lower Tuesday on a lowered forecast for global oil demand, and on remarks by Energy Secretary Samuel Bodman that there are adequate supplies to make up for the loss of output due to BP's pipeline shutdown in Alaska.

The path of least resistance right now is probably steady to higher based on the fundamental news we got from Alaska this week. We've also had some more tough talk from Iran on its nuclear program," said Jim Wyckoff, analyst at TradingEducation.com.

The Department of Energy said crude output from BP's Prudhoe Bay oilfield will be below normal until January, according to news reports.
We think the bigger 'elephant in the room' is the uncertainty surrounding the Iranian situation. Here, the Iranians seem to be digging in their heels and almost goading the international community into taking action."


 
Posted : 08/08/2006 10:53 am
(@blueskies)
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Turning to petro-dollar countries to fill oil gap. Minus Venenzuela, Iran ect.

Saudi Arabia, Mexico to help fill oil gap

White House: Refineries haven't reported shortages

By William L. Watts, MarketWatch
Last Update: 3:59 PM ET Aug 8, 2006

WASHINGTON (MarketWatch) -- Saudi Arabia and Mexico have both promised to help the United States make up any gaps in oil supply caused by BP's Alaska pipeline shutdown, but there's no sign that U.S. refiners have yet felt a pinch, the White House said on Tuesday.

BP (BP) announced Sunday that it would stop sending oil through the leaking line on Alaska's Prudhoe Bay oil field -- the biggest in the nation -- taking about 400,000 barrels of crude a day off the already tightly-stretched world oil market. See full story.


 
Posted : 08/08/2006 2:54 pm
Itz_molecular
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Turning to petro-dollar countries to fill oil gap. Minus Venenzuela, Iran ect.

Saudi Arabia, Mexico to help fill oil gap

White House: Refineries haven't reported shortages

By William L. Watts, MarketWatch
Last Update: 3:59 PM ET Aug 8, 2006

This is political and economic propaganda ! Both Saudi Arabi and Mexico are pumping full out, both countries have dying oil fields . Cantarel and Ghawar are in decline , Saudi production is falling by as much as 8% per year .

Lies stacked upon lies !


.
[color="Red"]"sneaky 'GD' Jews are all alike." ......Marge Schott

" I'd rather have a trained monkey working for me than a nigger,"

 
Posted : 08/08/2006 9:14 pm
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Bush Says Dependence on Foreign Oil Hurts Growth
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By THE ASSOCIATED PRESS
Published: September 4, 2006
Filed at 2:27 p.m. ET

PINEY POINT, Md. (AP) -- President Bush marked Labor Day on Monday by promising to help keep U.S. workers competitive in global markets and reduce U.S reliance on foreign oil so it doesn't choke U.S. economic expansion. ''Dependence on foreign oil jeopardizes our capacity to grow,'' Bush said in a speech focused on the U.S. economy -- a key issue in November elections that will determine whether the GOP retains control of the House and Senate.

Democrats contend the middle class isn't enjoying the benefits of recent U.S. economic gains. They say sluggish median earnings show paychecks have failed to keep pace with inflation, and they note rising health care and energy costs.

Average prices at the gas pump have eased over the past month from more than $3 for a gallon for unleaded regular gasoline to $2.79. That has given Americans some relief, but Bush warned against continued reliance on oil-producing countries where the United States is unpopular.

''The problem is we get oil from some parts of the world and they simply don't like us,'' Bush said. ''And so the more dependent we are on that type of energy, the less likely it will be that we are able to compete, and so people have good, high-paying jobs.''

Bush said he is working to advance technologies so batteries can power automobiles on short trips and ethanol can replace gasoline. He also renewed his support for nuclear energy.

The president gave his 11-minute holiday address at the Paul Hall Center for Maritime Training and Education, which offers vocational training to members of the Seafarers International Union.

Technology has allowed the union to be more productive, Bush said, and ''technology is going to enable us to become less dependent on oil.''

Rep. Ed Markey, D-Mass., a senior member of the House Energy and Commerce Committee, said Bush didn't mention one proposal aimed at easing U.S. addiction to foreign oil: Upgrading fuel economy standards from levels set in 1975 to reflect nearly 30 years of new technologies.

''President Bush's willful disregard of imposing tough new fuel economy standards is hobbling our national security, our economy and our environment,'' Markey said. ''And proposing nuclear power as an answer to cars, SUVs and trucks burning oil shows that the president isn't serious about our dangerous Middle East oil dependence.''

Bush also urged Congress to make permanent a host of tax cuts. And he thanked America's fighting men and women for their sacrifices and said, ''They may hear all the political discourse going on, but the people of this country -- the people of the United States of America -- stand squarely behind the men and women who wear our uniform.''

Before his outdoor remarks, Bush spent time ''steering'' a U.S. Coast Guard cutter in a simulation room where he was surrounded by video screens offering him a panoramic view of the harbor in Baltimore and gurgling sounds of water.

''Just make sure I don't run into the wall,'' he joked.

-------------

These are very serious considerations. 'Energy Independence' is doable. I don't think the current ruling powers in Amerikwa are willing to pay the price to attain it, or will be willing once the real price tag comes into view. They will prefer the alternative of further overseas war,...read more http://rebelarmy.com/forums/showthread.php?t=96


 
Posted : 04/09/2006 11:57 am
Itz_molecular
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Bush Says Dependence on Foreign Oil Hurts Growth

Wow , that is really profound. Along with water is wet, the sky is blue and fire burns . I can't wait for his next profound revelation ..... but don't wake me .


.
[color="Red"]"sneaky 'GD' Jews are all alike." ......Marge Schott

" I'd rather have a trained monkey working for me than a nigger,"

 
Posted : 04/09/2006 1:07 pm
Itz_molecular
(@itz_molecular)
Posts: 2746
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Bush Says Dependence on Foreign Oil Hurts Growth

Wow , that is really profound. Along with water is wet, the sky is blue and fire burns . I can't wait for his next profound revelation ..... but don't wake me .


.
[color="Red"]"sneaky 'GD' Jews are all alike." ......Marge Schott

" I'd rather have a trained monkey working for me than a nigger,"

 
Posted : 04/09/2006 1:09 pm
(@blueskies)
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With non-OPEC oil production reaching a plateau and frontier resources not viable, ExxonMobil proposes that increased demand be met in two ways. The first is greater fuel efficiency. (That alone should convey the seriousness of this report: When have you ever heard a petroleum company make a plea for vehicles that use less gas?) New cars in the United States are expected to go 38 miles on a gallon of gas in 2030, instead of the current value of 21 miles per gallon. This goal is actually quite modest, as new cars sold in Europe since 2003 already achieve 35 miles per gallon.

The other way ExxonMobil believes demand will be satisfied is from vastly and rapidly increased OPEC production: "After 2010, the call on OPEC increases quickly, requiring OPEC to add more than 1 MBD [million barrels per day] of capacity every year," notes the Outlook. "OPEC's resources are large enough to achieve this rate of expansion, and we expect that investments will be made in a timely manner."

This assessment is somewhat ominous. OPEC has not expanded production capacity much at all recently. Moreover, such production increases are only possible from Iraq, Saudi Arabia, Kuwait, and the United Arab Emirates. For these countries, and indeed for most OPEC members, petroleum and petroleum products are their only significant export. As such, they have a vested interest in obtaining the best possible price for their non-renewable resources. OPEC nations would be quite unlikely to increase production as rapidly as needed unless compelled to do so. To put this shortfall in perspective, in 2003 Algeria produced 1.1 million barrels per day; a new Algeria would need to be brought on line in the Persian Gulf each and every year beyond 2010 just to keep up with the projected increase in demand. Consequently, once non-OPEC production reaches a peak, conventional world oil production could peak shortly thereafter, and prices (never explicitly mentioned in the Outlook) would rise in accordance with the laws of supply and demand.

What all this means is that the petroleum industry is approaching a turning point. Conventional petroleum production will soon -- perhaps in five years, ten at best -- no longer be able to satisfy demand.

http://www.eia.doe.gov/emeu/25opec/sld003.htm


 
Posted : 07/10/2006 8:34 am
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