Guest Posted May 21, 2014 Share Posted May 21, 2014 What we going to do when it all runs out?? Go back to being a peasant country? Quote Link to comment Share on other sites More sharing options...
Moderators Casino Posted May 21, 2014 Moderators Share Posted May 21, 2014 Easily extractable oil is slowly running out however there are huge deposits of shale Oil etc I wouldnt worry about it for another 150 years there you go if young daniel hasn't got owt to worry or come up with a theory about it, we're all fine n dandy Quote Link to comment Share on other sites More sharing options...
Danny G Posted May 21, 2014 Share Posted May 21, 2014 there you go if young daniel hasn't got owt to worry or come up with a theory about it, we're all fine n dandy Yep, the Yanks are sitting on 1.5 trillion barrels of Oil! although its not all economically recoverable using todays technology. Hence the Yanks Invading Iraq to pinch their cheap and easy Oil to tide them over. Quote Link to comment Share on other sites More sharing options...
Moderators Casino Posted May 21, 2014 Moderators Share Posted May 21, 2014 Hence the Yanks Invading Iraq to pinch their cheap and easy Oil to tide them over. you got told off about this bollocks last time young margaret will not be chuffed if he reads this Quote Link to comment Share on other sites More sharing options...
tyldesley_white Posted May 21, 2014 Share Posted May 21, 2014 Yep, the Yanks are sitting on 1.5 trillion barrels of Oil! although its not all economically recoverable using todays technology. Hence the Yanks Invading Iraq to pinch their cheap and easy Oil to tide them over. The first is correct the second is bollocks, the US as only to look over its border to Canada, because they have more than the US as and more than Iraq as too, hard to get at but its their Quote Link to comment Share on other sites More sharing options...
Danny G Posted May 21, 2014 Share Posted May 21, 2014 The first is correct the second is bollocks, the US as only to look over its border to Canada, because they have more than the US as and more than Iraq as too, hard to get at but its their US have more oil locked up in shale than Canada has in their tar sands, just even more difficult to get at than tar oil Hence the huge difference between oil recoverable with todays technology and Oil in place reserve estimates Quote Link to comment Share on other sites More sharing options...
Moderators Casino Posted May 21, 2014 Moderators Share Posted May 21, 2014 this could get interesting tell us about that missing plane, instead Quote Link to comment Share on other sites More sharing options...
Danny G Posted May 21, 2014 Share Posted May 21, 2014 this could get interesting tell us about that missing plane, instead It just disappeared nobody knows where it is or what happened, total mystery Quote Link to comment Share on other sites More sharing options...
Moderators Casino Posted May 21, 2014 Moderators Share Posted May 21, 2014 HAHAHA was there an impact with anything? Quote Link to comment Share on other sites More sharing options...
tyldesley_white Posted May 21, 2014 Share Posted May 21, 2014 US have more oil locked up in shale than Canada has in their tar sands, just even more difficult to get at than tar oil Hence the huge difference between oil recoverable with todays technology and Oil in place reserve estimates Have a look at this http://www.eia.gov/countries/index.cfm?view=reserves You will see that Canada is 3rd in ths list of proved oil reserves Quote Link to comment Share on other sites More sharing options...
Site Supporter only1swanny Posted May 21, 2014 Site Supporter Share Posted May 21, 2014 Its more to do with improved communication and standards of living. Less people dying knowledge not as scarce and medical breakthroughs shared Quote Link to comment Share on other sites More sharing options...
Danny G Posted May 21, 2014 Share Posted May 21, 2014 Have a look at this http://www.eia.gov/countries/index.cfm?view=reserves You will see that Canada is 3rd in ths list of proved oil reserves You are missing my point, its only proven if it can be extracted here and now. in 50 years when technology has advanced those proven reserves will be totally different and in the USA's favour We will revisit this thread in 2064. Quote Link to comment Share on other sites More sharing options...
tyldesley_white Posted May 21, 2014 Share Posted May 21, 2014 Its more to do with improved communication and standards of living. Less people dying knowledge not as scarce and medical breakthroughs shared Without oil none of this could happen, without oil we would still be in the dark ages ... most people equate oil with petrol they put in their car, which is small fraction of what hydro carbons are used for , take a look around you almost everything in the modern world as some oil derivatives in there, from your computer, to the chair you sit on to the clothes you wear, to pharmaceuticals , deodorant your put on to all the things that are made of plastic (which in today’s world is a lot) , the world is now built on hydro carbons just people don’t see it Quote Link to comment Share on other sites More sharing options...
Danny G Posted May 21, 2014 Share Posted May 21, 2014 A Banana is really a berry, a Strawberry isnt Quote Link to comment Share on other sites More sharing options...
Members DazBob Posted May 21, 2014 Members Share Posted May 21, 2014 In 1567, a man cited as having the world's longest beard, died trying to run away from a fire... because he tripped over his beard. Quote Link to comment Share on other sites More sharing options...
Members DazBob Posted May 21, 2014 Members Share Posted May 21, 2014 Ever noticed why Whitt's teeth are so sparkly? Gargling urine whitens your teeth. Quote Link to comment Share on other sites More sharing options...
tyldesley_white Posted May 21, 2014 Share Posted May 21, 2014 You are missing my point, its only proven if it can be extracted here and now. in 50 years when technology has advanced those proven reserves will be totally different and in the USA's favour We will revisit this thread in 2064. You can only go off what proven not what you thinks out there, even the stuff that hard to get at is part off the proven reserves. This is one way the oil company’s stock price is judged by proven reserves, that’s why those figures are accurate if anything they will be on the low side, you are right on the changing technologies what is a marginal field today becomes worth the effort 20 to 30 years down the line, 30 years ago nobody would have thought to put an oil rig in 3000ft of water and the drill another 4000ft to get to the oil, because we didn’t have the knowhow to do it, but needs must. The US as know about shale gas for a sometime but could not get it out, now they can, but that all depends on the cost for a barrel of oil, at $100 a barrel is worth is at $50 its not , so it stays where it is, they own it , it’s been there for a few millions year so what is 20 to 30 years to wait to get it when its economical to do so Quote Link to comment Share on other sites More sharing options...
Moderators Casino Posted May 21, 2014 Moderators Share Posted May 21, 2014 You can only go off what proven not what you thinks out there, you don't know how dannys head works.... Quote Link to comment Share on other sites More sharing options...
tyldesley_white Posted May 21, 2014 Share Posted May 21, 2014 you don't know how dannys head works.... I did try an explane in simple terms Quote Link to comment Share on other sites More sharing options...
Danny G Posted May 21, 2014 Share Posted May 21, 2014 you don't know how dannys head works.... You would be surprised how clever i am Quote Link to comment Share on other sites More sharing options...
Andydee Posted May 21, 2014 Share Posted May 21, 2014 Very fine line between high intelligence and insanity. Quote Link to comment Share on other sites More sharing options...
freds dad Posted May 21, 2014 Share Posted May 21, 2014 Ever noticed why Whitt's teeth are so sparkly? Gargling urine whitens your teeth. Your own urine or somebody else's? Quote Link to comment Share on other sites More sharing options...
birch-chorley Posted May 21, 2014 Share Posted May 21, 2014 It's all very sinister this Danny boy Something's not quite right Quote Link to comment Share on other sites More sharing options...
Danny G Posted May 21, 2014 Share Posted May 21, 2014 It's all very sinister this Danny boy Something's not quite right Anyway, back to the Plane, I now reckon the Yanks know more than they are letting on. Quote Link to comment Share on other sites More sharing options...
Moderators Casino Posted May 21, 2014 Moderators Share Posted May 21, 2014 It's all very sinister this Danny boy Something's not quite right dont set the fcuker off Quote Link to comment Share on other sites More sharing options...
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