From: Terry W. Colvin (fortean1@mindspring.com)
Date: Mon May 12 2003 - 15:16:21 MDT
Mike Lorrey wrote:
>
> --- "Robert J. Bradbury" <bradbury@aeiveos.com> wrote:
> >
> > On Sun, 11 May 2003, John K Clark wrote:
> >
> > > Interesting quote:
> > > "Iraq is the only country capable of flooding the world with cheap
> > > oil on the scale of Saudi Arabia. [...] The average cost of
> > > bringing a barrel of oil out of the ground in the USA is about
> > > $10. In Saudi Arabia, it's about $2.50. And in Iraq, it's less
> > > than $1."
> >
> > Yes John -- but it isn't *sustainable*. It would be fine if the
> > economic boost were used to redirect world energy production and
> > consumption into sustainable sources (photovoltaic, wind, methane
> > from atmospheric carbon sources using photosynthetic energy, etc.)
> > -- but given the current mindsets that seems unlikely to be a
> > primary goal.
>
> What do you mean it isn't "sustainable"? So far as I know, Iraq can
> pump 900,000 - 3.5 million barrels or more a day at that cost level for
> many years into the future. Iraq has some of the cheapest to access oil
> fields in the world, coupled with a domestic oil industry that is
> staffed, top to bottom, by Iraqis rather than expensive Western workers
> as Saudi, Kuwait and other oil satrapies depend on. The infrastructure
> is also generally debt free, since it was all nationalized in the
> 1970's.
>
> Given that the other OPEC nations are overproducing at a rate of 2
> million barrels a day, AND that Venezuela is finally getting its own
> production up to near pre-strike levels of 3 million barrels a day,
> from less than 1 million during the strike, AND Russia's informal
> production cap agreements with OPEC are due to expire, OPEC can cut
> its production by 2 million barrels a day and the market production
> will still be 2-4 milllion barrels a day over demand.
>
> OPEC as a tool of advancing muslim international agendas is over unless
> the US really screws things up in Iraq, and Venezuela and Russia decide
> to get more involved in OPEC. Even then, we will still have ANWR
> available to drill, which contrary to critics claims, has plenty of oil
> in it. Enough to seriously dent world oil prices for a decent period of
> time if we need to.
>
> I'm not concerned about oil prices for the next several years at least.
> They will continue to drop, US economic power will continue to grow as
> a result, european economies will stagnate and be forced to abandon
> socialism, even paid for with oil money, once and for all.
>
> =====
> Mike Lorrey
< http://www.science-frontiers.com/sf079/sf079g10.htm >
[Used "oil, gas" at the root URL search engine]
Terry
BLACK GOLD -- AGAIN
The Siljan Ring and T. Gold are back in the news again. A few
years ago, at Gold's instigation, private investors and the
Swedish govenment put up money to drill for oil and gas at
the Siljan Ring, some 200 kilometers northwest of
Stockholm. This granitic region is a meteor-created,
shattered scar on the earth's crust. It is in just such a spot
that Gold expects to find abiogenic petroleum and methane
seeping upward from deep inside the earth, where they have
resided since the earth was formed. Con-ventional
petroleum geologists have roundly ridiculed the Siljan Ring
project; after all, everyone knows that oil and gas derive
from buried organic matter.
Three years ago, at a depth of 6.7 kilometers, the
"misguided" Swedish drillers pumped 12 tons of oily sludge
from the granite rock. "Just drilling fluids and diesel-oil
pumped down from the surface," laughed the experts. This
autumn (1991), more oil was struck in a new hole only 2.8
kilometers deep. This time, only water was used to lubricate
the drill. How are the skeptics going to explain this? Well,
about 20 kilometers away, there are sedimentary rocks;
perhaps the oil seeped into the granite from there.
Rejecting this interpretation, the drillers are going deeper
in hopes of finding primordial methane. (Aldhous, Peter;
"Black Gold Causes a Stir," Nature, 353:593, 199l.
Anonymous; "Black Gold," The Economist, p. 101, October 19,
1991. Cr. T. Brown)
Reference. T. Gold's iconoclastic ideas are the origin of oil
and methane are reviewed in ESC13 and ESC16 in our
catalog: Anomalies in Geology. To order, visit: here.
From Science Frontiers #79, JAN-FEB 1992. © 1992-2000
William R. Corliss
-- Terry W. Colvin, Sierra Vista, Arizona (USA) < fortean1@mindspring.com > Alternate: < fortean1@msn.com > Home Page: < http://www.geocities.com/Area51/Stargate/8958/index.html > Sites: * Fortean Times * Mystic's Haven * TLCB * U.S. Message Text Formatting (USMTF) Program ------------ Member: Thailand-Laos-Cambodia Brotherhood (TLCB) Mailing List TLCB Web Site: < http://www.tlc-brotherhood.org >[Vietnam veterans, Allies, CIA/NSA, and "steenkeen" contractors are welcome.]
This archive was generated by hypermail 2.1.5 : Mon May 12 2003 - 15:27:14 MDT