08-28-2007, 12:04 PM
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#28 (permalink)
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Insane
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http://www.energybulletin.net/33980.html
Quote:
On unconventional oil, 80% is in the Western Hemisphere. Chavez has driven Venezuela into a ditch; their production is falling. Oil shale has the energy density of shaving cream, one-third that of phone books, and has never provided more than 1/10,000th of global energy. Yes, the Canadians will get tar sands to 3 Mb/d, which will help. But U.S. tar sands are not water soluble, occur in thin crusts and have never been produced commercially. A 50,000 b/d coal-to-liquids plant would cost $6 billion, take 3 years to build, and aggravate climate change.
“The report also seems somewhat cavalier about North American gas constraints: do you mean to suggest that 3 tanker loads of LNG will glide into American shores each day by 2020? From where, exactly? Half of US domestic gas is from wells less than 3 years old, which means we have to replace with new drilling 25 billion cubic ft/d in the next 1000 days.
“That's one of the hard truths I find missing here.
“My biggest regret is that the NPC report fails to communicate the essential nature of the competition between depletion of existing wells and investment in new ones. Depletion is tireless, quick, inevitable, relentless, and automatic. Investment is costly, slow, uncertain, sporadic, and optional. This is a horse race, with one winner.
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Also a nice official looking documentary here :
http://abc.net.au/4corners/special_e...t_standard.htm
I just thought I should post these things, no comment from me, all I can say is "We're doomed !" 
Last edited by pai mei; 08-28-2007 at 12:16 PM..
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