Lindsey Williams and the Gull Island oil reserves - Page 4 - Mercedes-Benz Forum

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post #31 of 39 (permalink) Old 05-02-2008, 03:17 PM
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Your naive little mind cannot comprehend the vast size of the Earth and it's ability to harbor energy resources that we could never harvest in generations of lifetimes. You must think Texas is the center of the universe and the 'fragile' Earth will not give up any more of her own.
A guy who posts some crack pot theory only found on freak-a-zoid websites calls me naive? You're the worst kid of fucking idiot, a chump who will believe anything. I deal in hard facts, not fairy tales. Tell me, who is keeping this vast secret, is it the Ilumanti or the Bilderbergers? Most of the websites carrying this idiotic drivel seem to think it is the Illumanati. Good thing they are not naive thinkers like me, Mr. Tinfoil.

Recall that earlier generations faced down fascism and communism not just with missiles and tanks, but with sturdy alliances and enduring convictions. They understood that our power alone cannot protect us, nor does it entitle us to do as we please. Instead, they knew that our power grows through its prudent use; our security emanates from the justness of our cause, the force of our example, the tempering qualities of humility and restraint.

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post #32 of 39 (permalink) Old 05-02-2008, 03:20 PM
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INCOMPLETE. Now go ask your boss if he could make money on your definition. Mind the shotgun.

Or let's ask OPEC.

"an estimated quantity of all hydrocarbons statistically defined as crude oil or natural gas, which geological and engineering data demonstrate with reasonable certainty to be recoverable in future years from known reservoirs under existing economic and operating conditions"

Note especially the impact of price.

Oil that was unrecoverable at $10 a barrel is likely to be recoverable at $100/barrel. So taht estimate in AK about proven reserves -- what was the price of oil and what was the revovery technology at the time of that estimate? Has it been updated?

B
Bozonst, I am giving you the legal definition of "proven reserves", something which claimed has legal and tax implications. If you want to go mentally jerk off with the term like you usually do, have at it.

Recall that earlier generations faced down fascism and communism not just with missiles and tanks, but with sturdy alliances and enduring convictions. They understood that our power alone cannot protect us, nor does it entitle us to do as we please. Instead, they knew that our power grows through its prudent use; our security emanates from the justness of our cause, the force of our example, the tempering qualities of humility and restraint.

-President Barack Obama, 1st Inaugural address
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post #33 of 39 (permalink) Old 05-02-2008, 04:16 PM
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Bozonst, I am giving you the legal definition of "proven reserves", something which claimed has legal and tax implications. If you want to go mentally jerk off with the term like you usually do, have at it.
I understand your reluctance to accept the terminology used by the largest controlling interest of petroleum on the planet and instead, use a tax consultant's glossary. Keep going with that and see where it takes you.

Proven reserves can be separated between technical reserves and recoverable reserves. Technical reserve is petroleum that is technically possible to recover, regardless of cost. Recoverable reserves are a subset of technical reserves -- they are technical reserves that are economically feasible to recover.

So when we say that there are "proven reserves" somewhere, that is insufficient information to properly decide whether or not those reserves are economically feasible.

This is why I am so interested in proper use of appropriate terminology -- I know that we wouldn't want to inadvertently mislead people simply for crass political reasons, would we?

B

The biggest problems we are facing right now have to do with George Bush trying to bring more and more power into the executive branch and not go through Congress at all and thatís what I intend to reverse.

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post #34 of 39 (permalink) Old 05-02-2008, 04:21 PM
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Possibly but the dude has been in this business since the 60s and probably knows your buddies on a first name basis , but I also know a friend in the exploration side that has made it his business and completed a PhD thesis to extract oil using CO2 because there simply isn't enough of it to just gush out like it used to.
Mine has been in the business since 1959, so there. And he calls your buddy, "boy" when he wants a cup of coffee.

There are lots of extraction methods used to wring the last gasp of recoverable oil from a proven reserve. There are acids, solvents, steam, CO2, water, and goodness knows what else. It all depends on the characteristics of the oil and the reservoir.

For a great deal of wonderful information look up Society of Petroleum Engineers". That way we wont have to rely on our bestest buddies and what they tell us. We can read what the experts say.

The biggest problems we are facing right now have to do with George Bush trying to bring more and more power into the executive branch and not go through Congress at all and thatís what I intend to reverse.

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post #35 of 39 (permalink) Old 05-02-2008, 05:12 PM
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Mine has been in the business since 1959, so there. And he calls your buddy, "boy" when he wants a cup of coffee.

There are lots of extraction methods used to wring the last gasp of recoverable oil from a proven reserve. There are acids, solvents, steam, CO2, water, and goodness knows what else. It all depends on the characteristics of the oil and the reservoir.

For a great deal of wonderful information look up Society of Petroleum Engineers". That way we wont have to rely on our bestest buddies and what they tell us. We can read what the experts say.
In the 50's the dude didn't have time to be an expert because he was considered a terrorist so he was on the run
He ain't my "best buddy" I just know a whole bunch of people after having worked in developing countries while at the World Bank. I just happened to meet the people that handled funds, gave advise to government or were government and worked all night crunching numbers and other useless stats.
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post #36 of 39 (permalink) Old 05-02-2008, 07:51 PM Thread Starter
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A guy who posts some crack pot theory only found on freak-a-zoid websites calls me naive? You're the worst kid of fucking idiot, a chump who will believe anything. I deal in hard facts, not fairy tales. Tell me, who is keeping this vast secret, is it the Ilumanti or the Bilderbergers? Most of the websites carrying this idiotic drivel seem to think it is the Illumanati. Good thing they are not naive thinkers like me, Mr. Tinfoil.
The resident kookberger calling me Mr. Tinfoil. That's a laugh. I shall wear that as a badge of honor, dill weed. What I find even more hysterically funny is the guy sounded just like you when he got on the rant of how the 'Bushes' fought the wars over oil and as a payback to Iraq and Iran for not signing the Kissinger agreement in the '70's.

You left-wing extremists are all the same. "We're gonna run out of oil!" being shouted at every turn while you hug trees and prevent Alaska drilling in the name of environmentalism. We're not anywhere close to running out of oil. But that projection is exactly what you wish everyone to believe because it furthers you and your leftist kook's agendas. Just how small do you think the earth is? You must believe it's the size of your pin head or else it wouldn't be difficult for you to believe that there's much more oil than we've even begun to find. Hell, there's hundreds of wells around where I live, capped off, deemed 'too small' to pump by geologists of the 70's. Everyone knows those studies done 30 years ago were flawed and unreliable. Now, some wells, similar to these, have been opened in middle Tennessee, producing 100 to 200 barrels per day, each. Multiply that by the tens of thousands of such wells all over the country, and you wouldn't need foreign oil.

Keep living in your encapsulated box of ignorance.

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post #37 of 39 (permalink) Old 05-02-2008, 08:06 PM
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post #38 of 39 (permalink) Old 05-03-2008, 05:19 AM
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Cor
Wow
Where the fuck do these shitters come from
Sadly I am impressed
In a very negative way
PS
did I mention a fig of 47mpg over 95 mixed hours driving at an ave of 31mph
That btw is the door to door figure when driving at up to 70mph
just a thought
Tee Hee
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post #39 of 39 (permalink) Old 05-03-2008, 05:31 AM
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Vonny says "Phooor". Is it the same?

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