1 vote

Oil, Oil & MORE Oil! America has more Oil than any other nation!

OIL—you better be sitting down when you read this ! !

Here’s an astonishing read. Important and verifiable information :

About 6 months ago, the writer was watching a news program on oil and one of the Forbes Bros. was the guest. The host said to Forbes, “I am going to ask you a direct question and I would like a direct answer; how much oil does the U.S. have in the ground?” Forbes did not miss a beat, he said, “more than all the Middle East put together.” Please read below. :

http://beforeitsnews.com/story/376/642/OIL,_OIL_and_MORE_OIL...



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so the war empire and BP

now benefit and we pay more for a resource that we wish to save for more global conflict and econ growth..

fireant's picture

Plenty of oil maybe, but recovering it then transporting it to

refineries, ports, or new refineries I think is an issue.
Pipelines would have to be built from the source to refineries and/or ports. Not something which will be in production any time soon.

Undo what Wilson did

We have oceans of oil

and will be a net exporter in 10 years..It's terrible for the enviorment though -I will be buying a Volt this year..Middle finger to big oil..strange bedfellows I like the fact that Koch has done big bucks for CATO Institute..

Government is supposed to protect our freedom, our property, our privacy, not invade it. Ron Paul 2007

AHH !

there is no such thing as free energy. You need to convert any form.

Out dated dirty energy. FREE THE TESLA TECHNOLOGY !

We don't need oil. Free the Tesla Technology. No more scarcity memes. No more fear memes. No more memes, period. Let the Arabs put the petroleum jelly on toast.

Yes the time has now come

We want the free energy that has been known for decades if not centuries or even millennia.

Yeah, give us the free energy

Yeah, give us the free energy technology that we ALL KNOW ABOUT NOW, instead of ripping us off just to get around.

|^^^^^^^^^^^\||____ San Luis Obispo, CA
| RON PAUL 2012 |||""'|""\___,
| _____________ l||__|__|__|); Freedom 101
|(@)@)"""""""**|(@)(@)**|(@)

agree 1000%

...

The Abuse of Greatness is when it disjoins remorse from power. - Shakespeare

Oil by Hydraulic Fracturing

Fracking Hell: The Untold Story
Watch more Earth Focus at http://www.linktv.org/earth...
An original investigative report by Earth Focus and UK's Ecologist Film Unit looks at the risks of natural gas development in the Marcellus Shale. From toxic chemicals in drinking water to unregulated interstate dumping of potentially radioactive waste that experts fear can contaminate water supplies in major population centers including New York City, are the health consequences worth the economic gains?

-
"Stand up for what you believe in. Even if you stand alone."
~ Sophie Magdalena Scholl
"Let it not be said that we did nothing."
~ Ron Paul
"You must be the change you want to see in the world."
~ Mahatma Gandhi

not worried about oil

Oil's price is mainly bid up by investors/ speculators and foriegn demand. I'm confident the price will come down again when the asian bubble pops. I also do not believe oil to be a fossile fuel. It is abiotic, meaning we won't be running out anytime soon.

I disagree

When the Asian bubble drops there will be a rush for metals, if that rush doesn't happen sooner with the collapse of Italy, GB, France, or Egypt. Anything of that nature will likely start the rush. That rush will immediately trigger the hyperinflation here in the US, then you will see gas prices the likes of which you have never dreamed.

Then a lot of people are going to get a crash course in history like that seen in Greece in 1944, Germany 1923, Hungary 1946, and even Zimbabwe in 2008.

The Abuse of Greatness is when it disjoins remorse from power. - Shakespeare

Just get off oil, gas and coal completely.

That's the only solution, period. They are all finite, despite crack science that opposes that, and they will run out. The way our society runs now and always has, we require growth to prosper. Any growth adds more demand each year and effectively doubles demand ever so often. This can be from 10 years to 30, but it still happens. Since the problem is balancing production against demand (NOT reserves or estimates), the cost in dollars and energy comes into play. When it's either more money or energy intensive than beneficial, it will stop. When it even becomes perceived as headed that way, panic and hoarding will accelerate that fear until it does.

We don't need them. We have alternatives and despite everything you're told, they are better in every way, especially cost. I can give you a better example of any need you have. You just have to give it an open mind and either some startup money or time.

You do realize that probably 90% of everything you touch is

courtesy of oil in some form or fashion right?

And I don't just mean transportation.

And then you want to eliminate gas and coal too?

What do you expect to use for energy sources?

How do you plan to generate electricity?

How do you intend to build and with WHAT MATERIALS, the core technologies that make up the "alternative" energy economy?

The alternatives ALL rely HEAVILY on oil, gas and coal. It would be IMPOSSIBLE and prohibitively EXPENSIVE to suddenly try to switch over.

Besides, there is no need. WE have PLENTY. All "peak" theories are absolute nonsense and have been proven wrong time and again.

What is your source for peak

What is your source for peak oil theories being proven wrong? I'd like to take a look at the info. Thanks

...

That's true for today

but the question is, is that the best way and the only way or just the cheapest way given how things are ran today?

My grandpa and dad used to talk about windshield wipers that lasted a decade. Now I can't get them to last more than 1-2 years. They're so synthetic and they crack more... even though they are, as advertised, "more plyable". What gives? We really don't care how plyable they are if they're not lasting as long. Go back to more natural. That's just one example of thousands but it doesn't mean we can't still use some oil to make things. Only 5% of our oil is used in consumer products so we've got some room to spare. Also, when making products from oil, it's recyclable. If you just burn it up, it goes bye bye.

Regarding energy, you would be shocked to find out how much waste is involved in supplying energy to the end uses we have. Two months worth of coal heating energy (as measured in the original amount mined) can manufacture a solar thermal heating system that's double oversized for a home. Why would you want to keep mining, transporting, burning and paying for it forever? That's just stupid.

The cost in FRNs to the end user? Most people in home scale renewables (not counting crappy PV salesmen) shoot for a 5 year payoff with payments equivalent to the home's original energy payments. That means your cost shouldn't change for five years (and won't increase due to inflation) and then they'll go away. How is that more expensive? You're listening to the wrong experts.

What materials, you ask? This question always ticks me off. What materials are you using now to make furnaces, air conditioners, coal plants, natural gas plants, mining and drilling equipment and everything else associated with today's energy industry? Why do people always try to hold renewables to a higher standard, like they should be made of sustainable switchgrass or something? The truth is, that most of them use less materials of a more abundant type and require less energy than their fossil fuel counterparts to be made. They are more recyclable and they generally last longer. If that's not sufficiently discounting the statement that they "ALL rely HEAVILY" on fossil fuels, I don't know what will.

I just don't get it. On a site where every conspiracy theory gets full credibility until proven one way or another, why can't people see that the energy companies are scamming you too. They want an endless stream of income from addicts of what they're pushing. They will do anything to stop renewables and discount the truth. They are in bed with the banks who are pushing the global warming to suck the life out of us with carbon credit trading. They will promote peak this or that when they want to hide their speculative price spikes and then knock peak theories when we try to actually walk away. Why is it so hard to see that you can't trust one freakin' word they say???

Now for your last paragraph. You just lost every ounce of credibility by lumping all peak issues together and tossing out such unfounded BS like that. Go watch "the most important video you'll ever see" on youtube and then try to say peaks don't exist. It's an 8 part (I think) short series showing that you can't have ANYTHING grow indefinitely with any finite supply. It's mathmatically impossible.

What alternatives do you think can substitute for

oil, natural gas and coal?

I have not seen even one that can provide anywhere near the energy that would be necessary to replace the three fuels you listed.

Even wind, which may have an 8 to 1 return on energy invested fails when you consider that you must have backup facilities for when the wind doesn't blow. Biofuels, solar electric, geothermal, and hydrogen are either marginal, net energy losers, or not scalable.

"Bend over and grab your ankles" should be etched in stone at the entrance to every government building and every government office.

Thanks for asking, Henry.

First a couple facts: Today's oil is half used for military and arguably near a quarter of it transports coal. Dumping those two reduces it by quite a bit. Coal is mostly used for electricity and that's at an efficiency of less than 22%. (This is when you consider the initial energy vs. the FINAL use of that electricity.) There is, on average 3-4 times as much energy hitting the average south-facing rooftop than is needed to power everything in that home AND their average transportation needs. This means we only need cheap solar systems that average 30% efficiency for net exporting families, and that's not counting a single business, box store or manufacturing plant. Solar thermal systems like the ones with the arrays of mirrors in CA are more than twice as efficient on a home which can make use of it's waste heat than they are in the desert, plus they can store this heat very cheaply. I've seen it done for half the cost of PV. Even the wildest dream of solar, storing it's excess production in hydrogen, is easily available if we allow it politically. With a certain 'illegal' reactor, we can make a hydride powder that can store 400 miles of driving worth of hydrogen at very low pressure in 4 scuba sized tanks and that's repeatable endlessly. I've spoken with a guy that's been running his 'vette this way for years. Home digesters can be cheaper than septic tanks if done right and can recoup 100% of certain organic wastes into natural fertilizer and methane/hydrogen. Home gasifiers can burn other waste at nearly 85% efficiency with it's heat (shared storage with the solar) powering heating, cooling, chilling, steam washers and dryers and more. Home aquaponic systems can grow 3 times a family's produce, herbs and spice needs in 36 sq. ft. with 100 watts and 1% of the former water required. Every one of these has either been done and is readying for mass manufacture or is proven and waiting for money or I've done them myself.

On the larger scale, high altitude wind generators can be dragged behind a tethered jumbo jet in the jet stream where they will encounter 300 mph winds that are 95% reliable. This would make their energy return over 30 times your quote. Massive scale ocean based solar concentrators have been designed that can desalinate 100 MGD of water with enough 'waste' energy to send it inland as steam for hundreds of miles before it condenses and to also produce over 200 megaWatts of electricity simultaneously. ...all with an energy return over well over 200:1. There is a turtle-like blimp that's super efficient and vertical takeoff which has a top speed of 120 mph. There's a tube style rail system with a nearly 4,000 mph top speed and averages over 500 mpg equivalent per passenger. There's a neighborhood mass transit system that's fully automated, on demand, silent, and offers over 200 mpgE via stationary electricity. There's a smart grid design being promoted that incorporates all of the above into an internet style control system where all the devices control it, rather than one central utility.

To make all these systems, we can either use oil and natural gas at less than 1% of the rate we do now or we can use the offspring of the so-called biofuel revolution or we can do like Israel and switch to concentrated solar powered kilns and foundries.

All these ideas are capable of being done privately and mostly locally. They all fight the status quo of centralized power (both energy and monetary control!) so they never make the news. This is the second biggest problem I have with nuclear. It still mandates centralized control. ...plus it concentrates both massive generation and massive heat rejection into a small area where both are devastating to the locale if got out of hand and where most likely, it's not wanted.

Those people saying we can't do these things or that it's not worth it are all paid off experts working for those same centralized control industries. We need to shift our thinking. We should buy a system that comes with our house, like our furnace or water heater does now, pay it off and benefit endlessly with only repair/maintenance costs going forward. But of course, that would put a couple industries out of business, wouldn't it?

Interesting, please help me get one

How can I get or make the illegal reactor? Why is it illegal and should it even be? Does it endanger life or property? What gives? Ooo, I just got a whiff of perpetual motion on top of 'Corvette Summer'. Double yuck.

You mentioned home sewage digesters, home gasifiers, and small aquaponic systems. These are all commercially viable solutions to the artificial energy crises, or at least they seem they should be. I can't wait for these to be commercially available. I stopped at the Home Depot and they thought I was nuts, just like last time. For most of us, sending in $$$ for plans and tools and learning the skills to build these contraptions just make them out of reach. And will it even work? They advertise the plans next to the perpetual motion machines!

If someone builds these kinds of things, I'd love to both own them and sell them. Or help manufacture them. Any links for commercially available, practical energy solutions would be appreciated.

I have no doubt that as energy gets more expensive, there will be more and more creative minds to work on harnessing it cheaper. The incentive is just too great. At least in a free market that would allow such creativeness anyway.

The more energy we harness, the better all our lives get. Think about it. We can all quit smoking oil but if we go back to animal power, the number of people must diminish greatly. And unless you are in the ruling class you won't be able to afford to buy a horse.

Thanks for a great post.

Just hunted it back down... here's a small clarification

To make the hydrides for hydrogen storage at low pressure you need lots of money. It's illegal to buy lithium-6 deuteride because it's classified as a weapons material. However it's not illegal to make it yourself. It just takes a particle accelerator (which this guy has made) and very steep FDA (yes, food and drug admin) fees for using one. All this even though it's a safe and cheap process. Here's a link and video where he shows the system off.

http://www.switch2hydrogen.com/

Regarding the home scale digesters, gasifiers and aquaponics. I have been watching a bunch of guys doing these for years and they just don't seem to be making progress toward commercialization. When I run the economics of their systems, I think they should make money just fine so I have to wonder what's up. I got tired of waiting on the hydro/aquaponics and designed a better one myself. I'm going to be fundraising for it on kickstarter.com as soon as I put the first one back together for some videos. Hopefully, I can raise enough to build some and maybe even presell some. The digesters and gasifiers are both working, viable systems that others have done. They each need to be better integrated with other systems to make them more useful (and marketable) to the public. It does no good to make a gas but not include a tank and pump or an engine/generator with it.

Here's a very efficient gasifier that could be built cheap in larger quantities but the guy got caught up working on a version for the government and wasted years on that one.

http://www.fundamentalform.com/html/energy_from_waste.htm

I like your comment that more and more creative minds will work on it as energy gets more expensive. The only problem with that is we recognized it and started about 5 years ago. Most of the others I know of, and myself included, have all the technical and manufacturing bugs worked out but we're too stubborn to give away 80% of our companies to some first-round investor who dangles a couple hundred grand in our face. I actually had an investor two nights ago quote 80% ownership, 4 board members and full repayment for him to invest $140k in one of my businesses after we've already sunk $130k into it. The estimated value after it gets going could be 10 figures and he wants 80% for that piddly investment? I couldn't keep from laughing, but he was deadly serious. This is why I'm thanking God for sites like kickstarter. I have more faith in The People than the bankers. Finding that 6 months ago has caused me to completely reorganize my business structure. Still keeping my fingers crossed tho.

Why does no one think Nuclear

Why does no one think Nuclear power?

with current "poor" technology we could easily power everything needed.

if we developed LFTR prospects then we'd have damn near free power forever.

“One of the penalties for refusing to participate in politics is that you end up being governed by your inferiors.” Plato

Nuclear has it's own set of problems

First off is the efficiency. It heats water to steam to run a steam turbine and a cooling tower. That process is 30% efficient. When they talk about a 4 GigaWatt nuclear plant, you have to keep in mind that they will need to dump 9 GW of waste heat into a nearby river or lake or they will use up enough water to evaporate that much water. That's one heck of a lot of treated water used.

Next is their security. I'm not talking about the red herring of securing against a meltdown. I'm talking about people getting two large cities' worth of energy from a single (or pair of) electrical substations. Do you know how many ways to trip that reactor offline there are? A log chain tossed over the substation of that big of load would probably start a nationwide daisy chain of trips offline. A single "tree" did it is Sept of '03. Otherwise, a gallon of dish soap in the cooling tower would foam and cut the cooling capacity so much that you really could cause permanent damage.

Then there's the massive concrete needed, the cost, the insurance and the massive mines needed. Unlike coal which can be concentrated into a one area underground, here you need to dig up tons of dirt to find one handful of fuel.

Until we can have cheap, modular and smaller reactors that are inherantly safe and can pay their investors off quickly without government subsidized insurance, the industry is virtually dead.

fireant's picture

"...the industry is virtually dead."

Hmm, not according to Mining Analyst David Talbot of Toronto, Ontario-based Dundee Securities:
http://www.321energy.com/editorials/energyreport/energyrepor...

And, small reactors which are self contained, designed to service a neighborhoods rather than cities, are currently available.

Undo what Wilson did

Absolutely

These small reactors are the way to go.Try and get past the regulations to set one up? You are already guilty of selling to Iran.Permits,Regulations and security.It is no longer worth even considering at that point.It is no longer "Cheap"

If I disappear from a discussion please forgive me. My 24-7 business requires me to split mid-sentence to serve them. I am not ducking out, I will be back later to catch up.

I wish I had a nickel

for every report I've read on any 'fuel' that said basically the same thing. His entire prediction is based on generalities of big countries which are virtually unverifiable. Heresay, that's all. To top it off, he actually has the brass to predict prices 5 years out down to the dollar? The '06 spike was some speculative and some rampup forcasting, I'll give him that but this time, he's just assuming everyone will jump on nuclear and it will stick.

Let me ask a new question then. Given that the latest estimates (that I'm aware of - which are over a year old now) of plants costing as high as $4,000,000 / MW in capital costs alone, who's going to finance them when they're double the cost of everything else? How about when a smart grid and home scale renewables push drops demand in a couple years? To predict these things with any validity at all, one must research not only the industry in question, but all the possible competitors.

Regarding small scale jobs, I wasn't aware they have received approval yet. If so, great. I'm good friends with one of the lead developers of one of the forefront companies planning to offer them.

fireant's picture

By "available", I meant developed, not necessarily deployed.

I understand the approval process will be a burden due to safety concerns, but the concept makes sense to me.
Your friend's company may be the one I read about, where the unit is under ground, sealed at the factory, and will produce about 20 or so years?

Undo what Wilson did

http://www.fastcompany.com/15

http://www.fastcompany.com/1594671/bill-gates-goes-nuclear-w...

want more?

“One of the penalties for refusing to participate in politics is that you end up being governed by your inferiors.” Plato

I know of two types ...so far

My friend's is a semi trailer fitted with a modified reactor modeled after a nuclear sub. It doesn't require maintenance other than startup/shutdown but after fueling (which at the time was estimated to last 30 years) it's cheaper to let it just run a dummy load when not needed or transporting it. If I remember correctly, it's output was 50 MW with payoff in 10 years. I haven't seen one that's buried.

The other one is modeled after the space versions. They are the size of two 5 gallon buckets end-to-end and could power a house for 40 years with payoff in 20. These were to be fully sealed at the factory in 4 stainless steel nested cases with lead in between. Obviously, these require lots of raw material to supply one for each home in the world, so they were limited in proposal to islands, boats and other remote areas.

Again,I will say absolutely!

A reactor the size of a coffee can could power a car for 10 years easy.

If I disappear from a discussion please forgive me. My 24-7 business requires me to split mid-sentence to serve them. I am not ducking out, I will be back later to catch up.

Of course we will never know

Of course we will never know the truth about the BP Oil in the Gulf. Pray for them so many are now getting sick and passing away.

The American Dream............
you have to be asleep to believe it!

What don't you know about the oil spill?

How many people have died because of the spill? Sources please, sounds like fear-mongering to me...

'Cause there's a monster on the loose