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Thread: UPDATE 2-U.S. EIA cuts recoverable Monterey shale oil estimate by 96 pct

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    Re: UPDATE 2-U.S. EIA cuts recoverable Monterey shale oil estimate by 96 pct

    either we figure out a new energy model, or our kids are going to have to. and it might get even uglier than that.

    i see no good reason not to, other than i like my car and motorcycle. has to be done, though.

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    Re: UPDATE 2-U.S. EIA cuts recoverable Monterey shale oil estimate by 96 pct

    Quote Originally Posted by Helix View Post
    either we figure out a new energy model, or our kids are going to have to. and it might get even uglier than that.

    i see no good reason not to, other than i like my car and motorcycle. has to be done, though.
    Nuclear power is the mathematically obvious answer. Sadly, there is substantial bi-partisan resistance to it based on wildly inflated fears.
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    Re: UPDATE 2-U.S. EIA cuts recoverable Monterey shale oil estimate by 96 pct

    Quote Originally Posted by Deuce View Post
    Nuclear power is the mathematically obvious answer. Sadly, there is substantial bi-partisan resistance to it based on wildly inflated fears.
    i'm in favor of it, especially thorium, if that tech pans out.

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    Re: UPDATE 2-U.S. EIA cuts recoverable Monterey shale oil estimate by 96 pct

    Quote Originally Posted by Deuce View Post
    Nuclear power is the mathematically obvious answer. Sadly, there is substantial bi-partisan resistance to it based on wildly inflated fears.
    Was The Fukushima Disaster just a bi-partisan plot to convince the nation of the dangers of nuclear power?

    Anyway, I'd be in favor of investing more heavily in Solar and Wind. I'm not ruling out Nuclear power either, but I don't think this country has the maturity to handle the long term perspective required with Nuclear Power.
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    Re: UPDATE 2-U.S. EIA cuts recoverable Monterey shale oil estimate by 96 pct

    Quote Originally Posted by Henry David View Post
    I don't believe a word they say, either the oil industry or the government that "regulates" it.
    It's all about what's in it for who?

    The oil companies have zero to gain by pressuring the EIA to over-estimate the size of the reserve.

    On the other hand, politicos within the government have everything to gain.

    It's simple deduction.
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    Re: UPDATE 2-U.S. EIA cuts recoverable Monterey shale oil estimate by 96 pct

    Quote Originally Posted by Helix View Post
    i'm in favor of it, especially thorium, if that tech pans out.
    But, you oppose pipelines? That doesn't make any sense.
    Quote Originally Posted by Top Cat View Post
    At least Bill saved his transgressions for grown women. Not suggesting what he did was OK. But he didn't chase 14 year olds.

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    Re: UPDATE 2-U.S. EIA cuts recoverable Monterey shale oil estimate by 96 pct

    Quote Originally Posted by CalGun View Post
    So they are good estimates now that they fit your agenda, but when they didn't fit your agenda they were bad estimates? Is that safe to say based on what you just wrote here?
    1) No, I said nothing about this estimate.

    I said that I did not (and do not) believe that the original shale oil estimates were true - that they were VERY optimistic (based on what people I have some respect for said).

    As for how optimistic?

    I have no idea.


    And 2) What do you care what I 'think' about this? I certainly don't much care what you think about this.
    Neither of us wrote the estimates or (I assume) are experts at this - so who cares what either of us 'thinks' about them?

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    Re: UPDATE 2-U.S. EIA cuts recoverable Monterey shale oil estimate by 96 pct

    Quote Originally Posted by apdst View Post
    It's all about what's in it for who?

    The oil companies have zero to gain by pressuring the EIA to over-estimate the size of the reserve.

    On the other hand, politicos within the government have everything to gain.

    It's simple deduction.
    Oil companies have no reason to pump up the figures?

    Are you serious?

    The more oil they say is down there, the less worried people get about developing alternatives and the more money/grants they can extract from the government to get the oil.

    It is in BOTH the oil companies AND the gov't's interest to provide 'good' numbers.

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    Re: UPDATE 2-U.S. EIA cuts recoverable Monterey shale oil estimate by 96 pct

    Quote Originally Posted by apdst View Post
    But, you oppose pipelines? That doesn't make any sense.
    no. i don't oppose pipelines, but i support a public / private moonshot to replace oil completely within thirty years or so.

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    Re: UPDATE 2-U.S. EIA cuts recoverable Monterey shale oil estimate by 96 pct

    That is do able but I wouldn't shoot for completely as much as I would for say 90%.

    Simply remove taxation from clean, renewable and eliminate silly regulations and watch capitalism make it happen.


    Quote Originally Posted by Helix View Post
    no. i don't oppose pipelines, but i support a public / private moonshot to replace oil completely within thirty years or so.

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