Oldtent Archives 2007 - 2008

This is not what I meant by it - but it is true.

You argue from the Austrian point but use Keynesian examples (some one else pointed that out).

aurum

Peak oil may or may not be real. I dunno (but the whole energy situation stinks to high heaven).  But again - simple cheap on demand H2 generators can reduce fuel consumption by 1/3 at a minimum - now.  But noooooo!   Can’t have that.   Must keep America guzzling at maximum rate to keep tax revenues and the ME countries buying our debt.

I was in Lowes shopping for part for my H2 generator.  I told the plumbing guy what I was looking for and then he ask me what I was building.  I told him and he said “well why are you doing it that way”.   My nephew made one just from stainless steel wire wrapped around perforated plexiglas and he’s getting 30% better MPG.  Thousands of shade tree mechanics are doing it a variety of different ways but the results are about the same with just brute force standard electrolysis.

We are nearly on the same page. There will be (has been) peak oil. That does not mean oil is gone. There are still wells producing at lower volume. There are alternative fuels now viable. There are now areas of exploration that are viable.

We are talking decades here - not days- months as the alarmists would have it.

aurum

Here is some homework for you. I have told you that TA alone - even if you are really good at it - might break you even in a lifetime of trading. That is playing a zero sum game. Fundamentals alone will tell you what should happen but not when. J.S,

is a figment of imagination,it occurs because those in power make it occur before the election just like peak Nat Gas prices and Gasoline prices.The public is fickel and has an attention span of about 1 month.After the election all bets are off on oil prices……..

Look I maybe overly optimistic but I think we solved the inflation thingy with what is inflation.

Maybe this peak oil can be solved in the same way. Define it so we all know what we are talking about.

aurum

I read something in the newpaper here in N. Cal the other night when it was quiet for once. The gas co. of Mexico what is is Pimco or something, Im quite exausted right now beyond belief. Anyways he was saying demand is outstripping supply. That they are going to put more straws in the ground but that it doesnt mean they will produce anything. He said that in short huge amount of gas ect. that they found is there somewhere but it could take a 100 yrs to find it. Yes things could get worse down the road. That other companies too like Opec even American comp.  like in Alaska may not produce the amount of oil needed cuz being their only source of income want to slow the process to make it last longer rather than use it up quickly and then they have nothing.`We will be relying more on Canadian companies which Im searching, but don’t even know how long they will last either.

Yes, that is a point I have pointed out many times. I can show you plenty of places we can drill a well and find oil but it will not be commercial or make a profit even at $140 a bbl. I can also show you some places that will make a profit but not in great volume. I do know of sme prospects that have huge potential to find 100 million bbls but they are very expensive and risky - more than a mear mortal like me can promote

None of all that has anything to do with peak oil - even at $1000 a bbl, we have reached peak world oil production. We can find lots of oil even in the large fields and wells that flow 50,000 bbls per day like the old days but that takes years and still will not surpass current peak oil production due to decline curves, depletion and consumption. Deadeye

Don’t know whether he did or not, but it makes no difference to me.  Are you comparing Sabre to Greenspan and saying because Greenspan did something it is ok for Sabre to do it also? 

The point that was raised was about Sabre saying he never believed in peak oil and then GoldBallon showing a lists of posts where he clearly did believe in it, if  Sabregold and Sabregold1999 are the same person.  I don’t know the answer but am curious.  Have a good evening.  

I may have missed your meaning - if so I apologize.

aurum

All I can say is that I have enough linked on my computer desktop for at least two pots of coffee tomorrow.

Wow!

And so little of it ment - but there you have it.

ment are you okay?

aurum

..why he went to work for the dark side ?

yes i know that () was ahead of his time and found that US oil would be on the down slope - and we know by the same idea that the world will have as you like it “peak” oil.

My point is that as we move up to peak oil in the world alternatives will be viable.

To summarize - yes there are problems - but you believe in the market or you don’t.

aurum

I cannot find the Baez version on the internet - you will have to come here to hear it. Or email and I will send an mp3 version.

aurum

You can’t simply re-define “peak oil” because you don’t know what it is. Peak oil has nothing to do with running out of oil - it is world peak production rate. Alternate energy has nothing to do with peak oil production. Why do all you guys make up you own definitions and then ignore the truth and argue about apples are oranges and cherrys are pumpkins and then think you are accomplishing anything? The truth is the casualty. Humbug! Deadeye