Comments on: Extraction Rates Fall At Major Oil Companies http://www.vitaltrivia.co.uk/2005/10/35 Trivial thoughts on vital subjects Tue, 6 Jan 2009 22:03:56 +0000 http://wordpress.org/?v=1.5.1.1 by: kate sisco http://www.vitaltrivia.co.uk/2005/10/35#comment-64 Tue, 25 Oct 2005 20:17:04 +0000 http://www.vitaltrivia.co.uk/2005/10/35#comment-64 I was interested in this author's comment about K Deffeyes book Beyond Hubbert's Peak. I loved reading it. He says about the oil shales on the Rocky Mt front that they should be able to produce far more with little effort. Came right out about a lot of insights like the Russian economic collapse-due to cheap Saudi oil. Well, if that is true, then wouldn't they now be able to restore their economy in as much as they avoided the planned pitfall of having their oil privatized, and while I'm at it, I was wondering about this cheap oil, doesn't it benefit the container shipping industry and the military the most? Here in the US there is a push that has become a landslide to cut not only wages which haven't gone up in years but the long claimed, much vaunted retirement benefits in which the unions gave up wages for. Every time I hear about how our goods come from overseas where they work for dollars a day I think of the container ship delivering goods to be finished and taking the finished product back to be sold all at a profit and only because of cheap oil in the diesel bunkers on those ships. Thats where our jobs went, not overseas but into the diesel bunkers of the container ships. If it were not for the cheap oil allowing the ocean crossings profitably, the jobs and the wages would still be here. Politics are devious fellows to have at loose in the world. I was interested in this author’s comment about K Deffeyes book Beyond Hubbert’s Peak. I loved reading it. He says about the oil shales on the Rocky Mt front that they should be able to produce far more with little effort. Came right out about a lot of insights like the Russian economic collapse-due to cheap Saudi oil.
Well, if that is true, then wouldn’t they now be able to restore their economy in as much as they avoided the planned pitfall of having their oil privatized, and while I’m at it, I was wondering about this cheap oil, doesn’t it benefit the container shipping industry and the military the most?
Here in the US there is a push that has become a landslide to cut not only wages which haven’t gone up in years but the long claimed, much vaunted retirement benefits in which the unions gave up wages for. Every time I hear about how our goods come from overseas where they work for dollars a day I think of the container ship delivering goods to be finished and taking the finished product back to be sold all at a profit and only because of cheap oil in the diesel bunkers on those ships. Thats where our jobs went, not overseas but into the diesel bunkers of the container ships. If it were not for the cheap oil allowing the ocean crossings profitably, the jobs and the wages would still be here.
Politics are devious fellows to have at loose in the world.

]]> by: Ippoippo » Peaked? http://www.vitaltrivia.co.uk/2005/10/35#comment-63 Tue, 25 Oct 2005 03:19:04 +0000 http://www.vitaltrivia.co.uk/2005/10/35#comment-63 [...] imaru. 2005年10月25日 Peaked? Interesting write up, and how the Oil Major’s may have already Peaked?!! It’s all downhill from now. [...] […] imaru.

2005年10月25日
Peaked?

Interesting write up, and how the Oil Major’s may have already Peaked?!! It’s all downhill from now. […]

]]> by: C Stevens http://www.vitaltrivia.co.uk/2005/10/35#comment-62 Sun, 23 Oct 2005 15:02:16 +0000 http://www.vitaltrivia.co.uk/2005/10/35#comment-62 I saw this data on PO.com, but it's good to see it blogged. Ian, you're right on the money. Being new to the whole Peak Blogging thing (I use my MSN space for the purpose (that way all my MSN contacts are likely to be in the loop). I saw this data on PO.com, but it’s good to see it blogged. Ian, you’re right on the money. Being new to the whole Peak Blogging thing (I use my MSN space for the purpose (that way all my MSN contacts are likely to be in the loop).

]]> by: Ian http://www.vitaltrivia.co.uk/2005/10/35#comment-59 Sat, 22 Oct 2005 10:56:35 +0000 http://www.vitaltrivia.co.uk/2005/10/35#comment-59 interesting article there, it doesn't surprise me at all. No wonder the oil companies are running these add campaigns telling us we need to search for alternatives (lol). As for Mexico i seem to rememeber reading an article 6 months ago saying how the largest oil field in mexico went into decline in 1999 but they used massive injections of nitogren gas to prop up the field pressure and now it looks like it maybe going into (irriversable) decline once again, and that we could possibly expect double digit decline figures by the end of the year. I've no idea if this has happened in pemex cantrell but it is interesting non the less. As for OPEC etc, it matt simmons is right, we are all doomed :p interesting article there, it doesn’t surprise me at all. No wonder the oil companies are running these add campaigns telling us we need to search for alternatives (lol). As for Mexico i seem to rememeber reading an article 6 months ago saying how the largest oil field in mexico went into decline in 1999 but they used massive injections of nitogren gas to prop up the field pressure and now it looks like it maybe going into (irriversable) decline once again, and that we could possibly expect double digit decline figures by the end of the year. I’ve no idea if this has happened in pemex cantrell but it is interesting non the less. As for OPEC etc, it matt simmons is right, we are all doomed :p

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