Yahoo !!! Gas crisis Over

[MicroPilot]

...The theory that oil came from dinasours doesn't add up either. If this is true, how many dinasours had to die to create all that oil? I can't do the math, but even over millions of years, that's allot of dead animals that somehow turn to oil and work it's way down thousands and thousands of feet into the core of the planet....

The theory goes it wasn't actually the animals it was the plants...

I read an article not too long ago about the dead stuff making oil theory being false, and in support of this the article talked about a russian geologist who has had some success finding oil in the fractured rocks from meteor strikes.

I believe this was a Scientific American or Popular Mechanics article from a few years ago. I'll try to find the source and post back if I do.

 

[MossRoad]

that's why we need to find more of it in the US.

One thing about that, Mike. Just because we find oil in the U.S. does not mean it will be sold here. If private companies drill for private oil on private property they can sell it to the highest bidder. The only way to guarantee that U.S. pumped oil stays in the U.S. is for the U.S. government to take control of it. Socialized petroleum.

By the way, I have heard that the majority of oil pumped through the Alaskan pipeline is sold to foreign countries. However, I cannot substantiate that rumor. Can anyone post any links to where Alaskan oil currently goes?

 

[JimmieT]

The theory that oil came from dinasours doesn't add up either. If this is true, how many dinasours had to die to create all that oil?
Eddie

ALL of them...

 

[MossRoad]

ALL of them...

Oh, man... a logical man chimes in.

(very good one! )

 

[MikePA]

One thing about that, Mike. Just because we find oil in the U.S. does not mean it will be sold here. If private companies drill for private oil on private property they can sell it to the highest bidder. The only way to guarantee that U.S. pumped oil stays in the U.S. is for the U.S. government to take control of it. Socialized petroleum.

By the way, I have heard that the majority of oil pumped through the Alaskan pipeline is sold to foreign countries. However, I cannot substantiate that rumor. Can anyone post any links to where Alaskan oil currently goes?

The US Government doesn't need to take control of it, just make it more advantageous to sell it here versus overseas, just like any other export.

 

[MicroPilot]

Some interesting reading if you google abiogenic oil.

Basically it seems both theories are correct. Oil does come from ancient remains of plankton, and is produced naturally.

 

[dooleysm]

The US Government doesn't need to take control of it, just make it more advantageous to sell it here versus overseas, just like any other export.

To do this the government can either subsidise domestic oil or put tariffs on foreign oil. In either case we the people will be paying for it.

The only way an increase in domestic oil production is going to lower the price of a barrel of oil is by increasing supply. Same affect as exploiting new deposits of foreign oil. The only difference is that the US government or (hopefully) US citizens will benefit from the sale of the oil.

 

[skargo]

One thing about that, Mike. Just because we find oil in the U.S. does not mean it will be sold here. If private companies drill for private oil on private property they can sell it to the highest bidder. The only way to guarantee that U.S. pumped oil stays in the U.S. is for the U.S. government to take control of it. Socialized petroleum.

By the way, I have heard that the majority of oil pumped through the Alaskan pipeline is sold to foreign countries. However, I cannot substantiate that rumor. Can anyone post any links to where Alaskan oil currently goes?

the Trans-Alaskan Pipeline Authorization Act of 1973 requires that ALL of the oil must be sent to US refineries.
Not sure where it goes FROM the refineries though.

Trans-Alaska Pipeline Authorization Act of 1973, United States - Encyclopedia of Earth

 

[EddieWalker]

Please elaborate how oil is replenishing itself???

I'm not saying this is fact, just that I've heard it on the radio and on the local news broadcast.

I also heard that Nancy Palocy is making six figures a year off of T Boone Pickets company and his push for wind energy. Which is also a big farce. The only reason anybody is building wind farms is because the government is paying them to do so. They do not produce consistant energy and you cannot store the energy that they do produce. They also cost more to maintain then they generate in electricity, not counting the cost to buy and install the stupid things. Wind is a joke, unless you are the person selling it to others.

As for how long it takes to get the oil, that's just a trick to misdirect you away from the real issue. THe price of oil has nothing to do with how much of it there is, but the perceived notion of how much will be available. If allot more oil is going to become available, like when you drill for it, then the price will go down because nobody wants to pay top dollar for something that will drop in value when more of it becomes available.

If the plants are where the oil came from and not the dinasours, then this process should never have stoped. It should be going on to this day. We still have plants and plants are still dying and decaying into the planet. Of course, how a plant goes from dying and drying up to dust, to become oil is really gonna be tough for me to comprehend. Somehow I think that if we took one billion tons of plant matter and set it out in the desert on a very large plastic tarp, we wouldn't get one tiny spec of oil or an oil byproduct.

If all the dinasours died to creat oil, what made the oil that killed the dinasours in the LaBrea Tar Pits in Los Angeles? There are all sorts of them that have been found in there that died from getting traped in the tar. Did the tar, and oil product, create itself really fast back then so that it could trap animals so that they could in turn make more oil? That makes about as much sense as anything else.

Eddie

 

[MikePA]

It's also just theory that fossil fuels came from fossils and the supply is therefore limited.