MikeSmith wrote: This will be a quick update. I need to leave for Dallas in a few minutes.
From http://www.worldnetdaily.com/news/article.asp?ARTICLE_ID=38645
An intriguing theory now permeating oil company research staffs suggests that crude oil may actually be a natural inorganic product, not a stepchild of unfathomable time and organic degradation. The theory suggests there may be huge, yet-to-be-discovered reserves of oil at depths that dwarf current world estimates.
The theory is simple: Crude oil forms as a natural inorganic process which occurs between the mantle and the crust, somewhere between 5 and 20 miles deep. The proposed mechanism is as follows: {follow the link}
This article is sad. I can't believe than anyone would take this seriously. I guess that it takes all kinds of people to make the world go around.
I see that Big Oil is at it again. I guess the Economic theory of Supply and Demand is really being seen in the recent rise of the price of crude. Naturally, if we cut consumption then Refinery production has been reduced. Therefore, Big Oil doesn't need to purchase as much Crude thus creating a decrease in the inventory. Personally, I call it market manipulation.
* This post was
edited 08/14/08 05:40am by cdc *
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MikeSmith wrote: This will be a quick update. I need to leave for Dallas in a few minutes.
From http://www.worldnetdaily.com/news/article.asp?ARTICLE_ID=38645
An intriguing theory now permeating oil company research staffs suggests that crude oil may actually be a natural inorganic product, not a stepchild of unfathomable time and organic degradation. The theory suggests there may be huge, yet-to-be-discovered reserves of oil at depths that dwarf current world estimates.
The theory is simple: Crude oil forms as a natural inorganic process which occurs between the mantle and the crust, somewhere between 5 and 20 miles deep. The proposed mechanism is as follows: {follow the link}
This article is sad. I can't believe than anyone would take this seriously. I guess that it takes all kinds of people to make the world go around.
Believe what you want to believe. I cannot believe there were that many dead dinosaurs at the North Pole to account for the massive amounts of oil at the north pole. Logically, it just doesn't make sense. Adding the fact that petrochemicals, like methane, are common in our solar system {on other planets and moons}, and I tend to believe that oil is not biologically based material.
cdc wrote: I see that Big Oil is at it again. I guess the Economic theory of Supply and Demand is really being seen in the recent rise of the price of crude. Naturally, if we cut consumption then Refinery production has been reduced. Therefore, Big Oil doesn't need to purchase as much Crude thus creating a decrease in the inventory. Personally, I call it market manipulation.
Almost 10 billion fewer miles driven in US in May and there is a reduction in reserves being reported. Sure has me stumped.
MikeSmith wrote: This will be a quick update. I need to leave for Dallas in a few minutes.
From http://www.worldnetdaily.com/news/article.asp?ARTICLE_ID=38645
An intriguing theory now permeating oil company research staffs suggests that crude oil may actually be a natural inorganic product, not a stepchild of unfathomable time and organic degradation. The theory suggests there may be huge, yet-to-be-discovered reserves of oil at depths that dwarf current world estimates.
The theory is simple: Crude oil forms as a natural inorganic process which occurs between the mantle and the crust, somewhere between 5 and 20 miles deep. The proposed mechanism is as follows: {follow the link}
This article is sad. I can't believe than anyone would take this seriously. I guess that it takes all kinds of people to make the world go around.
Believe what you want to believe. I cannot believe there were that many dead dinosaurs at the North Pole to account for the massive amounts of oil at the north pole. Logically, it just doesn't make sense. Adding the fact that petrochemicals, like methane, are common in our solar system {on other planets and moons}, and I tend to believe that oil is not biologically based material.
We have just completed our trip through Canada and Alaska. While filling up our rig in Stewart, BC, the other day, I saw the following info posted on the gas pumps: The price of fuel consists of the following, Crude Oil 48% Refining and marketing 17%,Dealer profit 3%, TAXES 32%. Maybe this is why regular gas sells for around $5.60 Gallon. We will be so glad to be back in the good old USA. Ronnie
MikeSmith wrote: Believe what you want to believe. I cannot believe there were that many dead dinosaurs at the North Pole to account for the massive amounts of oil at the north pole. Logically, it just doesn't make sense.
1. Oil is not from dinosaurs, but from ancient plankton and such. There was (and still is) a lot of that stuff in the oceans.
2. Plate tectonics. Stuff that is at the pole now was not always at the pole.
There are a bunch of other problems with the deep earth oil source theory, but they get technical quite fast. Let's just say I am very skeptical.
Just a note for anyone traveling through Oregon. Do anything you can to NOT buy gas in Roseburg area. Roseburg is about 90 North of Medford and about 75 miles south of Eugene, right on Interstate 5.
Our gas is aproximately 30 cents a gallon higher than other parts of the state. We recently took a 1,100 miles motorcycle ride to Eastern Oregon, then north and back down toward Roseburg. Out in the middle of nowhere Preminum gas was $3.99 a gallon. The highest we paid was $4.06. While back in Roseburg it remains at $4.29 to $4.39.
I write this because a few days ago someone wrote a letter to the editor and confirmed exactly what I said here. They too were on a roadtrip and noticed that gas was cheaper, way cheaper in most of the state.
So if you are traveling through Oregon on the I-5, gas up in Medford or try and make it to Eugene, do you best to bypass Roseburg. Even this tiny little one station town of Elkton has gas 30 cents cheaper than Roseburg. It's a clear case of being ripped off and this time it's someone other than the big oil companies.
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