Russian Oil

[BillBoard]

Mostly a lurker, too poor for premium itulip.

Take a look at this paper, astonishing claims about Russian deep wells.

http://www.behindthewizardscurtain.c...atomyofcon.pdf

[Shakespear]

Re: Russian Oil

This is the story of "“abiotic oil”. OK, from a life experience as a petroleum engineer I can tell you that all the fields that eventually reached terminal production and were sold to stripper operators did not suddenly find these field replenished with "primordial oil". Hence, a field that "died" (using a none engineering term here) stayed "dead".

Now, the the "primordial source" may exist, but its filling rate of fields found in the past is so slow that we have no hope to see these fields refilled. Unless we find the magic means to speed this up. :p:p:p:p

PS: This is good also

John Truman Wolfe is the author of several award winning fiction and non‐fiction books and
articles including, “The Financial Crisis: A Look Behind the Wizard’s Curtain”, America the
Litigious, Mind Games, The Gift and his latest stunning release – Crisis By Design: The Untold
Story of the Global Financial Coup and What You Can Do About It.
He has been a senior credit officer for two California banks: one in the San Francisco Bay Area,
the other in Beverly Hills and is the co‐founder of a prestigious Los Angeles based business
management company, where, as a registered investment advisor, he oversaw the financial and
investment matters of some of the biggest names in Hollywood.
Shortly after the fall of Communism, John made several trips to Moscow giving seminars to
leading bankers and senior members of the Russian government. In recognition of his work,
government officials commissioned a sculpture of his bust by the noted Russia sculptor Sergi
Bychkov, which resides in the Hall of Heroes of the Ministry of Internal affairs.
He has a Master’s Degree with Honors from San Jose State University and is the former
Chairman of the Department of History at John F. Kennedy University.

and this

government officials commissioned a sculpture of his bust by the noted Russia sculptor

[BillBoard]

Re: Russian Oil

Bard of Avon, did you read the paper? Or just cast it aside and made your comments? I personally liked the style and delivery, and I am sure the claims can be verified easily, no?

[GRG55]

Re: Russian Oil

Bard of Avon, did you read the paper? Or just cast it aside and made your comments? I personally liked the style and delivery, and I am sure the claims can be verified easily, no?

He's a petroleum engineer...as am I. We've heard all about this stuff going back many years now.

The Russians are excellent technicians...which they had to be to drill to these depths and recover samples [if that is what they actually did - if you've ever set eyes on a Russian drilling rig you'd understand why I would say this ].

But just like the subject of climate change, there are those of us [including me] who are abiotic oil sceptics, and then there are those who believe passionately that abiotic oil is real...and no it's anything but easy [or cheap] to verify the Russian claims and close the gap between those two camps.

[Shakespear]

Re: Russian Oil

So far nothing much in Petroleum Industry about "“abiotic oil” and to confirm these 300+ deep wells production rates in Russia one would need to talk to the KGB. Unlikely they will volunteer the data.

The other issues mentioned are not areas where I have direct experience or deeper knowledge, hence I would be commenting on what I "believe" which is not useful.

I will agree though that the degree of manipulation today is staggering in how visible it is. The simple explanation is that it just can't be hidden any more as those doing it think that they can do what they like. Hence the last pandemic scare of Swine Flue. Where did that Pig go?

[BillBoard]

Re: Russian Oil

Where did that Pig go?

I think I had some of it this morning for breakfast. Achoo....

[BillBoard]

Re: Russian Oil

But just like the subject of climate change, there are those of us [including me] who are abiotic oil sceptics, and then there are those who believe passionately that abiotic oil is real...and no it's anything but easy [or cheap] to verify the Russian claims and close the gap between those two camps.

I am wondering, what would be the implications and consequences if in fact oil is created by an abiotic process. Run away planetary destruction?

[MulaMan]

Re: Russian Oil

I am wondering, what would be the implications and consequences if in fact oil is created by an abiotic process. Run away planetary destruction?

Consequences would be similar to those created by Russia's prior discovery of abiotic vodka.

[GRG55]

Re: Russian Oil

I am wondering, what would be the implications and consequences if in fact oil is created by an abiotic process. Run away planetary destruction?

I suppose that would the case if you thought oil is a "bad thing", and mankind completely incapable of managing its use.

But I wouldn't worry too much just yet. The conspiracy theory explanations for why its only the Russians that have abiotic oil are total rubbish.

The Russians aren't the only people on earth with the creativity, technical skills, and financial incentive to go find an abundant new source of oil. And since nobody else has proved it, and the Russians aren't talking...;)

[ThePythonicCow]

Re: Russian Oil

This is the story of "“abiotic oil”. OK, from a life experience as a petroleum engineer I can tell you that all the fields that eventually reached terminal production and were sold to stripper operators did not suddenly find these field replenished with "primordial oil". Hence, a field that "died"

I think you do BillBoard's post a disservice, sir.

The paper he posts makes several important points, regarding carbon emissions, carbon credit markets, biofuels, the environment, political and financial scams, and such. It is a good read and I encourage others to read it.

Nothing in the paper depended substantially on oil fields replenishing at commercially useful rates from some abiotic source. To discredit the entire paper for something which is implicit or barely suggested and which was not significant to its points is an unfortunate distraction in my view.

The paper ties together various scams that de-industrialize the West, destroy major swaths of the environment and exterminate thousands of species through deforestration and fertilizer run-off into the oceans, and make a few investors such as at Goldman Sachs rich beyond all dreams, all based on a fabric of lies built over decades.

It's a good read.

[GRG55]

Re: Russian Oil

Mostly a lurker, too poor for premium itulip.

Take a look at this paper, astonishing claims about Russian deep wells.

http://www.behindthewizardscurtain.c...atomyofcon.pdf

BillBoard: One of the more prominent advocates of abiotic oil...actually an advocate that there is a bacterial biosphere deep in the earth that dwarfs that which lives on the surface, and oil is but one of its byproducts...was the late Cornell physicist and astronomer Thomas Gold.

He described his theory in a book titled "The Deep Hot Biosphere: The Myth of Fossil Fuels" published in 1999 [Gold died in 2004]. Here's a link to the Google Books preview if you are interested.

And here's a link to a Wired interview he did on the subject.

Also, don't get discouraged if some of us inadvertently trash one of your postings One purpose of this site is to promote inquiry, investigation, new ways of looking at things, so your contributions are important to us.

[GRG55]

Re: Russian Oil

I think you do BillBoard's post a disservice, sir.

The paper he posts makes several important points, regarding carbon emissions, carbon credit markets, biofuels, the environment, political and financial scams, and such. It is a good read and I encourage others to read it.

Nothing in the paper depended substantially on oil fields replenishing at commercially useful rates from some abiotic source. To discredit the entire paper for something which is implicit or barely suggested and which was not significant to its points is an unfortunate distraction in my view.

The paper ties together various scams that de-industrialize the West, destroy major swaths of the environment and exterminate thousands of species through deforestration and fertilizer run-off into the oceans, and make a few investors such as at Goldman Sachs rich beyond all dreams, all based on a fabric of lies built over decades.

It's a good read.

The thread is titled "Russian Oil". The only comment that was attached to the original post was about "deep [oil] wells". I don't think you can fault anyone for focussing, and responding, to only that aspect of the claims...

[bill]

Re: Russian Oil

The Russians aren't the only people on earth with the creativity, technical skills, and financial incentive to go find an abundant new source of oil.

http://www.mcmoran.com/pdf/2010/012010.pdf

http://www.rigzone.com/NEWS/article.asp?a_id=85985

[BillBoard]

Re: Russian Oil

Also, don't get discouraged if some of us inadvertently trash one of your postings One purpose of this site is to promote inquiry, investigation, new ways of looking at things, so your contributions are important to us.

No sweat GRG55.

I rather mostly lurk since I feel I do not have much to contribute. You could easily graduate from itulip with a Ph D in economics just by lurking.

No offense taken.

[bill]

Re: Russian Oil

[quote=BillBoard;149488]I rather mostly lurk since I feel I do not have much to contribute. [quote]


Maybe more lurkers need to post. Thanks for the post.
Carbon market, no stopping it! Higher oil price, yes. Carbon tax, yes. (BTW they just put the smart meter in my house last week).
What this guy doesn’t tell you is this.
http://www.itulip.com/forums/showthr...33297#poststop

bill 04-10-08, 08:59 AM
As a historian Dr. Hudson makes an excellent point in this interview the US is the only country acting in its self-interest. What he doesn’t say is how the US will continue that policy without loosing global support. Self-interest is simply performing the leadership role and if you can entice everyone to play along the game goes on. Many years the game for the US has been oil and that is about to change. When oil becomes a problem for the US as it is now you can count on new US policy to make it everybody’s problem. Implementing a carbon tax on oil makes it everybody’s problem and the solution is nuclear to be controlled by US and partners. Oil is not only a depleting resource it is a dirty polluting global warming problem and needs a favorable and effective alternative. Forward thinking oil companies will not only start nuclear departments or division to develop nuclear power they will encourage government incentives promoting nuclear expansion. Oil companies will take advantage adding nuclear infrastructure to their mix and some day could be the dominate player in the nuclear industry.
The dollar needs a new resource one that can take on a similar role of oil. A controllable resource with few competitors, limited resource extraction, energy security, completely controlled processing, strict distribution management, enhanced environmental friendly product, and waste control management. Thus US promoting its self-interest once again as the master controller of enriched uranium fuel for nuclear energy. In the name of security and global warming the US and selected partners are setting the stage for full control of enriched uranium. That’s what I call a reserve currency booster! http://www.itulip.com/forums/showthr...5909#post25909

I would not violate and f*#k with this policy

http://www.whitehouse.gov/the-press-office/remarks-president-state-union-address
State of the Union Address
January 27, 2010
　
But to create more of these clean energy jobs, we need more production, more efficiency, more incentives. And that means building a new generation of safe, clean nuclear power plants in this country. (Applause.)
　
I know there have been questions about whether we can afford such changes in a tough economy. I know that there are those who disagree with the overwhelming scientific evidence on climate change. But here's the thing -- even if you doubt the evidence, providing incentives for energy-efficiency and clean energy are the right thing to do for our future -– because the nation that leads the clean energy economy will be the nation that leads the global economy. And America must be that nation. (Applause.)
　
Now, even as we prosecute two wars, we're also confronting perhaps the greatest danger to the American people -– the threat of nuclear weapons. I've embraced the vision of John F. Kennedy and Ronald Reagan through a strategy that reverses the spread of these weapons and seeks a world without them. To reduce our stockpiles and launchers, while ensuring our deterrent, the United States and Russia are completing negotiations on the farthest-reaching arms control treaty in nearly two decades. (Applause.) And at April's Nuclear Security Summit, we will bring 44 nations together here in Washington, D.C. behind a clear goal: securing all vulnerable nuclear materials around the world in four years, so that they never fall into the hands of terrorists. (Applause.)
Now, these diplomatic efforts have also strengthened our hand in dealing with those nations that insist on violating international agreements in pursuit of nuclear weapons. That's why North Korea now faces increased isolation, and stronger sanctions –- sanctions that are being vigorously enforced. That's why the international community is more united, and the Islamic Republic of Iran is more isolated. And as Iran's leaders continue to ignore their obligations, there should be no doubt: They, too, will face growing consequences. That is a promise. (Applause.)