« Energy Frontiers: The Energy Potential of Geopressurized Brine | Main | Were The Bilderbergers Discussing Peak Oil? »

May 22, 2005

TrackBack

TrackBack URL for this entry:
http://www.typepad.com/services/trackback/6a00d8341f5fbe53ef00d8346064c269e2

Listed below are links to weblogs that reference Answering a Peak Oil Skeptic:

Comments

Discount nfl jerseys

Im also skeptic about this. That is why my interest is on this.

authentic air jordan shoes

This post really had me thinking about this particular issue in way I havent before. Its something I do believe we need to talk about more. Thankyou...

security systems

Sometimes we make a big investment into something with high hopes that it is going to last and work as good as the advertisements.

Herve leger

There are wonderful mysteries out there in the natural world, then I leave some room for surprises.

Ben Cliff
..

dui lawyer arizona

Im also skeptic about this. That is why my interest is on this.

mbt

Economics is not my thing, so I will pass on the comment about the terror premium. I'll just say that some commentators believe that it is real.

New Balance 574

This post really had me thinking about this particular issue in way I havent before. Its something I do believe we need to talk about more. Thankyou.

gucci handbags

We all need fresh air.

louis vuitton handbags

We all need fresh air.

christian louboutin shoes

We all need fresh air.

chanel handbags

We all need fresh air.

christian louboutin

haha...It is so useful imformation for us to read...gogo..

mbt shoes


I love your blog very much, more more info, I will concern it again!

viagra online

I've been looking for THE perfect satchel bag and thanks to you, I think I've found a great place to search for one! As always I find new discoveries on your blog. Thanks! Is there anyway that you could e-mail that pattern to me? I have a friend who is having a birthday on March 21st and I just found your pattern today. She loves birds and this would be the perfect handmade gift for her.

Business Answering Service

There are wonderful mysteries out there in the natural world, then I leave some room for surprises.

Ben Cliff

financial spread betting

I'm a peak oil skeptic too. Would be interesting to see how the price of oil reacts if the UD turned off the printing presses.

dental health services

This information in this blog is very complete, showing photos help identify places that are spoken and I feel very good, thanks for that!

Arunabh Das

India definitely needs to go the solar and wind energy route to meet its energy requirements. - Arunabh Das

Arunabh Das

So does this mean we have hit peak oil or no?
- Arunabh Das

corsiingleseijn

There you go..
you shared the original site xD
A man will want to study [URL=http://formazione-lazio.italy-school.com]formazione lazio[/URL]
Organizza varano computer tradizionale tuo e dal nostri italiano corsi prezzi utenza ict vicino apprendisti linguaggi professionale finanziati finale link programma febbraio corsi for
mazione srl dimostrazioni..
And.... I want to harvest outstanding pages where presents http://corso-barman.italy-school.com/ - corso barman
May be We surf not enough :-/




Engineer-Poet

JLK:  Is there some reason for the bottom-to-top ordering of the comments?  It is extremely hard to read.

Jack

Thank you for explaining how refinery shortages account for high oil prices. I had been wondering about this myself, but didn't make the link.

However, I think there may be a piece of the puzzle missing. Refinery configurations have long been seen a key element in determining oil price spreads. A lack of refineries that are able to convert poor quality crudes to valuable products should shift demand from heavy crudes to light. Since commonly reported benchmark fuels (WTI, Brent) are relatively light and expensive, it may be that the headline oil prices have increased more than the median price.

It is also worth noting that the refining sector can not adjust rapidly to match supply and price changes. No new refineries have been build for over 30 years and I don't think there is much debottlenecking capacity remaining.

Any greenfield project developed now would not be producing for at least five years (if it could be developed) and, I believe, would have to earn refining margins at or near current rates for over ten years after that to breakeven.

CKR

Hi Nancy -

Yes, there is a lot of oil left. The question is whether it can be extracted economically. Right now it seems to my economically limited mind that pumping and refinery capacity along with political factors (like that little difficulty in Iraq) are more limiting than reserves.

Another way I disagree with the Peak Oilers that didn't come out in JLK's article is that I believe that rising oil prices will bring in alternative sources like the Canadian tar sands and nuclear power which will become more economic as they are developed in response to the need.

For some of my agreements, see my original article as linked by JLK or here: http://whirledview.typepad.com/whirledview/2005/05/peak_oil.html

nancy peters

Hi CKR,

I am relatively new to Peak Oil so I was very interested to see your response. However, it seems that you are saying that there still is a lot of oil left, which does not seem to be disputed by any peak oilers.
But perhaps I am misunderstanding you?

Also, what suggestions of Peak Oil do you see as worth taking seriously.

The comments to this entry are closed.

About The Editor

  • Searching For The Truth
    JLK is an intellectual property attorney living in the U.S. Northeast.

June 2010

Sun Mon Tue Wed Thu Fri Sat
    1 2 3 4 5
6 7 8 9 10 11 12
13 14 15 16 17 18 19
20 21 22 23 24 25 26
27 28 29 30