EngineerPaul’s Activity

Tue Mar 3

NL

Boards Post

EngineerPaul replied to the Peak Oil Party board. 4:31 PM

Re: We are now swimming in oil

"Of course, that technology has only been applied extensively in the USA, or on about 6% of the world's landmass."

That is a great point that I have considered, although even at high prices, some regions (thinking of Europe here) [more]

NL

Boards Post

EngineerPaul replied to the Peak Oil Party board. 4:28 PM

Re: We are now swimming in oil

"Once you let go of the notion that recoverable supplies are fixed by geology, Peak Oil doesn't have a lot to offer that isn't already well understood in conventional economics - and thus isn't either interesting or of any real importance to [more]

NL

Boards Post

EngineerPaul replied to the Peak Oil Party board. 4:24 PM

Re: We are now swimming in oil

"Don't mistake something predictable and repeatable for luck."

Is there an infinite amount of oil in the ground, which would suggest the finding new avenues to pull it out of the ground is predictable and repeatable? Otherwise, the [more]

Mon Mar 2

NL

Boards Post

EngineerPaul replied to the Peak Oil Party board. 11:16 AM

Re: We are now swimming in oil

"I suppose you can defend Hubbert's work by saying it only applied to the type of production possible in his day, but that really only serves to highlight just how irrelevant his curves really are."

Producing a reasonably accurate [more]

Thu Feb 26

NL

Boards Post

EngineerPaul replied to the Mining and Metals board. 12:02 PM

Re: 2 oz gold per Iwatch

That seems like a very high number, but I suppose they can do whatever they want. A link featured at the bottom of the article puts the number around 2/3 oz, not including the clasp and hardware. There is probably some interplay between making it [more]

Fri Feb 20

NL

Boards Post

EngineerPaul replied to the Oil and Gas board. 11:21 AM

Re: oil at 35?

This wouldn't surprise me too much. It seems like a number of oil companies have stated that they can weather the low-price storm by focusing on drilling their lowest cost opportunities as a way of maintaining or even increasing revenue. I have [more]

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