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I'm an idiot so I'll jump in here.

Not a hugely well informed opinion but as I understand it aren't the Arabs currently flooding the market with cheap oil to break the companies engaged in fracking? The world oil price currently being offered will wipe them out and, Hoozah! the Arabs will raise prices again?

11-06-2014 , 05:00 PM

#177

2/325Falcon

Conehead

Join Date: Aug 2005 Posts: 21,907

Quote:

Originally Posted by 2/325Falcon

Bump. Is Jiggs a mod yet or what.

11-06-2014 , 06:13 PM

#178

DougL

Too helpful for this post

Join Date: Sep 2002 Posts: 21,810

Quote:

Originally Posted by JiggsCasey

also that I "make everything about peak oil." ... The latter is patently false, though I do admit it's a recurring theme when it truly fits the subject matter.

Here's a totally fair suggestion, you stay banned until we hit peak oil. At that point, maybe we lobby for you to be mod. (by we, I mean you and I. I don't love our chances, btw.)

11-09-2014 , 10:13 PM

#179

2/325Falcon

Conehead

Join Date: Aug 2005 Posts: 21,907

Quote:

Originally Posted by 2/325Falcon

Maybe we could have a Peak Oil Playground forum.

10-05-2016 , 03:19 PM

#180

JiggsCasey

Carpal \'Tunnel

Join Date: Jan 2009 Posts: 7,275

Quote:

Originally Posted by DougL

Here's a totally fair suggestion, you stay banned until we hit peak oil. At that point, maybe we lobby for you to be mod. (by we, I mean you and I. I don't love our chances, btw.)

we already are there ... It hit 2005-2008, by the C+C definition of oil. ... The only production "growth" since then has come from 3x as expensive bitumen and kerogen formations. They're only viable at a price point the public has proven over and over again it can't afford. ... The wave of bankruptcies in the US oil patch proves beyond any reasonable doubt that new oil is way too expensive to harvest. That IS peak oil.

US production is down 11% since summer 2015. The industry will not be able to lure blind investment the next time around, even when prices rise. Sorry.

10-05-2016 , 04:29 PM

#181

2/325Falcon

Conehead

Join Date: Aug 2005 Posts: 21,907

Quote:

Originally Posted by ikestoys

JIIIIIGGGGGGSSSSSSSSSSSSSS

10-05-2016 , 05:04 PM

#182

Bobo Fett

Carpe Diem

Join Date: May 2006 Posts: 56,920

Quote:

Originally Posted by JiggsCasey

Doug is going to sleep sooo much better tonight, having finally received the reply he waited almost 2 years for.

Edit to add: I see that this thread is locked now, and while that's probably a good idea, I wanted to say it wasn't me getting in the last word and then locking. That would be mean.

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