Obama Wrong on Drilling... We Drilled Our Way Out of the Problem (solution, companies)

[WaldoKitty]

Originally Posted by tb4000

This is why the rest of the world laughs at us.

They aren't laughing when they buy our oil and gasoline.

[DRob4JC]

Originally Posted by atltechdude

Has already been answered. Decomposing organic matter.

So does decomposing organic matter ever cease? Things and people die on a daily basis.

[atltechdude]

Originally Posted by DRob4JC

So does decomposing organic matter ever cease? Things and people die on a daily basis.

Yes things die every day, they also take a long time to decompose under the temperature and pressure conditions that result in the formation of oil. This fact seems hard for you to understand.

[DRob4JC]

Originally Posted by desertdetroiter

We haven’t drilled our way out of anything.

Of course not...

Originally Posted by Finn_Jarber

Maybe the OP does not use any gas. The rest of us who do, know gas is very expensive today.

Prices are within reason. What's normal is for barrel prices to be between $35 and $90 per barrel.

[bawac34618]

He was right if you are only considering the conventional drilling methods that were common when he made the statement.

Technological advancements that allow us to tap into oil that was previously impossible to pump is what has saved us.

[Finn_Jarber]

Originally Posted by DRob4JC

Of course not...

Help us understand how the problem of high gas prices has gone away, when gas is actually very expensive.

[DRob4JC]

Originally Posted by atltechdude

Yes things die every day, they also take a long time to decompose under the temperature and pressure conditions that result in the formation of oil. This fact seems hard for you to understand.

THEN... it is not a finite resource as you previously stated.

We may extract it faster than it is made, but it is not a finite resource.

[mikeyyc]

Originally Posted by DRob4JC

So does decomposing organic matter ever cease? Things and people die on a daily basis.

No it never ends, but you need a large enough volume, and more just as important, time. So yes, the Amazon will likely be a prolific oilfield in year 10,000,002,050 or so.

[dsjj251]

Originally Posted by WaldoKitty

Sarah Palin proved them all wrong.



"Drill Baby Drill".


#MAGA

You still haven't put up the Obama quote you were asked to provide

[atltechdude]

Originally Posted by DRob4JC

THEN... it is not a finite resource as you previously stated.

We may extract it faster than it is made, but it is not a finite resource.

A logic fail here.

Yes, we are extracting it at a rate far faster than it is made.

What does that mean?

It means that the supply is diminishing as long as the extraction rate is greater.

What does that mean?

It means the the supply will eventually go down to zero.

What does that mean?

It means that the resource availability will end at that point.

What does that mean?

It means that the resource availability is finite at the current extraction rate.