Re: some more oil facts
>Great Post. Lots of factoids. I still wonder about the oil sands article I posted recently. Any idea how that fits in to the picture you've posed? Anybody you're referencing mention oil sands in their calculations?>Great Post. Lots of factoids. I still wonder about the oil sands article I posted recently. Any idea how that fits in to the picture you've posed? Anybody you're referencing mention oil sands in their calculations?>Great Post. Lots of factoids. I still wonder about the oil sands article I posted recently. Any idea how that fits in to the picture you've posed? Anybody you're referencing mention oil sands in their calculations?>I've been reading about Peak Oil issues for about 2 years now after being tipped off in this very forum. I take it pretty seriously and expect the effects to manifest in the latter half of this decade (if you don't count Katrina as a preview).The Alberta oil sands aren't going to help much, from what I understand. The more optimistic projections for oil sands production is about 4 million barrels/day by 2020. Compare that with the current world usage of over 80 million barrels/day and it is clear we can't depend on the oil sands to sustain current oil demand.Currently most of the energy needed to liquefy the oil sands product into usable crude oil is from natural gas power. Since natural gas is even more in shortage than oil currently in North America, it can't be depended on for use on a massive scale in the oil sands projects in Alberta. One proposal I've seen discussed is building nuclear power plants up there just to provide the power needed for the oil sands facilities.Apparently the technology for such oil sand extraction has been available for a couple of decades but is only now becoming economically feasible, now that we're running short on other alternatives. You can see more on this subject at the following link - http://www.lifeaftertheoilcrash.net/SecondPage.html#anchor_77Ken
K
krm2
(view)
>Great Post. Lots of factoids. I still wonder about the oil sands article I posted recently. Any idea how that fits in to the picture you've posed? Anybody you're referencing mention oil sands in their calculations?>Great Post. Lots of factoids. I still wonder about the oil sands article I posted recently. Any idea how that fits in to the picture you've posed? Anybody you're referencing mention oil sands in their calculations?>Great Post. Lots of factoids. I still wonder about the oil sands article I posted recently. Any idea how that fits in to the picture you've posed? Anybody you're referencing mention oil sands in their calculations?>I've been reading about Peak Oil issues for about 2 years now after being tipped off in this very forum. I take it pretty seriously and expect the effects to manifest in the latter half of this decade (if you don't count Katrina as a preview).The Alberta oil sands aren't going to help much, from what I understand. The more optimistic projections for oil sands production is about 4 million barrels/day by 2020. Compare that with the current world usage of over 80 million barrels/day and it is clear we can't depend on the oil sands to sustain current oil demand.Currently most of the energy needed to liquefy the oil sands product into usable crude oil is from natural gas power. Since natural gas is even more in shortage than oil currently in North America, it can't be depended on for use on a massive scale in the oil sands projects in Alberta. One proposal I've seen discussed is building nuclear power plants up there just to provide the power needed for the oil sands facilities.Apparently the technology for such oil sand extraction has been available for a couple of decades but is only now becoming economically feasible, now that we're running short on other alternatives. You can see more on this subject at the following link - http://www.lifeaftertheoilcrash.net/SecondPage.html#anchor_77Ken
