Peak Oil or Unlimited Oil ?
There is a belief in Hubbert's Peak Oil theory which is based on the finite Biogenic Theory for the origins of oil. There also exists the Rusiian Ukrainian Theory or The Abiotic Theory of oil, which maintains that oil comes from below the Earth's crust and seeps upwards as a thermodtnamic event. Which theory do you believe?
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The Doomers forecasted Peak Oil for 1999, then 2002, then "mid-2000's" and some of them say we've already passed it. In the meantime, more and more oil keeps being found and more and more of it becomes recoverable due to advances in technology. At what point will the energy required to get oil known to be there bec...
Posted 50 days ago
Rob Hopkins: Transition to a world without oil Added by Zand Craig on November 25, 2009 at 11:08am http://www.ted.com Rob Hopkins reminds us that the oil our world depends on is steadily running out. He proposes a unique solution to this problem -- the Transition response, where we prepare ourselves for life without oil and sacrific...
Posted 281 days ago
link http://7thgenerationproject.ning.com
Article written by Alan von Altendorf. Kudos to Seeking Alpha for distribution. This is a long article on the subject of oil and gas reserves and due diligence. My purpose is to alert you to the revision of SEC Regulation S-K and Regulation S-X effective January 1, 2010. Concealed in a handful of benign new regs is a financial truck...
Posted 284 days ago
link http://seekingalpha.com