PLEASE DON'T LET LINKS DETER YOU FROM READING THIS VERY IMPORTANT INFORMATION.

A just finished briefing generated some curiosity on what one organization sees regarding energy and it's/our future. There are several years of reports herein plus links to other areas of importance. There are other sources with information for sure but this just happened to be "on" today. Some very important worldwide businesses and people were involved in the briefing.

The last paragraph in this World Energy Outlook tends to get our attention. Please open and read it. It cannot be copied.

http://www.worldenergyoutlook.org/docs/w...nglish.pdf

Thoughts please.

The Home page of The International Energy Agency
http://www.worldenergyoutlook.org/2008.asp

tigertom Wrote:PLEASE DON'T LET LINKS DETER YOU FROM READING THIS VERY IMPORTANT INFORMATION.

A just finished briefing generated some curiosity on what one organization sees regarding energy and it's/our future. There are several years of reports herein plus links to other areas of importance. There are other sources with information for sure but this just happened to be "on" today. Some very important worldwide businesses and people were involved in the briefing.

The last paragraph in this World Energy Outlook tends to get our attention. Please open and read it. It cannot be copied.

http://www.worldenergyoutlook.org/docs/w...nglish.pdf

Thoughts please.

The Home page of The International Energy Agency
http://www.worldenergyoutlook.org/2008.asp

Drill baby drill. You betcha.

The US DoE gets about $25B/year. I'd like to see some return on that investment.

DrTorch Wrote:The US DoE gets about $25B/year. I'd like to see some return on that investment.

In governmentspeak....investment means stolen wages. I agree...I would love to see tangible return on taxation other than new buildings to house the new bureaucrats and their programs.

A bit of easier understanding .

http://www.chron.com/disp/story.mpl/busi...22264.html

We'll have to face this practical and pragmatic reality.

tigertom Wrote:A bit of easier understanding .

http://www.chron.com/disp/story.mpl/busi...22264.html

We'll have to face this practical and pragmatic reality.

I believe, as this article points out, that REALITY will sink in deep to the Office Of The President Elect. It has to the sitting members of Congress. Additionally, their constituents, having taken advantage of the return to Earth of fuel prices, will yank their chains IF they attempt to return to the fairy tale of "Alternative Energy" now. Admittedly, the different fuels will come. That is not the point.

THIS IS :"Oil and gas is the backbone of the American economy. It has been for many years; it will continue to be for many more years," said Mr. Gerard, who has been at API for just a few weeks. "We could quadruple what we're talking about in the area of alternatives and renewables that we're doing today, and what would that give us? About 3 percent of our energy production."

http://washingtontimes.com/news/2008/nov...-promises/

Keep on the Congress to not let this fall through the crack!!

.

You know I always love how "300 Mile And Hour and 1000 Horse Power 'Formula Race Cars', use Ethanol Based Fuels as their Supreme Fuel of Choice" and we need raggedy old Petroleum for our 90 Horse Flower Power 3-Cylinder Ugo's and VW Bugs ???

And the fact that Ethanol can be distilled or made FROM ANYTHING THAT WILL FERMENT, just is too Out There for our Scientist and Government to understand.

http://blogs.orlandosentinel.com/feature...index.html

No one will lose a single job ... Ethanol will still have to be Refined, Processed, and Piped to EVERYWHERE, so all you do is Retro-Fit your Refinery too also push Ethanol.

I have a Natural Gas Pumping Station only '2' Miles from my home that uses Pipes Large enough for me to Walk Thru (Florida Gas Company) .... they, not so often as they used too, but they also allow 'Other Liquids' to be Pumped thru their Piping System and no harm is done to the Pipes or the Natural Gas ... they actually use a Controlled Explosion to 'Clear the Pipes' and then start Pushing Natural Gas thru them again.

Why can't we get a Reality Grip on this ????

If people can Successfully run Illegal Moonshine Stills that produce Thousands of Gallons of pure 200 Proof "Shine" every year, why can't the U.S. Government Produce Millions of Gallons of the stuff ?????? Garbage Dumps are filled with rotting food that is Pure Perfect Ethanol in the Raw.

It ain't Rocket Science ...... its Grand Pappies MOONSHINE !!!

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We must find the other 60% of the worlds oil, We need to start now. The problem is that the oil companies know that using up the Middle East Oil first makes the future oil discovered worth more. Its obvious that last barrels of oil will be the most expensive. The oil companies also know that the profit can only be protected if they obstruct devlopement of alt. energy.

Quote:Probably most important for world oil policy, the Middle East does not have two thirds of all world oil reserves, as has long been claimed by the Saudis, the oil companies and the US Dept. of Energy. It only has two thirds of "proven" oil reserves which are far smaller than the potential reserves Jum'ah describes.


The two approaches are very different. DOE and the oil industry have relied on narrow estimates of proven reserves which are the basis of our foreign policy. USGS relies on a more scientific but virtually unknown estimate. If we rely more on the USGS than the oil industry, it is plain that:

* The Middle East does not have two thirds of the world's oil -- it has 54 percent of identified reserves, or, if you look at ultimately recoverable reserves, 39 percent.

* Kuwait -- not Iraq -- has the second largest identified oil reserves in the world with 99.4 billion barrels, compared to 96.5 for Iraq, according to USGS.

* Saudi Arabia may have one quarter of the world's identified oil reserves, as the oil industry claims, but it has only about 16 percent of all ultimately recoverable reserves, according to the USGS.

In the report that accompanies the reserve estimates, USGS did not include "unconventional" oil such as Venezuelan heavy crudes. However, the agency did say that these unconventional sources "are approximately equal to the Identified Reserves of conventional crude oil accredited to the Middle East."

In other words, according to the USGS, and employing a conservative estimate for unconventional oil, the Middle East probably has anywhere from 29 to 35 percent of ultimately recoverable world oil reserves -- not two thirds, as is commonly claimed by the oil industry.