Oil NOT a fossil fuel?

#4
#4
KB5252 said:
please explain!
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He means that as long as oil companies continue to drill at the depths and locations they currently do, the notion that oil is consistently produced deep within the Earth doesn't mean anything... oil companies won't go down and get that oil.

The reality is that if the theory is correct, some investors could make some good money digging deeper in valuable locations for oil we didn't know it existed... raising production, and beating down the price.
 
#5
#5
rwemyss said:
He means that as long as oil companies continue to drill at the depths and locations they currently do, the notion that oil is consistently produced deep within the Earth doesn't mean anything... oil companies won't go down and get that oil.

The reality is that if the theory is correct, some investors could make some good money digging deeper in valuable locations for oil we didn't know it existed... raising production, and beating down the price.
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Thank you.
 
#6
#6
rwemyss said:
The reality is that if the theory is correct, some investors could make some good money digging deeper in valuable locations for oil we didn't know it existed... raising production, and beating down the price.
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Also, the idea that the Earth makes a continuous supply of oil would certianly go a long way in reducing worries over supply.
 
#7
#7
allvol123 said:
Also, the idea that the Earth makes a continuous supply of oil would certianly go a long way in reducing worries over supply.
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Definitely. I certainly don't disagree either. If the Earth made oil at one point, from WHATEVER material, biological or not, doesn't it stand to reason that it continues to produce from that material?

The real crux is the question of whether or not deep Earth oil production can/will keep up with world oil demand.

It really makes sense now, the saudis had indicated years ago their oil fields were depleting, then suddenly they weren't. The explanation was better exploration, but this answer makes tons of sense as well... the oil continues to flow up from deep faults into the existing oil fields.
 
#8
#8
well my understanding was the earth does create a continuous supply of oil but it just takes millions of years to do it.
 
#10
#10
but also isn't there a theory that the oil we have today is due to a massive amount of volcanic eruptions 200 mill years ago and therefore not a repeatable event?
 
#11
#11
droski said:
well my understanding was the earth does create a continuous supply of oil but it just takes millions of years to do it.
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That is what we have all been told for some time but just as is the case with science much of the time, issues that were considered explained or settled quite often are not.
 
#12
#12
droski said:
well my understanding was the earth does create a continuous supply of oil but it just takes millions of years to do it.
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... is that not an oxymoron?

"Continuous supply..." vs. "takes millions of years."

Seriously, why would it take millions of years, when it is reproducible in a lab in mere days/weeks/months, whatever.

The proper temperatures and pressures are there, the only question is are the proper MATERIALS there. Based on this hypothesis, they are.
 
#13
#13
droski said:
well my understanding was the earth does create a continuous supply of oil but it just takes millions of years to do it.
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In essence, the millions of years part would be irrelevant as long as it made it faster than we consumed it. Conceivably, it makes it everyday and thus the length of time it took to make it does not matter as long as the rate of making it does not decline and we do not exceed on a daily basis what it makes on a daily basis.
 
#14
#14
allvol123 said:
In essence, the millions of years part would be irrelevant as long as it made it faster than we consumed it. Conceivably, it makes it everyday and thus the length of time it took to make it does not matter as long as the rate of making it does not decline and we do not exceed on a daily basis what it makes on a daily basis.
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Which is still the crux of this matter than I'm unsure of.
 
#15
#15
rwemyss said:
... is that not an oxymoron?

"Continuous supply..." vs. "takes millions of years."

Seriously, why would it take millions of years, when it is reproducible in a lab in mere days/weeks/months, whatever.

The proper temperatures and pressures are there, the only question is are the proper MATERIALS there. Based on this hypothesis, they are.
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all good points. i am not a scientist. :)
 
#20
#20
allvol123 said:
Yea, I just can't believe I have never heard of any of this before. Interesting stuff.
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Definitely.
VolDad said:
If it is on the Internet.....it must be true!
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You don't believe that using this theory the Russians became one of the world's largest oil producers?

Also, the theory is sound. Unless you have a fact that can debunk it, which the engineer who wrote the article has missed.
 
#22
#22
droski said:
:) i'm no commodities expert, but i do have a license. It's kind of like giving a 16 year old a porche. thankfully i know enough to not drive it.
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Dude you add plenty of great insight to the board with your knowledge on that stuff. Just stay away from football. :)
 
#23
#23
allvol123 said:
Yea, I just can't believe I have never heard of any of this before. Interesting stuff.
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Kinda where I was at when I came across it. I'm not even saying it's true but I'm quite surprised I hadn't run across the idea before now. It seems like one of those things that would either be scientifically dismissed or brought to the fore by the implications that could be associated with it being true. When I get time I'm gonna have to look into this one some more.
 
#25
#25
allvol123 said:
Dude you add plenty of great insight to the board with your knowledge on that stuff. Just stay away from football. :)
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I thought Cal's national championship last year would put all those comments to rest. . . oh wait. :cray:
 
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