National Geographic: USA fracking will peak 2020!

[eclipsenow]

Environmental deniers need to understand that the earth's climate is fragile, and the resources that got us into this industrial phase are starting to peak.

Why was the price of oil going up? High demand, lower quality resources.

Why did it come back down again? 2008 GFC lower demand, and more resources from Saudi Arabia flooding the market to try and bankrupt North American fracking.

Why is fracking struggling? Because America's "new oil" is not conventional sweet crude, it's post-peak fracking. It's dirty oil, harder oil, not the abundant CHEAP sweet crude we're used to. Yes new technologies raise the technically recoverable amount. But even that will change!

From National Geographic again:-

How Long Can the U.S. Oil Boom Last?

 

[Kenny'sID]

Two thoughts

Can the OP say that in the title?

My first thought, the post was about a USA baby boom some months into 2020.

 

[Landon Caeli]

Two thoughts

Can the OP say that in the title?

My first thought, the post was about a USA baby boom some months into 2020.

I just want to no how sweet crude compares to southern sweet tea. Which is sweeter?

...Just kiddin', @eclipsenow.

 

[eclipsenow]

If Southern Sweet Tea is as fit for purpose (quenching a hot dry throat) as light sweet crude is (easy refining to quench a thirsty oil appetite), then there might just be something in that metaphor.

But, at the risk of mixing metaphors further, the age of sweet oil is turning sour. We'll see it in our lifetimes, and even though I get conflicting sets of data from various sources, the peak could be sooner rather than later. However I'm firmly convinced that there is enough oil to last until EV's and alternative fuels like "Blue Crude" can take over. EV's have just started an exponential curve that will throw the oil industry into a permanent state of oversupply & glut by around 2025 onwards. And that oversupply will just get worse as the EV industry ramps up exponentially, and then the displacement of ordinary cars goes super-exponential as robot-taxi-cabs hit the market and one robot-taxi-cab displaces 10 to 30 ordinary vehicles. They might not be climbing the walls yet, but just think about the sheer convenience of the Minority Report automated pods that took you everywhere at super-fast speeds.

 

[Radrook]

. They might not be climbing the walls yet, but just think about the sheer convenience of the Minority Report automated pods that took you everywhere at super-fast speeds.

Just getting rid of the nasty cab drivers will be worth it.

 

[juvenissun]

Environmental deniers need to understand that the earth's climate is fragile, and the resources that got us into this industrial phase are starting to peak.

Just for your information, so you can reckon better: the current fracking operation only takes out less than 20% of all the reserves. And we are working to get at least 30% more out of the rock.

You still can wait for a looooong while.

 

[Kenny'sID]

Just for your information, so you can reckon better: the current fracking operation only takes out less than 20% of all the reserves.

But what IS the operation?

Oh, and BTW who's on first?

 

[eclipsenow]

Just for your information, so you can reckon better: the current fracking operation only takes out less than 20% of all the reserves. And we are working to get at least 30% more out of the rock.

You still can wait for a looooong while.

I just love the power of making assertions without evidence.
Witness my amazing power as I merely say:
"No they're not!"

 

[juvenissun]

I just love the power of making assertions without evidence.
Witness my amazing power as I merely say:
"No they're not!"

OK, an assertion above your head. Sorry.

 

[eclipsenow]

OK, an assertion above your head. Sorry.

No, just an assertion that didn't engage your head enough to do any work when making it, or provide any intellectual credibility. Hey, it's your assertion. I don't care if you let it flounder there on its own without any data or support.

 

[juvenissun]

No, just an assertion that didn't engage your head enough to do any work when making it, or provide any intellectual credibility. Hey, it's your assertion. I don't care if you let it flounder there on its own without any data or support.

It is my assertion. You do not like to see the data. Why should I give it to you?

 

[Warden_of_the_Storm]

It is my assertion. You do not like to see the data. Why should I give it to you?

How do you know that he would not like to see the data? He merely said that all you have done is give an assertion, not evidence. Do you have evidence to support your assertion?

 

[juvenissun]

How do you know that he would not like to see the data? He merely said that all you have done is give an assertion, not evidence. Do you have evidence to support your assertion?

I just know that he is not interested, so aren't you.
There is no need of evidence for that. I just know. This is called wisdom.

 

[eclipsenow]

I just know that he is not interested, so aren't you.
There is no need of evidence for that. I just know. This is called wisdom.

I just know that you have no data. I need no evidence for that. I just know. This is called wisdom.

 

[Warden_of_the_Storm]

I just know that he is not interested, so aren't you.
There is no need of evidence for that. I just know. This is called wisdom.

No, you don't know that. You say that though because you know that you have nothing and you want to keep the veneer of intellect you like to think you have intact from people proving you wrong.
Although you can easily prove me wrong by showing us the evidence for your claim.

 

[Ygrene Imref]

I just know that he is not interested, so aren't you.
There is no need of evidence for that. I just know. This is called wisdom.

Don't waste the erosion of your carpals.

 

[juvenissun]

Although you can easily prove me wrong by showing us the evidence for your claim.

I also know it is useless to prove that you are wrong. You won't be wrong anyway. Just like you won't accept Christian God under any evidence. You just won't.

 

[Warden_of_the_Storm]

I also know it is useless to prove that you are wrong. You won't be wrong anyway. Just like you won't accept Christian God under any evidence. You just won't.

This has nothing to do with religion, so don't try to derail the OP topic. You made a claim: "the current fracking operation only takes out less than 20% of all the reserves. And we are working to get at least 30% more out of the rock."
When challenged to provide evidence for your claim, you basically said: "no".

So either say that you have no evidence for your claim, or actually provide evidence for your claim. Stop trying to pretend that you're taking some superior high ground by refusing to answer, saying that's useless to change our views, when you've not even made an attempt to change our views.

So do you have evidence for your claim: yes or no?

 

[Ygrene Imref]

Just for your information, so you can reckon better: the current fracking operation only takes out less than 20% of all the reserves. And we are working to get at least 30% more out of the rock.

You still can wait for a looooong while.

This?

Fracking now fuels half of U.S. oil output

 

[juvenissun]

This has nothing to do with religion, so don't try to derail the OP topic. You made a claim: "the current fracking operation only takes out less than 20% of all the reserves. And we are working to get at least 30% more out of the rock."
When challenged to provide evidence for your claim, you basically said: "no".

The evidence is very easy to find if you read professional journals. I WILL NOT provide one for you. But if you do some searches, you would EASILY find that the current harvest rate of shale gas is normally less than 15% of the reserve.

You HAVE TO do this on yourself. Just like you have to experience the Christian God on yourself. Otherwise, you won't learn.