User Tag List

Reply
 
LinkBack Thread Tools
  #41  
Old 08-23-2008, 12:41 AM
MommaKay's Avatar
Member
Join Date: Oct 2007
Posts: 86
Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
Default

Quote:
Originally Posted by Colin

Did you visit the DOE website listed above before typing random keys and actually posting that crap?

Once more, with feeling:

If they started drilling today the first oil would go on the market in 2018, peak production would be 2027 at approximately 780k barrels a day, peak production 2028 when production begins decline. The total impact in 2006 dollars to the price of oil in 2026 as the low? .41 cents a barrel.
As the mean price in 2025? .75 cents a barrel.
As the high in 2027? 1.44 a barrel.


780,000 extra barrels a day when we use 20 million now is a drop in the barrel. Drilling will not help us as much you or anyone else would want it to.
Colin, perhaps this will help put this into perspective:

Let's say you earn a salary of $20,000 per year. Getting a different job is out of the question. You are offered a raise of $700 per year. Do you take the raise, or is it too small to make any difference?
Reply With Quote
Reply






Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On



All times are GMT. The time now is 09:23 PM.


User Alert System provided by Advanced User Tagging v3.3.0 (Lite) - vBulletin Mods & Addons Copyright © 2024 DragonByte Technologies Ltd.