<DrumBeat: May 21, 2007The Oil DrumDrumBeat: May 22, 2007>

138 comments on May 15th Senate Hearings on Oil and Gas: We May Have A Problem

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Checkerboard Strangler on May 21, 2007 - 8:11pm Permalink | Subthread | Parent | Comments top

I just got raked over the coals about this statement in particular, and my partner informed me of:

Spectacular finds in Bohai Bay
Nine billion barrels of crude in open pools in Iraq
Giant discoveries off the Gulf Coast
Russian expansion in crude output

All I did was opine that perhaps refinery construction was low priority because the oil experts already knew that there wasn't all that much to refine.

Am I crazy?

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Solaris on May 22, 2007 - 12:20am Permalink | Subthread | Parent | Comments top

No, you absolutely correct. Unfortunately, the correct view is held by a very small minority at this time. But, give it time.....

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xeroid on May 22, 2007 - 4:26am Permalink | Subthread | Parent | Comments top

As with most people, including so called experts, she's completely missing the point ... there's loads of fossil fuels around ... we just can't get at it quickly enough to supply the desires of 6.7 billion people.

Xeroid.

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