Interesting article, the link to which was just posted on
www.climatechangedebate.org
predictweather.com/articles.asp?ID=73
Here is the list of sources from the article.
Sources
editorial, “Brazil’s Not Peaking,” Investor’s Business Daily, December 14, 2007. Courtesy: NCPA)
resources.alibaba.com/topic/214496/Oil_is_not_a_finite_resource_.htm
www.engdahl.oilgeopolitics.net .
oralchelation.com/faq/wsj4.htm *(Wall St Journal 16/4/99) *
ibdeditorials.com/IBDArticles.aspx?id=282528707587055
*
Here’s a summary; I had to shorten it by half to fit here.
The sun’s hydrogen is also a finite resource, and at some point in the future our local star is certain to die, and when it does our planet will die with it. But no one lays awake at night worrying over that.
The evidence is more of oil running in, rather than running out. The Eugene Island case is an example. Production at this oil field deep in the Gulf of Mexico off the coast of Louisiana, was supposed to have declined years ago. For a while, it behaved like any normal field. Following its 1973 discovery, production slowed from 15,000 barrels a day to about 4,000 in 1989. Then suddenly, inexplicably, fortunes reversed. The field, operated by Pennz Energy Co., is now producing 13,000 barrels a day, and probable reserves have rocketed to more than 400 million barrels from 60 million. Stranger still, scientists studying the field say the crude coming out of the pipe is of a geological age quite different from the oil that gushed 10 years ago. This means Eugene Island is rapidly refilling itself, perhaps from some continuous source miles below the Earth’s surface.**********************
More and more scientists are now coming to a belief that oil is “a-biotic”, continuing to be replaced by chemical processes in the crust of the earth.
Russia is now the world’s largest oil producer and natural gas producer. The Russians have been saying the fossil-caused oil theory is an unscientific absurdity that is unprovable since the early 1950’s, but the idea is still almost unknown in the West. Western geologists have repeatedly predicted finite oil over the past century, only to then find more, lots more. In the 1950’s the Soviet Union faced ‘Iron Curtain’ isolation from the West. The Cold War was in high gear and Russia had little oil to fuel its economy. Because finding sufficient oil was a priority, scientists at the Institute of the Physics of the Earth of the Russian Academy of Sciences and the Institute of Geological Sciences of the Ukraine Academy of Sciences began a fundamental inquiry in the late 1940’s as to where oil comes from. In 1956, Prof. Vladimir Porfir’yev and team concluded that crude oil and natural petroleum gas had no intrinsic connection with biological matter originating near the surface of the earth but were primordial materials which have been erupted from great depths. They called their theory of oil origin a-biotic to distinguish from the Western theory of fossil origins.
To the Russians, oil supply on earth is limited only by the amount of organic hydrocarbon constituents present deep in the earth at the time of the earth’s formation. To the Russians,
availability of oil depends only on technology as they have proven that old fields can be revived to continue producing. They claim oilis formed deep in the earth, formed in conditions of very high temperature and very high pressure like that required for diamonds to form. That oil is a biological residue of plant and animal fossil is seen as a hoax designed to perpetuate the myth of limited supply. Consequently the USSR have now developed huge gas and oil discoveries in regions previously judged unsuitable. After the dissolution of the USSR, Russian geophysicists drilled for oil and gas in the Dnieper-Donets Basin between Russia and Ukrainea, believed for more than forty-five years to be geologically barren. A total of sixty one wells were drilled, of which thirty seven were commercially productive, an exploration success rate of almost sixty percent. The size of the field discovered compared with the North Slope of Alaska. By comparison, US wildcat drilling is considered successful with a ten percent success rate, with nine of ten wells typically dry.
During the 1960’s while the American oil multinationals were busy controlling Saudi Arabia, Kuwait, Iran and other areas of cheap, abundant oil the Russians began drilling in a barren region of Siberia. There they developed eleven major oil fields and one giant field. They drilled into crystalline basement rock and hit black gold comparable to the Alaska North Slope. In the 1980s they went to Vietnam and offered to finance a-biotic drilling costs. The Russian company Petrosov drilled Vietnam’s White Tiger oilfield offshore into basalt rock some 17,000 feet down and extracted 6,000 barrels a day of oil to feed the energy-starved Vietnam economy. By the mid-1980’s the USSR emerged as the world’s largest oil producer. To have produced the amount of oil to date that Saudi Arabia’s Ghawar field has produced would have required a cube of fossilized dinosaur detritus, assuming 100% conversion efficiency, measuring 19 miles deep, wide and high. In short, an absurdity. Western geologists do not bother to offer hard scientific proof of fossil origins. They merely assert it as a holy truth.**************************************************************************************
To conclude, there is no evidence of a lack of crude oil in the world.
… But if 1/250,000 of the earth
is oil, an area in total only about the volume of the Mediterranean Sea, which does not seem at all unreasonable, at the present rate of consumption we can drive our SUVs around for anothermillion years. You read it right, a million years.