Comments on Next Big Future: More estimates of Bakken oil size and timing

Yes, very interesting indeed. I agree with you BW....

2008-03-21T07:25:00.000-07:00

Yes, very interesting indeed. I agree with you BW. We do not need to stay on Oil, even if Bakken is the "next oil boom" We still need to mitigate. However the Bakken will serve us in making our mitigation all the more smoothly. Doomer you actually believe in Jevon's paradox? To each his own.

I look at the thoildrum and peakoil sites fairly r...

2008-03-21T07:15:00.000-07:00

I look at the thoildrum and peakoil sites fairly regularly and I am aware of the arguments and their statistics and the case and statistics against peak oil.

The last two months the IEA liquid numbers have reached new peaks above 2005 and 2006. World oil production is also heading up and should exceed the 2005 and 2006 peaks.
http://europe.theoildrum.com/node/3749#more

I believe that we will be moving up from about 100,000 barrels per day from the Bakken at the end of last year to 200,000+barrels per day this year and 400,000+ barrels per day next year (from all states and provinces) and then over 4 more years it will be over 1 and headig to 2 million barrels per day.

Next month we will see what the new USGS survey says.

I think the higher prices are good to get people conserving and becoming more efficient. Enhanced oil recovery (THAI and CAPRI processes) and cheap supercomputer oil field analysis will also help. However, I would prefer that this be used for a smooth transition to nuclear clean fission, fusion and other electrical energy sources.

This is a joke, man, a joke. Peak Oil is already h...

2008-03-20T19:44:00.000-07:00

This is a joke, man, a joke. Peak Oil is already here everyone who is a realist and not in denial will tell you it happened in 2005-2006.

This field will do NOTHING for us. We are still destined to collapse. Period! Ever heard of Jevons Paradox, buddy? Well we're are consuming it more quickly, instead of posting this you should head over to lifeaftertheoilcrash.net. He knows EVERYTHING about what will happen. He has facts and links to prove it all. We are doing nothing but advancing the dieoff much more quickly.