76 (edited by Little Paul 30-Nov-2012 18:41:06)

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lol, well I proved that point didn't I?

77 (edited by V. Kemp 30-Nov-2012 19:55:48)

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The Yell,

BOOM! I'm not driving one of those gas tanks around.



Little Paul,

As always, you're dancing around everything I said and responding to none of it.

You ignore that alternatives to oil (combustible liquids) are vastly more costly. This fact completely demolishes any point you think you have to make. It's just awkward. I'm getting bored.

You go on to repeat that ROEI is "part of the equation," which I had already pointed out more succinctly than your broad claims. It's only as important as its implications to ROI. This isn't complicated stuff. I'm still bored.

You're wrong to claim there's some magical EROEI formula for different forms of energy. How would that math look? While it's good to know how much is lost, sometimes such changes in form are still desirable. In these cases the ratio of energy lost is just taken into consideration. There's no calculation which results in clear conclusions like "good" or "bad," "desirable" or "undesirable." There's just the cost of the process and how much the result is worth. If the result is worth the cost (simple ROI), it's done regardless of EROEI. I'm still bored, but thanks for the laugh.

You're wrong to claim that all energy is "consumed" in any economic calculation. There'd be no profit if a company didn't have energy to sell. This is the stuff that makes me wonder if you have literally any idea what you're talking about. It seems you've gone from discussion of economic factors which impact the cost/viability of oil (which you never made a case for to begin with; I contend you've literally said nothing on-topic in this entire thread) to a vague claim about energy being ultimately used by consumers--which has absolutely no relevance to the discussion at hand.

Yes, ultimately consumers "consume" oil that's sold to them. What in the world does that have to do with companies making decisions regarding drilling for oil? Or the price of oil? Nothing. It's off-topic, incoherent rambling.

You offered absolutely no examples of EROEI impacting decisions regarding oil drilling. You vaguely referenced ROI as if that answered my question. I already know ROI matters. You're the one rambling about EROEI as if it matters independently.

I did not read anything on wikipedia. You're incoherent and rambling. And you were unable to satisfy my simple question to any degree.

[I wish I could obey forum rules]

78 (edited by Little Paul 30-Nov-2012 21:20:47)

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"Yes, ultimately consumers "consume" oil that's sold to them. What in the world does that have to do with companies making decisions regarding drilling for oil? Or the price of oil? Nothing. It's off-topic, incoherent rambling."
Demand is correlated with the price. But apart from that, I answered to your point of the total balance of energy possibly being negative. So wrong twice.

"You offered absolutely no examples of EROEI impacting decisions regarding oil drilling."
I offered many many examples. One of them being that investors value the quality of the oil by the energy it brings forth. I ofc presumed you know the link between investors and producers, and the link between buyers and quality of oil.

"I already know ROI matters."
ROI will not stay positive till the very last barrel. Unless you make this unearthly claim, it does determine when it will run out.

Again, in other words, my last attempt to explain the obvious:
TRB doesn't take into account the "net gain" on oil barrels if that is 1 to 100 or 1 to 2, the difference in actual barrels is huge.
TRB doesn't take into account how fast or slow you drill them up
TRB doesn't take into account how fast or slow its possible to drill them up
TRB doesn't take into account that one barrel might have 10 times the value of another.

Your only argument is that people pay the price of a scares product no matter what, but history proves you wrong. There was enough oil outside opec. But demand lowered when supplies ran out. Only after production increased, demand rose again.

In fact, everything but the point you misunderstood about consuming I answered to already in different words many times over. Other people did as well. I won't do it again.

79 (edited by V. Kemp 30-Nov-2012 21:41:51)

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"Demand is correlated with the price?" You're incoherent. You mean, supply and demand? What exactly did I get wrong? What are you responding to? What point could you possibly think you're making? I literally have no idea what you're talking about. Wanna try again?

"I answered to your point of the total balance of energy possibly being negative." You're incoherent again. What point? And what is this "total balance of energy" you're talking about and what does it have to do with anything? I have literally no idea what you're talking about. Wanna try again?

"I offered many many examples. One of them being that investors value the quality of the oil by the energy it brings forth. "

False. They value "quality" of the oil by the profit it offers. "Quality" is a bizarre word to choose. You must not mean the literal quality of the oil, since that's completely off-topic and they'd sell oil with poop in it if it profited them. Again, I have to question if you're completely clueless.

Also false is that you've offered examples. A vague reference to "investors" valuing "quality" of oil is not an example. It doesn't even make any sense. "investors value the quality of the oil by the energy it brings forth" (which is incoherent), therefore rambling about EROEI means anything to a topic about the fact that oil isn't going to run out nor will gasoline be $50/gallon for generations? Wanna explain the supposed connection a little better? This is page 4. Is that the best you can do?

"I ofc presumed you know the link between investors and producers, and the link between buyers and quality of oil."

All you did was make vague references. The only thing we can safely presume is that you have literally no idea what you're talking about.

"ROI will not stay positive till the very last barrel. Unless you make this unearthly claim, it does determine when it will run out."

Apparently this is news to you, but the price of oil adjusts to production costs. ROI will positively remain positive to the last barrel that is drilled. The moment it's not positive, nobody will drill. The point is that "recoverable" oil is all technologically recoverable now, and you can't name a single alternative liquid fuel that's cheaper than oil from the most expensive drilling processes. Nothing else even comes close.

"Your only argument is that people pay the price of a scares product no matter what, but history proves you wrong."

No. People pay more for a scarce product until there's an alternative that's cheaper or it's so expensive they literally cannot afford it and go without. Nice straw man, but I've never stated nor suggested what you claim. I respond to what you actually state and assert. I might enjoy this thread if you extended me the same courtesy.

Unless you're proposing that people aren't willing to pay significantly more for oil, that's not relevant. They already pay significantly more in some parts of the world than others. Oil's convenient. They'll pay even more and keep using if they have to. And alternatives are even more expensive, so no switch is in the near future. This is basic economics and has nothing to do with EROEI beyond its impact on simple ROI. You haven't had a leg to stand on for this entire thread, just repeated vague ramblings.




The only argument I've been making is that EROEI matters nothing to pricing beyond its implications to investor/oil company ROI. That's it. There's nothing complicated or academic about it beyond that. Vague references to energy ultimately being consumed by end-users is so completely off-topic that it's bizarre. While I'm not trolling or posting to upset you, your rambling is so bizarre, vague, and off-topic that I think I'm mostly still posting in this thread because I find your remarks hysterical. I've genuinely felt bad for any readers who don't find the same humor in it I do since your first post or two.

[I wish I could obey forum rules]

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"Wanna try again?"
My apologies but no, as I said in my previous post.

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"The Yell, BOOM! I'm not driving one of those gas tanks around."

BOOM?  Your point is nonsensical.  Natural gas does not selfcombust.  It requires some catalyst.  So, already you're lying by omission.  Now even if we posit some mythical hypothetical catalyst that exploded your gas tank, the simple facts of nature and economic life in the USA are this: most of the time, you are not behind the wheel of your car.   So unless you IMAGINE some catalyst that explodes your car and IMAGINE further that it occurred in the infrequent hours that you actually used your car, we are left to recognize that your car will be parked and not exploding.  OF COURSE you're not driving it around then.

IMAGINE me walking away from your exploding car, not-looking-back like James Bond.  Quod erat pwnd.

The core joke of Hitchhiker's Guide to the Galaxy is that of course no civilization would develop personal computers with instant remote database recovery, and then waste this technology to find good drinks.
Steve Jobs has ruined this joke.

82 (edited by V. Kemp 30-Nov-2012 23:34:17)

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I never implied it would self-combust any more than gasoline fumes. But sometimes combustion happens. I don't want to be sitting on a big tank of compressed gas.

Maybe I get shot at a lot! Maybe I don't have to imagine! Maybe I am a secret agent! WHAT?! WHAT?!

I'm obviously a horrible secret agent, thus all the getting shot at. I'm pretty sure no better was expected of me.




Little Paul, it was a rhetorical question. You've been incoherently rambling for pages. Thanks for stopping. smile

[I wish I could obey forum rules]

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yeah but it was a good snark post

The core joke of Hitchhiker's Guide to the Galaxy is that of course no civilization would develop personal computers with instant remote database recovery, and then waste this technology to find good drinks.
Steve Jobs has ruined this joke.

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You do deliver.

[I wish I could obey forum rules]

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If I put a picture of a turtle train in here, will this thread end?

<KT|Away> I am the Trump of IC

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this is the thread that doesnt end
it just goes on and on my friend
somebody
started it not knowing what it was
and it will go on forever and forever
just because


the Marxist notion of a closed Historical loop is false
so

this is the thread that doesnt end

The core joke of Hitchhiker's Guide to the Galaxy is that of course no civilization would develop personal computers with instant remote database recovery, and then waste this technology to find good drinks.
Steve Jobs has ruined this joke.

Re: Oil Oil Oil Oil Oil Oil Oil Oil Oil Oil Oil Oil Oil Oil Oil Oil 25

"You've been incoherently rambling for pages."
I don't think you'll ever understand anything of substance about the entire subject idd. I'm only puzzled as to whether its a lack of effort, lack of intelligence, emotional involvement, or a mixture. Regarding the endless pointless attempts to insult somebody, I take it you're not a very rational person.

"Thanks for stopping."
If I knew from the start you where unable to get anything, I wouldn't have tried to make a debate by explaining the simple basics -you still don't get - to you. Its called naivety. To my defense the fact you are to emo for politics doesn't show on your avatar.

88 (edited by V. Kemp 02-Dec-2012 03:07:18)

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Little Paul,

You've been repeatedly insulting my intelligence, as you just did again. You do this in place of actually talking about the topic. I've tried in vain to pry any specifics or coherent thought whatsoever out of you on the topic, but you've refused. My questions were very simple, yet you absolutely refused to respond to them. There's no reason to be upset about it. A man's gotta know his limitations.

You've been hilarious in this thread. Thank you. Could you summarize concisely any of the "basics" you tried to explain again? Thanks again!

[I wish I could obey forum rules]

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I like turtles big_smile

"I was beginning to think you were afraid to fight."
"I'm just naturally lazy, but I will if I have to."

Retired

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I thought I heard somebody say
"I like trains"

91

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we should all go back to using horses. no oil needed tongue

------------------>I'm Portgas D Ace!!!<-------------------
Do that standing on your head and I'll be impressed!!
             Well, my kilt will fly up, but I'll try.
                   WOW he = Portgas D Ace

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...that could be so easily misinterpreted. tongue

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I know anyone else and you would think he was talking about utilising horses as a form of transport. With old Famous "If it's at least three hands" Ace, there's no confusion whatsoever.

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Interestingly... this raises a far more important product of oil.... plastics. No more oil... no more plastic dolls for Spock and Flint. No wonder they're desperate to keep the trade going.

95 (edited by Justinian I 02-Dec-2012 17:13:11)

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Mace,

Actually, I don't think Kemp and Flint have anything against alternative energy. They just don't want the government using price controls to manipulate consumption, nor do they want the government investing in companies that won't deliver a return on their investment.

Re: Oil Oil Oil Oil Oil Oil Oil Oil Oil Oil Oil Oil Oil Oil Oil Oil 25

> Little Paul wrote:

> I thought I heard somebody say
"I like trains"


Why would someone say something like that?  Silly person!

Make Eyes Great Again!

The Great Eye is watching you... when there's nothing good on TV...

Re: Oil Oil Oil Oil Oil Oil Oil Oil Oil Oil Oil Oil Oil Oil Oil Oil 25

because...er because..er...dunno, maybe it was just a kid?

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Wow I am gone for a week and this happens.


Most of it was two people arguing, three snarks, and then Mace showed up with an insult

Everything bad in the economy is now Obama's fault. Every job lost, all the debt, all the lost retirement funds. All Obama. Are you happy now? We all get to blame Obama!
Kemp currently not being responded to until he makes CONCISE posts.
Avogardo and Noir ignored by me for life so people know why I do not respond to them. (Informational)

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There was no arguing.

[I wish I could obey forum rules]

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Arguing is different from debate.  That was arguing.  tongue

Make Eyes Great Again!

The Great Eye is watching you... when there's nothing good on TV...