A lack of oil demand growth still means a lot of future hydrocarbon development

14 Replies to “A lack of oil demand growth still means a lot of future hydrocarbon development”

1. And the world needs to add the equivalent of 1.78 Greta Thunbergs for every Alberta and Saskatchewan the ignorant willfully destroy (or is it willfully ignorant).

   How dare you! You ruined my future!

   Damn peaceful ‘green’ protests are aggravating my chronic gretourettes.

2. This will be a hard winter if the Dems win the WH.

3. The formerly discredited Malthus might well be correct in the long term. Controlled use and substitutes that are risibly inadequate are the future. Mobility means freedom. Too many people in a country means lower standard lifestyle long term, if you’re not an urban ant who loves it.

4. Well that’s good. Higher prices equal more profit for Alberta oil companies and a return to full pipeline and rail capacity and more jobs. And more pressure for wexit.

   Who cares what some urban dumbass thinks. We are out of here.

5. Ehhhh?

6. Even after 30 years of huge subsidies, it provides about zero energy

   My Spectator article on the futile numbers behind wind power:

   Even in rich countries playing with subsidised wind and solar, a huge slug of their renewable energy comes from wood and hydro, the reliable renewables. Meanwhile, world energy demand has been growing at about 2 per cent a year for nearly 40 years. Between 2013 and 2014, again using International Energy Agency data, it grew by just under 2,000 terawatt-hours.

   If wind turbines were to supply all of that growth but no more, how many would need to be built each year? The answer is nearly 350,000, since a two-megawatt turbine can produce about 0.005 terawatt-hours per annum. That’s one-and-a-half times as many as have been built in the world since governments started pouring consumer funds into this so-called industry in the early 2000s.

   http://www.rationaloptimist.com/blog/wind-still-making-zero-energy/

7. On a side note via the department of Barbie:

   Alerts for: Queens County P.E.I.
   Warnings

   3:52 PM ADT Saturday 01 August 2020
   Heat Warning in effect for:

   Queens County P.E.I.

   Humidex values reaching 33 are expected for the next 2 days.

   A period of very warm and humid weather is expected starting on Sunday.

   Time span: Sunday through Tuesday.

   Maximum temperature Sunday: 29 degrees Celsuis (Humidex 34).
   Minimum temperature Sunday night: 19 degrees Celsuis.

   Maximum temperature Monday: 28 degrees Celsuis (Humidex 36)

   Oh the horror!

8. Here is a nice graphic summary of oil production in Canada.
   Scroll down to the graph headed
   CANADA OIL SANDS AND CONVENTIONAL PRODUCTION.
   Notice that the oil sands supplies the vast majority of oil production in Canada and for export.
   And will far into our future.

   https://www.oilsandsmagazine.com/news/2016/6/27/canadian-energy-markets-according-to-capp-5-key-takeaways-from-latest-oilsands-crude-oil-forecast

   This one chart should be shown to every Western Canadian to make them realize that the Carbon-phobia idiots in Ottawa want to kill our industries, our jobs and the future of our kids.

   Vote for western independence.

9. When all the insanity subsides and people really need to be warm and dry and have food on the table oil, gas, and coal will come roaring back to keep all our sorry asses alive.

10. Old White Guy – I have always stated essentially that. I am concerned that the Hitler Youth of the Climate Alarmist movement would prefer to see people freeze to death, some would volunteer to do so, than to divert the world from their carbon-neutral genocide mission. But like Thatcher told Bush, this is no time to go wobbly.

    1. +++ PHP2

11. The 4.5 Billion years of accumulated Bio-Mass may have only been sampled. If you don’t have an actuate NUMBER for Volume, why would you think Estimated probability means anything