Oil reserves

One of the things that I would like to ask Cs, if I would have a chance, is how long would oil reserves last at current rate of production or at least for how long would it be economically viable.

Of course, oil reserves would probably never be depleted completely as long as Earth exists because at one point companies would likely stop extracting oil because it is not economically viable.

For example, if barrel of oil is 60 dollars and Saudis need only 10 dollars per barrel to produce (wages for workers, equipment purchase and maintenance for oil extraction etc.) it that means that they make 50 dollars per barrel of oil and if they produce 10 000 000 of barrels each day of a year that means that they earn 500 000 000 dollars each day.

However if oil becomes harder to extract, production could significantly decrease and production cost may jump so high that it is not economically viable to produce oil anymore since price of oil would be so high that only small number of people would be able to afford it.
 
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From Session 6 August 2005:
Q: (Perceval) Are the world's oil resources dangerously depleted?

A: Not even close.

Q: (Galahad) So, as we suspected, the whole peak oil thing is a political manipulation to get people behind the Reich?

A: Distract and conquer.
Twenty years later, I guess the oil reserves are still "not even close" to being depleted.
 
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Maybe data from OPEC or BP is not incorrect after all.
I would say that if the C's said that "it is not even close", then that would mean that the above data from OPEC and BP are incorrect, even by a large margin. The theory of abiotic oil makes a lot of sense which the theory of how oil comes from decomposed plants and animals doesn't. As @Gallo mentioned, then there is a thread about that, so that might be the first thing to look through.
 
I would say that if the C's said that "it is not even close", then that would mean that the above data from OPEC and BP are incorrect, even by a large margin. The theory of abiotic oil makes a lot of sense which the theory of how oil comes from decomposed plants and animals doesn't. As @Gallo mentioned, then there is a thread about that, so that might be the first thing to look through.

If Cs said before 20 years that oil is not even close to be depleted maybe that means that it can be depleted after all.
OPEC lists more than 100 years of production in reserve for many countries which is very long time during which alternative sources of abundant energy can be developed like nuclear fusion (even nowadays Germany gets more than 50% of it's electricity through renewable energy sources).

I would also say that it is clear that oil or most of the oil is located in certain areas of the world (otherwise every country would pump it's own oil and oil itself would be cheap) and so why these abiotic processes occur in Saudi Arabia but not in Mauritania, Niger or Australia (although Australia produces a little bit of oil it's nothing compared to it's size and Saudi production for example) all of these are mostly desert countries with similar altitudes.
Countries around Persian/Arabian gulf produce about 1/3 of worlds oil.
 
I think that many studies of the world's natural resources omit many regions of the Earth, and this isn't just about crude oil, but also rare earth metals. Poland is said to be the richest country in all deposits, situated at a unique junction of three tectonic plates, and therefore its entire territory is covered with some kind of raw material. It is known that in 1975, a geological survey was completed, which involved drilling technological wells, and what was discovered astonished and shocked both the authorities at the time and the Soviet geologists who participated in the drilling. It turned out that, in the case of certain minerals, elements, oil, and gas, some of the richest documented reserves in the world were located below 5,000 meters underground. Geological maps were prepared in great secrecy at the time, and under the pretext of a lack of appropriate extraction technology (which is untrue), these resources were left as they are, especially since most of the areas are inhabited. In other words, it's worth emphasizing that the Russians didn't even touch these resources, believing them to belong to Poles and Poland, even though they could have done so at the time. Shortly after 1975, unidentified individuals sold this knowledge to Canada and the US, and the PTB is well aware of the potential profits. Since 1989, all PTB activities have focused on stealing, exploiting, and profiting from extraction under various pretexts, depriving the Polish state and Poles of future profits. All their actions are conducted to distract society from their true expansion goals as much as possible by drawing them into war with Russia, importing millions of Ukrainians, creating future ethnic tensions, bombarding them with ideologies like LGBT, feminism, and all available means well known to the PTB. We see an identical pattern in the Middle East, where the US, Israel, and other countries steal oil from Syria, Iraq, and Libya, after overthrowing the leaders who guarded and sold these resources.





I think that many studies of the world's natural resources omit many regions of the Earth, and this isn't just about crude oil, but also rare earth metals. Poland is said to be the richest country in all deposits, situated at a unique junction of three tectonic plates, and therefore its entire territory is covered with some kind of raw material. It is known that in 1975, a geological survey was completed, which involved drilling technological wells, and what was discovered astonished and shocked both the authorities at the time and the Soviet geologists who participated in the drilling. It turned out that, in the case of certain minerals, elements, oil, and gas, some of the richest documented reserves in the world were located below 5,000 meters underground. Geological maps were prepared in great secrecy at the time, and under the pretext of a lack of appropriate extraction technology (which is untrue), these resources were left as they are, especially since most of the areas are inhabited. In other words, it's worth emphasizing that the Russians didn't even touch these resources, believing them to belong to Poles and Poland, even though they could have done so at the time. Shortly after 1975, unidentified individuals sold this knowledge to Canada and the US, and the PTB is well aware of the potential profits. Since 1989, all PTB activities have focused on stealing, exploiting, and profiting from extraction under various pretexts, depriving the Polish state and Poles of future profits. All their actions are conducted to distract society from their true expansion goals as much as possible by drawing them into war with Russia, importing millions of Ukrainians, creating future ethnic tensions, bombarding them with ideologies like LGBT, feminism, and all available means well known to the PTB. We see an identical pattern in the Middle East, where the US, Israel, and other countries steal oil from Syria, Iraq, and Libya, after overthrowing the leaders who guarded and sold these resources.





In Poland's case, the scale of the plunder could be unimaginable, as the value of what lies underground, according to various estimates, could be worth around $28-32 trillion today and could make Poland the richest country on Earth for its small territory. The Polish Geological Institute possesses and publishes such data, focusing primarily on hard coal reserves, which could last Poland for approximately 2,000 years. This could easily make Poland an energy-independent country. However, Germany categorically opposes this, and by bringing Poland into the EU, it ordered coal mines to be closed and flooded, which the authorities have done in many cases.



In Poland's case, the scale of the plunder could be unimaginable, as the value of what lies underground, according to various estimates, could be worth around $28-32 trillion today and could make Poland the richest country on Earth for its small territory. The Polish Geological Institute possesses and publishes such data, focusing primarily on hard coal reserves, which could last Poland for approximately 2,000 years. This could easily make Poland an energy-independent country. However, Germany categorically opposes this, and by bringing Poland into the EU, it ordered the closure of coal mines and their flooding, which the authorities have done in many cases. It's worth realizing that estimated oil reserves amount to 650 billion cubic meters, worth $400 billion, three times more than Saudi Arabia, while natural and shale gas reserves total 5.3 trillion cubic meters, worth $1.6 trillion. The table below shows the estimated volume and value of the following metals and resources in $ (unfortunately in Polish)



In Poland's case, the scale of the plunder could be unimaginable, as the value of what lies underground, according to various estimates, could be worth around $28-32 trillion today and could make Poland the richest country on Earth for its small territory. The Polish Geological Institute possesses and publishes such data, focusing primarily on hard coal reserves, which could last Poland for approximately 2,000 years. This could easily make Poland an energy-independent country. However, Germany categorically opposes this, and by bringing Poland into the EU, it ordered the closure of coal mines and their flooding, which the authorities have done in many cases. It's worth realizing that estimated oil reserves amount to 650 billion cubic meters, worth $400 billion, three times more than Saudi Arabia, while natural and shale gas reserves total 5.3 trillion cubic meters, worth $1.6 trillion. The table below shows the estimated size and value of the following metals and resources in $ (unfortunately, in Polish). Therefore, my assumption, bordering on certainty, seems reasonable: a private Zionist-Cabbalistic organization in the US, knowing the value of these resources, convinced/forced/bought the US Congress to pass JustAct 447, which forced Poland as a country to pay compensation to this organization for the so-called heirless property left behind by Jews who died in Poland at the hands of the Germans during World War II. In other words, a few Zionist con artists and thieves of the highest order have invented the notion of being heirs to the estates of 3 million Jews murdered by the Germans, and by some unknown right they hold the right to compensation on their behalf. The irrationality of these demands, the lack of legal basis in any national or international law, inheritance law, and inheritance law, clearly poses no obstacle either for these fraudsters and thieves, or for the American Congress and presidents, who have repeatedly urged the Polish government to pay compensation to this organization, and these payments are being made secretly and not all in cash.



In summary, it's likely that all of Europe, or individual parts of it, possess unexplored natural resources deep underground, yet they're unaware of it. A significant portion of Poland possesses inexhaustible geothermal resources, which can be used to heat homes in winter and provide hot water without the use of coal or gas. We're talking about approximately 30% of the country's surface, where water at a temperature of 60-80 degrees Celsius rises from a depth of 2,500 meters in a closed circuit to the surface, releasing heat in a home radiator, and then returns to the ground to be heated. The EU, led by Germany, is doing everything in its power to discourage local governments from this type of installation by cutting off funding, sponsoring legal obstructions for subsidiaries, and sponsoring media articles intended to discourage geothermal energy as an expensive, unproven, and unreliable technology, in favor of heat pumps. This, coupled with bans on burning coal, gas, and wood, is leading the European population to disaster.


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The table below lists the following resources (quantities and values in million tons): zinc, natural and shale gas, copper, molybdenum, tungsten, nickel, lead, crude oil, sulfur, rock and potash salt, silver, titanium, uranium, lignite, and hard coal.
 
If Cs said before 20 years that oil is not even close to be depleted maybe that means that it can be depleted after all.
May be or nay not be. It looks to me human affairs are going down the tube so fast, having or not having doesn't make much difference. It is a 'smoke and mirror' the PTB chose use it.

Here is the forum thread on peak oil.

You may find this video interesting. It is about Fletcher Prouty who was insider of the control system that is built after WW II.
FROM 2012: Some might know Fletcher Prouty through his involvement with Oliver Stone's JFK. Others may know his book on The Secret Team. Still others might know of his insights into subjects as diverse as the Gary Powers U2 incident, MKULTRA, and the Origins of Oil. Today we explore the life, the experiences and the secrets spilled by Colonel L. Fletcher Prouty.
  • 22:00 minutes: How Post WW II CIA planted their people all over the government.
  • 42:00 minutes: On the origin of "fossil fuel" narration (through Rockefeller's scientists argument of "oil contains oxygen, carbon and hydrogen, so it must have come from once organic matter") in the 1892 Geneva convention. How top government officials are brainwashed into post WW II times in the name of education. He also says oil is also common like water and in order to increase the price, they have to make it 'scarcity' (artificial fiction).
  • 52:00 - interview with Les Osanic who knew Prouty.
How did the oil formed then?
  • Velikovsky hypothesized it came from comet Venus when it interacted with earth. Of course, any thing 'Out of ' the planet is stalinized or branded as conspiracy.
  • Dr. willie Soon natural earth's processes.
Dr. Soon Oil Origin Theory

Dr. Willie Soon has discussed the theory that not all hydrocarbons, including oil, are formed from the remains of ancient plants and animals, challenging the conventional biotic theory of fossil fuel origin. He argues that there is substantial evidence supporting the abiotic theory, which posits that hydrocarbons can form through non-biological processes deep within the Earth under high pressure and temperature conditions For example, a 2009 study by Kolesnikov and colleagues demonstrated that methane gas can be converted into short-chained hydrocarbons under such extreme conditions Soon also points to the presence of liquid methane and small-chained hydrocarbons on Saturn’s moon Titan as evidence that abiogenic hydrocarbon formation occurs naturally in extraterrestrial environments He emphasizes that while the biotic theory is widely accepted, we should be cautious not to assume all Earth's hydrocarbons are fossil fuels, as the exact proportion formed abiogenically versus biogenically remains unknown However, he notes that the deep geological conditions required for abiogenic hydrocarbon formation (at least 50-100 miles deep) are far beyond the reach of current drilling technology, which typically only reaches 6 to 8 miles

How did pre-industrial civilizations lived without then?

Oil was once used as a lubricant (early 19th century rail roads), then the bankers found the potential for usage as fuel ( initially for rails and later land cars) and all the rigging went in to creating world's economy based on it and eliminating any alternate sources (ex: silencing Tesla technology of early 20th century etc.) is very recent phenomenon (200 years).

It is arrogance to think that ancients are dumb. True, they didn't have travel means (with modern comfort standards) as for as our so called History told us. Even if it exist, it doesn't mean it has to come from only Oil.

I think, the answer lies in the constant "resets" brought down by comets, prompting the overlords to create a new narration according to their needs of controls during each period.
 
However if oil becomes harder to extract, production could significantly decrease and production cost may jump so high that it is not economically viable to produce oil anymore since price of oil would be so high that only small number of people would be able to afford it.
Oil is only getting easier to extract when you factor in the amount of human labor to extract a barrel. Much less people are needed to get a rig going now and in a couple of weeks versus months.

if barrel of oil is 60 dollars and Saudis need only 10 dollars per barrel to produce
US Oil and Gas industry have the magic 30 dollars thresh hold for still making profit margins to run the business. I haven't seen the Saudi /$10 barrel statistic before, but that seems pretty low.

The price of a barrel of oil is likely going to continue to go down.
 
Oil is only getting easier to extract when you factor in the amount of human labor to extract a barrel. Much less people are needed to get a rig going now and in a couple of weeks versus months.

It can get harder to extract if current oil fields are depleted and new ones are harder to find, also if you need to drill deeper.

US Oil and Gas industry have the magic 30 dollars thresh hold for still making profit margins to run the business. I haven't seen the Saudi /$10 barrel statistic before, but that seems pretty low.

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You can even find Saudis down below on the link.

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The price of a barrel of oil is likely going to continue to go down.

Not really if there is going to be a big war in the middle east soon.
 
Hopefully there will not be a "big war in the middle east soon", the current ones will stop and peace will rule from now on. I do not not want for someone to understand that I want war !
 
I would say that if the C's said that "it is not even close", then that would mean that the above data from OPEC and BP are incorrect, even by a large margin. The theory of abiotic oil makes a lot of sense which the theory of how oil comes from decomposed plants and animals doesn't. As @Gallo mentioned, then there is a thread about that, so that might be the first thing to look through.

Long ago, Fletcher Prouty had a good talk on this (with some humor).

 
Maybe data from OPEC or BP is not incorrect after all.
Really? Look to your own answer in a later post and contemplate.

I think that many studies of the world's natural resources omit many regions of the Earth, and this isn't just about crude oil, but also rare earth metals.
So based on your own thinking, the likelyhood of data from OPEC or BP reflecting reality is remote.
It can get harder to extract if current oil fields are depleted and new ones are harder to find
Maybe, maybe not. If you go by official data and consensus of a shortage, then yes. If you go by your later posts about the abundance of it in many places, then perhaps not. When you talk about Poland which you give as an example then:
It's worth realizing that estimated oil reserves amount to 650 billion cubic meters, worth $400 billion, three times more than Saudi Arabia, while natural and shale gas reserves total 5.3 trillion cubic meters, worth $1.6 trillion.
In other words no shortage whatsoever (if what you write is true about Poland's wealth) and perhaps the reason the C's said "Not even close".

Connecting the dots of your own answers to your own questions, then there isn't any need to ask the C's about the oil reserves.
 
If Cs said before 20 years that oil is not even close to be depleted maybe that means that it can be depleted after all.

Of course it would eventually run out - everything is finite! But the Stone Age didn’t end because they ran out of stones, the Bronze Age didn’t stob because they ran out of bronze, and the Iron Age didn’t end because they ran out of iron. The oil age will end not because we will run out of oil, but because another technology will come up that is more abundant/ cheaper/ easier to extract/ whatever. That’ if we are not going to be wiped out by some psychos before that.

Thomas Gold, an American astrophysicist, wrote a book about this topic (The Deep Hot Biosphere), where he describes why oil is abiotic in origin. He even conducted a drilling experiment in Sweden where he drilled a hole in igneous rock, where according to the fossil origin of oil there should not be any oil at all. He found some, but not in commercially viable quantities, had some strange issues with the drill rig, but nevertheless proved his theory.

But my question to you is: Why the question? It seems to me that you are quite fixated on this … why?
 
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