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High Speed Rail Development in the US

Home Forums General Columbus Discussion Transportation High Speed Rail Development in the US

Viewing 15 posts - 106 through 120 (of 946 total)
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  • #341259

    cbustransit
    Participant

    so talk of people leaving illinois is a definite…but talk of development in ohio doesn’t count…

    #341260

    johnwirtz
    Participant

    Mercurius wrote >>
    [url=http://motherjones.com/kevin-drum]WikiLeaks: Saudi Oil May Have Peaked Already[/url]
    — By Kevin Drum
    | Tue Feb. 8, 2011 9:36 PM PST
    The Guardian reports today on another WikiLeaks cable, this time about oil production in Saudi Arabia. Based on conversations with Sadad al-Husseini, a geologist and former head of exploration at Aramco, the Saudi state oil company, the U.S. consul general thinks the Saudis have been significantly overstating both the size of their reserves and their production capacity:
    The cables, released by WikiLeaks, urge Washington to take seriously a warning from a senior Saudi government oil executive that the kingdom’s crude oil reserves may have been overstated by as much as 300bn barrels — nearly 40%….According to the cables, which date between 2007-09, Husseini said Saudi Arabia might reach an output of 12m barrels a day in 10 years but before then — possibly as early as 2012 — global oil production would have hit its highest point. This crunch point is known as “peak oil”.
    ….The US consul then told Washington: “While al-Husseini fundamentally contradicts the Aramco company line, he is no doomsday theorist. His pedigree, experience and outlook demand that his predictions be thoughtfully considered.”….While fears of premature “peak oil” and Saudi production problems had been expressed before, no US official has come close to saying this in public.
    This won’t come as a surprise to anyone who’s been following the oil industry over the past few years. Matthew Simmons’ Twilight in the Desert, which I reviewed six years ago, made a detailed case that Saudi Arabia’s production capacity had pretty much maxed out already, and Business Week published an article three years ago based on internal Saudi documents that said much the same: the Saudis could pump 12 million barrels a day in short spurts but only 10 million barrels on a steady basis — and that’s all there is. Production capacity just isn’t going up.
    There’s always Iraq, of course, which certainly has more production capacity if it can develop it, but Saudi Arabia increasingly looks like it’s peaked already. And if that’s true, it probably means that the global peak in production, which was delayed a few years by the 2008 recession, is most likely not too far away. Our future is going to be increasingly oil free whether we like it or not.

    Mexico, probably our largest “friendly” source of oil, is declining too.
    http://www.eia.doe.gov/cabs/Mexico/Oil.html

    I don’t think we’re going to run out, but whatever we get in the future is going to cost more to access, so prices will increase substantially.

    #341261

    Paul
    Participant

    Here I thought Canada was our largest “friendly” source of oil. Unless you’re making a Canadian joke there.

    http://www.eia.doe.gov/pub/oil_gas/petroleum/data_publications/company_level_imports/current/import.html

    http://www.nationmaster.com/graph/ene_oil_res-energy-oil-reserves

    #341262

    Antonio
    Member

    They are, but everyone continue to make the assumption the US gets the vast majority its imported oil from the middle east.

    Canadian reserves are actually now pegged to be twice as much as originally estimated.

    http://www.businessinsider.com/10-oil-powers-of-the-distant-future-2010-4#canada-146-years-of-production-10

    Add in the new fields in Brazil and coming ones in Cuba.

    Paul wrote >>
    Here I thought Canada was our largest “friendly” source of oil. Unless you’re making a Canadian joke there.

    #341263

    GCrites80s
    Participant

    Just because a certain oil reserve exists doesn’t mean that it will be cheap to extract. There will be lots of new oil reserves that open up when oil is $400 a barrel because at $375/bbl they won’t be profitable. It doesn’t mean that the oil will be cheap enough to continue all this pointless driving.

    #341264

    jackoh
    Participant

    Antonio wrote
    Add in the new fields in Brazil and coming ones in Cuba.

    Don’t we have a trade embargo with Cuba?

    #341265

    Antonio
    Member

    Yes the US does, but oil is going to change this stupidity.

    jackoh wrote >>

    Antonio wrote
    Add in the new fields in Brazil and coming ones in Cuba.

    Don’t we have a trade embargo with Cuba?

    #341266

    johnwirtz
    Participant

    Paul wrote >>
    Here I thought Canada was our largest “friendly” source of oil. Unless you’re making a Canadian joke there.
    http://www.eia.doe.gov/pub/oil_gas/petroleum/data_publications/company_level_imports/current/import.html
    http://www.nationmaster.com/graph/ene_oil_res-energy-oil-reserves

    No joke, just didn’t realize so much came from up north.

    #341267

    jackoh
    Participant

    Antonio wrote >>
    Yes the US does, but oil is going to change this stupidity.

    jackoh wrote >>

    Antonio wrote
    Add in the new fields in Brazil and coming ones in Cuba.

    Don’t we have a trade embargo with Cuba?

    I wonder if we would lift the embargo or simply invade them?

    #341268

    Cookie
    Member

    jackoh wrote >>
    I wonder if we would lift the embargo or simply invade them?

    Antonio doesn’t wonder. He KNOWS.

    #341269

    Antonio
    Member

    Depends on what clown is in office I suppose. Although the US signed a treaty with the then Soviet Union to never invade CUBA after the missile crisis.

    Internet access to go wide spread in CUBA.

    http://www.cbsnews.com/stories/2011/02/09/501364/main20031223.shtml

    Cuba has been introducing widespread ” FREE MARKET ” economic reforms.

    http://www.huffingtonpost.com/2010/09/24/cuba-free-market-reforms-details_n_738804.html

    I don’t know what OBAMA is waiting for, the US could sell a lot of product to CUBA and they keep making the bar higher and higher for them.

    http://blogs.reuters.com/great-debate/2010/09/29/a-helping-u-s-hand-to-cuba%E2%80%99s-market-reform/

    US rural areas could use a lot of their doctors which they send around the globe.

    jackoh wrote >>

    Antonio wrote >>
    Yes the US does, but oil is going to change this stupidity.

    jackoh wrote >>

    Antonio wrote
    Add in the new fields in Brazil and coming ones in Cuba.

    Don’t we have a trade embargo with Cuba?

    I wonder if we would lift the embargo or simply invade them?

    #341270

    DavidF
    Participant

    RANDOM caps ARE fun.

    #341271

    Twixlen
    Participant

    DavidF wrote >>
    RANDOM caps ARE fun.

    Srsly. Antonio & King Lincoln need to get together for a Random CAPS Fest.

    #341272

    cbustransit
    Participant

    maybe its a fill in the blank sorta thing?

    #341273

    Paul
    Participant

    johnwirtz wrote >>

    Paul wrote >>
    Here I thought Canada was our largest “friendly” source of oil. Unless you’re making a Canadian joke there.
    http://www.eia.doe.gov/pub/oil_gas/petroleum/data_publications/company_level_imports/current/import.html
    http://www.nationmaster.com/graph/ene_oil_res-energy-oil-reserves

    No joke, just didn’t realize so much came from up north.

    No specific offense intended, but I find that rather appalling for someone who labels himself a “Transportation Engineer”. Especially considering that the information was clearly presented in a graph on the very page you submitted:

    [img]http://www.eia.doe.gov/cabs/Mexico/images/us_oil_imports.gif[/img]

    http://www.eia.doe.gov/cabs/Mexico/Oil.html

Viewing 15 posts - 106 through 120 (of 946 total)

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