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Thread: $30 barrel oil?

  1. #961
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    Quote Originally Posted by A790 View Post
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    The effect mankind is quantifiable and far from debatable. Only dumbass North Americans seem to think otherwise.

    FFS, the Pentagon is making plans due to climate change.

    But yea: human effect on our environment is minimal and also debatable.

    Aside from nuclear disasters.

    Also massive environmental change.

    Also pollution.

    Also ozone layer.

    Also fucked up waterways, soil, etc.

    Also climate change, which is a thing that is broadly accepted by the global scientific community.

    But yea, fuck all that: human impact on the environment is debatable. The ignorance of some people is so fucking astounding that it's almost hilarious. But then they stand there defiantly as if they have a valid point or even a scientific leg to stand on. Mind boggling.
    Nuclear - I'd argue is more of a problem to people than planet earth. Eventually earth would repair itself after a nuclear disaster with or without human involvement
    Massive Environmental change - I don't think anyone is saying that isnt happening. But science has shown it happening long before mankind was around. Do you dispute that?
    Pollution - like CO2? Do you consider co2 pollution? I agree somethings are polluting the environment, but co2 isn one of them.
    Ozone layer - this was a big deal, mankind noticed and did something about it. It seems to now not be an issue. When cc were banned, did that have major impact on our way of life? Serious question, did it have major impact on nations economy? Did it change our way of life?
    Waterways, soil, ECT - Water, I think this is the biggest issue moving forward. With that said, technology is our friend and can be used to clean the water. Mostly for drinking.
    Climate change is a thing it's been happening since before our time.

    I think humans have an impact. How can they not when there are so many on the planet, I just don't think we are the be all end all factor to the climate changing.
    Last edited by arcticcat522; 09-17-2019 at 12:19 PM.

  2. #962
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    Quote Originally Posted by A790 View Post
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    The effect mankind is quantifiable and far from debatable. Only dumbass North Americans seem to think otherwise.

    FFS, the Pentagon is making plans due to climate change.

    But yea: human effect on our environment is minimal and also debatable.

    Aside from nuclear disasters.

    Also massive environmental change.

    Also pollution.

    Also ozone layer.

    Also fucked up waterways, soil, etc.

    Also climate change, which is a thing that is broadly accepted by the global scientific community.

    But yea, fuck all that: human impact on the environment is debatable. The ignorance of some people is so fucking astounding that it's almost hilarious. But then they stand there defiantly as if they have a valid point or even a scientific leg to stand on. Mind boggling.
    Not only the Pentagon. Nasa, municipalities, insurance companies and even OIL COMPANIES. The atmosphere is thin. 50 miles up and you are in space. A fair analogy is if the world was an apple, the atmosphere is about the thickness of the skin. And only the bottom 10% of that skin has the density to support life, hence where most of its mass is located. Hubris is thinking you can be a glutton, without consequence, forever.
    GT1R. 8.82@169
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  3. #963
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    Good thing co2 has absolutely no negative impacts on the atmosphere

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    Can we go back to talking about decline treadmills, break even prices, company insolvency and ridiculous over-capitalization of projects chasing IP30 rates? I like those discussions more.
    Quote Originally Posted by killramos View Post
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    You realize you are talking to the guy who made his own furniture out of salad bowls right?

  5. #965
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    Quote Originally Posted by ExtraSlow View Post
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    Can we go back to talking about decline treadmills, break even prices, company insolvency and ridiculous over-capitalization of projects chasing IP30 rates? I like those discussions more.
    Going to have to wait for people to get tired of knowing more than everyone else....it'll be awhile.

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    Quote Originally Posted by Perfect Dark View Post
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    Going to have to wait for people to get tired of knowing more than everyone else....it'll be awhile.
    The discussions I've had in the US over the last two weeks show me that there's still a lot of people who know more than anyone else. I honestly think they'll need to go bankrupt to realize that IP rates are a fools errand. What's the tightest frac spacing you've ever heard of? Had someone ask me to space my tools 10 feet apart, the entire length of a two-mile well. There's multiple reasons why that's a terrible idea.
    Quote Originally Posted by killramos View Post
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    You realize you are talking to the guy who made his own furniture out of salad bowls right?

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    Quote Originally Posted by ExtraSlow View Post
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    The discussions I've had in the US over the last two weeks show me that there's still a lot of people who know more than anyone else. I honestly think they'll need to go bankrupt to realize that IP rates are a fools errand. What's the tightest frac spacing you've ever heard of? Had someone ask me to space my tools 10 feet apart, the entire length of a two-mile well. There's multiple reasons why that's a terrible idea.
    After the first year, the well is just an ARO to be managed.
    Originally posted by Thales of Miletus

    If you think I have been trying to present myself as intellectually superior, then you truly are a dimwit.
    Originally posted by Toma
    fact.
    Quote Originally Posted by Yolobimmer View Post
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    guessing who I might be, psychologizing me with your non existent degree.

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    Quote Originally Posted by ExtraSlow View Post
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    The discussions I've had in the US over the last two weeks show me that there's still a lot of people who know more than anyone else. I honestly think they'll need to go bankrupt to realize that IP rates are a fools errand. What's the tightest frac spacing you've ever heard of? Had someone ask me to space my tools 10 feet apart, the entire length of a two-mile well. There's multiple reasons why that's a terrible idea.
    Is it a bad idea just because the cost/benefit isn't great or does it actually decrease what you get out?

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    Quote Originally Posted by arcticcat522 View Post
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    Ozone layer - this was a big deal, mankind noticed and did something about it. It seems to now not be an issue. When cc were banned, did that have major impact on our way of life? Serious question, did it have major impact on nations economy? Did it change our way of life?
    The Ozone hole is a funny thing. Nothing's changed. Here's NASA's own data.

    https://ozonewatch.gsfc.nasa.gov/sta...nual_data.html

    Graph that out for some lols. This year's a good year tho.

    https://www.independent.co.uk/enviro...-a9110326.html

    ‘Nobody knows what’s triggered it’

    I guess it does make me feel better about ourselves that we banned CFCs. That's pretty much my only conclusion. Life did get a little worse, AC ain't as cold as it used to be haha.
    Originally posted by SEANBANERJEE
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  10. #970
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    Quote Originally Posted by arcticcat522 View Post
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    Is it a bad idea just because the cost/benefit isn't great or does it actually decrease what you get out?
    Well, the costs will be high, and the ability to effectively stimulate your reservoir will be low, and the total hydrocarbon recovery will likely be no larger (although no smaller).
    Quote Originally Posted by killramos View Post
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    You realize you are talking to the guy who made his own furniture out of salad bowls right?

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    Quote Originally Posted by extraslow View Post
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    well, the costs will be high, and the ability to effectively stimulate your reservoir will be low, and the total hydrocarbon recovery will likely be no larger (although no smaller).
    MOAR stages
    Originally posted by Thales of Miletus

    If you think I have been trying to present myself as intellectually superior, then you truly are a dimwit.
    Originally posted by Toma
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    Quote Originally Posted by Yolobimmer View Post
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    guessing who I might be, psychologizing me with your non existent degree.

  12. #972
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    Quote Originally Posted by arcticcat522 View Post
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    Is it a bad idea just because the cost/benefit isn't great or does it actually decrease what you get out?
    More so stage isolation will be much more difficult to achieve, especially with pressures >50 MPa.

    The product will enter the reservoir, just maybe not where you intend it to.

  13. #973
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    Did gas go up as expected? Filled up last two days but now outa town

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    Quote Originally Posted by Brent.ff View Post
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    Did gas go up as expected? Filled up last two days but now outa town
    Not that I saw. Filled up yesterday at $0.959 and it's the same today still. That's actually the cheapest I've seen it in quite a while. Gasoline prices aren't overly correlated with the price of oil - they barely even went down when producers were having to pay buyers to take their oil in late 2018. In 2016 when oil was $30-40/bbl, Canadian gas prices still averaged $0.95/L.

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    Latest update has the plant is supposed to be back online by the end of the month. So pretty small blip in the grand scheme of things

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    Quote Originally Posted by pheoxs View Post
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    Latest update has the plant is supposed to be back online by the end of the month. So pretty small blip in the grand scheme of things
    Yeah all the bank analysts were saying 2-6 weeks, it doesn't seem that bad at all - also I imagine their motivation is pretty high to fix it ASAP.

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    Name:  s0toqeB.jpg
Views: 461
Size:  170.1 KB

    Let's see when it's ACTUALLY back running at full capacity.
    Quote Originally Posted by killramos View Post
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    You realize you are talking to the guy who made his own furniture out of salad bowls right?

  18. #978
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    Quote Originally Posted by Mitsu3000gt View Post
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    Not that I saw. Filled up yesterday at $0.959 and it's the same today still. That's actually the cheapest I've seen it in quite a while. Gasoline prices aren't overly correlated with the price of oil - they barely even went down when producers were having to pay buyers to take their oil in late 2018. In 2016 when oil was $30-40/bbl, Canadian gas prices still averaged $0.95/L.
    They had a couple analysts saying it was going to go up 10-15c today. Not complaining that’s for sure!

  19. #979
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    Quote Originally Posted by Brent.ff View Post
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    They had a couple analysts saying it was going to go up 10-15c today. Not complaining that’s for sure!
    It might go up for the weekend just because that's often what happens, but it's even cheaper today! Weird.

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    Quote Originally Posted by ExtraSlow View Post
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    Let's see when it's ACTUALLY back running at full capacity.
    Current headline on oilprice.com:
    Name:  Aramco Infrastructure.PNG
Views: 539
Size:  110.3 KB
    Quote Originally Posted by killramos View Post
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    You realize you are talking to the guy who made his own furniture out of salad bowls right?

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