Discovery Backs Theory That Oil Is Not A fossil Fuel But Generated in Endless Supply

[chiplitfam]

Discovery backs theory that oil is not a fossil fuel but generated in endless supply. If so, oil companies will not want this known.
Full story: http://wnd.com/news/printer-friendly.asp?ARTICLE_ID=59991

 

[Crickett]

That is too cool. I was always a proponent of the fact that God did not make a mistake in creating too few dinosaurs..

 

[Exponent]

Even if true, what's the likelihood that the earth produces anything close to 100 million barrels of crude oil per day, the current rate of worldwide oil consumption? Major light/sweet crude oil fields are producing less and less oil per day, many new oil discoveries are sour/crude, making the refining process more costly, and I believe new discoveries of oil fields are also on the decline. Does it matter where oil comes from if too little of it is being produced quickly enough?

 

[Inflation]

markets need info

Even if true, what's the likelihood that the earth produces anything close to 100 million barrels of crude oil per day, the current rate of worldwide oil consumption? Major light/sweet crude oil fields are producing less and less oil per day, many new oil discoveries are sour/crude, making the refining process more costly, and I believe new discoveries of oil fields are also on the decline. Does it matter where oil comes from if too little of it is being produced quickly enough?

Yes it matters because we can price the replenishment rate into the market.

 

[nike]

Being a renewable resource doesn't make up for how devastating it is to our environment. We still need to develop sustainable energy sources that don't pollute the planet.

 

[Cogz]

No offense, but I will hold my applause till I see it somewhere else than WND.

Not that they aren't trustworthy, I just like to see stuff like that from a couple sources. Plus, they seem to be an ultra-christian website from the looks of the homepage, and thus they might have some reason to promote the "no dinosaurs" version of oil.

Just a thought.

 

[jpa]

I dont think there is any debate to whether or not the earth contiously creates oil. It comes from organic material, so soon oil will be created from dead humans buried thousands of years ago.

The debate is the rate at which the oil is created. There is no way the earth is creating oil at the rate we are burning it.

Now what is funny is if part of jesus is in the next tank of gas you pump. He was buried in the middle east 2,000 years ago.

 

[Malakai0]

Interesting!

TBH the whole highly compressed dinosaurs theory always seemed a little off. Neither theory may be right, but that's what makes science fun!

 

[Elliott]

Discovery backs theory that oil is not a fossil fuel but generated in endless supply. If so, oil companies will not want this known.
Full story: http://wnd.com/news/printer-friendly.asp?ARTICLE_ID=59991

This has been an open secret for some time. This type of news, like solar energy research and breakthroughs, are buried by oil companies. They have so much money they can do just about anything they want.

 

[stewie3128]

I hope that was a joke story.
Furthermore, I hope that it was a joke post.

 

[EvilEngineer]

Frankly, I'm for global warming. Sure all over the world it will be warmer, but people say that because they don't realize that it means that more land becomes habitable as a result. Think of ALL the land wasted right now in northern Canada and Russia because year round it is TOO DAMN COLD!

 

[Elliott]

Frankly, I'm for global warming. Sure all over the world it will be warmer, but people say that because they don't realize that it means that more land becomes habitable as a result. Think of ALL the land wasted right now in northern Canada and Russia because year round it is TOO DAMN COLD!

Maybe more land becomes habitable due to warming, but other land becomes submerged when sea-level rises due to melt-off.

 

[Compulsive1]

I hope that was a joke story.
Furthermore, I hope that it was a joke post.

Actually this theory has been around for quite a while. If you search for abiotic oil you will find plenty of sources. Apparently Russian geologists utilized this theory with great success for years and found large deposits of oil where according to conventional science there should not have been any because of geological history.
Also, according to those sources many oil fields that were deemed spent are found to have oil in them again at pressures much higher than when production was shut down years ago. This bodes well with the theory that crude is a result of a natural process occurring deep inside Earth.

 

[ItsTime]

Never has global warming been harmful to humans. It is pretty cold right now compared to 1500s.

 

[Redcard]

Never has global warming been harmful to humans. It is pretty cold right now compared to 1500s.

Science disagrees with you.

http://en.wikipedia.org/wiki/Image:1000_Year_Temperature_Comparison.png

 

[jyakulis]

Maybe more land becomes habitable due to warming, but other land becomes submerged when sea-level rises due to melt-off.

wow...ron paul supporters actually believe al gore? are you kidding me. global warming due to CO2 emissions is one of the biggest scams in history. it's the left's version of the right's war on terror.