Re: OT: Price gouging?



FWIW, I took a look at George's link and it eventually points back to
the same article that I had found, which effectively says that you can
plausibly create methane from a natural semi-non-organic chemical
process (it still requires coral for the calcium carbonate fixing),
plus heat/pressure/time:

"One source of methane on Earth is a chemical reaction that occurs at
volcanic mid-ocean ridges when seawater comes into contact with rock in
the planet's interior"

Cite: http://www.agu.org/sci_soc/prrl/jh050729.html

In conjunction with deepwater Gulf of Mexico "mathane slurry" findings,
what this suggests is that it may be theoretically possible that under
just the right conditions (which would seem to be volcanic lava +
ice-cold water taht stays ice cold despite the lava) that it may be
possible to create methane that then because of the cold water remains
trapped in slurry form on the seafloor. Then across a few millennia,
its location migrates via plate teutonics to a subtend zone where it
then gets folded down around near the mantle where it then chemically
fuse to long chain complex hydrocarbons (crude oil) and undergoes a
"cream rises to the top" to reapproach the surface to where it is
recoverable by man.

Again, the "in any event" conclusion is that our draining of these
collection points is currently at unsustainable rates, so it doesn't
really matter if they would completely refill if we were to not pump
anything from them for a thousand years...it doesn't address the
question of what do we do in 50 years?

Which means that even if we accept a premise that oil is a renewable
resource when we look at it on a geological scale, our consumption rate
still means that Doctor Hubbard was right.

http://en.wikipedia.org/wiki/Hubbert_peak_theory

FWIW, it does appear that oil giant Chevron agrees with Hubbard too:

http://www.willyoujoinus.com/


-hh


-hh

.



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