Re: [biofuel] Oil reserves and The oil in Iraq

2003-02-18 Thread Greg and April


- Original Message -
From: Hakan Falk [EMAIL PROTECTED]
To: biofuel@yahoogroups.com
Sent: Monday, February 17, 2003 18:53
Subject: [biofuel] Oil reserves and The oil in Iraq



 Puuh, sweat, sweat,

 Dear Greg,

 Good, I suppose that you must know your boolean algebra and the basis for
 computers to make this definition of multiplication and division. So we do
 not have to waste time on this as long as you do it right.


I've always had a hard time with algebra (other than the basic algebra
anyway), but, to me it just seams make sense.

 Obviously you need some help with the numbers and I will try to explain
the
 issues as good as I can. To start with, the source which is generally
 regarded as comprehensive, interesting and quite accurate is at the
 following link,

 http://www.bp.com/downloads/1087/statistical_review.pdf

Confusion time.  On Pg. 4 they list Mexico with N. America, but, on Pg. 5,
the map shows Mexico as being included with S.  central America as far as
the graphs. Which is correct?  This cast doubt on the graphs on Pg. 8 and
others that are based on the information from Pgs. 4  5. I'm not being
argumentative, just confused.

I am kinda suprised by the map on Pg. 19, I would think that the U.S. would
try and get more oil from Africa, it being closer, than from the middle
east.


 To explain Known Oil Reserves versus speculations about the Total Oil
 Reserves, it will save space in this email if you read what I wrote about
 it on the following link,

 http://energy.saving.nu/resources/oilreserves.shtml


Another stumbling block I'm having is the differance between Proven
Reserves, Estamated Reserves of a known oil source and Speculation of
unknown reserves. To me this is 3 seperate things, akin to Known, Most
likely and a wild ass guess. I read the link above, but, like I said, to me
I'm seeing 3 seperate things rather than just ' Proven ' and ' Speculation
'.


 To add some background to this, is that the only unknown larger oil
 reserves that might be in US, are maybe to be found in Alaska. Iraq, which
 have known oil reserves that amounts to half of Saudi Arabia (the largest
 in the world) is the second largest. Together they represent around half
of
 the worlds known oil reserves. It is however expected that when Iraq is
 fully explored, it will be as large as Saudi Arabia and maybe larger.

 With known oil reserves, it is known oil reserves also for US. A
discussion
 of single fields is therefore academic and fruitless as arguments. The
only
 thing that might be open for discussions are the unknown oil reserves.

 Your confusions could come from that in some US estimates, it is included
 oil imports. In R/P values for the whole world, production is equal to
 consumption, but for local areas the consumption are used. The R/P value
 for US is therefore the US known oil reserves divided by its yearly
 consumption and that is how they get 10.7 years, the number does not even
 include estimates of a rise in consumption. Bluntly said, with current
 known oil reserves, without imports and with current consumption, US will
 have oil for 10.7 years. Obviously US must import oil or rapidly find very
 large new oil reserves and if non of this is available US would be in a
 crisis situation.

This helps.

Therefore US decided many years ago to build a storage
 reserve, mainly from imports. The storage reserve, if it is full, give US
a
 year or two in combination with own oil reserves. This storage reserve is
 mainly used for stabilizing prices and at the moment it is around 50% of
 its capacity. It should not be necessary, but I will anyway point out that
 US already now is in a very sensitive situation.

 Since when is Mexico US? Do you have plans of invading them too? I have
not
 heard about that, it is a complete surprise. Regarding Mexico, see the
 first link I gave you, where you can find detailed data for the whole
 world. You will find Canada and the Central/South American countries also.


No, I'm not planning on invading mexico, but, I have talked about the U.S.
buying Baja Califorina from them a few times, but, that is an entirly
different subject.  I tossed in Mexico as part of the World Numbers, I know,
I should of seperated it from the US numbers, but I didn't. Sorry.

 For NG it includes WY, since it is 2001/2002 numbers, but the same as I
 said about R/P values for oil is also valid for NG.

 Your point about multiple cycles for nuclear is very valid, but for
various
 safety reasons the normal reactors are one stage. I have not heard that
 multiple stages would take care of the waste problems to any larger degree
 and balanced with the other safety concerns, it does not look as an
 advantage.

By taking the spent reactor fuel, and reprocessing it, you reduce the amount
of new fuel you use and the total amount of spent fuel that becomes waste.
I don't know the exact numbers, but, I have been told that in a spent fuel
rod, somewhere between 80% and 90% of the fuel would 

Re: [biofuel] Oil reserves and The oil in Iraq

2003-02-18 Thread Hakan Falk


Greg,

I am glad that you found the numbers interesting and that it obviously 
enhanced your view.

Your stumbling block regarding the maps is nothing, compared when some 
Americans try to make maps of the world. The individual numbers are the 
most interesting anyway.

Regarding known (proven) reserves, it is not much to say. Estimates are 
founded on geological data and some of the are made by economists. This 
explains the range of numbers. I call it speculations, since they vary 
between 2 to 4 times the known. We could make 3 or more groups out of them, 
but it does not really change the over all picture. I like your idea of 
known, estimates and wild speculations, but my point in the article was 
that it is really not serious to fight about if it is me, my children or my 
grandchildren that will suffer. I like to see future generations span more 
the 3 generations and ideally see a sustainable situation.

When you deal with this figures and draw the consequences, it is ludicrous 
to say that it is not about oil. If you the see who are getting development 
contracts in Iraq and who is not getting them, it fits well with the 
groupings on the war issue. It is only Spain, who have tentative agreement 
with Iraq that is acting without logic. I am not surprised about that at 
all, but maybe they have been promised a larger stake from US/UK.

During the late 60's and early 70's, it was many numbers flying around. The 
most serious analyses was Hubbert's presentation to the US Congress in mid 
70's. Since I was very much involved in energy questions already then, I 
remember the important ones. It is quite possible that you had some 
doomsday prophets that was talking about 30 years, but I do not remember 
it. If they did, it was irrelevant anyway in the circles that I was working 
in. I can not take this as a serious argument, since I did not supported 
such estimates. Known oil reserves for 50 to 60 years was what we talked 
about and that was quite correct. We were also aware that that new 
discoveries would push that numbers forward. In that sense I would say that 
the numbers we discussed was maybe more optimistic than todays.

Nuclear is a subject that I try to avoid, since it is a very infected area 
with many unqualified opinions. We were involved in designing of PA systems 
and in the control calculations of stress and fixations of piping in the 
two last built Nuclear Plants in Sweden. I am not in starch opposition to 
nuclear, but some of the plants built and operated today are outright 
dangerous. I would like to see the idea of low temperature mini reactors 
for hot water production for heating picked up again, it would be much 
safer and minimum of dangerous waste.

As it is, fusion have a long way to go if it ever will be an alternative.

Hakan


At 12:26 AM 2/18/2003 -0700, you wrote:

- Original Message -
From: Hakan Falk [EMAIL PROTECTED]
To: biofuel@yahoogroups.com
Sent: Monday, February 17, 2003 18:53
Subject: [biofuel] Oil reserves and The oil in Iraq


 
  Puuh, sweat, sweat,
 
  Dear Greg,
 
  Good, I suppose that you must know your boolean algebra and the basis for
  computers to make this definition of multiplication and division. So we do
  not have to waste time on this as long as you do it right.
 

I've always had a hard time with algebra (other than the basic algebra
anyway), but, to me it just seams make sense.

  Obviously you need some help with the numbers and I will try to explain
the
  issues as good as I can. To start with, the source which is generally
  regarded as comprehensive, interesting and quite accurate is at the
  following link,
 
  http://www.bp.com/downloads/1087/statistical_review.pdf

Confusion time.  On Pg. 4 they list Mexico with N. America, but, on Pg. 5,
the map shows Mexico as being included with S.  central America as far as
the graphs. Which is correct?  This cast doubt on the graphs on Pg. 8 and
others that are based on the information from Pgs. 4  5. I'm not being
argumentative, just confused.

I am kinda suprised by the map on Pg. 19, I would think that the U.S. would
try and get more oil from Africa, it being closer, than from the middle
east.

 
  To explain Known Oil Reserves versus speculations about the Total Oil
  Reserves, it will save space in this email if you read what I wrote about
  it on the following link,
 
  http://energy.saving.nu/resources/oilreserves.shtml


Another stumbling block I'm having is the differance between Proven
Reserves, Estamated Reserves of a known oil source and Speculation of
unknown reserves. To me this is 3 seperate things, akin to Known, Most
likely and a wild ass guess. I read the link above, but, like I said, to me
I'm seeing 3 seperate things rather than just ' Proven ' and ' Speculation
'.

 
  To add some background to this, is that the only unknown larger oil
  reserves that might be in US, are maybe to be found in Alaska. Iraq, which
  have known oil reserves that amounts to half of Saudi 

Re: [biofuel] Oil reserves and The oil in Iraq

2003-02-18 Thread Gary Rempel

Hi,

I've watched this discussion for a while and there appears to be no
reference to methane hydrates, which are well distributed throughout the
world and are well positioned to readily serve the coastal U.S.
population when developed.

While there are a variety of data sources, I will leave compilation to
those so inclined.

In the meanwhile a reasonably non-contentious starting source might be

http://www.fe.doe.gov/oil_gas/methanehydrates/

Rgds,
G.R.



Hakan Falk wrote:
 
 Greg,
 
 I am glad that you found the numbers interesting and that it obviously
 enhanced your view.
 
 Your stumbling block regarding the maps is nothing, compared when some
 Americans try to make maps of the world. The individual numbers are the
 most interesting anyway.
 
 Regarding known (proven) reserves, it is not much to say. Estimates are
 founded on geological data and some of the are made by economists. This
 explains the range of numbers. I call it speculations, since they vary
 between 2 to 4 times the known. We could make 3 or more groups out of them,
 but it does not really change the over all picture. I like your idea of
 known, estimates and wild speculations, but my point in the article was
 that it is really not serious to fight about if it is me, my children or my
 grandchildren that will suffer. I like to see future generations span more
 the 3 generations and ideally see a sustainable situation.
 
 When you deal with this figures and draw the consequences, it is ludicrous
 to say that it is not about oil. If you the see who are getting development
 contracts in Iraq and who is not getting them, it fits well with the
 groupings on the war issue. It is only Spain, who have tentative agreement
 with Iraq that is acting without logic. I am not surprised about that at
 all, but maybe they have been promised a larger stake from US/UK.
 
 During the late 60's and early 70's, it was many numbers flying around. The
 most serious analyses was Hubbert's presentation to the US Congress in mid
 70's. Since I was very much involved in energy questions already then, I
 remember the important ones. It is quite possible that you had some
 doomsday prophets that was talking about 30 years, but I do not remember
 it. If they did, it was irrelevant anyway in the circles that I was working
 in. I can not take this as a serious argument, since I did not supported
 such estimates. Known oil reserves for 50 to 60 years was what we talked
 about and that was quite correct. We were also aware that that new
 discoveries would push that numbers forward. In that sense I would say that
 the numbers we discussed was maybe more optimistic than todays.
 
 Nuclear is a subject that I try to avoid, since it is a very infected area
 with many unqualified opinions. We were involved in designing of PA systems
 and in the control calculations of stress and fixations of piping in the
 two last built Nuclear Plants in Sweden. I am not in starch opposition to
 nuclear, but some of the plants built and operated today are outright
 dangerous. I would like to see the idea of low temperature mini reactors
 for hot water production for heating picked up again, it would be much
 safer and minimum of dangerous waste.
 
 As it is, fusion have a long way to go if it ever will be an alternative.
 
 Hakan
 
 At 12:26 AM 2/18/2003 -0700, you wrote:
 
 - Original Message -
 From: Hakan Falk [EMAIL PROTECTED]
 To: biofuel@yahoogroups.com
 Sent: Monday, February 17, 2003 18:53
 Subject: [biofuel] Oil reserves and The oil in Iraq
 
 
  
   Puuh, sweat, sweat,
  
   Dear Greg,
  
   Good, I suppose that you must know your boolean algebra and the basis for
   computers to make this definition of multiplication and division. So we do
   not have to waste time on this as long as you do it right.
  
 
 I've always had a hard time with algebra (other than the basic algebra
 anyway), but, to me it just seams make sense.
 
   Obviously you need some help with the numbers and I will try to explain
 the
   issues as good as I can. To start with, the source which is generally
   regarded as comprehensive, interesting and quite accurate is at the
   following link,
  
   http://www.bp.com/downloads/1087/statistical_review.pdf
 
 Confusion time.  On Pg. 4 they list Mexico with N. America, but, on Pg. 5,
 the map shows Mexico as being included with S.  central America as far as
 the graphs. Which is correct?  This cast doubt on the graphs on Pg. 8 and
 others that are based on the information from Pgs. 4  5. I'm not being
 argumentative, just confused.
 
 I am kinda suprised by the map on Pg. 19, I would think that the U.S. would
 try and get more oil from Africa, it being closer, than from the middle
 east.
 
  
   To explain Known Oil Reserves versus speculations about the Total Oil
   Reserves, it will save space in this email if you read what I wrote about
   it on the following link,
  
   http://energy.saving.nu/resources/oilreserves.shtml
 
 
 Another 

Re: [biofuel] Oil reserves and The oil in Iraq

2003-02-18 Thread Keith Addison

Hi G.R.

Maybe not in this particular thread, but there's quite a lot about it 
in the archives:

http://archive.nnytech.net/index.php?list=biofuel

Search for methane hydrate (with quotes). Also coalbed methane.

Best

Keith


Hi,

I've watched this discussion for a while and there appears to be no
reference to methane hydrates, which are well distributed throughout the
world and are well positioned to readily serve the coastal U.S.
population when developed.

While there are a variety of data sources, I will leave compilation to
those so inclined.

In the meanwhile a reasonably non-contentious starting source might be

   http://www.fe.doe.gov/oil_gas/methanehydrates/

Rgds,
G.R.



Hakan Falk wrote:
 
  Greg,
 
  I am glad that you found the numbers interesting and that it obviously
  enhanced your view.

snip


Biofuel at Journey to Forever:
http://journeytoforever.org/biofuel.html

Biofuels list archives:
http://archive.nnytech.net/

Please do NOT send Unsubscribe messages to the list address.
To unsubscribe, send an email to:
[EMAIL PROTECTED] 

Your use of Yahoo! Groups is subject to http://docs.yahoo.com/info/terms/ 




RE: [biofuel] Oil reserves and The oil in Iraq

2003-02-18 Thread Martin Klingensmith

Additionally, try this:
http://nnytech.net/~archive2/index.php?keywords=methane+hydratelist=bio
fuelbrowse=1

I apologize for such a long list of results, this is the beta website
- I'll put it on my list of to-dos :)


---
Martin Klingensmith
infoarchive.net  [archive.nnytech.net]
nnytech.net

-Original Message-
From: Keith Addison [mailto:[EMAIL PROTECTED] 
Sent: Tuesday, February 18, 2003 12:19 PM
To: biofuel@yahoogroups.com
Subject: Re: [biofuel] Oil reserves and The oil in Iraq

Hi G.R.

Maybe not in this particular thread, but there's quite a lot about it 
in the archives:

http://archive.nnytech.net/index.php?list=biofuel

Search for methane hydrate (with quotes). Also coalbed methane.

Best

Keith


Hi,

I've watched this discussion for a while and there appears to be no
reference to methane hydrates, which are well distributed throughout
the
world and are well positioned to readily serve the coastal U.S.
population when developed.

While there are a variety of data sources, I will leave compilation to
those so inclined.

In the meanwhile a reasonably non-contentious starting source might be

   http://www.fe.doe.gov/oil_gas/methanehydrates/

Rgds,
G.R.



Hakan Falk wrote:
 
  Greg,
 
  I am glad that you found the numbers interesting and that it
obviously
  enhanced your view.

snip


Biofuel at Journey to Forever:
http://journeytoforever.org/biofuel.html

Biofuels list archives:
http://archive.nnytech.net/

Please do NOT send Unsubscribe messages to the list address.
To unsubscribe, send an email to:
[EMAIL PROTECTED] 

Your use of Yahoo! Groups is subject to
http://docs.yahoo.com/info/terms/ 




Biofuel at Journey to Forever:
http://journeytoforever.org/biofuel.html

Biofuels list archives:
http://archive.nnytech.net/

Please do NOT send Unsubscribe messages to the list address.
To unsubscribe, send an email to:
[EMAIL PROTECTED] 

Your use of Yahoo! Groups is subject to http://docs.yahoo.com/info/terms/ 




Re: [biofuel] Oil reserves and The oil in Iraq

2003-02-18 Thread Steve Spence

No one is sure if the hydrates can be harvested safely.

Steve Spence
Subscribe to the Renewable Energy Newsletter
 Discussion Boards. Read about Sustainable Technology:
http://www.green-trust.org
[EMAIL PROTECTED]
- Original Message -
From: Gary Rempel [EMAIL PROTECTED]
To: biofuel@yahoogroups.com
Sent: Tuesday, February 18, 2003 10:25 AM
Subject: Re: [biofuel] Oil reserves and The oil in Iraq


 Hi,

 I've watched this discussion for a while and there appears to be no
 reference to methane hydrates, which are well distributed throughout the
 world and are well positioned to readily serve the coastal U.S.
 population when developed.

 While there are a variety of data sources, I will leave compilation to
 those so inclined.

 In the meanwhile a reasonably non-contentious starting source might be

 http://www.fe.doe.gov/oil_gas/methanehydrates/

 Rgds,
 G.R.



 Hakan Falk wrote:
 
  Greg,
 
  I am glad that you found the numbers interesting and that it obviously
  enhanced your view.
 
  Your stumbling block regarding the maps is nothing, compared when some
  Americans try to make maps of the world. The individual numbers are the
  most interesting anyway.
 
  Regarding known (proven) reserves, it is not much to say. Estimates are
  founded on geological data and some of the are made by economists. This
  explains the range of numbers. I call it speculations, since they vary
  between 2 to 4 times the known. We could make 3 or more groups out of
them,
  but it does not really change the over all picture. I like your idea of
  known, estimates and wild speculations, but my point in the article was
  that it is really not serious to fight about if it is me, my children or
my
  grandchildren that will suffer. I like to see future generations span
more
  the 3 generations and ideally see a sustainable situation.
 
  When you deal with this figures and draw the consequences, it is
ludicrous
  to say that it is not about oil. If you the see who are getting
development
  contracts in Iraq and who is not getting them, it fits well with the
  groupings on the war issue. It is only Spain, who have tentative
agreement
  with Iraq that is acting without logic. I am not surprised about that at
  all, but maybe they have been promised a larger stake from US/UK.
 
  During the late 60's and early 70's, it was many numbers flying around.
The
  most serious analyses was Hubbert's presentation to the US Congress in
mid
  70's. Since I was very much involved in energy questions already then, I
  remember the important ones. It is quite possible that you had some
  doomsday prophets that was talking about 30 years, but I do not remember
  it. If they did, it was irrelevant anyway in the circles that I was
working
  in. I can not take this as a serious argument, since I did not supported
  such estimates. Known oil reserves for 50 to 60 years was what we talked
  about and that was quite correct. We were also aware that that new
  discoveries would push that numbers forward. In that sense I would say
that
  the numbers we discussed was maybe more optimistic than todays.
 
  Nuclear is a subject that I try to avoid, since it is a very infected
area
  with many unqualified opinions. We were involved in designing of PA
systems
  and in the control calculations of stress and fixations of piping in the
  two last built Nuclear Plants in Sweden. I am not in starch opposition
to
  nuclear, but some of the plants built and operated today are outright
  dangerous. I would like to see the idea of low temperature mini reactors
  for hot water production for heating picked up again, it would be much
  safer and minimum of dangerous waste.
 
  As it is, fusion have a long way to go if it ever will be an
alternative.
 
  Hakan
 
  At 12:26 AM 2/18/2003 -0700, you wrote:
 
  - Original Message -
  From: Hakan Falk [EMAIL PROTECTED]
  To: biofuel@yahoogroups.com
  Sent: Monday, February 17, 2003 18:53
  Subject: [biofuel] Oil reserves and The oil in Iraq
  
  
   
Puuh, sweat, sweat,
   
Dear Greg,
   
Good, I suppose that you must know your boolean algebra and the
basis for
computers to make this definition of multiplication and division. So
we do
not have to waste time on this as long as you do it right.
   
  
  I've always had a hard time with algebra (other than the basic algebra
  anyway), but, to me it just seams make sense.
  
Obviously you need some help with the numbers and I will try to
explain
  the
issues as good as I can. To start with, the source which is
generally
regarded as comprehensive, interesting and quite accurate is at the
following link,
   
http://www.bp.com/downloads/1087/statistical_review.pdf
  
  Confusion time.  On Pg. 4 they list Mexico with N. America, but, on Pg.
5,
  the map shows Mexico as being included with S.  central America as far
as
  the graphs. Which is correct?  This cast doubt on the graphs on Pg. 8
and
  others that are based

Re: [biofuel] Oil reserves and The oil in Iraq

2003-02-18 Thread Hakan Falk


Hi G.R.

Ready for use technology? Safe shot?
Otherwise a good idea for the uncertain future.

Hakan

At 08:25 AM 2/18/2003 -0700, you wrote:
Hi,

I've watched this discussion for a while and there appears to be no
reference to methane hydrates, which are well distributed throughout the
world and are well positioned to readily serve the coastal U.S.
population when developed.

While there are a variety of data sources, I will leave compilation to
those so inclined.

In the meanwhile a reasonably non-contentious starting source might be

 http://www.fe.doe.gov/oil_gas/methanehydrates/

Rgds,
G.R.



Hakan Falk wrote:
 
  Greg,
 
  I am glad that you found the numbers interesting and that it obviously
  enhanced your view.
 
  Your stumbling block regarding the maps is nothing, compared when some
  Americans try to make maps of the world. The individual numbers are the
  most interesting anyway.
 
  Regarding known (proven) reserves, it is not much to say. Estimates are
  founded on geological data and some of the are made by economists. This
  explains the range of numbers. I call it speculations, since they vary
  between 2 to 4 times the known. We could make 3 or more groups out of them,
  but it does not really change the over all picture. I like your idea of
  known, estimates and wild speculations, but my point in the article was
  that it is really not serious to fight about if it is me, my children or my
  grandchildren that will suffer. I like to see future generations span more
  the 3 generations and ideally see a sustainable situation.
 
  When you deal with this figures and draw the consequences, it is ludicrous
  to say that it is not about oil. If you the see who are getting development
  contracts in Iraq and who is not getting them, it fits well with the
  groupings on the war issue. It is only Spain, who have tentative agreement
  with Iraq that is acting without logic. I am not surprised about that at
  all, but maybe they have been promised a larger stake from US/UK.
 
  During the late 60's and early 70's, it was many numbers flying around. The
  most serious analyses was Hubbert's presentation to the US Congress in mid
  70's. Since I was very much involved in energy questions already then, I
  remember the important ones. It is quite possible that you had some
  doomsday prophets that was talking about 30 years, but I do not remember
  it. If they did, it was irrelevant anyway in the circles that I was working
  in. I can not take this as a serious argument, since I did not supported
  such estimates. Known oil reserves for 50 to 60 years was what we talked
  about and that was quite correct. We were also aware that that new
  discoveries would push that numbers forward. In that sense I would say that
  the numbers we discussed was maybe more optimistic than todays.
 
  Nuclear is a subject that I try to avoid, since it is a very infected area
  with many unqualified opinions. We were involved in designing of PA systems
  and in the control calculations of stress and fixations of piping in the
  two last built Nuclear Plants in Sweden. I am not in starch opposition to
  nuclear, but some of the plants built and operated today are outright
  dangerous. I would like to see the idea of low temperature mini reactors
  for hot water production for heating picked up again, it would be much
  safer and minimum of dangerous waste.
 
  As it is, fusion have a long way to go if it ever will be an alternative.
 
  Hakan
 
  At 12:26 AM 2/18/2003 -0700, you wrote:
 
  - Original Message -
  From: Hakan Falk [EMAIL PROTECTED]
  To: biofuel@yahoogroups.com
  Sent: Monday, February 17, 2003 18:53
  Subject: [biofuel] Oil reserves and The oil in Iraq
  
  
   
Puuh, sweat, sweat,
   
Dear Greg,
   
Good, I suppose that you must know your boolean algebra and the 
 basis for
computers to make this definition of multiplication and division. 
 So we do
not have to waste time on this as long as you do it right.
   
  
  I've always had a hard time with algebra (other than the basic algebra
  anyway), but, to me it just seams make sense.
  
Obviously you need some help with the numbers and I will try to explain
  the
issues as good as I can. To start with, the source which is generally
regarded as comprehensive, interesting and quite accurate is at the
following link,
   
http://www.bp.com/downloads/1087/statistical_review.pdf
  
  Confusion time.  On Pg. 4 they list Mexico with N. America, but, on Pg. 5,
  the map shows Mexico as being included with S.  central America as far as
  the graphs. Which is correct?  This cast doubt on the graphs on Pg. 8 and
  others that are based on the information from Pgs. 4  5. I'm not being
  argumentative, just confused.
  
  I am kinda suprised by the map on Pg. 19, I would think that the U.S. 
 would
  try and get more oil from Africa, it being closer, than from the middle
  east.
  
   
To explain Known 

Re: [biofuel] Oil reserves and The oil in Iraq

2003-02-17 Thread murdoch

crisis situation. Therefore US decided many years ago to build a storage 
reserve, mainly from imports. The storage reserve, if it is full, give US a 
year or two in combination with own oil reserves. This storage reserve is 
mainly used for stabilizing prices and at the moment it is around 50% of 
its capacity. It should not be necessary, but I will anyway point out that 
US already now is in a very sensitive situation.

It has been said that Bush Sr. made a mistake in not releasing reserves sooner
during the Gulf war, so as to bring down prices.  Then the country had a
recession.  Whether this criticism is valid, I don't know, but I have been
surprised Jr. hasn't released some, given the problems in Venezuela, and now
Nigeria, neither of which has the slightest thing (that we're aware) to do with
any war in the M.E., i.e., they're just normal events for which you'd think
the reserve would have helped.

Biofuel at Journey to Forever:
http://journeytoforever.org/biofuel.html

Biofuels list archives:
http://archive.nnytech.net/

Please do NOT send Unsubscribe messages to the list address.
To unsubscribe, send an email to:
[EMAIL PROTECTED] 

Your use of Yahoo! Groups is subject to http://docs.yahoo.com/info/terms/