Thursday, August 14, 2008

article against Bakken oil hype

from The Oil Drum: This article (post) is somewhat long due to the analyses it presents in order to make clear what is true regarding economically recoverable oil in the Bakken Formation of the Williston Basin in Montana, North Dakota, and surrounding areas. As always with sites allowing comments, the comments are often as informative as is the post they relate to. Read at least the first twenty or so. To repeat the obvious: No matter how much new oil is found on this planet--and there are new finds off the coast of Brazil and around and in Australia, the best information available concludes that the world's supply of fossil fuels is declining even as consumption is accelerating. Just as we have become addicted to debt, so have we become addicted to FF (as one commenter termed it). We need to change how we live. I, alas, have been forced to somewhat change due to illnesses. If you-- as I am--are a believer, you just might agree with me: an illness is not always a negative condition. with charts and links Rho00149

1 comment:

William Michaelian said...

This post, especially the last sentence, made me think of this.