Fighting Political Peak Oil and Resisting Other Carbon Hysteria
The graphic below illustrates what happens when third world bureaucrats and dictators mis-manage a world-class oil field.Image Source
Mexico's Supreme Court has given PEMEX permission to contract with private hydrocarbon development corporations, in an attempt to clean up the mess that Mexico's government has made of Cantarell and other fine fields. But just as in other oil dictatorships, Mexico's bureaucrats have destroyed a most valuable resource. It will cost dearly to even partially remedy their mistakes. Political peak oil -- from Mexico to Venezuela to Ecuador to Libya to Russia, etc etc.
Meanwhile, new oil and hydrocarbon discoveries are being made around Africa, offshore of Brasil, in Colombia, in Argentina, and elsewhere around the world. The North American technologies applied to unconventional hydrocarbons are certain to set off a tsunami of new hydrocarbons development worldwide.
Arabian nations are planning to develop their unconventional gas reserves -- which will more than double their current reserves. Russia will almost certainly follow the same plan eventually.
Warren Buffet and Bill Gates are taking a close look at coal resources in Wyoming. Coal is another vast hydrocarbon resource which is much underutilised -- particularly in the light of new cleaner technologies which can make good clean use of even the cheapest, lowest-quality coal.
Mexico's Supreme Court has given PEMEX permission to contract with private hydrocarbon development corporations, in an attempt to clean up the mess that Mexico's government has made of Cantarell and other fine fields. But just as in other oil dictatorships, Mexico's bureaucrats have destroyed a most valuable resource. It will cost dearly to even partially remedy their mistakes. Political peak oil -- from Mexico to Venezuela to Ecuador to Libya to Russia, etc etc.
Meanwhile, new oil and hydrocarbon discoveries are being made around Africa, offshore of Brasil, in Colombia, in Argentina, and elsewhere around the world. The North American technologies applied to unconventional hydrocarbons are certain to set off a tsunami of new hydrocarbons development worldwide.
Arabian nations are planning to develop their unconventional gas reserves -- which will more than double their current reserves. Russia will almost certainly follow the same plan eventually.
Warren Buffet and Bill Gates are taking a close look at coal resources in Wyoming. Coal is another vast hydrocarbon resource which is much underutilised -- particularly in the light of new cleaner technologies which can make good clean use of even the cheapest, lowest-quality coal.




