Solving Peak Oil, page 2

Originally posted by Regenmacher
What I research and read about in feasible energy resources has little to do with your state of denial.

What denial is he in exactly as i see someone thinking critically and not believing things simply because the main stream press is spreading rumours.

It also has little to do with ignoring the economic reality of energy returned on energy invested.

There is no reason why that should matter as energy returned on energy expended needs not be some kind of barrier at all. All energy in the end comes from the sun and with proper focus we can turn this planet into quite the paradise based simply on such simplistic technologies as wind and solar power.

In the first test of new thermonuclear fusion reactor, China indicates it's over a decade ahead the rest of the world in fusion technology.

Fusion energy is just another scam to keeps us eternally dependent on centralized power distribution networks and i for one refuse to accept that as my destiny. Why are we ignoring the reality of cold fusion?

www.lasarcyk.de...

experts.about.com...

www.rexresearch.com...

www.cheniere.org...

www.wired.com...

en.wikipedia.org...

www.csmonitor.com...

www.loe.org...

China's goal is in reduce its soaring consumption of imported oil, were as any dependence on foreign energy supplies comes at the loss of their national sovereignty.

Which i guess, logically according to you, means the US has long ago lost it's sovereignty?

As a net oil importer since 1993, China's petroleum industry is focused on meeting domestic demand. Retail prices for petroleum products are regulated, with variations based on location and the type of consumer. The Chinese government maintains domestic price ceilings on finished petroleum products which, despite several decisions to increase domestic prices over the last couple years, have not kept pace with price increases in international markets. The Chinese government provides refiners with subsidies to ease the gulf between low domestic rates and high international oil prices. The eventual goal is to eliminate subsidized prices, but given the dependency of vulnerable segments of the Chinese population on cheap fuels, particularly in agriculture, it will likely take at least several years to accomplish this goal.

Roughly 85 percent of Chinese oil production capacity is located onshore. China’s largest oil producing field, CNPC’s Daqing field in northeastern China, accounts for more than 900,000 bbl/d, or one quarter of China’s total crude oil production. Daqing is a mature oil field, and production levels have been reduced since 2004 while CNPC works to extend the life of the field. In April 2004, Chinese authorities announced several new oil discoveries in the existing Shengli field in northeastern China. These finds helped make Shengli, which is operated by Sinopec, the country’s second-largest oil producing field, supplying more than 500,000 bbl/d according to OGJ’s most recent estimate. CNOOC also produces more than 500,000 bbl/d from its offshore oil fields in the Bohai Bay and South China Sea.

www.eia.doe.gov...

China is not the problem and it's part of the cake is very small compared to it's part of the world population.

Nuclear renaissance triggers uranium boom

It's surprising how we keep finding more and more of the resources we require however much we seem to be using. The peak oil fear mongering nonsense has been going on for decades and the noise level keeps increasing the more obvious the lie becomes.

Stellar