Crude Oil Discussion Board

[mick]

YES IT IS C R U D E O I L.

[rbl100]

" The Great Oil Conspiracy: It has been known since the end of WWII that oil is not a fossil fuel; it is abiotic

Sam Burns
Oct 01, 2023
Abiotic Oil Theory

While the chemistry is quite complex, environmental chemist Tristan Coleman wrote, the principle behind the abiotic oil idea is actually quite simple. Carbon present in the magma beneath the Earth’s crust reacts with hydrogen to form methane and other hydrocarbons, with many chemically complex intermediate stages. Certain mineral rocks such as granite and other silicon-based rocks act as non-depleting catalysts to speed up the process. Such experiments have been undertaken last century by Russian scientists as well as more recently in the US, and even more recently in Sweden. Sketch depicting the migration of abiotic oil upwards from the mantle into reservoirs contained by non-porous rock.

Evidence Supporting Abiotic Theory

Some people have been deeply interested in oil and its origins but their advocacy of abiotic theory has many dismissing them as heretics, frauds or idealists. They hold that oil can be derived from hydrocarbons that existed aeons ago in massive pools deep within the earth’s core. That source of hydrocarbons seeps up through the earth’s layers and slowly replenishes oil sources. In other words, it turns the fossil fuel paradigm upside down.

Russian and Ukrainian Geologists

In his paper, Kennedy quoted Professor Vladilen A. Krayushkin, a strong proponent of abiotic theory and Chairman of the Department of Petroleum Exploration at the Ukrainian Academy of Sciences, as saying:The eleven major and one giant oil and gas fields here described have been discovered in a region which had, forty years ago, been condemned as possessing no potential for petroleum production. The exploration for these fields was conducted entirely according to the perspective of the modern Russian-Ukrainian theory of abyssal, abiotic petroleum origins. The drilling which resulted in these discoveries was extended purposely deep into the crystalline basement rock, and it is in that basement where the greatest part of the reserves exist. The idea that oil comes from fossils “is a myth … we need to change this myth,” Kutcherov said. “All kinds of rocks could have oil and gas deposits.”Alexander Kitchka of the Ukrainian National Academy of Sciences estimated that 60% of the content of all oil is abiotic in origin. He said companies should drill deeper to find it.

Eugene Island

On Eugene Island, Louisiana, in 1995, it was reported that the oil fields were – perplexingly – refilling themselves after being depleted. The findings of Dr. Jean K. Whelan, part of a US Department of Energy exploration program, seem to support the abiotic theory to explain this. By 1989, production had slowed to about 4,000 barrels a day. Then suddenly – some say almost inexplicably – Eugene Island’s fortunes reversed. Stranger still, scientists studying the field say the crude coming out of the pipe is of a geological age quite different from the oil that gushed 10 years ago.

The late Cornell University astronomer Thomas Gold championed the abiotic theory. 8220;It’s nonsense to think that oil is fossil fuel,” he said. Crosstalk America: The Great Oil Conspiracy (audio), 28 September 2012 (53 mins)In the video above, Corsi explained that the biotic (fossil fuel) theory began by claiming that oil originated from dinosaur matter. Then its advocates moved on to claim that oil came from matter from ancient forests. &# The Nazis realised that under intense pressure and heat, conditions which are in the mantle of the Earth, minerals that contain hydrogen and minerals that contain carbon in the presence of catalysts, such as iron oxide, will release hydrogen and carbon. This will lead to the formation of hydrocarbon molecular chains that develop into the products we know as crude oil or natural gas.“This is an ongoing process. If Peak Oil is far off, decarbonisation and environmental strategies face tremendous obstacles from the oil market and political pressure from the OPEC+ cartel. "

[mick]

Crude Oil
74.30
-1.66(-2.19%)
Gold
2,090.50
+33.30(+1.62%)
Silver
25.86
+0.20(+0.80%)

[Lowjack]

Going to need to spend a significant amount of time below that 200wma!
https://schrts.co/NDFPWWAs

Have storage lined up! Measured move to unwind that head and shoulders is a non positive number!

[mick]

YES THE HEAT IS ON <>
Crude Oil
77.82
+1.41(+1.8453%)
Gold
2,069.20
+9.00(+0.4369%)
Silver
25.53
+0.23(+0.90%)

[Lowjack]

Golds on squeeze and may finally initiate WAVE 3 on the 25 year chart pattern. Nat Gas is on the verge of breakdown. If yields increase, KRE will be back on short watch.

[mick]

thank you for explaining UAE stuff

[littlejohn]

Appears manipulated with WTI about $5 below Brent

on January contract on Friday,,,

with some oil platforms shut in due

to the Gulf of Mexico oil spill which is

getting muted on news feed details...

So we watch...LJ

[mick]

lj interesting reads

[littlejohn]

Saudi Arabia could wipe out EV market values

if they changed to dumping oil

on markets and throw the world

into a deflation spiral...

CTA traders manipulating the oil price

lower for the 3rd time in 2023 isn't

related to wars...

It is greed backed pricing control moves...

Man, we could get screwed either way

they decide to retaliate...

I prefer more cuts...

Anyone who doesn't, has no idea how

many jobs are wiped out with the opposite...


So we watch...LJ

[mick]

seeing is believing , oil bull market now. opec delays meeting

[mick]

good evening,
11-23-2023
wishing happy thanks giving day to all & family

[mick]

going to the well too many times

[Lowjack]

War incoming! This is the funding mechanism. Watch for influx from other UAE states.
https://www.cnbc.com/2023/11/23/turkeys-central-bank-hikes-interest-rate-by-500-basis-points-to-40percent-above-expectations.html

[Lowjack]

You're welcome and remember Woke = Broke!
https://www.cnbc.com/2023/11/23/germany-slides-deeper-into-budget-crisis-heres-what-you-need-to-know.html

The only thing that controls the temperature is the giant fusion reactor in the sky! All green tech is uneconomical junk.

[mick]

thank you for these charts, happy thanksgiving

[Lowjack]

Might want to fill them Prozac prescriptions!

[Lowjack]

Doubled down on War! Get rid of your defense stocks while the gettin' is good.
https://www.cnbc.com/2023/10/18/asml-earnings-report-q3-2023.html

[Lowjack]

Looks like I get to reload shorts again!

[littlejohn]

Gaza Strip is about twice size of Washington

D.C. to put the conflict in perspective...

Hamas sneak attack was on Sabbath

Day in Israel also...

U.S. doesn't always make logical moves

to lower future conflict...

-Moving the fleet south of Oman into

the Arabian Sea to cut off Iran oil flow

is the more common sense move...

Not moving to reduce money flow to

Iran is an illogical strategy, of course...


putin has set a higher bar for genocide

for terrorist invasions now and that shows

glaringly with the Hamas attack...


Oil markets having a security premium

cost seem warranted until things get

cooled off... ?2025?...

Israel is a desolate land barely fit to

live without major effort...

Fighting over that land is about keeping

gold price up for past and also oil

price up for present and future...

That is the disgusting truth of the wasteful,

mean ways of many...

So we watch...LJ

[Lowjack]

I'm fairly sure Turkey already pick a side.
Eastern Med deployment is not south of Oman!
If this dispute was in court, Jews would have to find a different place to live. I suspect everyone gonna come kick some Jews until they are all gone. New management has that 100 years of facts laid out and it doesn't look good for that losing hand.

I think they finally realized that they are going to end up dead otherwise.
https://www.cnbc.com/2023/10/09/uk-joins-europes-growing-greenlash-with-new-pro-motorist-policies.html

[littlejohn]

Theoretically, oil flow from Russia out of the

Black Sea could be cut off with

moving fleet into Mediterranean

Sea more...

Russian dark fleet has been unemcumbered

up to now with oil shipping...

And it doesn't mean anyone will really

try to stop any Russian oil now...


https://www.google.com/maps/place/Ionian+Sea/@38.7322606,19.1795512,5z/data=!4m6!3m5!1s0x1341c723f26515dd:0x43cbc2a69eb87ab8!8m2!3d37.7884803!4d18.8076195!16zL20vMGM1cjc?entry=ttu

https://news.yahoo.com/us-send-carrier-strike-group-172542094.html


Moving the fleet south of Oman into

the Arabian Sea to cut off Iran oil flow

is the more common sense move...

To try to reduce Iran money flow to

Hamas and their war effort...

But that would really drive the oil price

on the score board higher...

While reducing money spent on weapons

by reducing time of a conflict...


The players on the game board keep

expanding with current U.S. policy...


So we watch...LJ

[Lowjack]

Let me know when you see a bunch of black people lying around because they stole something. They have a lot of stealing to do to catch up.

[mick]

the alternative energy, is the source for different weather. wind, solar , inlet water.

[mick]

i did not like what i saw. people lying dead all around

[Lowjack]

Paying more for oil because a Jew gets their ass kicked is not an effective trading strategy!

[mick]

yes, Crude Oil
84.89
-4.34(-4.8638%)

[Lowjack]

Game Over!


New management doesn't take prisoners!

[mick]

woke is mis-handled woke out of hand now

[Lowjack]

The Climate isn't changing you half-wits! Don't forget to reduce taxes 98% so the velocity of money can go up and we can pay for your jail housing.
https://www.cnbc.com/2023/09/20/uk-automakers-hit-back-as-reports-say-pm-sunak-will-dilute-green-policies.html

[Lowjack]

Woke = Broke!
https://clintel.org/wp-content/uploads/2023/08/WCD-version-081423.pdf

Corn could squeeze to $6.40
Short live cattle and feeders!

[Lowjack]

Missed that double top, now short $85- $88.

Expect demand to fall off a cliff with freight rates dropping like a rock. Need $2.50/mi to break even.

[mick]

california ?????

[Lowjack]

It's > $5 here.

[mick]

bas ppg is $3.95

[Lowjack]

Tis back in short trigger range. Throw a double top on it and light them wicks!

$5 gas has demand destruction on a wide scale! Trucking BK!

[Lowjack]

https://www.cnbc.com/2023/08/30/hhs-calls-for-easing-marijuana-restrictions.html

This would reduce prices! =~

[mick]

thank you

[Lowjack]

Nope!
https://schrts.co/bTzVJwbq

Yuan heading for $9/USD in a hurry! On it's way to worth less than the Yen! Them SDR loans will be called! Can't be in emerging BRICs until after 2035.

[mick]

$84 oil ppb ????? $100 soon ????? with biden yes

[Lowjack]

That should be it!
https://schrts.co/AeBIdbCj

[Lowjack]

Gonna need to remove the Democrat Party and their associates from the planet before the plantet can be great again!
https://www.cnbc.com/2023/07/31/cresco-columbia-terminate-cannabis-merger.html

[Lowjack]

Down oil, bad bad oil! $79, $83 short entry.

[Lowjack]

Side quests usually result in upgrades to skills and equipment!
https://news.yahoo.com/putin-accuses-wagner-mercenaries-treason-075031737.html

Note: Don't bomb your most effective fighting force on purpose! That's like sticking yourself with a cemtex grenade.

[Lowjack]

That's not gonna happen any time soon!

You may see a civil war break out here soon! Aug.

K is a short for targeting kids! BLK is the snake head!

[JohnCM]

END THE WAR

[Lowjack]

Close below 200wma for some fun!
https://schrts.co/FfSwbsHc

Don't commit to trend unless that white line follows!

[JohnCM]

Good to see you again.

[Lowjack]

Shorts were triggered above $74!

[JohnCM]

When the war ends subtract $10 to $20 per barrel.