Replies to post #109205 on ajtj99's Market Pulse

[astroguy]

AJTJ..any thoughts on VLNC...seems to be a bit strong as of late.

[TJ Parker]

"The amount of dinosaur carcases needed to create the Saudi Gawar (sp?) oil field would have needed to be about 9-miles high, 9-miles wide, and 9-miles long according to one study I read, and that kind of clinched it for me."

You really find this a compelling argument? Dinosaurs existed for 160 million years. With 5280 feet per mile, that's about 920 cubic feet of dinosaur carcass per year. A brachiosaur was about 85 ft long and 40 ft tall. Conservatively, that's just a couple brachiosaur carcasses per year.

Nevertheless, the argument itself is actually just a straw man. No theory says that oil comes from dinosaur carcasses; its plankton and small marine organisms, which are superabundant.

Note that the 9x9x9 cubic miles of living organisms is small when compared to other large scale natural remnants of living organisms. Coral reefs, for example, cover about 284,300 square kilometers of the earth's surface.

[michael03332002]

well I hope so, but my point was more in line with the geo political type workings of oil.

The power that OIL has become, not so much in the money sense, but in the leverage position. The way it seems to always have some undertones in most of the current and past wars.

Sure, other reasons are put forth as to why the war was or is to be waged. Whether its terrorism, WMD's, etc but the point seemed to always be brought up about OIL

It seems to be the soup de jour for the spoils of war, the rights of the winners to take command of so to speak.

If we can minimize the EFFECTS of the oil on our society as a whole, the ability to take it away as a GIANT STUFFED BEAR prize, it may in fact reduce the importance of those regimes in control of most of it, take away the WANT of the areas with power that want control of it, either by direct force or proxy.

we are all led down paths that seem at time absurd and without reason and there is not much WE, the public, can do about it. Some spout VOTE THEM OUT OF OFFICE, well OK and who do they put in place to then vote next? The REAL power of politics comes from screening the actors, not the actual play itself IMHO

Just a bit of a rant, I'm OK now

[Emptyhead]

And here I thought Oil was a resultant from complex breakdowns of vegetation(organic substrates)and pressure over eons whereby some resultant would also be that of coal.