Replies to post #13381 on Value Microcaps Free-For-All

[stock_peeker]

Excellent!!!! Thanks, Zen! Great summary of optimistic abiotic oil theories vs. the reality of our limited oil supplies.

'peeker

PS> BTW, I used to be a geophysicist/doodlebugger myself, but I've never seen such a succinct to-the-point perspective about abiotic oil.


"Avoid panic selling AND avoid overconfident buying." Paul Litman

[kozuh]

Zen & rogue, Oil is biotic & abiotic !!!!

(1) Oil and Methane have been found on
planets and moons in our solar system
where there is NO evidence of carbon-based
life-forms.

(2) The Russians have found Oil on Earth at
a depth of 50,000 feet; however, NO FOSSILS
have been found below 15,000 feet.

(3) The Oil and Methane on Earth can be both
biotic and abiotic in origin. The Oil and
Methane close to the Earth's surface is probably
mostly biotic in origin. QED !!!!!