I did a research paper on this "back in the day" for a college class. I came across this very same fact. I was young and dumb, and I had no idea about the politics around energy. Thankfully, the young internet back then was not yet cucked. Search engines actually supported advanced search terms and returned unmolested results. Anyway...
Starting very soon after petroleum was used as major energy source, they started predicting and fear mongering running out of oil. Every 10 to 15 years they would stoke the fears again.
First it was fears of a finite supply. "there is only so much, we are going to run out!". At least at the time, there was no major oil well that actually went dry. Even wells they thought went dry, they went back to them a few years later and found they were replenished. They eventually figured out that if they throttled their pumping a little, the wells pretty much flowed continuously.
Why? Because the earth was actively producing oil. It wasn't dead t-rex's.
Once they had to admit this, it turned into "peak oil!! reeEEEEee!!". The theory that consumption was going to out pace the creation of new oil.
When that didn't work, they tried the ozone and acid rain to stop the use of oil.
And when that lie ultimately failed, they came up with the ingenious idea that CO2 was a pollutant. It was ingenious because they capitalized on the fact we were coming out of The Little Ice Age (climate was warming naturally... at the time), and they leveraged fear and ignorance and then blamed it on an odorless colorless gas that nearly all forms of energy creates.
Yeah, the reason oil companies started using new and really expensive drilling techniques is BECAUSE THEY ARE FUCKING RETARDS, right?
You're the smart guy here, there was absolutely no reason for that, those retarded Texans should have just waited like a year or two and continued pumping like it was 1930.
Because the process to refill the oil fields is totally instantaneous, right? And also in line with exponential usage growth. Oil fields that took thousands of years to fill only take a week, tops, to refill.
Yep. You deserve a Nobel prize in all the science because of that one college report you did.
What an articulate response. How can anyone argue with well researched facts like "FUCKING RETARDS". Do you wear a helmet? Probably should.
So for the low IQ mouth breathers, such as yourself, there are 2 primary reasons oil companies have continued to drill.
To increase their market share. Businesses want to grow.
Demand has increased and you can only pull so much out of a particular well. You need more wells to keep up with increasing demand.
Because the process to refill the oil fields is totally instantaneous, right? And also in line with exponential usage growth. Oil fields that took thousands of years to fill only take a week, tops, to refill.
Not only do you suffer cognitively, you lack basic reading comprehension. I said it took years to refill. I said they could over pump the wells, and had to slow the pumping down to equalize what was being produced. I also said, the research was old and caveated it with "At least at the time...".
So why don't you go do some ACTUAL research, and come back and tell us how many major oil wells have gone dry?
Here is one to get you started?
Bob Dudley [BP CEO], in his 38 years in the oil industry, has never seen anything like what happened with BP Plc’s old fields last year: They gushed more crude."
I did a research paper on this "back in the day" for a college class. I came across this very same fact. I was young and dumb, and I had no idea about the politics around energy. Thankfully, the young internet back then was not yet cucked. Search engines actually supported advanced search terms and returned unmolested results. Anyway...
Starting very soon after petroleum was used as major energy source, they started predicting and fear mongering running out of oil. Every 10 to 15 years they would stoke the fears again.
First it was fears of a finite supply. "there is only so much, we are going to run out!". At least at the time, there was no major oil well that actually went dry. Even wells they thought went dry, they went back to them a few years later and found they were replenished. They eventually figured out that if they throttled their pumping a little, the wells pretty much flowed continuously.
Why? Because the earth was actively producing oil. It wasn't dead t-rex's.
Once they had to admit this, it turned into "peak oil!! reeEEEEee!!". The theory that consumption was going to out pace the creation of new oil.
When that didn't work, they tried the ozone and acid rain to stop the use of oil.
And when that lie ultimately failed, they came up with the ingenious idea that CO2 was a pollutant. It was ingenious because they capitalized on the fact we were coming out of The Little Ice Age (climate was warming naturally... at the time), and they leveraged fear and ignorance and then blamed it on an odorless colorless gas that nearly all forms of energy creates.
Yeah, the reason oil companies started using new and really expensive drilling techniques is BECAUSE THEY ARE FUCKING RETARDS, right?
You're the smart guy here, there was absolutely no reason for that, those retarded Texans should have just waited like a year or two and continued pumping like it was 1930.
Because the process to refill the oil fields is totally instantaneous, right? And also in line with exponential usage growth. Oil fields that took thousands of years to fill only take a week, tops, to refill.
Yep. You deserve a Nobel prize in all the science because of that one college report you did.
What an articulate response. How can anyone argue with well researched facts like "FUCKING RETARDS". Do you wear a helmet? Probably should.
So for the low IQ mouth breathers, such as yourself, there are 2 primary reasons oil companies have continued to drill.
To increase their market share. Businesses want to grow.
Demand has increased and you can only pull so much out of a particular well. You need more wells to keep up with increasing demand.
Not only do you suffer cognitively, you lack basic reading comprehension. I said it took years to refill. I said they could over pump the wells, and had to slow the pumping down to equalize what was being produced. I also said, the research was old and caveated it with "At least at the time...".
So why don't you go do some ACTUAL research, and come back and tell us how many major oil wells have gone dry?
Here is one to get you started?
Oops, no that one backs what I was saying. My bad.
So oil is a limited resource that you can't just produce on demand in infinite quantities with ever growing extraction costs?
OMG, shocking.