steve wrote:
> Lynnet Bannion wrote:
>> On Thu, 29 May 2008 16:21:15 -0600, william <[log in to unmask]> wrote:
>>
>>> Alec Wood wrote:
>>>> This requires you to believe the Peak Oil Myth, Because without it 
>>>> they couldn't get away charging $5.00 a gallon for gas.
>>>> There is enough oil for about another 200 years.
>>
>
>>> There is also the story that oil is not a fossil fuel, but rather a 
>>> product of geological process; if true, we will never run out of it.
>> We can politely call that story a "fairy tale".  If this was true, 
>> the oil fields would
>> not be in decline, they'd be topping themselves up even as we speak.  
>> Why would we buy
>> expensive oil from unfriendly countries if we had an infinite, 
>> ever-restoring process always filling up our wells?
>>
>
> Oil Fields Are Refilling...
> Naturally - Sometimes Rapidly
> http://www.rense.com/general63/refil.htm
>
> Steve
>

  ** Oil Reserves Are Increasing**

http://www.lewrockwell.com/orig5/crispin8.html

Eugene Island is an underwater mountain located about 80 miles off the 
coast of Louisiana in the Gulf of Mexico. In 1973 oil was struck and 
off-shore platform Eugene 330 erected. The field began production at 
15,000 barrels a day, then gradually fell off, as is normal, to 4,000 
barrels a day in 1989, Then came the surprise; it reversed itself and 
increased production to 13,000 barrels a day. Probable reserves have 
been increased to 400 million barrels from 60 million. The field appears 
to be filling from below and the crude coming up today is from a 
geological age different from the original crude, which leads to the 
speculation that the world has limitless supplies of petroleum.

This really interested some scientists. Thomas Gold, astronomer and 
professor emeritus of Cornell held for years that oil is actually 
renewable primordial syrup continually manufactured by the earth under 
ultra hot conditions and tremendous pressures. This substance migrates 
upward picking up bacteria that attack it making it appear to have an 
organic origin, i.e., come from dinosaurs and vegetation. As best I have 
found so far Russian scientists support his position, at least that 
petroleum is of primordial origin. There is now plenty of evidence 
around proving the presence of methane in our universe. It is easy to 
see it as a part of the formation of the earth. Under the right 
conditions of temperature and pressure, it converts to more complex 
hydrocarbons.

<CONTINUES>


  The Deep Hot Biosphere : The Myth of Fossil Fuels (Paperback)

by Thomas Gold 
<http://www.amazon.com/exec/obidos/search-handle-url?%5Fencoding=UTF8&search-type=ss&index=books&field-author=Thomas%20Gold>
http://www.amazon.com/Deep-Hot-Biosphere-Fossil-Fuels/dp/0387952535/ref=pd_bbs_sr_1?ie=UTF8&s=books&qid=1212123050&sr=8-1

Steve