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Mega oil find

Posted: 15 Dec 2012, 10:15
by hodson2k9
http://www.scoop.co.nz/stories/WO1212/S ... s-away.htm?
Have our wishes been answered? Scientists
have found an oil field which contains 200 times more hydrocarbons than there is water on the whole of the Earth. Time to wave peak oil goodbye forever … but before you do I should probably inform you of the tiny hiccup in any plan to develop this oil field.

It is around 1,300 light years away.

............

Just for those of you curious as to exactly how many barrels of oil that roughly equates to, here you go: one hundred and fifty-five quintillion, two hundred and thirty-eight quadrillion, ninety-five trillion, two hundred and thirty-eight billion, ninety-five million, two hundred and fifty thousand, or 155,238,095,238,095,250,000 barrels.
:lol:

Posted: 15 Dec 2012, 10:25
by JohnB
Probably just about the amount of oil needed to get there, extract it, and bring it back :D.

Posted: 15 Dec 2012, 10:43
by ziggy12345
Jupiters hydrogen atmosphere is larger and closer

Posted: 16 Dec 2012, 05:53
by ceti331
is there a corresponding amount of oxygen to burn it in...

Posted: 16 Dec 2012, 07:29
by RevdTess
Adding money will make the oxygen appear.

Posted: 17 Dec 2012, 07:49
by ceti331
Tess wrote:Adding money will make the oxygen appear.
energy makes money, not the other way round :)

when you try to make money without energy, you end up with bankrupt banks and so on.

Posted: 17 Dec 2012, 15:21
by RenewableCandy
I've got an idea: we invite everybody who has an insatiable urge to be obscenely rich (as opposed to those of us who, I'll admit it, could just do with a little bit more moolah for, ooh I dunno, a few more trees, say), to take part in an expedition to prospect for this oil and benefit from its processing and sale. We therefore kick the can a few centuries down the road. That do?

Posted: 17 Dec 2012, 16:30
by Little John
ceti331 wrote:
Tess wrote:Adding money will make the oxygen appear.
energy makes money, not the other way round :)

when you try to make money without energy, you end up with bankrupt banks and so on.
I think Tess may have been referring to "hot air"

Posted: 17 Dec 2012, 20:18
by JohnB
stevecook172001 wrote:I think Tess may have been referring to "hot air"
I think Tess may have been winding you up :wink:.

Posted: 17 Dec 2012, 22:02
by Little John
JohnB wrote:
stevecook172001 wrote:I think Tess may have been referring to "hot air"
I think Tess may have been winding you up :wink:.
No, Tess was making a joke and I got it.

Posted: 17 Dec 2012, 22:28
by RevdTess
Well, economics and the free market can make anything out of thin air if you add enough money dontcha know. ;)

Posted: 18 Dec 2012, 09:16
by ceti331
heh ok.its in real life where i hear people say "it just needs money" and they're serious :)

Posted: 18 Dec 2012, 10:21
by UndercoverElephant
ziggy12345 wrote:Jupiters hydrogen atmosphere is larger and closer
Well, it's closer anyway.

Posted: 18 Dec 2012, 21:13
by Catweazle
I wonder if these new discoveries have been added to the oil reserve figures yet. All we need is technology to exploit them, we're saved.

Posted: 21 Dec 2012, 02:35
by vtsnowedin
Tess wrote:Well, economics and the free market can make anything out of thin air if you add enough money dontcha know. ;)
Well realistic economists know that you must combine plant and equipment with labor and raw materials along with energy, management ,and research and development to get a final product but as all those things can usually be purchased with money or Capital as they put it you can oversimplify the whole process to just "adding money " to get what you want but if you don't have management spend the money wisely you might not get the end product you desire. :wink: