Mega oil find

hodson2k9 · Post by **hodson2k9** » 15 Dec 2012, 10:15

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.

JohnB · Post by **JohnB** » 15 Dec 2012, 10:25

Probably just about the amount of oil needed to get there, extract it, and bring it back

.

ziggy12345 · Post by **ziggy12345** » 15 Dec 2012, 10:43

Jupiters hydrogen atmosphere is larger and closer

ceti331 · Post by **ceti331** » 16 Dec 2012, 05:53

is there a corresponding amount of oxygen to burn it in...

RevdTess · Post by **RevdTess** » 16 Dec 2012, 07:29

Adding money will make the oxygen appear.

ceti331 · Post by **ceti331** » 17 Dec 2012, 07:49

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.

RenewableCandy · Post by **RenewableCandy** » 17 Dec 2012, 15:21

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?

Little John · Post by **Little John** » 17 Dec 2012, 16:30

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"

JohnB · Post by **JohnB** » 17 Dec 2012, 20:18

stevecook172001 wrote:I think Tess may have been referring to "hot air"

I think Tess may have been winding you up

.

Little John · Post by **Little John** » 17 Dec 2012, 22:02

JohnB wrote:
stevecook172001 wrote:I think Tess may have been referring to "hot air"
I think Tess may have been winding you up .

No, Tess was making a joke and I got it.

RevdTess · Post by **RevdTess** » 17 Dec 2012, 22:28

Well, economics and the free market can make anything out of thin air if you add enough money dontcha know.

ceti331 · Post by **ceti331** » 18 Dec 2012, 09:16

heh ok.its in real life where i hear people say "it just needs money" and they're serious

UndercoverElephant · Post by **UndercoverElephant** » 18 Dec 2012, 10:21

ziggy12345 wrote:Jupiters hydrogen atmosphere is larger and closer

Well, it's closer anyway.

Catweazle · Post by **Catweazle** » 18 Dec 2012, 21:13

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.

vtsnowedin · Post by **vtsnowedin** » 21 Dec 2012, 02:35

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.