200 billion barrels of oil anyone?

[Diesel Damo]

<http://www.arabnews.com/?page=1&section=0&article=61713&d=7&m=4&y=2005>

"Saudi Arabia might manage to increase its crude reserves by 200
billion barrels to its existing 261 billion barrels, Minister of
Petroleum and Mineral Resources Ali Al-Naimi was quoted by the Saudi
Press Agency as saying."

[...]

""These huge reserves enable the Kingdom to remain a major oil
producer for between 70 and 100 years, even if it raises its production
capacity to 15 million barrels per day, which may well happen during
the next 15 years," Al-Naimi said."

[Mot Adv-NSW]

"Diesel Damo" <googlegroups.com...
> <http://www.arabnews.com/?page=1&section=0&article=61713&d=7&m=4&y=2005>

> "Saudi Arabia might manage to increase its crude reserves by 200
> billion barrels to its existing 261 billion barrels, Minister of
> Petroleum and Mineral Resources Ali Al-Naimi was quoted by the Saudi
> Press Agency as saying."

> [...]

> ""These huge reserves enable the Kingdom to remain a major oil
> producer for between 70 and 100 years, even if it raises its production
> capacity to 15 million barrels per day, which may well happen during
> the next 15 years," Al-Naimi said."

Exactly - 70 100 years out planning. The world is awash with oil - the
'easy' stuffs tapped already.

Little wonder then that GWB is sending America in a direction AWAY from
dependence on Middle East Oil in the next 20 years preferring to investigate
new energy sources. (VOA TV on AS2).

JP

[Michael C]

"Diesel Damo" <Diesel_4WD@yahoo.com.au> wrote in message
news:1112920799.697203.147460@f14g2000cwb.googlegr oups.com...
> ""These huge reserves enable the Kingdom to remain a major oil
> producer for between 70 and 100 years, even if it raises its production
> capacity to 15 million barrels per day, which may well happen during
> the next 15 years," Al-Naimi said."

Where the frig do they keep that much oil?!? Wouldn't they be better off
keeping it in the ground?

Michael

[Mot Adv-NSW]

"Michael C" <me@nospam.com> wrote in message
news:4256143e$0$43991$14726298@news.sunsite.dk...
> "Diesel Damo" <Diesel_4WD@yahoo.com.au> wrote in message
> news:1112920799.697203.147460@f14g2000cwb.googlegr oups.com...
>> ""These huge reserves enable the Kingdom to remain a major oil
>> producer for between 70 and 100 years, even if it raises its production
>> capacity to 15 million barrels per day, which may well happen during
>> the next 15 years," Al-Naimi said."
>
> Where the frig do they keep that much oil?!? Wouldn't they be better off
> keeping it in the ground?

Yes, in the Yanks keep their strategic reserves in the salt caves off New
Mexico.


>
> Michael
>

[Dan---]

"Diesel Damo" <Diesel_4WD@yahoo.com.au> wrote in message
news:1112920799.697203.147460@f14g2000cwb.googlegr oups.com...
> <http://www.arabnews.com/?page=1&section=0&article=61713&d=7&m=4&y=2005>
>
> "Saudi Arabia might manage to increase its crude reserves by 200
> billion barrels to its existing 261 billion barrels, Minister of
> Petroleum and Mineral Resources Ali Al-Naimi was quoted by the Saudi
> Press Agency as saying."

<bids>

Yeah i'll take em

Damo can I borrow ya ute?

;-)

[Diesel Damo]

Dan--- wrote:
> <bids>
>
> Yeah i'll take em
>
> Damo can I borrow ya ute?
>
> ;-)

LOL. Only if you convert it all to something resembling diesel and give
me half. Actually, I'd even settle for just *one* billion barrels -
bargain! =)

[Michael C]

"Mot Adv-NSW" <mot.adv@gotalk.net.au> wrote in message
news:4256187c$0$43994$14726298@news.sunsite.dk...
> Yes, in the Yanks keep their strategic reserves in the salt caves off New
> Mexico.

Sounds like an environmental disaster...

Michael

[Mot Adv-NSW]

me@nospam.com> wrote in message
news:42561ccb$0$43992$14726298@news.sunsite.dk...
> "Mot Adv-NSW" <mot.adv

>> Yes, the Yanks keep their strategic reserves in the salt caves off New
>> Mexico.

> Sounds like an environmental disaster...

Since, I think WW2.... Try a Google for result...

> Michael

[Dan---]

"Diesel Damo" <Diesel_4WD@yahoo.com.au> wrote in message > >
> > ;-)
>
> LOL. Only if you convert it all to something resembling diesel and give
> me half. Actually, I'd even settle for just *one* billion barrels -
> bargain! =)

I would go absolutely bonkers with power with 200 billion barrels of oil!

Muwahahahaahah bahahahahahaah cough cough loogy cough!

wipes monitor

me shuts up now

cough
:-)
--
Regards Dan

[Toby Ponsenby]

On 7 Apr 2005 18:02:06 -0700, Diesel Damo wrote:

> <http://www.arabnews.com/?page=1&section=0&article=61713&d=7&m=4&y=2005>
>
> "Saudi Arabia might manage to increase its crude reserves by 200
> billion barrels to its existing 261 billion barrels, Minister of
> Petroleum and Mineral Resources Ali Al-Naimi was quoted by the Saudi
> Press Agency as saying."
>
> [...]
>
> ""These huge reserves enable the Kingdom to remain a major oil
> producer for between 70 and 100 years, even if it raises its production
> capacity to 15 million barrels per day, which may well happen during
> the next 15 years," Al-Naimi said."

Is it just me, or is this announcement gently telling us that a SCAM
is being perpetrated?

--
Toby.
quidquid latine dictum
sit, altum viditur

[atec]

Toby Ponsenby wrote:
> On 7 Apr 2005 18:02:06 -0700, Diesel Damo wrote:
>
>
>><http://www.arabnews.com/?page=1&section=0&article=61713&d=7&m=4&y=2005>
>>
>>"Saudi Arabia might manage to increase its crude reserves by 200
>>billion barrels to its existing 261 billion barrels, Minister of
>>Petroleum and Mineral Resources Ali Al-Naimi was quoted by the Saudi
>>Press Agency as saying."
>>
>>[...]
>>
>>""These huge reserves enable the Kingdom to remain a major oil
>>producer for between 70 and 100 years, even if it raises its production
>>capacity to 15 million barrels per day, which may well happen during
>>the next 15 years," Al-Naimi said."
>
>
> Is it just me, or is this announcement gently telling us that a SCAM
> is being perpetrated?
>
Nothing gentle about it . we have enormous reserves but the companys
are making billions with scare tactics..

[Scotty]

"Diesel Damo" <Diesel_4WD@yahoo.com.au> wrote in message
news:1112939122.297596.106690@l41g2000cwc.googlegr oups.com...
> Dan--- wrote:
>> <bids>
>>
>> Yeah i'll take em
>>
>> Damo can I borrow ya ute?
>>
>> ;-)
>
> LOL. Only if you convert it all to something resembling diesel and give
> me half. Actually, I'd even settle for just *one* billion barrels -
> bargain! =)
>
Check this link out ya ute may just cart them about as well.....
http://stan.cc.swin.edu.au/~jeff/cars/TopGearToyotaHilux-Unbreakable.wmv

[Uncle Bully]

"atec" <atec77@XXXhotmail.com> wrote in message
news:425641bc@dnews.tpgi.com.au...
> Toby Ponsenby wrote:
>> On 7 Apr 2005 18:02:06 -0700, Diesel Damo wrote:
>>
>>
>>><http://www.arabnews.com/?page=1&section=0&article=61713&d=7&m=4&y=2005>
>>>
>>>"Saudi Arabia might manage to increase its crude reserves by 200
>>>billion barrels to its existing 261 billion barrels, Minister of
>>>Petroleum and Mineral Resources Ali Al-Naimi was quoted by the Saudi
>>>Press Agency as saying."
>>>
>>>[...]
>>>
>>>""These huge reserves enable the Kingdom to remain a major oil
>>>producer for between 70 and 100 years, even if it raises its production
>>>capacity to 15 million barrels per day, which may well happen during
>>>the next 15 years," Al-Naimi said."
>>
>>
>> Is it just me, or is this announcement gently telling us that a SCAM
>> is being perpetrated?
>>
> Nothing gentle about it . we have enormous reserves but the companys are
> making billions with scare tactics..

Which companies are those then?

[Uncle Bully]

"Diesel Damo" <Diesel_4WD@yahoo.com.au> wrote in message
news:1112920799.697203.147460@f14g2000cwb.googlegr oups.com...
> <http://www.arabnews.com/?page=1&section=0&article=61713&d=7&m=4&y=2005>
>
> "Saudi Arabia might manage to increase its crude reserves by 200
> billion barrels to its existing 261 billion barrels, Minister of
> Petroleum and Mineral Resources Ali Al-Naimi was quoted by the Saudi
> Press Agency as saying."
>
> [...]
>
> ""These huge reserves enable the Kingdom to remain a major oil
> producer for between 70 and 100 years, even if it raises its production
> capacity to 15 million barrels per day, which may well happen during
> the next 15 years," Al-Naimi said."


Might, might, may, maybe. I hope there's more to base our economic salvation
than this unsupported quote?

[Uncle Bully]

"Mot Adv-NSW" <mot.adv@gotalk.net.au> wrote in message
news:4255f921$0$43987$14726298@news.sunsite.dk...
>
> "Diesel Damo" <googlegroups.com...
>> <http://www.arabnews.com/?page=1&section=0&article=61713&d=7&m=4&y=2005>
>
>> "Saudi Arabia might manage to increase its crude reserves by 200
>> billion barrels to its existing 261 billion barrels, Minister of
>> Petroleum and Mineral Resources Ali Al-Naimi was quoted by the Saudi
>> Press Agency as saying."
>
>> [...]
>
>> ""These huge reserves enable the Kingdom to remain a major oil
>> producer for between 70 and 100 years, even if it raises its production
>> capacity to 15 million barrels per day, which may well happen during
>> the next 15 years," Al-Naimi said."
>
> Exactly - 70 100 years out planning. The world is awash with oil - the
> 'easy' stuffs tapped already.

Where?

[Uncle Bully]

"Toby Ponsenby" <toby@privacy.net> wrote in message
news:nwwl216k3ys1.1pvi9y2okvb8s.dlg@40tude.net...
> On 7 Apr 2005 18:02:06 -0700, Diesel Damo wrote:
>
>> <http://www.arabnews.com/?page=1&section=0&article=61713&d=7&m=4&y=2005>
>>
>> "Saudi Arabia might manage to increase its crude reserves by 200
>> billion barrels to its existing 261 billion barrels, Minister of
>> Petroleum and Mineral Resources Ali Al-Naimi was quoted by the Saudi
>> Press Agency as saying."
>>
>> [...]
>>
>> ""These huge reserves enable the Kingdom to remain a major oil
>> producer for between 70 and 100 years, even if it raises its production
>> capacity to 15 million barrels per day, which may well happen during
>> the next 15 years," Al-Naimi said."
>
> Is it just me, or is this announcement gently telling us that a SCAM
> is being perpetrated?

This article is nothing but Saudi propaganda. Run your bullshit meter
against it and see how much credible information comes out of it. I'll give
you a hint. None.

[Uncle Bully]

"Mot Adv-NSW" <mot.adv@gotalk.net.au> wrote in message
news:4256187c$0$43994$14726298@news.sunsite.dk...
>
> "Michael C" <me@nospam.com> wrote in message
> news:4256143e$0$43991$14726298@news.sunsite.dk...
>> "Diesel Damo" <Diesel_4WD@yahoo.com.au> wrote in message
>> news:1112920799.697203.147460@f14g2000cwb.googlegr oups.com...
>>> ""These huge reserves enable the Kingdom to remain a major oil
>>> producer for between 70 and 100 years, even if it raises its production
>>> capacity to 15 million barrels per day, which may well happen during
>>> the next 15 years," Al-Naimi said."
>>
>> Where the frig do they keep that much oil?!? Wouldn't they be better off
>> keeping it in the ground?
>
> Yes, in the Yanks keep their strategic reserves in the salt caves off New
> Mexico.

The "strategic reserves" are to be saved for a rainy day we do indeed start
to run out. John Kerry has already requested that this strategic reserve be
released. This sort of goes against the "we've got heaps of oil" argument
doesn't it?

[Uncle Bully]

"Diesel Damo" <Diesel_4WD@yahoo.com.au> wrote in message
news:1112920799.697203.147460@f14g2000cwb.googlegr oups.com...
> <http://www.arabnews.com/?page=1&section=0&article=61713&d=7&m=4&y=2005>
>
> "Saudi Arabia might manage to increase its crude reserves by 200
> billion barrels to its existing 261 billion barrels, Minister of
> Petroleum and Mineral Resources Ali Al-Naimi was quoted by the Saudi
> Press Agency as saying."
>
> [...]
>
> ""These huge reserves enable the Kingdom to remain a major oil
> producer for between 70 and 100 years, even if it raises its production
> capacity to 15 million barrels per day, which may well happen during
> the next 15 years," Al-Naimi said."

I found a quote from the BBC about this:
"So the BBC asked the other delegates what they thought of the prospects of
a 30% increase in Saudi production. "The answers were unambiguous:
'absolutely out of the question'; 'completely impossible'; and '3m barrels -
never, not even 300,000'. One delegate laughed so hard he had to support
himself on a table."
The world's problem is as follows. We now consume six barrels of oil for
every new barrel we discover. Major oil finds (of over 500m barrels) peaked
in 1964. In 2000, there were 13 such discoveries, in 2001 six, in 2002 two
and in 2003 none. Three major new projects will come onstream in 2007 and
three in 2008. For the following years, none have yet been scheduled. ""

[atec]

Uncle Bully wrote:
> "Mot Adv-NSW" <mot.adv@gotalk.net.au> wrote in message
> news:4256187c$0$43994$14726298@news.sunsite.dk...
>
>>"Michael C" <me@nospam.com> wrote in message
>>news:4256143e$0$43991$14726298@news.sunsite.dk...
>>
>>>"Diesel Damo" <Diesel_4WD@yahoo.com.au> wrote in message
>>>news:1112920799.697203.147460@f14g2000cwb.googlegr oups.com...
>>>
>>>>""These huge reserves enable the Kingdom to remain a major oil
>>>>producer for between 70 and 100 years, even if it raises its production
>>>>capacity to 15 million barrels per day, which may well happen during
>>>>the next 15 years," Al-Naimi said."
>>>
>>>Where the frig do they keep that much oil?!? Wouldn't they be better off
>>>keeping it in the ground?
>>
>>Yes, in the Yanks keep their strategic reserves in the salt caves off New
>>Mexico.
>
>
> The "strategic reserves" are to be saved for a rainy day we do indeed start
> to run out. John Kerry has already requested that this strategic reserve be
> released. This sort of goes against the "we've got heaps of oil" argument
> doesn't it?
>
>
>
No , and then there is oil from other sources , just because it aint
black and oily doesnt mean it wont burn/lubricate

[atec]

Uncle Bully wrote:
> "Toby Ponsenby" <toby@privacy.net> wrote in message
> news:nwwl216k3ys1.1pvi9y2okvb8s.dlg@40tude.net...
>
>>On 7 Apr 2005 18:02:06 -0700, Diesel Damo wrote:
>>
>>
>>><http://www.arabnews.com/?page=1&section=0&article=61713&d=7&m=4&y=2005>
>>>
>>>"Saudi Arabia might manage to increase its crude reserves by 200
>>>billion barrels to its existing 261 billion barrels, Minister of
>>>Petroleum and Mineral Resources Ali Al-Naimi was quoted by the Saudi
>>>Press Agency as saying."
>>>
>>>[...]
>>>
>>>""These huge reserves enable the Kingdom to remain a major oil
>>>producer for between 70 and 100 years, even if it raises its production
>>>capacity to 15 million barrels per day, which may well happen during
>>>the next 15 years," Al-Naimi said."
>>
>>Is it just me, or is this announcement gently telling us that a SCAM
>>is being perpetrated?
>
>
> This article is nothing but Saudi propaganda. Run your bullshit meter
> against it and see how much credible information comes out of it. I'll give
> you a hint. None.
fact is the stuff exists.. at least it did 15 years ago when working
there...
>
>