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Arise, you have nothing to lose but your barbed wire fences!

1998-09-10 - oil, Re: Citizenship silliness. Re: e$: crypto-expatriatism (fwd)

Header Data

From: Michael Motyka <mmotyka@lsil.com>
To: “Raymond D. Mereniuk” <Raymond@fbn.bc.ca>
Message Hash: 5ee859dd5c9bc134a62898ba6a7b0f4c531169d5df5e9bf97ee180835adbf880
Message ID: <35F8010C.35E5@lsil.com>
Reply To: <199809082359.SAA12044@einstein.ssz.com>
UTC Datetime: 1998-09-10 03:38:31 UTC
Raw Date: Thu, 10 Sep 1998 11:38:31 +0800

Raw message

From: Michael Motyka <mmotyka@lsil.com>
Date: Thu, 10 Sep 1998 11:38:31 +0800
To: "Raymond D. Mereniuk" <Raymond@fbn.bc.ca>
Subject: oil, Re: Citizenship silliness.  Re: e$: crypto-expatriatism (fwd)
In-Reply-To: <199809082359.SAA12044@einstein.ssz.com>
Message-ID: <35F8010C.35E5@lsil.com>
MIME-Version: 1.0
Content-Type: text/plain



Raymond D. Mereniuk wrote:
> > oil, the arabs will slip back into obscurity.
> 
Can't wait.

> Good point!  Ever wonder why a decreasing commodity non-
> renewable resource is becoming cheaper as the known reserves
> become smaller?
> 
> Maybe they want to sell it all before it becomes obsolete and
> maximize their income from that resource.
> 
> Within the oil business I have heard this mentioned in regards to
> natural gas.
> 
I remember going to hear a Cornell geophysicist speak on this subject
about 17 years ago. The gist of his talk was that the porosity of the
mantle material had some unexpected variation vs. depth. This, along
with the nature of the natural gas fields in Louisiana and the content
profile of some oil reserves indicated a large amount of natural gas
reserves as part of the deeper structure. I don't know where this ever
went but it was pretty interesting at the time.

Mike

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