[Gasification] Proven oil reserves are not a measure offuturesupply of world petroleum. It is a well known fallacyin thepetroleum industry to treat them in this way, and it has had serious political consequences.

gfarris glenn at biggreenenergy.com
Mon Mar 3 17:48:02 CST 2008


Angela,
I think what you have proposed is very good. In the explanation section I
would also add that biomass is a "home grown" fuel, if you will. Meaning
that the economics will benefit both directly and indirectly the residents
of Florida because the fuel will be locally sourced, collected and used,
thereby creating energy security for the state.

S. Glenn Farris
President & CEO
Biomass Gas & Electric, LLC
770-662-0256
www.biggreenenergy.com 
 

-----Original Message-----
From: gasification-bounces at listserv.repp.org
[mailto:gasification-bounces at listserv.repp.org] On Behalf Of Greg and April
Sent: Monday, March 03, 2008 4:08 PM
To: gasification at listserv.repp.org
Subject: Re: [Gasification] Proven oil reserves are not a measure
offuturesupply of world petroleum. It is a well known fallacyin thepetroleum
industry to treat them in this way,and it has had serious political
consequences.

Since when did the list become for professionals use only and when did
rubbish ( a term for trash ) become a forbidden word - especially when it is
used to describe something that has the appearance of such?

In case you missed it, I gave the data that supports my belief, and you
still would see me gone from the list, because I don't support your beliefs
- who is being "unprofessional"? 

The simple fact is, you don't like people who believe differently and are
willing to express their opinion - as such perhaps you are the one that
should be leaving the list.

Greg H.

  ----- Original Message ----- 
  From: MMBTUPR at aol.com 
  To: gregandapril at earthlink.net 
  Sent: Monday, March 03, 2008 11:46
  Subject: Re: [Gasification] Proven oil reserves are not a measure of
futuresupply of world petroleum. It is a well known fallacy in thepetroleum
industry to treat them in this way, and it has had serious political
consequences.


            from  Lewis L Smith

  You miss the point. The use of the word "rubbish", especially without
supporting data and analysis, is inappropriate in a professional discussion
group. 

  Incidentally, I and many other people have lost the confidence in
published figures for reserves, for the reasons mentioned previously. Too
many errors, omissions and bald-faced lies.

  Nothing of course is certain in the oil industry and has not been for a
long time. Indeed since the days of Col. Drake, its basis has been playing
off mathematical expectations. [ Not very good odds x big potential payoffs.
] 

  Today, given the odds which confront us, prudence dictates that at the
very least, one have contingency plans in hand, in case of a bad-case
scenario. That is the practical implication of findings on peak oil. A word
to the wise is sufficient.

  Incidentally, since you too insist on intemperate language, please do not
send me any more messages. 

  But do read what Deutsche Bank's oil team is saying about oil production
and oil prices. Then send them a one-sentance message saying that what they
are saying is "rubbish" and see what kind of an answer you get, to be posted
on the Gasification List.

  Sincerely. ###


  **************
  It's Tax Time! Get tips, forms, and advice on AOL Money & Finance.
  (http://money.aol.com/tax?NCID=aolprf00030000000001) 
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