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words: OIL
There will be a trend toward less American reliance on OPEC oil with most of the oil coming from Venezuela . Venezuela will continue be one of the top petroleum trading nations . Oil production is stepping up to make Venzuela a stronger force in supply . [Learn More...]
Japan must abandon its long history and mindset . The dangers of synthetic nationalism are reflected remorsefully in the fact that Japan could have benefited from cheaper quality foreign products . Japan is the second largest financial power in the world and Japan is wealthy , 120 million hardworking and well - educated citizens . For 40 years Japan has sustained a population of 100 million . Is Japan a producer of wealth ? Is Japan a consumer of wealth ? Countries rich in natural resources are suffering . In 1980s OPEC nations realized oil and ores were not enough to fuel economic growth . Japan has made up for the mineral poverty by transforming its economy based on manufactured goods . Japan geography is 80% mountainous forcing imports . Japan imports raw goods and converts them to value added goods . Japan is not a welfare state mandating that “those who work eat” . Japanese farm 10 million tons of fish and can maintain supply rates indefinitely . Japan associates with Oil rich Arab countries , but not Israel ; Japan considers Korea and Taiwan rivals ; Japan courts Indonesia and Malaysia ; and Japan aids the Philippines and Thailand . The world is divided into two types of countries : Countries rich in resources and countries with strong markets for manufactured goods . [Learn More...]
Recession will remain soft and interest rates - low . The US has created less reliance on OPEC oil since the 70s . Without the 70s , 10 fold increases in oil prices , interest rates fluctuation will remain within reasonable ranges . Long term forecasts for deflation scenerio are unlikely . Prices will drop to adjust to supply and demand imbalances , but overall inflation will remain moderate . Supply chain sofware will keep inventories small and allow competitive price bargins to be realized . Just in time inventory management will allow companies to keep less products on hand . There will be a rising share of the economy coming from services . All job growth will be in the services sector . Adjustments in the business cycle may cause sales to become soft . In this case , outsourced services will become more attractive . Outsourcing will reduce operational costs while maintaining service quality . The trend of strong foreign investments will continue to remain strong . [Learn More...]
Under the abiogenic theory , if oil and gas are flowing upwards from deep high pressure levels any caprock . No rock has a significant tensile strength , so no rock can hold down a flue that comes up with a pressure greater than that exerted by the weight of the overburden . A caprock will create a concentration of the fluids below it , but he steady flow rate will eventually be reestablished at a value equal to the flow rate at the deep source . For example , a dam causes a lake to form on the upstream side , but after the lake has filled , the flow rate rate resumes . [Learn More...]
. Energy Conservation does not work and reflects short - term vision . Energy innovation develops new sources of energy ( solar , fusion , and nuclear ) making energy more abundant and cheaper . Oil is on the demise . Oil energy has become more expensive . Industrial countries are face with a choice , either consume more energy and drive the price higher , making goods more expensive and causing inflation and declining wages ; or they can make the economy more informative by developing methods of production and patterns of consumption that use less energy and capital resource and more knowledge . [Learn More...]
At the temperatures and pressures on or near the earth ' s surface , some hydrocarbons are solid ( coal ) , some are liquid ( crude oil ) , and some are in the vapor state ( natural gas ) . [Learn More...]
If the uppermost domain has fluid pressure decreased by production of oil or gas , then the pressure differential across the crushed layer of low permeability will automatically increase . Transport through that layer will therefore accelerate . The top field will be replenished at a rate given by the leakage from below , when the delicate pressure balance between rock and fluid has been change . The top field will be drawing on the deeper reserves that have not been accessed directly . [Learn More...]
The demise of oil . In the energy industry , we continue to place our money on the wrong horse , fossil fuels . Solar power will be the next big breakthrough . Electricity is the future , not oil . [Learn More...]
In 1996 , indigeous microbes found from an oil well in Alaska at a depth of 4 . 2 kilometers and a temperature of 110C . [Learn More...]
If oil and gas have indeed come up from below , we cn expect a vertical series of deeper reservoirs to be stacked below the producing field . [Learn More...]


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