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The Forum > Article Comments > Saudi Arabia: we'll pump the world's very last barrel of oil > Comments

Saudi Arabia: we'll pump the world's very last barrel of oil : Comments

By Tsvetana Paraskova, published 29/1/2019

OPEC's largest producer continues to expect global oil demand to keep rising at least by 2040 and sees itself as the oil producer best equipped to continue meeting that demand.

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Saudi expectations and OPEC's rely on corrupt politicians to keep obeying their master's instructions and continuing to forbid any development in MSR thorium and energy cheap enough, to quite literally to turn seawater into inexhaustible liquid fuel! Mostly as hydrogen and ammonia?

Other than that, we can grow blue-green algae better than virtually anyone else. Some algae are up to 60% oil and two trialled types produce ready to use bio-diesel and Jet fuel. And absolutely just about the only product we ought to be growing along the Murray/Darling Basin.

And for just 2% of the water demands of traditional irrigation. With all of it suppliable with recycled effluent, leaving natural river flows exclusively for the environment, supplemented by the discharge from algae production after it has been cleaned by several natural, extremely inexpensive, fuel production processes.

The first being copious biogas production on a massive scale, followed by algae production to completely remove the nutrient load, followed by filtering through deionisation dialysis and activated carbon, to make this source of water the most pristine water we could actually add to the flow.

Under optimised conditions, oil-rich algae double their weight and oil content, every 24 hours!

If all the above is so good, why isn't everyone doing it and given our current circumstances and the billions we are allegedly pouring into drought relief? Why aren't we, as a mandatory condition of being allowed to BORROW any water from the Basin!?

Good question and one OUR pollies and Mr motor mouth/talk over everyone, else must answer before the very next election!
Alan B.
Posted by Alan B., Tuesday, 29 January 2019 10:53:15 AM
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Science has recently found a way to combine liquified CO2 to liquified hydrogen to produce synthetic hydrocarbons, that can be extracted from seawater. CO2 is simply vacuumed out in vacuum towers, then purified through fractional distillation. followed by several compression processes to produce liquid CO2. Which as a liquid can be combined to produce several hydrocarbons, one of which is endlessly sustainable jet fuel.

Others include a petrol substitute, plus all manner of plastics and fertilizer. And vastly superior lubricants, which include very heavy duty industrial lubricants. And just depends on how much carbon is included in the synthetic hydrocarbon.

[Saudi can help this process and factory produced fuel establish itself by the simple expediency of rationing supply and colluding with other OPEC oil producers to collude on price gouged (weaponized) oil supply!]

Combined with coal and or plastic which has been recycled as much as possible, able to be used as blacktop road surfacing etc?

Interestingly, as quickly as one extracts voluminous CO2 from seawater, the water absorbs a similar amount from the atmosphere, giving humankind a way, but only if MSR thorium is included, to rapidly draw down atmospheric CO2 and all that implies for manmade climate change!
Alan B.
Posted by Alan B., Tuesday, 29 January 2019 11:23:09 AM
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SAUDIS RULE OK?

It is most off-putting that the world is dependent on Saudi Arabia for so much oil.

Saudi oil market power is so great that the Saudis dominate OPEC and can increase or decrease oil output so as to set the world oil price.

What of the good old days when the US Navy dominated the Persian Gulf where so much Saudi oil is transferred to tankers?

The Saudis have blown their good name for public executions by attacking and starving civilians in Yemen over the last two years.

Some say they ate the dissident journalist Jamal Khashoggi's body in October 2018, to hide the evidence, but they probably merely murdered him http://en.wikipedia.org/wiki/Jamal_Khashoggi .
Posted by plantagenet, Tuesday, 29 January 2019 11:50:51 AM
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BTW.

You can read the OLO article by clicking http://www.onlineopinion.com.au/view.asp?article=20134&page=0
Posted by plantagenet, Tuesday, 29 January 2019 11:53:31 AM
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The US is now the largest exporter of fossil fuels in the world thanks to the fracking revolution. Many people continue to fail to understand the ramifications of that.

Of coarse, its not often talked about because of the current incumbent in the White House who has overseen this revolution. (recall that the previous president assured us that the US couldn't drill its way to energy self-sufficiency).

Claims that Saudi "can increase or decrease oil output so as to set the world oil price" are no longer valid. They tried to kill off the US fracking industry by manipulating output and price and monumentally failed.

As one US international expert has opined, in the past the US Navy needed to be able to keep the Straits of Hormuz open. Now they just need to be able to close it at will, since they no longer need that oil supply.

The international ramifications of the change is that the US no longer needs to be a player in the idiocy that M-E politics. Just protect Israel and their allies (which now includes Saudi) and ensure that no one player dominates the region. That is what is behind Trump's anxiety to get out of Syria and Afghanistan.

The Saudi's trump hand, so to speak, is gone forever. It may turn out that they are the last to pump oil but that'll be well into the 22nd century if not later again.
Posted by mhaze, Tuesday, 29 January 2019 1:36:14 PM
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Nick Cunningham, Oilprice.com, August 22, 2018 in

"Why The Saudis Are Still Dominating Oil Markets"

see http://oilprice.com/Energy/Energy-General/Why-The-Saudis-Are-Still-Dominating-Oil-Markets.html

"its dominant player Saudi Arabia’s, output policy which has had the biggest impact on physical balances, prices and the term structure to date...

[and especially]...For all the talk about U.S. shale, Iran, the trade war, the currency crisis, or any other potential gamechanger, Saudi Arabia still exercises the most short-term control over oil prices." etc, etc

The forces of Oil Truth, as we know it, rest our case :)
Posted by plantagenet, Tuesday, 29 January 2019 8:53:38 PM
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