What is Digg?134 Comments
- mrdeathgod, on 08/19/2008, -1/+58Did you know that old motor oil can be used to fertilize your lawn?
-- Fight Club - BuckNutty, on 08/19/2008, -3/+54#11 - The second largest oil reserve in world is in Canada
The U.S. and China are already fighting for a piece of the pie. - FulcrumVitesse, on 08/19/2008, -4/+40#12: Many plastics are made from oil, including the most used ones, polystyrene and PVC. Plastics have become a lot more expensive due to the rising oil prices.
- temporaryescape, on 08/19/2008, -2/+36The sexiest oil? Extra virgin olive.
- upick, on 08/19/2008, -22/+45here's one thing missing from the list
#11 Oil Is The Reason For War - hmunkey, on 08/19/2008, -0/+19Oh ***** Canadians, watch your backs.
- paross2, on 08/19/2008, -12/+311. The CEO of Exxon Mobil got the largest retirement package of any CEO of any company, ever.
2. Exxon Mobil posted the highest 3rd quarter earnings last year of any company in the HISTORY of the Dow Jones.
3. Exxon Mobil posted HIGHER 4th quarter earnings than that.
4. The oil industry receives tax breaks from the Bush administration.
5. Despite record profits, the oil industry cites tension in the middle east, busted pipelines, peak oil, the cost of additives and probably the direction the wind blows for the price hike./
6. Oil prices have risen over 400% over the past 10 years, while inflation has only grown about 50%.
7. Lobbyists control government legislation regulating oil in the US.
8. OPEC is a cartel, part of an Oligarchy with only it's own self interests in mind.
9. Technology exists to replace our dependency on oil, but it's been bought and throttled by the oil industry.
10. You'd think an oil company could at least lube us up really well before screwing us... Vasoline is just petrolium jelly, a byproduct of oil! - inactive, on 08/19/2008, -0/+18"Last year oil minister Ali Al-Naimi told reporters that the average barrel of Saudi oil costs just $2 to produce. It sells for $130." o rly?
- asnider, on 08/19/2008, -4/+20It's not *****. Just because it's expensive oil doesn't negate the fact that it's the 2nd largest reserve in the world.
- thegrantman, on 08/19/2008, -0/+14I'm stocking up on whales.
- jakash, on 08/19/2008, -0/+14"The amount of spilled oil during the Exxon Valdez was 10.8 million gallons or 257,000 barrels or 38,800 metric tonnes. This amount of oil can fill up about 125 olympic-sized swimming pools."
- davidrools, on 08/19/2008, -0/+12Sounds like it's time for Operation Canadian Freedom. We've got to get that tyrant Stephen Harper off the throne!
- afruff23, on 08/19/2008, -0/+12Standard Oil was actually one of the first oil companies to use gasoline as fuel rather than dump it in rivers.
- fasda, on 08/19/2008, -1/+12Oil is black due to impurities chains like Hexane and rings like cyclohexane and benzene which make up oil are clear
- mrdalloway, on 08/19/2008, -7/+17Does that mean oil is the new religion?
- TnTBass, on 08/19/2008, -0/+9Providing an alternative fuel for cars could (according to the numbers in this article) free up to 45% of oil consumed in the US.
Even if it doesn't completely replace dependence on oil, its a great start. - WaveRunningNakd, on 08/19/2008, -3/+12"Last year oil minister Ali Al-Naimi told reporters that the average barrel of Saudi oil costs just $2 to produce. It sells for $130."
looks like the US went to war with the wrong country. - CerMakAlot, on 08/19/2008, -1/+10It's not *****, but it is pretty much a moot point until we figure out how to get the stuff out of the ground and process it in a way that isn't a net loss of energy and money.
- inactive, on 08/19/2008, -4/+121. Without it the modern world wouldnt exist.
- SkippyDoorknob, on 08/19/2008, -0/+8The quest for natural resources has long been a trigger for war, even before the industrial revolution.
- LLLSecretChimp, on 08/19/2008, -2/+10Yep. There were never wars before we became dependent on oil.
- groo68, on 08/19/2008, -1/+8This list is supposed to be stuff most people don't know.
- jsauter, on 08/19/2008, -2/+9The oil sands are not a net loss. They are profitable at $30-$35 a barrel and I believe we blew past that one a long time ago.
- NonLeftistDiggr, on 08/19/2008, -4/+11Exxon makes 1400 a second, is taxed 4000 a second, and shares can be bought by anybody at any time to share in on the profit they make.... but thanks for your multiple propaganda items.
- duckyinc, on 08/19/2008, -1/+7Actually it's money
- dromni, on 08/19/2008, -1/+7Abiogenic oil would likely remove the possibility of the end of oil for the humanly conceivable future. However, there would still be the problem of humans occasionally consuming oil faster than it flows naturally from the innards of Earth, driving the same type of cyclic crisis of supply and demand that we are undegoing now.
- wunksta, on 08/19/2008, -1/+71) we can continue drilling and transition to alternatives at the same time
2) drilling our own oil will NOT substitute foreign oil nor will it drastically reduce the price, shows how much you know. - funkyloki, on 08/19/2008, -1/+6Rep Bill Sali (R-ID): "Forty percent of the mass of every tree in the forest is crude oil."
Bet you all didn't know that! That Rep. Sali, he so smart! - inactive, on 08/19/2008, -3/+8"Sperm Oil" small thumbnail made my ***** day. Thanks :D
- dellis, on 08/19/2008, -0/+5These guys at Harvard think otherwise:
"we can now rule out the presence of a globally significant abiogenic source of hydrocarbons."
http://adsabs.harvard.edu/abs/2002Natur.416..522S
So we can believe the guy who uses the term "Enviro-Marxists" in a political blog or the scientists publishing a peer-reviewed article. - radiantarchon, on 08/19/2008, -1/+6"Indeed, paint, computer and television screens, mobile phones, light bulbs, cushions, paper, mattresses, car seats, carpets, steering wheels and polyesters are all made with ingredients that Dow and other chemical companies refine from oil"
- ptsuk, on 08/19/2008, -0/+4Is everyone missing the fact that we have a renewable source of oil, just like corn we can harvest and grow this source of oil! ITS WHALES! ***** hippies deceived us! I bet they all own oil stocks and have nazi gold in offshore swiss accounts!
hehe. - Halsfield, on 08/19/2008, -1/+5these kinds of articles are so stupid, whoa, saudi arabia is rich because of oil? i never knew that! there was a gas shortage in the 70's? no @#$!ing way ! when gas is more expensive it costs more money to ship and make products ?! holy *****, you are a genius, im glad you were here to inform me, otherwise id just be a retard eating peanut butter with his face on a short bus heading to the zoo.
how about you just make an article that says "10 interesting facts about oil" instead of claiming you somehow know what i know about oil, or any other subject. I'm sure some young guy/girl out there didnt know some of these facts, but most of us that have been around 20 years or more knew most of this stuff for quite a while. - FelixDrylock, on 08/20/2008, -0/+4finally, I was afraid I'd have to make this comment myself. I only had to scroll all the way down before someone said it.
- inactive, on 08/19/2008, -5/+9that's *****.
it's in the form of tar sands which is more expensive to use. i.e. in economic terms is way lower.
i.e. a smaller reserve could be easier to give cheaper oil. - johnroth, on 08/19/2008, -0/+4Wait, so we don't know how to make Greek Fire? Huh. I had no idea.
- knowitman, on 08/20/2008, -0/+4Gasoline is only 1 use for the many uses that come from crude oil. Lubricants for cars, even electric cars, come from crude oil. Many cosmetic ingredients are oil based as are many pharmaceuticals and plastics.
- ctonks, on 08/20/2008, -0/+4sure is.
i urge you all to give it a try - Mier, on 08/19/2008, -0/+3Actually part of the reason for the oil crunch was that brain surgeon Carter's windfall profits tax. He taxed the ***** out of the oil companies so they didn't really have a reason to produce much gas as they were damned if you do and damned if you don't.
Can't tax your way out of a recession dumbass. - knowitman, on 08/20/2008, -1/+4"4. The oil industry receives tax breaks from the Bush administration."
The Bush administration isn't the only one to do this, and if it didn't prices would be even higher because the companies would just charge more to keep profit margins.
"9. Technology exists to replace our dependency on oil, but it's been bought and throttled by the oil industry."
Proof? Don't give me your conspiracy bull**** either. - TnTBass, on 08/19/2008, -0/+3Power is the reason for war.
Oil provides the money. Money provides the ability. Power provides the motivation. - jemka, on 08/19/2008, -1/+4The hell with intercontinental ballistic missiles, we need to bring back Greek Fire.
- DNABeast, on 08/20/2008, -0/+3My questions is 'How does NASA get the Sperm Whale Oil if whaling was outlawed in the 80's? Secret pact with Japan?
- stefan15, on 08/19/2008, -0/+3Canada actually has the largest bitumen reserve the world, as well.
- xptoast, on 08/19/2008, -0/+3Then comes the women?
- Halsfield, on 08/19/2008, -0/+3im not your pal, guy.
- Paranoidmarvin, on 08/19/2008, -1/+4The Alpha Quadrant
- bgrah449, on 08/19/2008, -0/+3@pathouston22: 1) Your question is not a math problem; it's an economics problem.
2) Zero barrels will go unused, because Suzy would just re-price her oil until Georgie could think of something to do with this new, incredibly cheap oil.
You're underrating how incredible the substance is. It will be used. Always. - svendm, on 08/19/2008, -0/+3Yeah. Unfortunately, abogenic oil is also complete *****. (says modern science)
Sorry but just because you WANT things to be true doesn't make it so. - pingveno, on 08/19/2008, -0/+2Keep wishing.
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