Hegemonic Institute for Peace and Social Justice

New Oil

This is interesting:

Motor Trend

Is The Earth Producing MORE Oil?

Lost in the big news last week — the race for the Democratic nomination, the reeling U.S. economy, the ongoing life/death saga that is “Dancing with the Stars” — came word that a new deep-water exploration area off the coast of Brazil could contain as much as 33 billion barrels of oil. How much is that? If estimates are accurate, the Brazilian find would amount to the world’s third-largest oil reserve. In comparison, the U.S. has proven oil reserves of 21.8 billion barrels.

…What does Gold have to do with the recent Brazil oil find? In 1999, Gold published “The Deep Hot Biosphere,” a paper that postulated that coal and oil are produced not by the decomposition of organic materials, but in fact are “abiogenic” — the product of tectonic forces; i.e., deeply embedded hydrocarbons being brought up and through the earth’s mantle and transformed into their present states by bacteria living in the earth’s crust. ~blogs.motortrend.com

Shoved into the internet 'tubes' on April 19, 2008, by Hegemonic Pundit, under the following categories: hegemony

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