Saudi oil well dries up

Vitamin_C

Chief Minister (5k+ posts)
Dubai already ran out of oil a long time ago. Now they have gas, tourism and prostitution.
Abu Dhabi may have a stable supply until 2020.
Other major UAE state is Sharjah and its neighbour Ajman. They have ports and industry. Some times there is load shedding in Ajman and Sharjah.

Umm al Quwain, Fujairah, Ras Al Khaimah... These 3 states are poor theres no buildings there and nothing interesting either, they are almost like villages.
 

AsifAmeer

Siasat.pk - Blogger
Currently the Global production of Oil stands around 80~90 Million barrels of crude per day. Suppose there is a growth of 2% in demand, that makes it a demand of 110 million barrels of Oil per day in 10 years (After extracting oil at higer rates for the next 9 years)

There isnt an infinite amount of Oil on Earth. Even Air isnt infinite. To extract ever increasing oil from Earth is getting expensive in terms of energy, point to a a very clear trend in Energy Input/output ratio to extract oil. Shale extraction is a prime example that its not longer easy to extract oil anymore.

Look up Peak Oil in Wiki.. Its explains the concept pretty well.

Do you believe in this peak oil theory? It seems like another scam by oil companies to jack up the price of oil? The other I was watching T Boone Pickens on CNN talking about US being completely self sufficeint in energy if Washington choses to explore shale gas reserves inside mainland US.

Any comments?
@hkniazi
 
Last edited:

AsifAmeer

Siasat.pk - Blogger
US can print dollar much faster than Saudis can extract Oil or VW can produce Audis. Question, is how long can they continue... If it is cant sustain, it wont sustain...
The Saudis are happy in their Audis.

As long as their is USA to bling them up with dollars they are satisfied.
 

AsifAmeer

Siasat.pk - Blogger
And Pakistan has gas and coal reserves for the next 10,000 years...

Choro in "experts" ko yaar... These experts usually dont know whether to flush before or after taking a dump...

Look at the pricing.. look at the wars.. look at the Energy input/output ratio trends over the years. Suno sab ki.. lekin decide for yourself...
@AsifAmeer

I dont know if you know this, but saudi arabia has oil wells that can provide oil for atleast another 200 years.

I know bcoz I worked with oil companies there.
 

AsifAmeer

Siasat.pk - Blogger
I never claimed credit for this article. I included the name of the author and the site I got the article from.

I do no write to American Newspaper as I see no need to. There are much more brilliant minds here who I learn from.

I come to this site to share info which I know Pakistanis would never find on your local media. Some issues are complex. I try to explain as much as I can to my capacity.

I'd be happy to see you ignore my thread. thnx.

[hilar]ab yeh banda peak oil theory lay ker aa gaya hai

kaun aisa insaan hoga jo article likh likh ker aik forum per aa ker daalay takay log parhain?

bhai aap itni barri site per likh rahay ho to wahan ki viewership kaafi nahi? :lol:

asal main wahan koi dekhta nahi hoga, idhar aa ker daalta hai takay views milain aur iski jagah qaaim rahay

kal iski thread ignore kerna shuro kerdo, do din main site say nikaal daingay
 
G

gotti

Guest
I never claimed credit for this article. I included the name of the author and the site I got the article from.

I do no write to American Newspaper as I see no need to. There are much more brilliant minds here who I learn from.

I come to this site to share info which I know Pakistanis would never find on your local media. Some issues are complex. I try to explain as much as I can to my capacity.

I'd be happy to see you ignore my thread. thnx.

I know you'll be happy to prevent people from calling you out on ignorance and foolishness.

By far, the most hysterical thing I've come across on this site is that you'll be educating people on economics 101 or from econ for dummies. Your basic-level educational lectures are far surpassed by almost all who choose to ignore your 15 minutes of fame just as I will be, soon, along with this site.

Information, knowledge and understanding towards economics, accounting and business are being taught in elite universities like LUMS and IBA and kids from these schools are getting a better education than people such as yourself, in America, upon the funding of Americans themselves due to the academic excellence in achieving what you can't even dream of.

We don't hear from them but we hear from you and people like the person who liked your comment due to the basic concept summarized in the phrase, "empty vessel makes the loudest sound"

Kindly get some education yourself prior to taking upon the mammoth and indefinite task of educating the most ignorant group of people clumped together in an artificial state made in the pretext of religion and divided in the name of ethnicity.
 

rfarooqi

Councller (250+ posts)
Information, knowledge and understanding towards economics, accounting and business are being taught in elite universities like LUMS and IBA ...

May our universities truly become elite and pass on true knowledge and more importantly the spirit and enthusiasm for a never ending quest for truth and knowledge.
May our education system actually becomes successful in generating mass human development to the highest order.
May our universities also teach us the ethics of disagreement and ethics of argumentation.
 
G

gotti

Guest
May our universities truly become elite and pass on true knowledge and more importantly the spirit and enthusiasm for a never ending quest for truth and knowledge.
May our education system actually becomes successful in generating mass human development to the highest order.
May our universities also teach us the ethics of disagreement and ethics of argumentation.

Ameen.

May our imported people who live as second class citizens in the States stop trying to treat their own kind as third class citizens.

May our unwanted people stop trying to use their purchasing power on their own people to influence them to accept them as superiors when they clearly aren't even worth flipping burgers.

May our wastes of human life learn that if their place isn't in the homes of Caucasians, it most definitely isn't in the homes of people of their own kind as both communities consist of civilized humans whereas they are not even humans ("civilized" is a long shot).

May these opportunistic, self-appointed leaders in every field understand that they have no credibility or wisdom through which credibility or respect is gained. It is not ignorance of the "masses" that is stopping them from being the next Jinnah, it is their lack of wisdom and maturity.

May these fools get this through their heads that people much smarter than them exist and they don't need to project their feeling of achievement onto others as they aren't the only ones who have achieved something or gained knowledge that they didn't have before. Just because they gained this knowledge just now doesn't mean others don't have it or didn't have it from before.

May this ill-founded arrogance die a slow and painful death just as their egos so our communities based abroad and at home, can achieve something like other immigrant communities.

May these shallow characters lose all interest in "community organizing" and "community building" so Pakistanis, at home and abroad can finally achieve successes in which these self-imposed morons have been an impediment.

May they realize their worth and lose this false sense of superiority so those that deserve to lead based on humility, stability and intelligence can lead so bridges can be built with other communities and progress can be achieved. These people have only been counter-productive, contrary to their belief that their handshakes with popular people means that they are definitely doing something right.

May their children not feel pride in the false notion of superiority instilled into them by those who think they are the ones who achieved whatever they did while it was Allah who gave it to them and can give it to others, as well, if He chooses, just as He gave it to the self-styled "demi-gods", in question.

Can I get an amen? Or a hallelujah?
 
Last edited by a moderator:

ihsanbajwa

Voter (50+ posts)
O bhaiyoo upnay mulk ka socho. saudee hum say phirr bhee uchee zindagee guzar ruhay hain our well organized hein , wo kuch na kuch kurr lain gay...
 

PakGem

Minister (2k+ posts)
Agar in ki dolat khatam ho gayee to Pakistan mein madrason ke zariey sectarianism ko kon sponsor karey ga ??
 

PakGem

Minister (2k+ posts)
O bhaiyoo upnay mulk ka socho. saudee hum say phirr bhee uchee zindagee guzar ruhay hain our well organized hein , wo kuch na kuch kurr lain gay...

Yeh to waqt bataye ghaa ke achi zindagi oil wealth per thi yaa un ki mehnut per. Any how Pakistan mein Dehshet gardi, sectarianism ka ek bohat bara sponsor khatam ho jaye ga..
 

AsifAmeer

Siasat.pk - Blogger
I hope that IBA or LUMS is a better school than the State Uni I went to. But I seriously doubt that. Academia with its Efficient Market Theory, its Bell Curve probability distribution, its CAPM and Options pricing models... yahi sab parte hounge na? Talk is cheap. When all this intellect is put to test, you get "Long Term Capital Management" . I am glad I was trading before I took my 1st Finance class. I am privileged that the country I live in has the world's biggest Capital markets. So you see, I am a student of the market. Markets have taught me there's no such thing as an "independent supply and demand" curves. Markets have taught me there is no such thing as an Equilibrium point. If LUMS teaching all this, then hats off to that institution and that they are far ahead of Wharton, Princeton , LSE and Chicago school.

So why dont you hear from the LUMS and IBA folks? Mujhe kya pata.. Maybe you should ask them.

If I understand you correctly, your beef's that if IBA or LUMS folks are quiet - why am I not? Is that what you are upset about?

I know you'll be happy to prevent people from calling you out on ignorance and foolishness.

By far, the most hysterical thing I've come across on this site is that you'll be educating people on economics 101 or from econ for dummies. Your basic-level educational lectures are far surpassed by almost all who choose to ignore your 15 minutes of fame just as I will be, soon, along with this site.

Information, knowledge and understanding towards economics, accounting and business are being taught in elite universities like LUMS and IBA and kids from these schools are getting a better education than people such as yourself, in America, upon the funding of Americans themselves due to the academic excellence in achieving what you can't even dream of.

We don't hear from them but we hear from you and people like the person who liked your comment due to the basic concept summarized in the phrase, "empty vessel makes the loudest sound"

Kindly get some education yourself prior to taking upon the mammoth and indefinite task of educating the most ignorant group of people clumped together in an artificial state made in the pretext of religion and divided in the name of ethnicity.
 
G

gotti

Guest
I hope that IBA or LUMS is a better school than the State Uni I went to. But I seriously doubt that. Academia with its Efficient Market Theory, its Bell Curve probability distribution, its CAPM and Options pricing models... yahi sab parte hounge na? Talk is cheap. When all this intellect is put to test, you get "Long Term Capital Management" . I am glad I was trading before I took my 1st Finance class. I am privileged that the country I live in has the world's biggest Capital markets. So you see, I am a student of the market. Markets have taught me there's no such thing as an "independent supply and demand" curves. Markets have taught me there is no such thing as an Equilibrium point. If LUMS teaching all this, then hats off to that institution and that they are far ahead of Wharton, Princeton , LSE and Chicago school.

So why dont you hear from the LUMS and IBA folks? Mujhe kya pata.. Maybe you should ask them.

If I understand you correctly, your beef's that if IBA or LUMS folks are quiet - why am I not? Is that what you are upset about?

Not sure why you want accolades from me as I don't even know who you are?

The only hilarious thing about you (among many others) is that you're preaching about American Exceptionalism while also being pro-Iran, help me figure that out?

Goes to show how aligned you are to the foreign policy of your own nation and it's ally, Israel.

Personally, I couldn't care less about where you were educated but the point is that you were trying to allude to the fact that those who also have an understanding of economics are not here discussing what you're discussing, means, according to you, that no one else knows or other people don't obviously exist.

On the contrary, the fact is that they don't have free time on their hands as they would rather work in the marketplace of which you claim to be an expert but probably couldn't even get an MBA.

Also, not only did I clarify that there are thousands of Pakistani students that have had an opportunity to attend Ivy League universities (where you couldn't get accepted, instead you went out and barely passed a Bachelor's degree in economics from a "state school" for which you have pride because of reasons listed below), they are also attending these schools at the expense of the Americans, themselves, through scholarships, granted to the students for their academic excellence (something you didn't have because you were busy being an expert, rather a "valedictorian" stocks guy at E-trade).

So I am going to assume, based on your attitude and logic, that you're the only person in your family to have had an education as there is no other reason for your sense of pride and arrogance in an education that more than one person has.

Lastly, your claim that I have a "beef" and assumptions regarding my way of thinking is comical at best, and schizophrenic, at worst.

P.S. I shall be making sure you get put in your place as it is obvious that others will not be taking the time to do so.
 
Last edited by a moderator:

AsifAmeer

Siasat.pk - Blogger
American Exceptionalism and Pro Iran stand? You reading my posts?

I do not believe in Nationalism, for one. Nor do I believe in race.

Is there anything on Economics you wish to discuss or do you just discuss "people"?
Not sure why you want accolades from me as I don't even know who you are?

The only hilarious thing about you (among many others) is that you're preaching about American Exceptionalism while also being pro-Iran, help me figure that out?

Goes to show how aligned you are to the foreign policy of your own nation and it's ally, Israel.

Personally, I couldn't care less about where you were educated but the point is that you were trying to allude to the fact that those who also have an understanding of economics are not here discussing what you're discussing, means, according to you, that no one else knows or other people don't obviously exist.

On the contrary, the fact is that they don't have free time on their hands as they would rather work in the marketplace of which you claim to be an expert but probably couldn't even get an MBA.

Also, not only did I clarify that there are thousands of Pakistani students that have had an opportunity to attend Ivy League universities (where you couldn't get accepted, instead you went out and barely passed a Bachelor's degree in economics from a "state school" for which you have pride because of reasons listed below), they are also attending these schools at the expense of the Americans, themselves, through scholarships, granted to the students for their academic excellence (something you didn't have because you were busy being an expert, rather a "valedictorian" stocks guy at E-trade).

So I am going to assume, based on your attitude and logic, that you're the only person in your family to have had an education as there is no other reason for your sense of pride and arrogance in an education that more than one person has.

Lastly, your claim that I have a "beef" and assumptions regarding my way of thinking is comical at best, and schizophrenic, at worst.

P.S. I shall be making sure you get put in your place as it is obvious that others will not be taking the time to do so.
 

Back
Top