Guest “really? by David Middleton
This was in yesterday’s RealClearEnergy feed…
“There Is No Climate Justice Without Defunding the Police”
I’m not going to bother quoting anything from this “article”… It’s from the Earther SJW’s at Gizmodo. Here’s the link. This is the only commentary I have:
More bad news for climate justice warriors…
The current oil prices are high enough for pretty well all existing producing fields and a fair percentage of undeveloped resources to at least break-even.
| Reserves/Resource | Break-even at $42/bbl | ||
| Supply Group | Billion bbl | % | Billion bbl |
| Producing Fields | 798 | 100% | 798 |
| Onshore Middle East | 134 | 58% | 78 |
| North America “Shale” | 132 | 37% | 49 |
| Offshore Shelf | 120 | 36% | 43 |
| Deepwater | 77 | 19% | 14 |
| Russia Onshore | 30 | 23% | 7 |
| Extra Heavy Oil | 23 | 17% | 4 |
| Rest of World Onshore | 34 | 19% | 6 |
| Oil Sands | 55 | 0% | – |
| Total | 1,403 | 71% | 1,000 |
via Watts Up With That?
June 6, 2020 at 04:31AM
