Comments on: Dilbert Weighs In http://agentorange.zamoose.org/2006/02/20/dilbert-weighs-in/ Just another ZaMoose.org weblog Thu, 20 Nov 2008 22:37:47 +0000 http://wordpress.org/?v=2.6.3 By: Nobrainer’s Blog » Adventures in group presentations http://agentorange.zamoose.org/2006/02/20/dilbert-weighs-in/#comment-785 Nobrainer’s Blog » Adventures in group presentations Fri, 24 Feb 2006 07:27:43 +0000 http://agentorange.zamoose.org/2006/02/20/dilbert-weighs-in/#comment-785 [...] As I mentioned on Brad’s blog, I’ve been working on a group presentation about methane hydrates. Wikipedia has a good, short write-up on what they are and why they might be important. In brief summary, methane hydrates are ice structures in which methane, aka natural gas, become trapped. The amounts of natural gas trapped in these configurations has been estimated to be enormous… and sometimes only 4-25% of enormous. [...] [...] As I mentioned on Brad’s blog, I’ve been working on a group presentation about methane hydrates. Wikipedia has a good, short write-up on what they are and why they might be important. In brief summary, methane hydrates are ice structures in which methane, aka natural gas, become trapped. The amounts of natural gas trapped in these configurations has been estimated to be enormous… and sometimes only 4-25% of enormous. [...]

]]> By: nobrainer http://agentorange.zamoose.org/2006/02/20/dilbert-weighs-in/#comment-784 nobrainer Wed, 22 Feb 2006 16:04:23 +0000 http://agentorange.zamoose.org/2006/02/20/dilbert-weighs-in/#comment-784 The price change would probably depend on how well OPEC reigned in supply; simple confidence in supply would probably cut prices by 25%. In the 80's Saudi Arabia cut production by about 3/4 while prices fell about 80%. Their net revenue dropped to about 10% of what it had been. Like Wha said, I'm not sure there's that kind of elasticity of demand anymore. At the end of the week I'll have a nice PowerPoint presentation ready about recovering methane hydrates. It'll be a real humdinger. The price change would probably depend on how well OPEC reigned in supply; simple confidence in supply would probably cut prices by 25%. In the 80’s Saudi Arabia cut production by about 3/4 while prices fell about 80%. Their net revenue dropped to about 10% of what it had been.

Like Wha said, I’m not sure there’s that kind of elasticity of demand anymore.

At the end of the week I’ll have a nice PowerPoint presentation ready about recovering methane hydrates. It’ll be a real humdinger.

]]> By: Wha http://agentorange.zamoose.org/2006/02/20/dilbert-weighs-in/#comment-783 Wha Wed, 22 Feb 2006 04:18:23 +0000 http://agentorange.zamoose.org/2006/02/20/dilbert-weighs-in/#comment-783 It would put a dent in it because if we back off prices will drop them making it affordable to developing countries. As we comsume such a large amount Supply and Demand has pushed the price upwards. Our demand is so great we push teh price up. Demand in pther palces exist but they do not have the fundsto hold the price up so far. They will use but only at rates affordable to them. Ultimately, the OPEC nations would probably jsutcut back supply to meet demand and keep making their margin. Of course China and India aren't exactly 'developing" these days so I am guessing what we do will begin to be a lesser percentage the overall oil comsuption in the world. then there's old Hubbards Peak that we have talked about which suggests we have maxed out the worlds supply potential in barrells/day and it will decrease from here as there are no other major fields to find and tap, only suck out the exisiting faster and speed this locomotive towards the end of the track. My solution...by thing feuled by coal, like elctricity. Make dad happy so he can give me some of the happiness! YAY Coal! It would put a dent in it because if we back off prices will drop them making it affordable to developing countries. As we comsume such a large amount Supply and Demand has pushed the price upwards. Our demand is so great we push teh price up. Demand in pther palces exist but they do not have the fundsto hold the price up so far. They will use but only at rates affordable to them. Ultimately, the OPEC nations would probably jsutcut back supply to meet demand and keep making their margin. Of course China and India aren’t exactly ‘developing” these days so I am guessing what we do will begin to be a lesser percentage the overall oil comsuption in the world. then there’s old Hubbards Peak that we have talked about which suggests we have maxed out the worlds supply potential in barrells/day and it will decrease from here as there are no other major fields to find and tap, only suck out the exisiting faster and speed this locomotive towards the end of the track. My solution…by thing feuled by coal, like elctricity. Make dad happy so he can give me some of the happiness! YAY Coal!

]]> By: Andy http://agentorange.zamoose.org/2006/02/20/dilbert-weighs-in/#comment-782 Andy Tue, 21 Feb 2006 14:35:29 +0000 http://agentorange.zamoose.org/2006/02/20/dilbert-weighs-in/#comment-782 fun·gi·ble ADJECTIVE: 1. Law Returnable or negotiable in kind or by substitution, as a quantity of grain for an equal amount of the same kind of grain. 2. Interchangeable. NOUN: Something that is exchangeable or substitutable. Often used in the plural. ETYMOLOGY: Medieval Latin fungibilis, from Latin fung (vice), to perform (in place of) OTHER FORMS: fungi·bili·ty (Noun) fun·gi·ble
ADJECTIVE:
1. Law Returnable or negotiable in kind or by substitution, as a quantity of grain for an equal amount of the same kind of grain.
2. Interchangeable.
NOUN:
Something that is exchangeable or substitutable. Often used in the plural.
ETYMOLOGY:
Medieval Latin fungibilis, from Latin fung (vice), to perform (in place of)
OTHER FORMS:
fungi·bili·ty (Noun)

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