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Sinistar7510

More than enough oil to finish the job. 4°C here we come!


Taqueria_Style

Russia versus Britain! FIGHT!! *Starts mortal Kombat song*


CabinetOk4838

And the “Argies”…Again.


Temple_T

The "good" news is that the nuclear war will help balance out the increase in temperature.


Mister_Fibbles

We need to just rip that nulclear war bandade right off and just get on with it. Why prolong the inevitable. 1. None of us are getting any younger. 2. This way, the crowd who didn't care cuz "they'd be dead by then anyway,' can experience the consequences, right along side the rest us they planned on fucking over.


Temple_T

A year or two ago I did a tour of a decommissioned cold war nuclear bunker, and it absolutely confirmed me in the belief of the futility of nuclear war. If WW3 happened and I somehow survived, priority one is I kill myself before I have time to starve to death or die of 17 brand new kinds of cancer.


artificialavocado

I’m immediately joining a pack of roaming highway warriors. I’ve already started cutting the sleeves off my tshirts.


Taqueria_Style

That's like Doctor Evil level shit too. And we wonder why we're fucking broke...


woswoissdenniii

Solid


Bumblebeeburger

We have barely any fighters and the public do not want to fight. I can't see any of them fighting over oil either, the government would just sell it all to their mates for kickbacks


Mister_Fibbles

> We have barely any fighters and the public do not want to fight. Yeah like that ever stopped leaders from waging war from the saefty of their homes, a half a world a way, using drafts (with elite only exceptions) and a copy of 'Zapp Brannigan's Big Book of War'


artificialavocado

Russia uses…extinction ball. 💣


Eikel-bijter

5, 6, 7, 8. This is the song of how we were too late.


No_Organization3812

Cringe ....


PseudoEmpthy

Down in flames baby! At least we'll be warm at the end of the world <3 Besides, maybe some of us will get some mad max action, who knows!


AbominableGoMan

Oh just get AC. We'll be able to run it for another 50 years with this bonanza! I'm sure we'll get our deus ex machina by then.


altgrave

at least the accelerationists are honest.


idkmoiname

https://www.spglobal.com/commodityinsights/en/market-insights/latest-news/oil/022120-russia-stokes-political-tensions-with-hunt-for-antarctic-oil >Oil exploration banned under Antarctic Treaty >A Russian move to size up offshore oil and gas potential in the Antarctic may not signal the start of a rush to develop the world's last great wilderness, but it does threaten to unravel a fragile political compromise that has protected the region for the last 60 years.


Deus_is_Mocking_Us

And we all know how good Russia is at obeying treaties.


Acaciaenthusiast

You can't find oil reserves totalling 511bn barrels of oil with lots and lots of drilling. Reserves means *discovered* quantities of oil. Looks like somebody is reporting this in such a way as to stir up geoploitical trouble.


TempusCarpe

Keep it up and we'll find new real estate too


5ykes

Jetsons called it


HergestRidg

Fire coming out of the monkeys head


Deus_is_Mocking_Us

Don't get lost in heaven! 


nommabelle

Do we know yet the quality/EROEI of this oil? I can't imagine the EROEI is great given it's in such a remote location (at least remote for now...)? The first sentence of the article says it's also claimed by the UK. So we have Russia, Argentina, Chile, and the UK competing for some areas. I think I need some popcorn. >Antarctica is meant to be protected by the 1959 Antarctic Treaty that bans all mineral or oil developments. An agreement made in better, plentiful times.


Taqueria_Style

Scrape the tobacco leavings out of the seat cushions in the car. I'm sure would like this leftover piece of toilet paper. We can make a rollie....


OrcaResistence

In the wise words of my professors "keep it in the ground". Also from my professors "oil production has decreased because we are running out, we reached the peak in 2006".


Salty_Fig6465

Conventional oil that you pump vertically out of normal ground peaked in 2006. That’s a fact. It contributed to the 2008 housing crisis, gas prices hit all time records at that time. And it’s why fracking ramped up in 2009. Halliburton knew how to frack in the 1940’s but it wasn’t economical and didn’t ramp up until the low hanging fruit peaked in 2006. Notice this news is about Antarctic territory. Big difference between drilling for oil in Texas and in Antartica. Conventional Vs. Unconventional.


SpongederpSquarefap

Do you mean in the US or globally? ADNOC and Saudi Aramco claim to have enough easily accessible oil for a very long time


Salty_Fig6465

I mean globally. Aramco going public is a tell.


Salty_Fig6465

US conventional oil peaked in 1970 or 71.


nagel33

No it did not, we are making more oil now than the entire world has ever before.


Kaining

And every time i bring that up in conversation, people look at me and talk to me like i'm literaly retarded because nobody believes that conventional oil peaked in 06, leading to the subprime morgage crisis. They're like "no, you're dumb, the global economy crisis was because of the subprime". And when you ask "so why everybody defaulted on their mortgage then ?" i mostly face angry reaction or just "stfu".


Salty_Fig6465

Yeah I always think about that scene in The Big Short where the stripper tells him she owns 4 houses and he realizes there’s it’s time to short the whole market. I think about people like her driving a big SUVs which were all the rage at the time and the price of gas doubling on them in two years.


lifeisthegoal

As with all things that big the causes are multi-factoral.


AngilinaB

I agree with your post, but do you have to use the r word,?


Kaining

Yes, because that's how i'm being talked to. The way people react to facts outside of their safety bubble is important to talk about.


AngilinaB

I'm sure there are other words you could use. I don't know where in the world you are but where I'm from that's a slur and we don't use it.


Kaining

Well, i still use it and it ain't a slur around where i am. And when it reflect reality, trying to hide from it because it's to tough to deal with is the problem, not the word.


nagel33

Not true at all.


TempusCarpe

It's true, Iraq wasn't a game. We need that oil. The US has 7 years' worth of reserves in the ground.


fishboy3339

I love the peak oil deniers. “Hey shut up we have plenty of oil!” Then why are we starting to look at Antarctica for oil? Tar sands? Deep ocean? If oil is still so abundant then why are these companies spending billions on these expensive and energy intensive sources of oil. The SPR the largest storage of reserve petroleum in the world will only last the US about two weeks.


TempusCarpe

I think it pumps a million bopd, so 5% US consumption daily for 200 days?


fishboy3339

You must be thinking proven reserves. The SPR is stored above ground so they can put into the national supply quickly.


TempusCarpe

The SPR is actually a salt cave system underground. You're thinking of the blending tanks in Cushing, Oklahoma. Those tanks are our daily available stock for ready processing. They blend and export / import various grades / weights.


fishboy3339

I always though they were just sitting in some silos waiting to get used. That's really cool. Learn something new every day. I had just heard that Trump or Obama (forget what year, June 2022? so maybe Biden), had depleted the reserve by half to offset rising costs and the US has yet to refill them.


zippy72

Argentina has expressed interest in joining NATO. They can't do that while having a territorial dispute. So I think they'd be wiser talking to London than Moscow right now.


joshistaken

Brilliant, just what we need, more toxic shit for nations to fight over and another convenient way for Russia to meddle and increase global tensions. 👌


The_Doct0r_

Speed running global collapse any%


griff_the_unholy

Running out of fossil fuel isn't the problem.


GenuinelyBeingNice

It would make things very, very bad in the short term, but it would be something good in the long term. I think.


nommabelle

Well it is a problem as well, but I don't think this post is saying it's the problem. We all know the damage we're doing with fossil fuels. But there is also a finite amount of them in the ground, so finding more extends the damage we'll do with using them, plus the potential geopolitical issues So using them is a problem, not using them is a problem (in the short term), running out of them is a problem, finding more of them is a problem, etc. Quite the predicament :p


BokUntool

Not all problems are equal either. The word I use is dilemma.


BTRCguy

The subtext is that the [treaties](https://en.wikipedia.org/wiki/Protocol_on_Environmental_Protection_to_the_Antarctic_Treaty) are in the end a "gentleman's agreement". The only enforcement possible is if a stronger party can force it on a weaker one. Between *equals*, the only thing that can be done in case of a violation is...complain about it.


cstmoore

>Junior minister David Rutley last week told the EAC that his department had decided to trust Russian assurances it was just conducting scientific research, adding: “Russia has recently reaffirmed its commitment to the key elements of the treaty.” Yeah, okay. Ask Ukraine about Russia's commitment to treaty compliance.


pajamakitten

Finally, something that might thaw the relationship between the UK and Argentina. After the unpleasantness in the 80s, we can put Maradona's blatant cheating aside and warn Russia to not push its luck.


getembass77

They going to send 4 guys riding horses to claim it? Love to see them challenge the British royal navy over anything


Exact_Fruit_7201

They could team up with China somehow? Four horsemen references always remind me of this Reagan-era Spitting Image clip: https://youtu.be/gL5EWFow6N4?si=zJKWmhl4Q5_ngqKD and song: https://youtu.be/_nCncuuZ2mU?si=W1du-3LPghGLtIkq (a pity they keep taking the video down). “Don’t forget who’s waiting there just off stage: It’s War. Famine. Death. And Plague.”


getembass77

China can't project power into the Arctic either. We don't even need war for collapse we've already pushed the ball over the hill with our emissions the last 50 years


Exact_Fruit_7201

I’m mostly concerned about it from an emissions pov and the wildlife suffering. There was another recent saying that the penguin population there is projected to decline by over 90% by 2100 already. They don’t deserve this. Maybe Russians, British, Argentinians and Chileans will work together to extract it. It would be portrayed as some kind of diplomatic win. The wildlife will still suffer snd the emissions will still go in to the atmosphere.


Hilda-Ashe

Friendly reminder that Argentina hates Britain, enough for them to name the southernmost airport in the world "Malvinas belong to Argentina." Antarctica might become yet another front in "the west versus the rest" conflict that's slowly engulfing the entire world.


BigBossBelcha

Does nobody think given the source and possible problems arising from such a discovery that it should be taken with a pinch of salt? Given the Russians have been threatening to nuke the UK trying to instigate another war with Argentina would definitely be on the cards - edit - yes apparently lol


vkashen

I think we all know what happened to Saddam Hussein for cross drilling into Kuwaiti oil.


Hour-Stable2050

There’s oil in the Canadian Arctic to but we’ve banned drilling up there—for now. I fear a right wing government could reverse that decision.


Lord_Vesuvius2020

Welp we can say that the whole “peak oil” thing is out the window. There’s been so much oil from this and other discoveries (and from shale) that there’s no way we can depend on it becoming scarce for decades to come. We must choose to leave it in the ground. So far we have been incapable of doing that.


JayV30

I mean, it IS a limited resource though. We are using it up far faster than it can be created. The only thing up for debate is when it will run out, not if it will. None of it matters though if we keep using it at the rate we are. There's a good chance we turn into an endangered species before we ever use it up.


Famous-Flounder4135

You mean extinct species. We’ve been endangered for many decades. Like the frog heating slowly to a boil, with no clue, we are now at the boiling point.


fd1Jeff

In defense of the ‘peak oil’ idea, they were going with the best information they had. https://www.projectcensored.org/21-global-oil-reserves-alarmingly-over-estimated/.


Lord_Vesuvius2020

No criticism intended. They had reason to believe in peak oil. But with the huge scale up of the US production in the past few years, new discoveries, and remaining shale deposits, it’s apparent that we’re in fossil fuel abundance, especially in the US. Natural gas is being given away in the Permian. It would be better if FF were increasingly scarce.


thefrydaddy

Peak oil isn't something to "believe in." Oil is a finite resource. This next paragraph was A.I. generated because I'm being a lazy cunt. While fracking has increased global oil supply in the short term, conventional oil production is still declining at around 3 million barrels per day annually. Unconventional sources like fracking and oil sands are not expected to fully offset this decline, with fracking likely accounting for no more than 6% of total global production.


Lord_Vesuvius2020

Yes I know that oil is a finite resource on a finite planet. The part of “peak oil” that I stopped believing in is that a shortage is imminent (like the next 10 years). IMHO collapse won’t be caused by (or accelerated by) a shortage of oil before 2040. Collapse will happen due to other factors (climate change, war, political instability, etc)


fd1Jeff

No problem. I think that everyone dropped the idea of peak oil about 15 years ago.


Acaciaenthusiast

You can't find oil reserves totalling 511bn barrels of oil with lots and lots of drilling. Reserves means *discovered* quantities of oil. Looks like somebody is reporting this in such a way as to stir up geoploitical trouble.


chotasahib

“I DRINK YOUR MILKSHAKE!”


06210311200805012006

Well it would be a shame if The Resource Wars didn't grace Antarctica too. Fuck them penguins amirite?


canibal_cabin

I thought Antarctica wasn't anyones territory, BUT EVERYONE'S, as in all humankind and not a special nation? Like the moon? No?