Peak Oil?
Posted: Sat Jan 16, 2010 7:09 am
http://chiefio.wordpress.com/2009/03/20 ... -shortage/
He has copious links at his site.We don’t know for sure what process makes oil and there are sound reasons to think that it is still being created in large quantities. For example, the Middle East oil fields have an astounding rate of pumping, yet they have more oil in them now as “reserves” than before the pumping began.
One very good explanation for “why” is the possibility that iron acts as a catalyst to turn CO2 rich rocks, in the presence of H2 propbably from water, into hydrocarbons in geologic subduction zones (which would explain the oil locations in places like Indonesia and coastal California with active subduction zones).
Much as we do it synthetically (heat, pressure, CO2, H2 or water, and metal catalysts – Fischer Tropsch in a nutshell); nature may be doing the same thing. Take a look at how: Oil may come from subduction of rocks.