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	<title type="html"><![CDATA[Crude Oil Futures Trading Forum by Live Oil Prices - Peak oil is based on usable, extractable oil]]></title>
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	<updated>2011-05-25T15:51:30Z</updated>
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			<title type="html"><![CDATA[Re: Peak oil is based on usable, extractable oil]]></title>
			<link rel="alternate" href="http://www.liveoilprices.co.uk/forum/post637.html#p637"/>
			<content type="html"><![CDATA[My name is David and I'm a scientist and trader, 4 years ago I discovered a secret about trading Oil that allows the user to know which direction Oil will go before it goes there with up to a 90% accuracy rate. The amount of money you make is up to you, if you work hard at it you can make $5,000 per day, if you want to do it part time for an hour per day you can easily make $200 per day. Now this is your chance to use this corruption for your own benefit and trade Oil from the comforts of your own home and make a great living doing so. Are you ready to join the revolution? Google “Oil Trading Academy”.

[url]http://www.oiltradingacademy.com[/url]]]></content>
			<author>
				<name><![CDATA[vanessa23]]></name>
				<uri>http://www.liveoilprices.co.uk/forum/user381.html</uri>
			</author>
			<updated>2011-05-25T15:51:30Z</updated>
			<id>http://www.liveoilprices.co.uk/forum/post637.html#p637</id>
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		<entry>
			<title type="html"><![CDATA[Peak oil is based on usable, extractable oil]]></title>
			<link rel="alternate" href="http://www.liveoilprices.co.uk/forum/post528.html#p528"/>
			<content type="html"><![CDATA[Peak oil is certainly not a scam, we haven't even come close to burning up half of the oil in the world. However Peak oil means we have reached the peak of economically extractable oil. 

From now on there will be less and less oil that is extractable at an economically viable and energy efficient manner. 

There are many fields even in the United States that are deemed empty but still contain millions of barrels, the problem is that to extract the oil the cost in money and energy would be too steep, at some estimates one barrel of oil extracted would cost 3-4 barrels of oil consumed in the extraction, plus the costs of production which are always large at the best of times.]]></content>
			<author>
				<name><![CDATA[Flossy]]></name>
				<uri>http://www.liveoilprices.co.uk/forum/user242.html</uri>
			</author>
			<updated>2009-12-13T14:32:06Z</updated>
			<id>http://www.liveoilprices.co.uk/forum/post528.html#p528</id>
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