Quirks and Quarks

Heh, yeah, there are some interesting oil finds out there. One of the ones most frequently cited is oil found in basement granite. However, it is important to note that such oil is found in *fractures* in the granite, so it very well could have migrated in from a now dry field. Unlike coal, oil moves around - sometimes, it even gets all the way to the surface on its own. Still, it's an interesting notion, and deserves some more study.One thing I need to talk to my father about is to ask him why gasoline prices have only gone up 20% or so, while crude prices have gone up 70% or so and US oil stocks - while higher than initially predicted - are still historically low. And why diesel has gone up so much more in comparison to gasoline.This message has been edited by Rei, 09-29-2004 12:50 PM

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How Gas Prices Work | HowStuffWorksThey claim 43% as of 2002 for the US, when crude was $24.09 per barrel. Now with current prices for crude around 50$, I can only expect it to be a much larger percent.Also, diesel is up by almost 40% - notably more than gasoline.

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Hmm... Bill knows a lot more about this sort of stuff than me. However, I don't think he is correct on this one. If he'd join this thread, I'd have to ask him about some of the granite fields that exist in the world (noone thought to look much in granite before, but more fields keep producing). For example, a number of Vietnam's fields (say, White Tiger) are from drilling basement granite.Certainly one could claim that the oil is seeping in from other areas, but saying "only found in basins with organic-rich rocks suitable for the production of oil and gas" doesn't seem correct. Perhaps he could correct me on this one.

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"Illuminant light,
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However, he said it was only found in basins with organic rocks. That doesn't seem to be true, unless he's defininng "in basins with organic rocks" differently than I would, seing as what traps the oil is cap rock over fractured granite.And I'm not so sure that all of the granite fields are close to known organic fields, either... I'd have to check into it.

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"Illuminant light,
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