Posted on 03/25/2005 6:50:44 PM PST by neverdem
In the World Almanac of the mid-70s, I remember a statement from the EPA noting that the world's supply of oil would be gone by 1981. The sky is always falling, and it will continue to fall for the rest of human history.
Best reply so far!
This might be off-topic, but many geologists believe oil comes from inorganic sources deep within the earth; it is NOT decomposed swamp and vegetation matter, and so it may never run out.
The next issue then, is what will happen to all the carbon we put in the air and oceans when we burn that oil. Will it cycle back to earth, or stay there and become a greenhouse? This question is unanswered, though liberals will say it's settled fact that the greenhouse will happen.
Which is why I post on FR, to dispel such myths.
But,....Soylent Green is made out of people.......
It's not my problem.
Afterall, isn't that why we are constantly being told to vote? To have 435 brilliant elites solve our problems? Well, what will happen to them if we run out of oil should be the question.
Yes!
E.I.B. hydrogen and electric conservative rides...
Damn!
My dreams of total anarchy have just died (and yes, that is a joke for all you WP reporters without a sense of humor).
These clowns are pros at leaving all sorts of relevant variables.
US production is declining because the government has blocked drilling in many areas which contain very large reserves. The government has, since the late 60s, put up all sorts of impediments to domestic oil exploration/production.
There is more than enough recoverable oil (with today's prices and technology) to last for [at least] 100 years.
The private sector will not put up the massive investment needed to get the oil because our government has not shown the political will to let the market work. I remember VERY clearly the huge mess produced by Nixon's (and Carter's) price controls on US oil in the 70s. Oil was going for $12 pbl and US oil companies were forced to sell their's for $6. So, where do you think they sold their oil? Duh. And, companies did not invest in domestic exploration, etc. because price controls meant that it cost more to produce new oil than the government allowed them to charge.
So, when I read crap like this, I want to go postal on the moron saying it.
The previous poster about Hydrocarbons being created deep within the crust is accurate. The decayed matter theory ran into problems when they found oil at much deeper depths.
The Saudis have openly admitted that their window of opportunity regarding wealth derived from oil will be a short one. They know an alternative source breakthrough will eventually come, and their remaining oil will be worthless. It reminds me of the story of the man who once had a near monopoly on ice houses in America. Then, in the 1920's, Sears started selling refrigerators. Suddenly, one of the wealthiest men in America was broke, and it happened in a period of just 10 years.
When "the oil runs out" string up the enviros and drill California and it's off shore reserves and we will have at least another 800 years of oil.
Just wait, one of them is going to shreek..........."That's besides the point!".
http://www.rense.com/general63/staline.htm
interesting about Abiotic oil ie oil is made by earth activity opposite to biological fuel...
Go back to horses, of course...but as Michael Crichton points out, what'll we do with all the horse shit? Because we'll need millions and millions of horses!
These idiots on the Left never let up, never let facts get in the way.
The "Sand Oil" production costs have gone from about $25 to $17 per barrel. Also, a pipe line extension will go to Texas from Indiana which is fed from Canada.
True, but look at all the problems we can solve while powering our S-U-V's (GASP): the over stressing of the Social Security system; wives that won't die; the spreading of Islam; illegal aliens; etc.
;-) (Just in case any libs are reading this - they think the worst of me already!...)
I have infonate faith in the ingenuity of mankind and the efficiency of the free market to satisfy this problem.
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