But there must come a point where the demand exceeds the supply.
I am sure the Snowflakes still spout the failed theory of “peak oil” at every opportunity. The brainwashed are incapable of learning.
The first was high-pressure steam and CO2 gas injection. Then came fluid injection, using a fluid related to dishwashing detergent. Now, we use fracking sands to get to reserves that used to be uneconomical to extract out in the past. And now, they're looking at mining methane hydrates from the ocean floor to tremendously expand our natural gas supply.
In fact, there is such an excess of natural gas supply that it's being used to make plastics, motor oils and even motor fuels. No wonder why coal is going out of favor--natural gas burns extremely cleanly, which means the air in our cities could dramatically improve.
100 years from now, I expect energy generated to be a mix of thorium-based nuclear power and fusion power. And so much power will be generated that most of our trains will run on electric power and there will be massive seawater desalinization projects that will make the Sahara Desert bloom again and permanently eliminate the threat of drought in the southwestern continental USA.
An estimated 20 billion barrels has been found in Midland Texas alone. Just a matter of extracting it.
It could be the next Dubai. Or not.
There are oceans of hydrocarbons on the moons of Saturn and Jupiter and I don’t think there were ancient dinosaurs and jungles on those moons. We have only drilled a few miles down into the Earth. We will never run out of oil and natural gas. Most all of the life on Earth is carbon based. The wackos and creepozoids have successfully labeled a plant food, CO2, as something evil. We used to teach the Carbon Cycle as something natural. The Great Northern Ice Sheet will spread down from Canada and there is nothing we can do to change this. There are plenty of science fiction scenarios where we released massive amounts of CO2 to warm the planet, but science fiction is not real. The Globull Gloaming the creepozoids preach depends upon deeply flawed computer ‘models.’ Those models cannot yet figure out, take into account, clouds. Creepozoids all.
Drill Baby, Drill!