Posted on 04/12/2007 12:07:08 PM PDT by grundle
There are a lot of places we haven’t even looked for oil. Who knows how much lies under Antarctica?
“The problem is that we hit peak-intelligence about 30 years ago.” Bill Wattenberg(only conservative KGO radio host)
200,000 holes drilled in USA vs 2000 drilled in Saudi Arabia.
Oil Shale included in this?
The reserves are not growing. The known reserves MIGHT be growing.
I should paste this article over at “The Oil Drum” site and stir the hornet’s nest. That mutual admiration society of doomers would hit the roof, er...peak of angst.
Oil today was created by a large biomass in ancient times, a VERY large biomass. This biomass was created by a large amount of co2 in the atmosphere, called today GLOBAL WARMING!!!
Al Gore is complaining about a system that has worked for millions of years.
Being dependent upon a nonrenewable resource which production is controlled by unstable, unfriendly govts for over 100 years is ridiculous in today’s fast-moving technological age.
“The reserves are not growing. The known reserves MIGHT be growing.”
I will have to do some digging to find the article, but the theory about oil being true fossil fuel is also on its way out. Oil is now being recovered in strata of the earth that have never been part of the surface. There is a new theory that holds oil may be a byproduct of processes going on near the mantle junction that are refilling old depleted oil fields. Too busy at work now, but I will post when I dig the story back up.
“Being dependent upon a nonrenewable resource which production is controlled by unstable, unfriendly govts for over 100 years is ridiculous in today’s fast-moving technological age.”
As soon as that fast-moving technology produces energy/fuel as cheap as oil, oil will start to lose market share and disappear as a fuel. Of course, 25% of oil use is non-fuel in nature, so there will be demand for oil for quite some time yet.
“As soon as that fast-moving technology produces energy/fuel as cheap as oil, oil will start to lose market share and disappear as a fuel. Of course, 25% of oil use is non-fuel in nature, so there will be demand for oil for quite some time yet.”
How much oil is still used for providing electrical power? That’s what I’m pondering at the moment? Hopefully not too much... What I’d love to hear is that the only way to prevent global warming is to switch all our power generation to nuclear plants.
Reminder to self to check back.
Please, that ridiculous theory by Thomas Gold has been posted here regularly since this forum's inception. It's not true.
Reminds me of the only episode of “The Lone Gunmen” X-Files spinoff I watched.
Someone created a zero-point energy machine that could be used in cars or anywhere. The inventor died, but his surviving wife decided not to let the world have it because it would use plastics/oil to produce it.
I never could watch it after that.......
Of course. 95% of them don't understand the Peak Oil Hypothesis and when it didn't seem to be happening fast enough went chasing other rainbows. Of the critics, none understand the hypothesis, which some continue to demonstrate.
Very much so.
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