AD.COM - Is The World Really Running Out of Oil?

[AutomotiveDigest]

Summary:

"Some experts say new technology and conservation will delay the onset of peak oil production, making it unlikely that the world's addiction to oil will end soon as a result of real scarcity. However, peak oil advocates remain unconvinced and argue that the world is consuming two to three barrels of oil for every barrel of new oil found."

To view full Digest, visit: http://www.automotivedigest.com/view_art.asp?articlesID=19020

Please post your comments!

[enkoco]

Hi! your question is, The World Really Running Out of Oil? Well, maybe yes! Maybe not! But according to a certain Thomas Hardy, it's "Die-Off" http://dieoff.com/

However, maybe there is already a solution to that. Peak Oil News.com reported that "Looming Petroleum Crisis Solution Found in Cebu, Philippines". (Sic) In an effort to realise this long overdue alternative clean and renewable source of eco-dynamics energisation, a cebuano vegetable energy expert was asked by the Arroyo Administration to produce his 1976 invention... http://peakoil.com/gate.html?name=News&file=article&thold=-1&mode=flat&order=0&sid=15553#8628

[BluffGuy]

It is not so much a question of running out of oil, it is a question of running out of cheap oil. We grabbed most of the easy stuff, now we have to drill in deep water or in difficult terrain, or use special means to extract it, so it will cost a lot more.

[wallis]

Summary:

"Some experts say new technology and conservation will delay the onset of peak oil production, making it unlikely that the world's addiction to oil will end soon as a result of real scarcity. However, peak oil advocates remain unconvinced and argue that the world is consuming two to three barrels of oil for every barrel of new oil found."

To view full Digest, visit: http://www.automotivedigest.com/view_art.asp?articlesID=19020

Please post your comments!

A billion drivers in China, another half-billion drivers in India. Are we running out of oil, DUH, YES, we will soon. Of course unless we can fiqure out how to run our cars on dirt, we have plenty of that.

[kkernspa]

Keep in mind that the environmental lobby has prevented all the major oil companies from using their profits to start new off-shore drilling, tapping the large reserve in Alaska, and building new refineries in the US. In fact, we haven't built a new refinery in this country for over 20 years now!

Should we be able to start new drilling, we would tap extremely large new resources of oil which will power the automotive industry for many years to come. This would also lower gasoline prices, as our dependence on foreign oil would be definitively lowered and we would no longer be exclusively dependent on OPEC and subject to their per-barrel pricing.

As an aside, isn't it funny that the environmental lobby sees new domestic drilling as a threat, even though we would do it cleaner than foreign entities, and yet the foreign entities without regard for the environment are not confronted by the environmentalism crowd?

Just my 2 cents.

[wallis]

The answer is not more expensive oil, its using less oil. Excuse me for asking, but when are you going too, fess up to reality? What are you driving that we need more oil, to continue the destructive thinking, and process.:cool:

[kkernspa]

Wallis,

I have reviewed the post to which you responded. I do not see where I called the environmental movement "stupid". Nor do I see where I inferred as such.

I feel that I am very much in touch with reality. Oil, in all its various forms, is essential for the strength of the US economy, like it or not. Oil is how tractor-trailers deliver goods to stores ("if you got it, a truck brought it"). Oil is how the ambulances, fire trucks, and police cars that serve and protect us get to us. Oil is what lubricates the machinery that makes the electricity for our lights. Oil plays a part in every single aspect of our national infrastructure. I do not see that changing any time soon.

Now, I do know you are not advocating elimination of oil, simply using less. And because you are posting on an automotive forum, I assume you mean less gasoline use by automobiles. Frankly, I don't see ambulances, fire trucks, and police cars changing to hybrid technology anytime soon. As far as hybrid technology itself is concerned, once the news media finds out that it costs between $3,000 and $5,000 to replace the batteries in a hybrid system when they wear out, the technology will come into question as far as its true economy.

At the end of my post, I said, "Just my 2 cents". I respect your response as your 2 cents as well. Everyone here is entitled to their opinion, and I thank you for taking an interest in my post.:)

[wallis]

My point is get the giant gas hogs off our roads. If you just drill for more oil, American stupidity kicks in again, more gas guzzlers. Read the sports page, what vehicles are advertised.......gas guzzlers. If we can regulated them off our street, probably through hugh, yearly gas guzzler taxes. Forbid marketing of any vehicle that doesn't get at least standard MPG. Then I would support more drilling. Marketing is a very powerful tool, and it is being abused against our economy and air quality, for ridiculious profits per vehicle by American automakers. Do you think people have any responsibility to there communities, as far as pollution, safety, our overseas security?

[wallis]

to make ethanol, sugarcane is the only efficient solution for making fuel efficiently. Perhaps coconuts can do the same, but not a world wide solution for sure. I am amazed at the site popping up that claim amazing world solutions, are crap, yet not one of them addresses, our current situation now or for the foreseeble future.
Worlds population will double within the next generation, period, unless mother nature, or man, creates a death disease to balance natures.
The only, only solution for now is to balance supply and demand, and go forward with alternates. Hear that Mr gas guzzler. You are the problem, what are you going to do about it?
Hear are some food for thought movies. What you choice of population balance movies?
Soylent Green
Fifth Element
Resident Evil
Day after Tomorrow
Waterworld....ummm

Any other suggestion?

[enkoco]

YES, Bluffguy, Wallis and Kkernspa --- you really have the "goldmine" in YOU guys! How about Mad Max to add the list. The true original sin of man is IGNORANCE, for men morllay get bankrupt for they do not know that the gold mine is in them. Kudos to your real sense of understanding on the so-called "invisible government" -- PETRO-FUEL and this petro-fuel become a "terrorist" in puting this planet under stress and civilization in trouble.