Well another depressing weather day weather wise got me day dreaming....
Will oil run out in my lifetime ?
How much we got left ?
i wouldnt know i use veg oil.
quote:
Originally posted by graememk
i wouldnt know i use veg oil.
No but it might get dearer! (yeah shock horror, surprise I know!)
I was only talking about this yesterday, and I recalled something from one of my design teachers who had done studies into this area (what for I join
you in screaming - he had nothing to do with oil, just curious!), and he found that there are massive quantities of natural resources in central
australia, but because it is so barren, and such a long way from any shipping chance, they reckon it costs toom uch, and will only be tapped when all
else has run out (or thereabouts!)
Steve
A friend of mine works for a company who go out looking for oil and i asked him when petrol will run out and he laughed and said not to worry as
theres plenty and there will be plenty well after i am dead and burried........mind you that depends when i croak i guess
Plenty of oil and gas left in the world but it's either a long way from anything or in a not very friendly place (or both)...
The problem isn't a lack of oil, its just that a lot of the remaining oil is in difficult to reach places (and I don't mean Middle Eastern
countries..... ahem.....)....
The cost of getting the oil out of the ground will slowly increase until most people can't afford it and we have to look for alternatives... but
I guess we'll get to find out what that is like this winter when Russia puts up the gas prices by 1000% (the UK relies on Russia for 70% of its
gas)....
hmm didnt they tell everyone petrol was running out in 1976
if you listen to what they say these days youd never step foot outside your house!
We keep finding oil, but it is in places where oil workers get kidnapped, or in that friendly place, the middle east. From what I hear, we don't
get all the oil out of oil wells as it costs too much. Crude oil is the second cheapest bulk liquid next to sea water. When oil does start to get
scarce, the price will rise enough to start getting more out of old wells.
We will run out eventually but that's not the biggest problem. All the politics surrounding oil will lead to war first.
i don't think half of all oil's been found yet