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No oil
Thinking about it - 16/10/08 at 09:36 PM

Just said on the news no oil left in 30 years.

Best get the car built, used and sold while it can still be used.

What do we use then a Milk Float as a donner?


graememk - 16/10/08 at 09:47 PM

asda had loads of oil today


Thinking about it - 16/10/08 at 09:59 PM

They had plenty of diesel and beer too. i bought both.


mad4x4 - 17/10/08 at 05:47 AM

quote:
Originally posted by Thinking about it
Just said on the news no oil left in 30 years.

Best get the car built, used and sold while it can still be used.

What do we use then a Milk Float as a donner?



Yeah Yeah they said that at the start of the oil boom (back in the 70's) that it wouldn;t last till the early 90's - here we are in 2008 with LOADS of Oil


iank - 17/10/08 at 05:57 AM

Well logic dictates it will certainly run out at some point, there's a finite amount in the ground. The debate is more over whether we've reached peak oil and what happens next.
The overall final date of oil running out is hugely varied depending on the computer model used. Depends on so many factors any answer you get is almost certainly rather inaccurate. Some things that change the date wildly include:
What various economies do (China and India being rather important)
When/if other energy sources are brought online
and if it ever becomes economically viable to extract the harder to get at supplies (for example the Athabasca Oil Sands)


speedyxjs - 17/10/08 at 06:57 AM

^^^ 1.7 trillion barrels


Mr Whippy - 17/10/08 at 07:15 AM

oil (the stuff in the sump) will most likely be made by other chemical processes (as the Germans did during WWII) and once they are up to the same level of investment as the out the ground stuff, we'll wonder what all the doom and gloom was about. As for running the cars etc, there's more trapped frozen methane in the seabed that we could use in hundreds of years. We just need to develop the technology to use it without harming the environment.

It’s just the typical end of the world tripe that comes out of the news these days

[Edited on 17/10/08 by Mr Whippy]


woodster - 17/10/08 at 09:17 AM

use as much as you like it won't run out in your life time or your kids or there kids don't fall for all that green b*llocks i don't see opec worrying ...... no one knows how much oil is under the poles but its a lot


dead sierra - 17/10/08 at 11:13 AM

Does any one think that it is scare mongering to raise the price of oil, seeing as it has fallen in price in the last week?


trogdor - 17/10/08 at 02:11 PM

Yep there is plenty of oil to last for serveral generations at least!

The methane Ice stuff is the way forward, is very difficult and dangerous to extract tho. But as Oil depletes I am sure that more investment will occur.

The whole oil running out thing is overhyped by the press. Like a lot of things nowadays