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rushmc

Are we really runnig out of oil?

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>Are we really runnig out of oil?

The answer from the article you posted is "yes."

"CERA argues that the world is likely to begin running out of oil between 2030 and the middle of the century."

To paraphrase a famous man - we know we're running out, we're just arguing over the date. I'll be around in 2030, and I assume you will be too. And my kids will definitely be. We're doomed unless we can switch to alternatives before then.

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I have a family acquaintance that knows this guy that bought gasoline for his car this one time in the 80s and he said that they already ran out of gas!

Here's how it's going to work.

1.) We will, as fatass, lazy, spoiled Americans ;)(capitol A), refuse to make real progress towards alternate fuels (because our SUV is not awesome enough driving mom and her one kid if it's not guzzling gas and roaring like a semi).

2.) We will try to keep gas prices low enough that nobody is economically motivated to make the change.

3.) Decline will occur, and we will be hurting.

d.) We will be forced to make changes over a short period of time; because, rather than thinking things through we barely see past the end of our nose.

I will win because I am going to power my car and things with love. or stealing. it's hard to tell.

.jim
"Don't touch my fucking Easter eggs, I'll be back monday." ~JTFC

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Oh well, there's always BASE.



i thought parachutes were made of fossil materials?

can a parachute be made out of recycled materials?
i really dont know.

i really dont care.
a trillion more barrels of oil,

ill be dead, and i wont have kids. burn what fuel i can while im still alive.

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>Are we really runnig out of oil?

The answer from the article you posted is "yes."



But the bigger question is how will we be impacted?

The World's oil reserves have been declining for decades. Technically, we've been running out for over a century.

On a tangential issue, why are oil prices not rising? The election was eight days ago. :o:o:o

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>Are we really runnig out of oil?

The answer from the article you posted is "yes."



But the bigger question is how will we be impacted?

The World's oil reserves have been declining for decades. Technically, we've been running out for over a century.

On a tangential issue, why are oil prices not rising? The election was eight days ago. :o:o:o[/reply
I hold it true, whate'er befall;
I feel it, when I sorrow most;
'Tis better to have loved and lost
Than never to have loved at all.

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On a tangential issue, why are oil prices not rising? The election was eight days ago. :o:o:o



Gas jumped from $1.97 to $2.09 two days after the election in Tulsa.



I saw that. Looks like a local issue.

Maybe the oil companies are expecting big increase in demand in the Tulsa area. ;)

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On a tangential issue, why are oil prices not rising? The election was eight days ago. :o:o:o



Gas jumped from $1.97 to $2.09 two days after the election in Tulsa.



It's up in IL and IN too.
...

The only sure way to survive a canopy collision is not to have one.

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On a tangential issue, why are oil prices not rising? The election was eight days ago. :o:o:o



Gas jumped from $1.97 to $2.09 two days after the election in Tulsa.



It's up in IL and IN too.



From what I've seen, prices in IL are up a penny since 11/07 and they are down about three cents in IN. Nationally, prices are up about two cents. What we're talking about is mere noise... nothing more.

My previous point was directed at the conspiracy theorists, who think Exxon et al easily manipulate prices, even claiming the late Summer decline of 80 cents (at the pump) was some kind of inside job.

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>But the bigger question is how will we be impacted?

That depends on how ready we are. If the peak happened today, the results would be a depression that rivaled the 1929's. If it happens in 10-15 years, and 50% of our vehicles can run on something besides oil, it won't be too bad (though will still cause problems.)

>The World's oil reserves have been declining for decades.

Reserves have been declining but _production_ has been increasing. There will come a point where the easily-accessible oil will be running out faster than we can sink new (less productive) wells in marginal deposits. At that point output will decline no matter what we do. That's called the Hubbert Peak. It already happened in the US; we hit it in the 70's.

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>The World's oil reserves have been declining for decades.

Reserves have been declining but _production_ has been increasing. There will come a point where the easily-accessible oil will be running out faster than we can sink new (less productive) wells in marginal deposits. At that point output will decline no matter what we do. That's called the Hubbert Peak. It already happened in the US; we hit it in the 70's.



Hubbert (and proponents of his theory) have predicted global peaks in 1989, 1995, 2000 and 2005. They seem to keep moving the goal posts.

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>Hubbert (and proponents of his theory) have predicted global peaks
>in 1989, 1995, 2000 and 2005. They seem to keep moving the goal
> posts.

M. King Hubbert predicted that the US oil production would peak in the 1970's. He was right. He predicted that world oil peak would come "in about a half a century" - which would put the peak around 2020. Oddly, similar to what Mark's paper claims.

Since he died in 1989, I find your belief that he predicted peak oil occurring in 1995, then 2000, then 2005 pretty funny. Did he come back from the grave for these pronouncements? Or was it more a spirit-medium thing?

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On a tangential issue, why are oil prices not rising? The election was eight days ago. :o:o:o



Gas jumped from $1.97 to $2.09 two days after the election in Tulsa.



It's up in IL and IN too.



And Orlando.
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