Peak oil: Not going to happen?

[AspirinE]

In 2003, the proved oil reserves of the world was 156.700 million metric tonnes.

In 1999, it was 147.785.

In 1995, 141.928.

In 1991, 139.048... In 1987, 124.558... In 1983, 98.620...
(http://earthtrends.wri.org/text/energy- ... -1209.html)

Recognise any patterns there?

The oil reserves of the world are not exactly running out, somehow miracoulously, they seem to be building up.

http://discussion.newyouth.com/index.ph ... 0According the Washington Post (June 6, 2004) , the world is on the verge of oil famine.

BBC News declares "as certain as death and taxes, we shall one day be forced to learn to live without oil." Further, "people in middle age today can probably expect to be here" for the terminal oil shortages.

CBS, NBC and ABC have all presented grim and frightening reports of rapacious oil executives, unfeeling consumers, gas-guzzling SUVs and declining oil stocks, mostly in the powder keg countries of the Middle East. The unmistakable conclusion: An energy disaster of epic proportions is just around the corner.

Literally dozens of books and hundreds of websites used to paint a consistent and alarming picture of the decline of the American Empire and the end of the Age of Oil, until the latest news about MADCIC.

Could this be true? Are we really sliding downhill into a future defined by scarce resources, alternative fuels and mandatory conservation

[axgt_marc]

Personaly I feel that is a load of shit.

The reason they say reserves are going up is because they are finding more, better technonogy etc allows us to extract oil from areas that were previously impossible to do so, and also the fact that only 0.2 % of the worldwide seas are well known and studdied (we know less about oceans than we do about the moon!), and most oil is found under beadrock in the sea.

Basicaly all im getting at is the oil was always there, it just hadnt been found.

Oil takes tens of thousands of years to form, under intense pressure and heat. There is no way that the oil reserves would grow in the gap of 100 years by a noticable amount if left alone.

You also have to consider the source of this article which that website didnt state, dont believe what you read! What I mean is say a certain country that relies heavily on oil and does not want to use renewable energy sources, they can try to convince people that it isnt running out. There fore they can carry on in the cheapest and easiest way (using oil).

I dont think it is running out, infact there is hundreds of years of use left, but perhaps we should be considering other more environmentaly friendly fuels for other reasons, other than oil running out. Perhaps trying to save the plannet that is getting so messed up.

[AspirinE]

Personaly I feel that is a load of shit.

The reason they say reserves are going up is because they are finding more, better technonogy etc allows us to extract oil from areas that were previously impossible to do so, and also the fact that only 0.2 % of the worldwide seas are well known and studdied (we know less about oceans than we do about the moon!), and most oil is found under beadrock in the sea.

Basicaly all im getting at is the oil was always there, it just hadnt been found.

Oil takes tens of thousands of years to form, under intense pressure and heat. There is no way that the oil reserves would grow in the gap of 100 years by a noticable amount if left alone.

You also have to consider the source of this article which that website didnt state, dont believe what you read! What I mean is say a certain country that relies heavily on oil and does not want to use renewable energy sources, they can try to convince people that it isnt running out. There fore they can carry on in the cheapest and easiest way (using oil).

I dont think it is running out, infact there is hundreds of years of use left, but perhaps we should be considering other more environmentaly friendly fuels for other reasons, other than oil running out. Perhaps trying to save the plannet that is getting so messed up.

The article didnt say it "Grows" in a mounts, it said exactly the same thing u said, new sources are being found and althoug they are more hard to extract the scarcity doesnt become smaller.

As for the source of the article: I believe ME and ONLY ME< if i read this and it makes logical sense to me ill give the article credit. I didnt say i believe it hundred percent but it gives an abstract view on the topic, coz i myself was a strong believer of the Peak oil Theory.

[axgt_marc]

Personaly I feel that is a load of shit.

The reason they say reserves are going up is because they are finding more, better technonogy etc allows us to extract oil from areas that were previously impossible to do so, and also the fact that only 0.2 % of the worldwide seas are well known and studdied (we know less about oceans than we do about the moon!), and most oil is found under beadrock in the sea.

Basicaly all im getting at is the oil was always there, it just hadnt been found.

Oil takes tens of thousands of years to form, under intense pressure and heat. There is no way that the oil reserves would grow in the gap of 100 years by a noticable amount if left alone.

You also have to consider the source of this article which that website didnt state, dont believe what you read! What I mean is say a certain country that relies heavily on oil and does not want to use renewable energy sources, they can try to convince people that it isnt running out. There fore they can carry on in the cheapest and easiest way (using oil).

I dont think it is running out, infact there is hundreds of years of use left, but perhaps we should be considering other more environmentaly friendly fuels for other reasons, other than oil running out. Perhaps trying to save the plannet that is getting so messed up.

The article didnt say it "Grows" in a mounts, it said exactly the same thing u said, new sources are being found and althoug they are more hard to extract the scarcity doesnt become smaller.

As for the source of the article: I believe ME and ONLY ME< if i read this and it makes logical sense to me ill give the article credit. I didnt say i believe it hundred percent but it gives an abstract view on the topic, coz i myself was a strong believer of the Peak oil Theory.

Yeah i didnt realy read much of it.

In my opinion that theory is all about not having to look for other sources of energy, or taking the lazy/easy way out.