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What if we don't run out of oil?
WND ^ | November 15, 2005 | Jerome Corsi

Posted on 11/15/2005 7:05:19 AM PST by Dan Evans

The debate over "Black Gold Stranglehold: The Myth of Scarcity and the Politics of Oil" has begun to take familiar lines. "Peak oil" adherents continue to insist that oil resources worldwide are depleting. This mantra is repeated almost like an article of faith.

Ever since M. King Hubbert drew his first "peak-production" curve, statements of this tenet are easy to find. Typically, the "Peak-Production" theory is articulated as so well established that further proof is not needed. "Peak production" statements abound in publication. Consider this example written by an energy consultant in the Bulletin of the Atomic Scientists:

Petroleum reserves are limited. Petroleum is not a renewable resource and production cannot continue to increase indefinitely. A day of reckoning will come sometime in the future. The point at which production can no longer keep up with increasing demand will mean a radical and painful readjustment globally to everyday life.

To counter this argument, Craig Smith and I have argued that proven worldwide reserves of oil are currently estimated by the Energy Information Administration at 1.28 trillion barrels, the largest amount every recorded in human history, despite worldwide consumption of oil doubling since the 1970s. Oil prices are currently declining suggesting ample worldwide supplies are available – oil prices are not increasing as would be expected if chronic oil shortages were imminent.

In response to an article we published here about Brazil's offshore oil discoveries, one bulletin-board poster commented: "Corsi is pushing his abiotic oil agenda. He keeps repeating the canard that oil comes from dinosaurs. NOBODY BELIEVES THAT!" This prompted a response with a correction and an objection: "I suppose you meant to say 'the canard that oil does NOT come from dinosaurs and ancient flora debris'? That's the reason why we call oil a fossil fuel." Even better yet was this: "Who says that oil came from 'dinosaurs and ancient forests'? What a moron."

Interestingly, many critics seem ready to give up the "Fossil-Fuel" theory of oil's origin, as long as they can continue to advance the "Peak-Production" theory. Regardless where the oil comes from, this particular type of critic argues, we are still running out. This line of analysis misses a key point of the abiotic, deep-Earth theory of oil's origin. If oil is naturally produced within the Earth's mantle, oil may well be a renewable resource.

Then, there were some abusive ad hominem attacks, as expected in this heavily charged political environment in which differences have become polarized. Some posters argue that as a "discredited" co-author of "Unfit for Command: Swift Boat Veterans Speak Out Against John Kerry," nothing I write is credible, regardless of how well documented or argued. Here are a couple of examples. "This guy was also co-author of a smear book against John Kerry by the Swift Boat liars ... highly credible!" Or, again: "This man is an architect of the Kerry swift boat smear, so I am unconvinced of his ability or desire to maintain a dispassionate and analytic stance with respect to this topic." Evidently, there are still many who do not accept that John Kerry lost the presidential election of 2004, as there remain many who refuse to accept that Al Gore lost in 2000.

In the final analysis, many on the political Left appear to have gravitated to embrace "Peak-Oil" theories because the argument that we are running out of oil fits in with their overall pattern of leftist political beliefs. Spend any time on the peak-oil bulletin boards and you will find many comments from posters who appear happy at the prospect we may be running out of oil.

Underlying their enthusiasm for "peak oil" is an anti-oil, anti-business attitude that feels our advanced capitalist society is "bad" or "wrong," wasteful of the Earth's valuable natural resources in the pursuit of a materialistic, lazy lifestyle. Posters of this disposition simply want to dismiss any other theory without serious consideration. Here's how one poster summed up that attitude, "Ugh, more abiotic oil crap ..." The ellipsis typically was not followed up by rational argument. Evidently, the poster felt the "Peak-Oil" thesis was just too obvious or well-established to be in need of defense.


TOPICS: Business/Economy; Culture/Society
KEYWORDS: abiogenic; corsi; energy; oil; peakoil; thomasgold
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1 posted on 11/15/2005 7:05:20 AM PST by Dan Evans
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To: Dan Evans

I'm not worried about what happens if we don't run out. I'm worried about what happens if we do run out.


2 posted on 11/15/2005 7:09:05 AM PST by Brilliant
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To: Brilliant
We'll never run out completely. The price will increase and slow consumption.
This article also doesn't mention the "seeps" theory...
3 posted on 11/15/2005 7:12:04 AM PST by Eric in the Ozarks
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To: Dan Evans
an anti-oil, anti-business attitude that feels our advanced capitalist society is "bad" or "wrong

If windmills and solar power were the only source of power we had, they would be under attack by the left because the left is empowered by denying the necessities of life to good people. It is the same tactic used by any extortionist thug.

4 posted on 11/15/2005 7:12:44 AM PST by Dan Evans
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To: Dan Evans
This line of analysis misses a key point of the abiotic, deep-Earth theory of oil's origin. If oil is naturally produced within the Earth's mantle, oil may well be a renewable resource.

We know it's naturally produced. The question is whether it's being produced fast enough for us to continue on as we are.

Personally, my theory is that it comes from outer space. The outer space idea and the deep-Earth idea may mean that if we drill deeper, we might find more, but who knows for sure? Unfortunately, we can't assume that everthing will work out, because if it does not, then there will be world wide famine. We can't feed this many people without oil.

5 posted on 11/15/2005 7:13:58 AM PST by Brilliant
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To: Brilliant
You worry too much.

Things have a way of working themselves out. We are pretty good at that.

6 posted on 11/15/2005 7:14:28 AM PST by Frohickey
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To: Brilliant
Most of the "peak oil" and limited supply panic mongers know nothing about how oil is produced or where it comes from.

The truth is we will never run out of oil but we may reach a limit to how much we can pull out of the ground at any one time.

Oil is made by methane percolating up from the earths core, becoming trapped in rock formations and being compressed into oil over time. This is the current view of competent geologist, very simplified.

Just remember when driving around, NO DINOSAURS DIED TO MAKE IT POSSIBLE!
7 posted on 11/15/2005 7:15:16 AM PST by fireforeffect (A kind word and a 2x4, gets you more than just a kind word.)
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To: Eric in the Ozarks

At some point, though, the price may go up enough that it might as well be completely exhausted.


8 posted on 11/15/2005 7:15:32 AM PST by Brilliant
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To: Brilliant

Honest advice for you; stop worrying, we won't be running out of oil for at least hundreds of years if ever. Go ahead and enjoy life.


9 posted on 11/15/2005 7:17:05 AM PST by RightCanuck
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To: Dan Evans
What if we don't run out of oil?

Then we're NOT DOOMED ????!!!!

10 posted on 11/15/2005 7:17:16 AM PST by OB1kNOb (We're gonna boogie oogie woogie til we just can't boogie no more..............)
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To: Dan Evans

DOn't worry. Al Gore will save us from our oil dependency.


11 posted on 11/15/2005 7:18:37 AM PST by MAD-AS-HELL (Put a mirror to the face of the republican party and all you'll see is a Donkey.)
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To: Dan Evans

The world is not going to run out of oil, per the USGS.
America however is in danger by having to import foreign oil. A Startegy for Achieving Independence from Foreign Oil can be found at www.tsaugust.org


12 posted on 11/15/2005 7:18:38 AM PST by reston
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To: Brilliant

Where ya goin' in your car today? Tomorrow? YOU should "worry" MORE about that.....and surviving.


13 posted on 11/15/2005 7:19:53 AM PST by goodnesswins (DEMS....40 yrs and $$$dollars for the War on Poverty, but NOT a $$ or minute for the WAR on Terror!)
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To: RightCanuck

No way it's going to last "hundreds of years." I suspect 30, at most, before the price goes up so much that gasoline will be considered a luxury.


14 posted on 11/15/2005 7:22:33 AM PST by Brilliant
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To: Brilliant
See post #3. We won't run out because as the price gradually increases, it makes other forms of energy economically viable. There are huge quantities of marginal "fossil" fuels that we either haven't developed the technology to recover (such as methane hydrates in the sea) or are not cost effective at current prices such as tar sands or shale oil). Not to mention synthetic fuels from coal. Then we can go to nuclear, geothermal, tidal, wind, solar, etc.

So why not do those things now? Because it will be much easier to do it with future technology than with current technology. This is one reason oil companies only explore enough to create a ten year supply of proven reserves.

15 posted on 11/15/2005 7:24:34 AM PST by Dan Evans
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To: fireforeffect

No one knows exactly how oil is made, so it's a pretty dumb nut who bets the farm on the assumption that we will have oil forever, because it's being produced everyday. Remember that the Earth has been around for about 4 billion years. If it took 4 billion years to produce the oil we've consumed over the last 1-1/2 centuries, then it's going to be a long wait before new supplies become available.


16 posted on 11/15/2005 7:26:02 AM PST by Brilliant
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To: Brilliant
Most of the oil extracted today was considered "impractical to extract" 25 years ago. And 25 years from now, I'd say most of the oil we now consider "impractical to extract" will be . . . well, practical to extract.

"Hubbert's Peak" is a canard, and I'm frankly amazed to see so many otherwise intelligent people accept it as the gospel truth.

17 posted on 11/15/2005 7:28:37 AM PST by Alberta's Child (What it all boils down to is that no one's really got it figured out just yet.)
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To: OB1kNOb
What if we don't run out of oil?

Then we're NOT DOOMED????!!!!

And it ISN'T Bush's fault?!?!?!

18 posted on 11/15/2005 7:29:00 AM PST by akorahil (Thank You and God bless all Veterans. Truly, the real heroes.)
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To: Dan Evans

Oil=energy. If the supplies dwindle and costs rise, it will make alternative sources more attractive and economically feasible. We have been using oil for energy for less than 150 years. There is nothing to say that in the year 2100, we will still be wedded to its use.


19 posted on 11/15/2005 7:29:21 AM PST by kabar
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To: Dan Evans
In the final analysis, many on the political Left appear to have gravitated to embrace "Peak-Oil" theories because the argument that we are running out of oil fits in with their overall pattern of leftist political beliefs.

Nevertheless, "Peak-Oil" makes more sense than the "Don't-worry-be-happy-the-oil-supply-is-infinite" crap that Corsi subjects us to while Big Oil continues to jack-up prices at the pump.

20 posted on 11/15/2005 7:29:29 AM PST by Willie Green (Go Pat Go!!!)
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