BTTT
To buy into the theroy that we are running out of oil, you have to beleive that the process by which it is formed no longer happens.
Here we go again....
Some of the other moons and planets seem to be made of frozen methane.
I don’t think we’ll find frozen dinosaurs and forests there. So that would make it sound like hydrocarbons are the basic building block of the universe.
Although, who knows. The sooner we put a lander on the surface maybe the sooner we find out. The universe may be weirder than we know.
The fossil fuel crowd can predict where to find oil which strongly bolsters their theories. The abiotic theories will always be little more than curious sidenotes until they can reliably predict where to find oil.
Not only has the U.S. economic growth been stunted by our insistence on not drilling our own oil, but we have funded Muslim terrorist states, incurred large deficits, and built strategic oil reserves all in vain.
In the ‘70s scientist discovered deep ocean thermal vents. http://en.wikipedia.org/wiki/Hydrothermal_vent
The oceans are pulled in toward the core boiled and enriched and then vented. Hmmm...aren’t the oceans the largest carbon sinks on the planet? Yes they are, so CO2 in the atmosphere gets absorbed by the oceans then the CO2 saturated sea water gets pulled toward the core and super heated under pressure. Suggesting that this is how oil is made. We can burn as much as we want and the planet recycles it and produces more. A natural cycle. The anti-SUV, global warming nuts will explode.
Peak oil was always fear-mongering bs like global warming.
If this is true, then we would never have found any oil. We look for oil where ancient living things would have pooled. And we find it there.
If oil is mostly 10 or 20 miles down, it becomes too expensive to get to. You burn most of it just to lift it. And if we run short of shallow oil, there will be none left to drill with.
If we have an inexhaustible supply of oil, we still don’t have an inexhaustible supply of air. There is plenty of oxygen to burn. And you can discount global warming. But at 3%-5% concentration, CO2 is toxic. At 5ppm per decade, 3% will be reached in just 60,000 years. Maybe we’ll evolve to adapt by then.
Oh well, carry on.
good article - and good brief overview - see also the following link for a slightly more extended overview on this very significant topic
VC. Kelessidis, 2009. Challenges for very deep oil and gas drilling – will there ever be a depth limit ? Paper presented at the 3rd International AMIREG Conference, Athens, 7-9 Sept.
http://drillinglab.mred.tuc.gr/Publications/56.pdf