(about 47 years)
I’m gonna have to stop driving in 2073?
No way!!
I remember commercials back in the late 60’s stating that we would be running out of fossil fuels before the mid-70’s. The same people that said we were going to freeze to death and now claim global warming. The same people that said we and everything we hold dear are going to perish due to acid rain. When will we stop paying attention to these people?
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For those of you who think that our numbers are low in comparison, oil reserves are not defined well enough for the public.
Oil reserves are the estimated quantities of crude oil, condensate, and natural gas liquids in known underground reservoirs that are technically and economically recoverable under current market conditions and technology. These, primarily, are categorized as proved (1P), probable (2P), or possible (3P) based on the certainty of recovery.
So there are factors that are not covering what is actually under there. Any time the word “economical” is tossed in, it bears the recoverability based more on the bottom line than on the actual amount. The full “estimate” of the bulk is still incomplete as the US, for instance, is not totally aware of the amount in ANWR or the Rockies. It just hasn’t become a source since it isn’t needed yet so the oil companies haven’t tapped it. If it becomes a need for economics, the companies will have a better idea how much is down there because they are looking for it. It’s all based upon the market demand and the cost to supply it.
wy69
Will I be alive on earth in 47 years? Very likely no unless there are some major longevity breakthroughs.
Only gas powered cars. You could still drive a Tesla after 47 yrs .