Carter. President Jimmy Carter - please pick up the courtesy phone.
The optimistic view of the world's oil resource was also given support by BP's chief economist, Peter Davies, who dismissed theories of “Peak Oil” as fallacious. Instead, he gave warning that world oil production would peak as demand weakened, because of political constraints, including taxation and government efforts to reduce greenhouse gas emissions.
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Well, whaddaya know, it looks like those evil Conservatives in their Gas Guzzling SUV's were right all along......
(((snicker))))
Good grief, I thought “Peak Oil” had been debunked long ago. The fact that the politics of “climate” can, and do, affect supply is evidenced, clearly, by ANWAR and our miserable, politically correct, failure to drill it! Duh.
The reason to use less oil and to exploit our own petroleum resources is not because we're running out or to save the polar bears. It's because we need to stop funding our enemies in Iran, Saudi Arabia and Venezuela. This should be the focus of any rational energy policy.
It seems that the problems with the oil is the problem of indoctrination by the elite marxists who would destroy the middle class of all the once conservative western nations by pushing the lies of global warming and declining resourses and such.
Fact is, the earth is a closed system that God created and oil is but one of the many self regenerating systems of this closed system as all oil is made by long dead trees,plants, and animals that die and are put in the ground.
But the scientists are for the most part liars who get money from the government for lying.
The oil may, in fact, be available...but the environmentalists will never let you drill for it.
“has concluded that rates of decline are only 4.5 per cent a year”
So that means we have about 25 years to go before our oil is exhausted for all practical purposes. I’m not sure how he draws the conclusion that we’re not running out of oil.
Once we perfect the transport beam we can simply “beam up” the oil from down deep without even having to drill
Ten cent a gallon gasoline anyone?
Everyone should also recongize that this is a relatively small number of fields compared to the world supply. The Gulf of Mexico alone has 717 fields producing oil.
Related Article:
Gloomy outlook for oil disputed
http://www.chron.com/disp/story.mpl/business/energy/5465438.html
IMHO, All the talk about an oil shortage is nothing but a big scam. Oil companies can cut back on production, say there is a shortage, and charge more for their product. Not that they would ever do that. :0)
Actually there are two things the world isn't running out of. Oil is one and idiots is the other!
If it weren't for idiots who buy into every left wing propaganda campaign that comes along, and thus prevent the country from following a SANE energy policy that includes utilizing ALL the resources available to us, we would not have ANY energy problems!
Don’t forget Natural Gas
Destin Dome
“The natural gas fields taken off the table today represent enough
natural gas to supply a million U.S. families for over 30 years,”
http://www.ngsa.org/docs/pressrelease/2002/DestinDomeAnnouncement5_29_02.pdf
http://www.gomr.mms.gov/homepg/whatsnew/techann/000044.html
BTW under the BUSH administration.
~snorrfle!~ Hey, I tried driving a Hybrid. When I ran over the cat, because he couldn’t hear it coming, I couldn’t stand the POS anymore.
I love my Envoy!
“The optimistic view of the world’s oil resource was also given support by BP’s chief economist, Peter Davies, who dismissed theories of “Peak Oil” as fallacious. Instead, he gave warning that world oil production would peak as demand weakened, because of political constraints, including taxation and government efforts to reduce greenhouse gas emissions.”
Davies’ view is spot on....just as the Wahabi Islam terrorists around the world run their economy on oil, other economies, states, megalomaniacs will be taxing oil to fund their own “New Deals”. If our congress woke up, they could as well....ie, supply side is the right side to be on. Envirowacko ‘energy plans’ simply cater to our enemies.
Somehow that seems like a contradiction. Conservatives wasting gas driving SUV's seems to contradict the true meaning of 'conservative'.
Don’t listen to the ‘experts’ since there are ‘experts’ on all sides of the issue and always have been. Find out what Peak Oil actually is and what it means. Then you can put all these pronouncements in their proper roundfile.
Doesn’t matter. We have to stop sending $278 bill a year to Saudi Arabia.
Carter. President Jimmy Carter - please pick up the courtesy phone.
World not running out of oil, say experts
The sooner the better.
imagine a world in which we don’t need muslim energy any longer.
btt