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It Will Take 131 Years To Replace Oil, And We've Only Got 10
Business Insider ^
| 11/14/2010
| Dian L. Chu, Economic Forecast and Opinion
Posted on 11/14/2010 4:20:08 PM PST by WebFocus
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To: WebFocus
Dian L. Chu, Economic Forecast and Opinion
41
posted on
11/14/2010 4:51:02 PM PST
by
Doogle
((USAF.68-73..8th TFW Ubon Thailand..never store a threat you should have eliminated))
To: umgud
Well, the liberals will tell us that coal is dirty and we’re blowing up mountains in West Virginia to get it and all that. And they will say that nuclear is bad because of nuclear waste and Chernobyl(sp?) and, even though nuclear produces no greenhouse gases, it’s just too risky.
The liberals only favor solar energy. They say they favor electric cars, but when they find out that the huge quantities of electricity needed to power millions of electric cars in this country will be generated in coal fired power plants, they will turn against electric cars.
The liberals will interrupt and interfere with any solutions to our energy problems.
To: thackney
43
posted on
11/14/2010 5:02:21 PM PST
by
Army Air Corps
(Four fried chickens and a coke)
To: WebFocus
By incorporating market expectations into the model, the authors, Nataliya Malyshkina and Deb Niemeier, indicated that based on their calculation, the peak of oil production could occur between 2010 and 2030 Absolute crap.
The US is sitting on very large reserves of oil and coal. Oil is a political problem, not a resource problem.
44
posted on
11/14/2010 5:02:37 PM PST
by
ChildOfThe60s
( If you can remember the 60s....you weren't really there)
To: WebFocus
Time to start building a hundred or so coal-to-liquids plants. The USA has a 200 year supply of coal and the technology to turn coal into oil distillates has existed since before WWII.
45
posted on
11/14/2010 5:05:33 PM PST
by
NRG1973
To: Deagle
Experts have been saying that oil will only last another ten years...since the 1920s.
46
posted on
11/14/2010 5:05:33 PM PST
by
Army Air Corps
(Four fried chickens and a coke)
To: Army Air Corps
Experts have been wrong since the 1920’s... Seems that they keep finding more oil or better ways to get at it...
47
posted on
11/14/2010 5:07:18 PM PST
by
Deagle
To: WebFocus
I remember being in business school in the early 1960’s. As a class study project we projected, based on the data we had, that the world would be out of oil by the year 2000. We all know how that turned out. I would not pay attention to these studies.
To: Deagle
have been wrong since the 1920s... Seems that they keep finding more oil or better ways to get at it...Agreed. The people that make claims like this are either idiots or lying through their teeth.
49
posted on
11/14/2010 5:11:07 PM PST
by
TruthFactor
(The Death of Nations: Pornography, Homosexuality, Abortion)
To: Deagle
Yep. That is my point. The “Oil is doomed” folks have been saying this almost from the moment someone figured out how to distill petroleum in the late 19th century.
50
posted on
11/14/2010 5:12:13 PM PST
by
Army Air Corps
(Four fried chickens and a coke)
To: Citizen Tom Paine
This article strikes me as intellectual masturbation is the extreme.Most of the articles from Business Insider are.
Someone at FR is really flogging 'em, though.
Generally, I don't even click-through anymore, but the headlines usually promise something interesting -- sooner or later, I'll learn.
51
posted on
11/14/2010 5:13:20 PM PST
by
BfloGuy
(It is not from the benevolence of the butcher, the brewer, or the baker, that we can expect . . .)
To: thecodont
Oil as a finite resource is nothing more than an urban myth.
Science has shown that myth is not true, but it is obtusely politicaly incorrect to mention the white oily elephant in the room.
Oil is created around 200 miles below the earths surface. Some of the radioative elements play a part in the process. Helium is given off as a by product. The chemical process is not fully understood, but the geophysics are understood.
Oil is being replaced with oil that has vastly different chemical signatures than the original sources.
I laugh at these little dweebs who cannot face the truth.
52
posted on
11/14/2010 5:14:07 PM PST
by
Candor7
(Obama . fascist info..http://www.americanthinker.com/2009/05/barack_obama_the_quintessentia_1.html)
To: Venturer
We have at least one coal gassification plant-in North Dakota.
We can build more. We have a 1000 years supply of lignite coal.
To: WebFocus
Let's pretend that oil doesn't result from natural, abiotic, geological processes for a moment. Let's pretend that easy crude will run out shortly. Even if that's true (and it's not), the treehuggers - literally - say we have all the renewable fuel we'll ever need right here in the U.S.
Algael jet fuel And if the treehuggers say we can switch to algae, then there's no reason for them to insist that we abandon our cars, at least not our power diesels, is there?
To: WebFocus
I think I heard something like this 20-30 years ago....
55
posted on
11/14/2010 5:17:44 PM PST
by
Las Vegas Ron
(Moderates manipulate, extremists use violence, but the goal is the same.)
To: Army Air Corps
Heh...right on! Experts say...garbage...for so many years...
Dang, yesterday I thought the Earth was flat!
56
posted on
11/14/2010 5:18:20 PM PST
by
Deagle
To: mountainlion
These guys get such a chubby when the term “peak oil” is mentioned. BTW - Hasn’t that term been used since the 1920’s?
We burn our food for fuel but won’t drill for massive quantities of oil under our own land. There is something seriously wrong with this picture.
To: w1andsodidwe
I'm still waiting for the global cooling that was the rage in the seventies, the new dust bowl caused by fertilization of the soil, and California sinking into the sea.
Ok, the last one I am kinda still hoping for.
58
posted on
11/14/2010 5:21:54 PM PST
by
Colvin
(Proud Owner '66 Binder PU, '66 Binder Travelall,)
To: Citizen Tom Paine
“This article strikes me as intellectual masturbation is the extreme.”
Yeah, for sure. There’s enough hydrocarbon (oil, gas, coal) reserves just here in the U.S. to last at least another one hundred years.
59
posted on
11/14/2010 5:24:50 PM PST
by
snoringbear
(Government is the Pimp,)
To: E. Pluribus Unum
Total BS!!
California has hundreds of years of oil, all we have to do is eliminate the excessive taxes and kill off the environmentalists!!!!
60
posted on
11/14/2010 5:25:58 PM PST
by
dalereed
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