The World Has 53.3 Years of Oil Left

fool.com ^ | June 22, 2014 | Matt DiLallo

[PeaceBeWithYou]

Whif we run out, we can just make the stuff, it is just a hydrocarbon, after all.

CO2 conversion to Gasoline, Diesel, Jet Fuel, etc.

[bicyclerepair]

Libs want you to believe 3 things about oil.

It’s FINITE (not renewable).
It’s from dinosaurs (not renewable).
It makes evil oil companies rich.

Truth be damned with lib-tards.

[Gill]

its called abiotic oil ,a never ending replenishing supply the Russians came out with the theory years ago, but was never widely accepted in us.

[driftdiver]

So basically about 50 years.

[thackney]

I would still call it a serious use before 1964.

I would say it was a serious requirement for our economy before WW2.

[FlingWingFlyer]

The experts said it was going to be warm and sunny here today with calm winds. It’s windier than hell already. Hmmmm. Bad news for the guys fighting the fires.

[thackney]

but was never widely accepted in us

Or anywhere else.

[MuttTheHoople]

[mikrofon]

Hollywood has long admonished about evil Corporate interests keeping us dependent on oil...

T'Pol: "Were they aware at this time [2004] that Earth's supply of fossil fuel was nearing depletion?"
Archer: "They had been for 30 years... But it wasn't until 2061 that they finally did."

[Red Steel]

Peak oil again? I thought this died 10 years ago.

[BenLurkin]

I’ll be long gone.

[roadcat]

Almost the entire earth will all be under the oceans in 10 years so what difference does it make?

LOL! A positive spin on the problem! There's no problem. Besides, all those billions of dead humans along with plants and animals will cook over time and replenish the oil. That's the ticket. (I like your humor!)

[ProtectOurFreedom]

Note to self. Fill up the cars the night of Sunday, September 25, 2067.

[MrBambaLaMamba]

WHAT IF THEY’RE WRONG?
SUPPOSE THERE’S ONLY 53.2 YEARS LEFT?
TAXES MUST BE RAISED AND FREEDOM CURTAILED!!!
IT IS THE WORLD’S ONLY HOPE!

[Kackikat]

By that time we will be the Jetons’, so regular gas won’t get it.

[ckilmer]

Gulf oil were drilling wells all over OK and TX from the 80’s well into
the 90’s. Many people working those fields told me outright that the wells
were being found and capped for no apparent reason
............
its always economics. Oil prices collapsed in the late 80’s and 90’s. The price was too low and the technology wasn’t good enough.

Now the price is great the technology is much much better.

You can believe those same wells are being turned on now.

[I want the USA back]

Stupid headline. It’s possible that at some time it will become too expensive to get oil from the ground, so that we no longer choose to get it from the ground. But we won’t “run out” of it.

[RegulatorCountry]

Almost the entire earth will all be under the oceans in 10 years so what difference does it make?

We'll need something to power our houseboats.

[ReaganÜberAlles]

Well played sir

[tet68]

All the fields will be underwater....
so, invest in submarine drilling equipment...