[Conservative Vermont Vet]

In 1971, the world’s proven oil reserves were 612 billion barrels. Since then the world has produced approximately 990 billion barrels. We should have run out of reserves fourteen years ago, but we didn’t. In fact, today’s proven reserves are 1,354 billion barrels, or 742 billion barrels more than in 1971.

Paging Pinhead Peak....?

I suggest all bookmark or copy this info such I have done and the next time some Enviro-Nut or Green Weenie starts to spout about how we are runnning out of oil, you can destroy their argument with this little factoid.

[SkyRat]

We are running out of reserves right now.

Have you visited http://theoildrum.com ?

[Fred911]