If the earth has been creating oil for millions of years...
Where did it all go before we started taping it about 150 years ago?...
There would need to be some kind of natural earth oil creation/consumption cycle,
Or else over the time of millions of years of creating oil the earth would just become one big glob of oil...
Or the creation of oil by the earth is just so slow we had not hit that critical mass when we started using it ...
And if the earth is that slow to create new oil
Then the replace rate for what we use would be irrelevant ...
I accept that new oil is created but at what rate?
And we would need to understand the natural earth oil creation/consumption cycle to tap in to it and use it before we "bet the farm" that nature will replace at the rate we use...
That not "green" lib BS...
That basic business and engineering logic that need to be applied to any energy source... there no free lunch...
If you think there is ...your no better that a lib blowing wind and sunshine energy up you ass without bottom lining and running the numbers on what you get out for what you invest in
“and use it before we “bet the farm” that nature will replace at the rate we use...”
Even if we believe that it’s dead dinosaur pools,, or like some nervous nellies, that it is made far too slow to be “sustainable”,, so what?
If it is finite,, then that means the world isn’t fair, and we were lucky enough to live in the petroleum era. In 35 years, 100 years,, 250 years,, whatever, they will have to find a way to power their world.
I wish them luck, but i fail to see why it is my job to decide how they will cope 100 years hence,, or why we shouldnt use every drop we can find.
As it is truly exhauted, the market will make it 1000 bucks a barrel, and alternatives will become feasable with every price increase.
What Obama and the left is doing is trying to PRETEND that we have run out, and are now at “peak oil”. If it were true, it would manifest itself no matter how much we drilled. There would be no need to shut down drilling everywhere. They could sit back and laugh as oil companies always failed to bring in the oil.
I say we use every drop we can without a single thought for generations 150 years from now. Totally serious.