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Do you have a cite for that?LOL. 400 years of oil for the entire world in Alberta oil sands alone.
That is not scientifically true. You are thinking, perhaps, of the abiotic oil hypothesis, which is pure pseudoscience.It is continually being regenerated. It was not made "once."
It is a natural and cyclical feature of our planet.
That's right. New oil being squeezed
right now that we will never
consume – la Brea
That's all about uncertainty in future demand. Nobody seems to be doubting estimates of remaining supply.
Well, not quite exactly, but:You are thinking, perhaps, of the abiotic oil hypothesis, which is pure pseudoscience.
The hypothesis by itself is not pseudoscience; however, cranks peddle the hypothesis as a fact, and this is pseudoscientific. Save for a handful of gadflies, geologists in the West and the OPEC states, the world's primary oil producers and consumers, have little use for the abiotic oil hypothesis; they have learned through experience that you can't find petroleum anywhere close to the mantle (where the hypothesis claims it is formed) due to the fact that it breaks down in the high temperatures found at depths greater than 15,000 feet, and know that decades' worth of successful oil exploration has upheld the mainstream biotic model and where it predicts oil might be found. Most of its support is found in the Russian oil industry, at least partly for ideological reasons, and even there, its supporters are a minority, albeit a vocal one.[6][7] The bastardization of the hypothesis has been used to push climate change denial arguments and ignore a diminishing amount of limited resources.
Supporters[edit]
- Rush Limbaugh
- Jerome Corsi, who wrote a book, Black Gold Stranglehold, promoting the idea.
- George Noory promotes it from time to time.
- viewzone.com
- rense.com
How long until we actually start feeling a peak oil crisis, to the extent it affects our daily lives?
With fifteen minute cities and travel restrictions oil will last forever. You can make engines run off of water but you will never see it because Big Oil bought up the tech years ago.
Oh, yeah, that's another thing . . .With fifteen minute cities and travel restrictions oil will last forever. You can make engines run off of water but you will never see it because Big Oil bought up the tech years ago.
Hundreds of years.How long until we actually start feeling a peak oil crisis, to the extent it affects our daily lives?
In 1910 the USGS estimated reserves would run out in a decade. Since then, petroleum reserve estimates have continued to rise. New exploration and extraction technologies open new doors. Offshore drilling, deeper drilling, lateral drilling, fracking, shale extraction are just a few of the innovations that keep us swimming in this versatile source of energy. A quick Google search indicates current global reserves are to last until 2050. If over a century of petroleum history is any guide, we can expect that horizon to be pushed further into the future.
I’m optimistic. Peak oil predictions have been wrong for more than a century. It will happen someday but not anytime soon.Ha. You sounded optimistic until you got to the 2050 part.