We Have TOO MUCH OIL!!!

I'm worried that we will NEVER run out.

Category:

Education

Tags:

• MrCropper
• oil
• petroleum
• peak
• mid-east
• green
• environmentalism

[threadform]

Cropper there is to much money in oil for them to just let it slip away. You also neglect the fact that we produce synthetic materials with oil.

Your arguments against wind power are F-----G HILARIOUS! I child jumps off his trampoline into a f-----g windmill? ARE YOU INSANE?

Cropper what education do you have?

[MrCropper]

"Cropper what education do you have?"

4 years of college (3 and 1/2 because I dropped out the last semester) majoring in History and Philosophy.

[UnhealthySalad]

I agree, there is way too much oil for us to be worrying about using it all. The main problem I see is getting that oil in a cost-effective manner. I don't know if we've seen or will see peak oil, but I believe for certain that we have already passed peak cheap oil.

What makes you think oil will back down to 50 to 25 bucks?

[MrCropper]

"What makes you think oil will back down to 50 to 25 bucks?"

A recession would reduce demand and therefore price.

It was at $16 in the mid-1990's and everyone was stressed out because exploration was being discouraged and emergent technologies couldn't compete.

In the Great Depression, stock prices fell 88%, and didn't revisit their previous high until the 1950's.

Markets go up and down. Oil won't stay this high. Well, at least not for more than a decade, and I doubt that long.

[pinkflyd741]

I agree, cheap oil is gone we won't see it in our lifetime. So as far as I'm concerned we have hit peak. And as far as the the tar sands and oil shale I think they cost too much to extract at this point so I really don't consider them as a viable means to get oil.

[MrCropper]

"And as far as the the tar sands and oil shale I think they cost too much to extract at this point so I really don't consider them as a viable means to get oil."

The tar sands are economically viable at $50.00 a barrel, which seems to be a floor price for at least a few years.

[jwoodswce]

Bad news Mr. C, apparently the Earth is making more oil as it has been reported that oil fields in the Caribbean are being replenished despite our best efforts to drain them.

[horvay]

Shael oil isn't much higher than that, I think it was 50-80 dollars with Shell Oil's new method.

[lexrex3]

We have more proven oil reserves than ever in our history, so one problem is how to control the price and limit supply, so the price can remain high and thus more profitable. Of course, most of the reserves now days are harder to extract than previous reserves, since you get the easy reserves first.

[felixq78]

Does this guy do stand up comedy? Excuse my ignorance but he must be, he is isn't he?

[Mehmet66Yozgat]

MrCropper you right! All that "Oil-Crisis" debate that created the fuckin Media is nothing more than fuckin Lies! Our Planet has infinitely Oil.

[Szalur89]

how will they go if its oil shortage like they sad?i think they are fooling you

[warchild81]

You were right in did come back down to 50 $ barrell

[Aotommo]

Look up the term, "reductio ad absurdum."

[Aotommo]

BRILLIANT reductio ad absurdum.

[beaumec242]

global warming is due to hydrates methane escaping throuhg th ocean...

[eventide925]

You could say that OPEC is enjoying "An oil bubble?"