"The Age of Oil — 100-plus years of astonishing economic growth made possible by cheap, abundant oil — could be ending without our really being aware of it. Oil is a finite commodity. At some point...
"The Age of Oil — 100-plus years of astonishing economic growth made possible by cheap, abundant oil — could be ending without our really being aware of it. Oil is a finite commodity. At some point even the vast reservoirs of Saudi Arabia will run dry. But before that happens there will come a day when oil production 'peaks,' when demand overtakes supply (and never looks back), resulting in large and possibly catastrophic price increases that could make today's $60-a-barrel oil look like chump change...
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answer. oil is a finite resource, mankind will out pace its demanded. small simple example... with the advance of technology, people live longer, huge children(global scale)mortality decrease,and human population increase. as a bloody race we live beyond our needs, and alot of developing nation are using coal and fossil fuel as scource. so in other word, there won't be enough oil for everyone , were killing the 20,000 yrs stable evironment that helping doing this in the first place. result war
i have a degree in petroleum engineering, we have just finished the century of oil, and sitll have prospects for 30 to 50 years further refinery...but now...welcome to the century of gas. with LNG productions and future hydratest o be developed from seabeds, it is a potential 500+ year industry...u wont be seeing alternative energy for many many years to come
Do you really believe there will be anyone left alive on Earth in100 years time to use these resources let alone 500?.Withour paper thin atmosphere decaying the way it is, i hopeyour right!.
can you point me at a web sit,e thought LNG had peaked. methane hydrate ice A Possible Mechanism For Ice Age And Global Warming Cycles.found this on google has anybody taped into this yet ? is this what you mean about your 500+ year industry
I thought gas peak prodution was due to peak 2015-2025 .had a look at hydrates on the seabed of which there is more than twice coal oil gas combined, At present there is no suitable technology for recovering sea-bed methane hydrates.could be a potential 500+ year industry especially if it can,t be recovered ! u wont be seeing alternative energy for many many years to come ?Oil tycoon T-Boone Pickens seems to be putting a lot of his money in wind turbines
Yes, all correct, except for the bit about wind turbines...ok yes, there a great idea...but...wind, though being a renewable resource, is not constant...wind does not blow at the same rate all the time and you need a certain speed in order to turn the turbines. therefore IF something is to be done about it...well, i cant change wind speed can you? more money is being put into that than into wind power, due to the current low oil price..its all politics and money these days
they work when the wind blows and in some places in america it,s windy its alternative energy and you will be seeing more of them plus other,s such as solar.within 15-20 years people will have large electrical storage at home so you can level the power requirements and make your own electric & store its going to happen faster than methane hydrates from the sea bed, it has to
just noticed your from australia plenty of solar energy thier you may have been better doing a degree in that. don,t think we will get a century out of lpg boone says 20-30 years bridge to get other alternatives going
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Ice Age And Global Warming Cycles.found this on google has anybody taped into this yet ? is this what you mean about your 500+ year industry
u wont be seeing alternative energy for many many years to come ?Oil tycoon T-Boone Pickens seems to be putting a lot of his money in wind turbines
more money is being put into that than into wind power, due to the current low oil price..its all politics and money these days