What is wrong??

[theclencher]

Originally Posted by Biffmeistro

Oil may possibly be finite, but there's a lot more out there than most people think. We haven't even used a third of the oil that exists in the world. (According to more recent estimates.)

And even the finite-ness of oil is debatable. There's a lot of evidence that points to oil being a byproduct of the mantle, not a fossil fuel. I've read of more than one case of an oil field (near a fault) being drained and capped, then re-opened a decade or more later to be found full once more.

I'm no geologist but I'd suspect if a dry well returned to some measure of productivity years later, it's because nature abhors a vacuum and a nearby oil deposit made it's way over to the <previously occupied> reserve.

If oil is still being produced (not just harvested) it better get it in gear! Cuz we're doing our darndest to burn it off!

So... in the space of maybe 100 years we've only managed to burn off 1/3 the global supply of a natural resource??? Wow... we're slackers! Perhaps a review of this chart is in order?



Will production keep going up indefinitely? IMHO it won't, but if we're going to use oil in the manner to which we've become accustomed, it will have to!