crude oil reserves running out?
With pressure on operators from fuel prices/global warming etc what do fellow pilots make of reports about the world running out of crude oil? I saw another on the bbc site last week about there being a (pessimistic) view of 30yrs supply left? Though well before this point, the increasing costs of extracting the little left will make air travel affordable for the very-rich only. Makes you wonder doesn't it? With air traffic figures likely to outgrow efficiency and technology (e.g. wingets, more efficient engines) does this seem like scaremongering or conservatism to you?
RSE