PPRuNe Forums - View Single Post - crude oil reserves running out?
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Old 25th Jan 2006, 12:59
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Rainboe
Warning Toxic!
Disgusted of Tunbridge
 
Join Date: Jan 2005
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When I started paid employment as a pilot in 1970, people were telling me then 'oil was running out'. Over the last 35 years, they have constantly been saying it. Now with pprune, they are saying it more and more and it's 'in your face' because this site is so widely read and it seems so much more believable. They are saying it now. And all the time, reserves are being located. So they may not be as accessible and costs of extracting may be a lot higher, but the costs of those new methods of extraction will fall as those techniques become more widespread. We're going to see more generally expensive oil just like we are constantly seeing more expensive and wide ranging taxation. If you want to fly, fly- stop listening to these daft doomsayers. They've been banging on like that since the last war (the big one)- how many times do they have to be wrong to be disbelieved?
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