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When does the oil dry up?

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When does the oil dry up?

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Old 6th Oct 2007, 14:40
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When does the oil dry up?

A few points to ponder over a pint and a bagel:
  • When is oil / gas, etc, forecast to dry up in “The Land Of Sand”?
  • What's next? Bio-fuel? ???
  • What will become of the "ME-ME-ME!!" society - those (thankfully few) neauvou-rich rude people who act, think, and talk like they control the taps?

Intelligent banter welcome. This stuff will run out soon (even if it's not in our lifetime, it will dry up soon!). Then what?

~R.D.
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Old 6th Oct 2007, 14:47
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The End Is Nigh

Who cares, it's all a lot worse than that!

Earth 'goes into the red'
LONDON: The world moved into 'ecological overdraft yesterday, the point at which human consumption exceeds the ability of the earth to sustain it in any year and goes into the red, the New Economics Foundation think-tank said.

Ecological Debt Day this year is three days earlier than in 2006 which itself was three days earlier than in 2005. NEF said the date had moved steadily backwards every year since humanity began living beyond its environmental means in the 1980s.

"As the world creeps closer to irreversible global warming and goes deeper into ecological debt, why on earth, say, would the UK export 20 tonnes of mineral water to Australia and then re-import 21 tonnes," said NEF director Andrew Simms. "And why would that wasteful trade be more the rule than the exception," he added.

Not only was there a massive gulf between rich and poor but there were deep variations in environmental profligacy between the rich countries, NEF said.

If everyone in the world had the same consumption rates as in the US it would take 5.3 planet earths to support them, NEF said, noting that the figure was 3.1 for France and Britain, 3.0 for Spain, 2.5 for Germany and 2.4 for Japan.

But if everyone emulated China, which is building a coal-fired power station every five days to feed its booming economy, it would take only 0.9 of a planet. The NEF report comes as diplomatic momentum builds for UN environment ministers meeting in December on the Indonesian island of Bali to agree to start talks on a replacement for the Kyoto Protocol.
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Old 6th Oct 2007, 15:19
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The problem with "Think Tanks" is that while their "Thinkers" may be long on thinking, they tend to be short of "knowledge".
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Old 6th Oct 2007, 15:44
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"Now I don't know
I don't know
I don't know where I'm a gonna go
When the volcano blow"
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Old 6th Oct 2007, 16:03
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DD

Seeing as this particular 'Think Tank' has been around for over 15 years and are yet to be 'debunked' it would be fair to consider NEF to be just as long on knowledge as thought. Ever considered lengthening your thought processes?
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Old 6th Oct 2007, 16:25
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It is difficult to debunk information like that. It is even more difficult to prove it.

Don't get me wrong. I do belive in global warming and the rest, but to me, information like that is almost as strange as that produced by the global warming deniers.

The real problem I have with you friend though, is that they make their living by telling you the obvious without having a clue as to prescribing a real alternative. Electic cars you say or even fuel cells. Guess what you have to you to generate the electricity to charge the batterys or worse to separate the hydrogen from the oxygen?
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Old 6th Oct 2007, 16:27
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we do not need alternate.......we have oil.........
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Old 6th Oct 2007, 16:29
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Yes, I'm sure you do.
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Old 6th Oct 2007, 17:35
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Intelligent Banter Welcome...Guess that excludes GF_Sexy as is proven with almost every single post she makes.
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Old 6th Oct 2007, 20:05
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Danger hey DD

why you so concern about our oil.....concern about your country man...........again we do not need any other resource....we had enough .........judgment day is so close.............. if you so concern............go some where else which alternate avil
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Old 6th Oct 2007, 20:07
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Grrr hey ICARS

mind your own business
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Old 7th Oct 2007, 01:04
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When will the oil run out?

Well, lets see....
Oil was first discovered in Saudi Arabia in 1938 in the alHassa basin, by a Chevron/Texaco joint venture.
Last I heard, the production there now is about 10million barrels/day.
In the alRhub al Khali (empty quarter) of Saudi exists proven reserves that are at least six times the amount of oil extracted from the alHassa basin, to date, since 1938.
In other words...a whole bunch.
Oil exploration in west Africa (excluding Nigeria) has turned up (recently) nealry half as much as stated above....and countries are still looking.
Mauritania for example, has discovered at least 8 billion barrels.
Don't count on oil disappearing any time soon....
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Old 7th Oct 2007, 02:56
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GF_Sexy,

Not so concerned about your oil. Which field is yours by the way?

More concerned about your grammar though man
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Old 7th Oct 2007, 03:54
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Jeez Ray, judging by the last 2 posts, you're a little miffed about something!? Wazzup dude?
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Old 7th Oct 2007, 05:47
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The oil doesnt have to run out...just a price collapse would make things difficult here
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Old 7th Oct 2007, 06:15
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Could have sworn I posted this here yesterday but maybe not, a different forum perhaps?

As those that have worked in the industry will know, gas usually comes first followed by the oil and Qatar are sitting on a gas/oil field that is said to have the ability to last until year 2500!
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Old 7th Oct 2007, 14:01
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take a read of this
http://www.atimes.com/atimes/Central_Asia/II27Ag01.html
I doubt the Russians will have much need for us expats as the ME does
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Old 7th Oct 2007, 14:37
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When does the oil dry up?

Not in my days, and I still have a long way to go..., I think. There is still plenty of untapped oil around despite the some skeptics. These guys want to continue scaring the oil (not free) markets to keep it at the levels they are today. They use all sorts of "excuses". News like (just recently) a little girl (oil worker daughter) being kidnapped in Nigeria, cold winters in the US and the oil riggers in Norway going on strike, made oil prices reached "never seen" heights. I'm more concerned about the climate changes than anything else.
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Old 7th Oct 2007, 15:16
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I'm more concerned about the climate changes than anything else.
Are you really?
Hmmm, had you been around in 1957, you could have whitnessed the cover of an issue of Life magazine, which quite broadly proclaimed...'Danger, the coming mini ice age.'

'Twas International Geophysical Year, you see, and 'weather scientists' were all worried about severe cooling....
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