World Oil All Gone In 38 Years

Discussion in 'Energy' started by watchingfromafar, Jun 7, 2019.

?

Do you believe we should start doing something now?

Poll closed Jul 7, 2019.
  1. Yes

    7 vote(s)
    28.0%
  2. No

    10 vote(s)
    40.0%
  3. I could care less

    10 vote(s)
    40.0%
Multiple votes are allowed.
  1. elektra
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    elektra Gold Member

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    History: Black gold drew people to Kern, Taft

    n the late 1800s, discoveries of oil made Kern County a hot spot for folks looking to strike it rich. Old Sunset field was one of the earliest oil fields.

    The first rig placed in Old Sunset by Lovejoy and his partners only produced one barrel per day. Another well dug to a depth of 300 feet produced sulfur water.

    The Midway-Sunset oilfield continues to be extremely productive today. According to a 2013 report by the state Division of Oil, Gas and Geothermal Resources, the Midway-Sunset is the largest producing oil field in California. Estimates from the report show the field produced 28.8 million barrels of oil last year.
     
  2. Likkmee
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    Likkmee Gold Member

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    Yeah. " End of humanity" Tag ends in uneven number ? No gas for you today.
    I had extra tags. That Cobrajet couldn't go a day without a tank vanishing
    Of course now some flag wavers say we have more than anyone. So instead of nationalizing the resource..... it's for sale, like everything else.
     
  3. Weatherman2020
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    Weatherman2020 Diamond Member

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    "Petroleum has been used for less than 50 years, and it is estimated that the supply will last about 25 or 30 years longer. If production is curtailed and waste stopped it may last till the end of the century. The most important effects of its disappearance will be in the lack of illuminants. Animal and vegetable oils will not begin to supply its place. This being the case, the reckless exploitation of oil fields and the consumption of oil for fuel should be checked."

    — July 19, 1909 Titusville Herald (Titusville, PA)

    upload_2019-6-9_12-59-12.jpeg
     
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  4. Likkmee
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    Likkmee Gold Member

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    Fuels are only a part. Plastics, agrochems,paints and accessories, your wifeys nail polish and that big triple D dildo in the dresser are all part of the game.
     
  5. Flopper
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    Flopper Gold Member Gold Supporting Member Supporting Member

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    This picture is what was all so common in the past, huge amounts of oil under pressure, not far under the surface that was just begging to be released. When the oil first went into major production in Saudi Arabia, there was no need to pump oil, you just open values and it flowed at a fantastic rate. Today we drill deeper and deeper. We go further and further into remote areas and further offshore which adds to the cost of production. When you add the cost of increases in regulations around world on transportation of oil, production, emission and pollution controls, spill cleanups, and of course tax increases, the cost of using oil as a fuel will drive consumers to other fuels, long before the world runs out of oil.
     
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    Last edited: Jun 9, 2019
  6. bripat9643
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    bripat9643 Diamond Member

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    The end of oil was first predicted to occur in 1970.
     
  7. bripat9643
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    bripat9643 Diamond Member

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    You're forgetting that shale oil increases proven reserves by 900%.
     
  8. watchingfromafar
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    watchingfromafar Silver Member

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    It is irrelevant how many times something was predicted to happen and didn’t happen. What is important is when a prediction comes true. I’ve done the number crunching, presented it here and now I am hopping the folks here will join together and try to come up with some solutions.

    If you don’t want to join in then don’t.

    :)-
     
  9. bripat9643
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    bripat9643 Diamond Member

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    When it comes true, then you'll have something to crow about. Until that time, we'll place your theory where it belongs: in the waste bin.
     
  10. watchingfromafar
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    watchingfromafar Silver Member

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    You have forgotten to provide a link to prove your statement. as if this is going to change the global equation on world supply and demand.
    :)-
     

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