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. percysunshine
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    percysunshine Gold Member

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    Did anyone drive or ride in a car/bus/taxi/uber/motorcycle/scooter/tractor/truck/boat/airplane today?

    Guess what....
     
  2. Pilot1
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    Pilot1 Gold Member

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    We have centuries of fossil fuel, and finding more ever day, especially in the U.S. Huge oil and gas fields have been found in Texas, but also Alaska, and off shore.

    We now have fracking technology that can use the rich, natural gas resources which are CLEAN, and abundant.

    [​IMG]
     
  3. elektra
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    elektra Gold Member

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    What do you think we should do?
     
  4. watchingfromafar
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    watchingfromafar Silver Member

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    I've gone back to the drawing board on this one. To get a true answer to my quest requires far more variables that my simplistic version. I've found the fun is in the journey and my final conclusion will just be the icing on the cake.
    :)-
     
  5. watchingfromafar
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    watchingfromafar Silver Member

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    In my view fracking is nothing more than scrapping the bottom of the barrel.
    Annual consumption of natural gas Unit: bcm: Billion cubic metres of natural gas (abbreviated: bcm) or cubic kilometer of natural gas is a measure of natural gas production and trade.

    United States 864
    Russia 741
    Iran 232
    Canada 188
    Qatar 168
    China 160
    Norway 127
    Australia 125
    Saudi Arabia 98
    Algeria 96
    Turkmenistan 85
    Indonesia 75
    -------------------------------------------------
    2,695 billion cubic meters =
    100,000,269,595 cubic meters = 328,084,873,999 cubic feet
    Global Natural Gas Production | World gas natural statistics | Enerdata

    516 trillion = 516,000,000,000,000

    516 is larger than 328 which means the world consumes more natural gas in a day than the amount found in this new discovery.
    :)-
     
  6. elektra
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    elektra Gold Member

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    In my view, you are an idiot.
     
  7. watchingfromafar
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    watchingfromafar Silver Member

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    It takes one to know one
    lol :)-
     
  8. Death Angel
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    Death Angel Gold Member

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    Great news! The earth will be dead before we run out of oil. 11 years left.
     
  9. Markle
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    Markle Gold Member Gold Supporting Member Supporting Member

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    [​IMG]

    Is this supposed to be like something from Green Onions?

    It's supposed to be funny...isn't it?
     
    • Funny and Agree!! Funny and Agree!! x 1
    Last edited: Sep 8, 2019
  10. Kilroy2
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    Kilroy2 Silver Member

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    No it can because the chart show proven reserves

    Prior to Fracking and directional drilling the US was not number 10 and we were lower than 10th but due to fracking and directional drilling we are number 10 as we are able to access more oil reserves than before

    But the thing is now with this technology they are producing more that the top countries who have a whole lot more reserves than the US.

    Venezuela has almost 70 percent more reserves than the US and if you add the reserves in the top countries we would be lucky to break into the single digits

    If you add up the top countries US does not even come close

    So yeah you can increase pumping and hope for better technology to come along but if it does not you pretty much are shooting your wad in the hopes of making money now

    The top countries can exceed US output easily if they wanted to.
    But the US is just going 100 miles and hour down the highway because they can. Eventually we know what will happen at that speed. Also when your the top dog you really want to stay that way. Still US import crude all from various countries even with all this activity in the oil industry. At least 70 percent of crude oil and related products are imported in 2018

    How much petroleum does the United States import and export? - FAQ - U.S. Energy Information Administration (EIA)

    US oil production it goes up and then it goes down. That is its history and current levels are not sustainable for the long haul. Venezuela and SA are laughing because in the long haul they will still be there.

    Fracking in oil production also uses an astronomical amount of water.

    This is in direct competition with farmers and people who use water for everyday uses.

    It also produces waste water and they just pump the unusable water back into the ground.
     

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