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Old 11-26-2018, 10:47 AM
 
2,244 posts, read 608,811 times
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They were just a teeny bit off.......we are now exporting oil with more being found every week......I have heard the peak oil mantra my entire life and how we were just a few years from dry holes......no different than the sky is falling because of the carbon scam.........
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Old 11-26-2018, 10:51 AM
 
Location: AZ
2,068 posts, read 427,849 times
Reputation: 928
Quote:
Originally Posted by Vf6cruiser View Post
They were just a teeny bit off.......we are now exporting oil with more being found every week......I have heard the peak oil mantra my entire life and how we were just a few years from dry holes......no different than the sky is falling because of the carbon scam.........
Sure, if you conviently ignore that we’ve had a century of engineering advances in the filed of mining, allowing us to discover and access previously unusable deposits.....

We have the technology to map any economically feasible deposits, and we are running out.
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Old 11-26-2018, 10:55 AM
 
16,702 posts, read 9,066,095 times
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Quote:
Originally Posted by Vf6cruiser View Post
we are now exporting oil with more being found every week......
We are exporting refined oil.

We are still a net importer of crude oil as domestic production doesn't fill the demand.
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Old 11-26-2018, 10:58 AM
 
10,189 posts, read 2,611,994 times
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If they were wrong about this in the past...theres a very good chance we are wrong today as well.
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Old 11-26-2018, 11:00 AM
 
Location: New York
1,303 posts, read 245,652 times
Reputation: 950
Quote:
Originally Posted by Vf6cruiser View Post
They were just a teeny bit off.......we are now exporting oil with more being found every week......I have heard the peak oil mantra my entire life and how we were just a few years from dry holes......no different than the sky is falling because of the carbon scam.........

I remember (the 70s) Jimmy Carter warning the country that we would soon run out of natural gas!


OMG, how wrong was he? He set his entire agenda around this unproven, now disproven, claim.


The US is literally awash with Abiogenic petroleum.
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Old 11-26-2018, 12:04 PM
 
9,430 posts, read 4,536,850 times
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In the last year, the wells around here were shut down. Not because they were dry, they just found better places to get the oil. Someday, they will reopen.
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Old 11-26-2018, 12:45 PM
Status: "think locally, act yokelly." (set 16 hours ago)
 
Location: Clyde Hill, WA
3,053 posts, read 538,978 times
Reputation: 935
I was taught in school that we had 40 years left, no ifs, ands, or buts. That was 43 years ago.
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Old 11-26-2018, 03:46 PM
 
Location: New York
1,303 posts, read 245,652 times
Reputation: 950
Quote:
Originally Posted by subaru5555 View Post
Sure, if you conviently ignore that weíve had a century of engineering advances in the filed of mining, allowing us to discover and access previously unusable deposits.....

We have the technology to map any economically feasible deposits, and we are running out.

Tell that to the drillers who began opening up previously dry wells by the thousands to find them full and producing again, without fracking or cracking. We're talking about wells that were tapped out many decades ago.


To say we're running out is an opinion, not a fact. As the OP pointed out, supposedly smart people have been making these same claims for more than 100 years.


Could we run out? Maybe


Could it never run out? Maybe



Nobody knows for certain and anyone who claims to know is a charlatan.
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Old 11-26-2018, 03:54 PM
 
11,281 posts, read 8,369,907 times
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Those projections were probably made on the available information at the time. New methods and discoveries changed the equation. That does not mean people were idiots.

IMO, some of the ways used to get petroleum products are not worth the cost.
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Old 11-26-2018, 03:58 PM
 
Location: Colorado Springs
4,324 posts, read 1,788,290 times
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Quote:
Originally Posted by rstevens62 View Post
If they were wrong about this in the past...theres a very good chance we are wrong today as well.
Possibly although our methods are far more refined than in the past.
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