Revolutionary discovery means world may not run out of crude (global warming, gasoline)

[oz in SC]

Eeek!!!!!!!

A team of scientists based at the Royal Institute of Technology in Sweden have made a "revolutionary" discovery about how hydrocarbon is formed, learning that animal and plant fossils are not necessary to form crude oil.
The discovery, the scientists say, means that the world will never run out of crude oil. Currently, theory states that crude oil is formed very slowly - over millions of years - from the remains of dead plants and animals. Buried under rock, over time the pressure and temperature of natural earth processes results in the creation of crude oil. But that theory is now old news, as the scientists, led by Vladimir Kutcherov, say they have proven that fossilized plants and animals are not needed to create hydrocarbons.

The idea of endless oil might be a bane to environmentalists and high-stakes oil production fields, such as Canada's oil sands, but most of the world's population will thrill to the idea that they will not have to give up their beloved automobiles. Not only will it be a much simpler (http://www.nationalpost.com/related/topics/story.html?id=1987711 - broken link) matter to find and extract petroleum fuels, but, as Kutcherov's theories become reality, prices for natural gas and gasoline products should decrease. Kutcherov said the world is reliant on crude oil and natural gas, which makes up 61% of fuels currently used. Kutcherov had recently proven that hydrocarbons can be created out of water, calcium carbonate and iron, and this means that crude oil is a sustainable, renewable resource, according to reports (http://www.nationalpost.com/related/topics/story.html?id=1987711 - broken link). However, this discovery does not mean that emissions from the combustion of hydrocarbons do not create climate change.

Revolutionary discovery means world may not run out of crude

[sanrene]

I have never believed we would run out.

[irishvanguard]

Global warming zealots will have a stroke.

[Casper in Dallas]

This is an old story, so far no further word.
Casper

[High_Plains_Retired]

I've always felt that if there were enough plants and animals on Earth to account for all the oil, the planet would have had to have been wall to wall animals standing on several miles of plant material. However, if I were an oil company executive, or an environmentalist, I would have kept that thought under my hat.

[burdell]

Originally Posted by irishvanguard

Global warming zealots will have a stroke.

WHY? The report does say: "However, this discovery does not mean that emissions from the combustion of hydrocarbons do not create climate change. "

[Boompa]

Perhaps that's what Obama's Death Panels are doing at the FEMA Camps

[oz in SC]

Originally Posted by burdell

WHY? The report does say: "However, this discovery does not mean that emissions from the combustion of hydrocarbons do not create climate change. "

Because if oil can be made and can be made cheaply,there will be little reason to change.

[texdav]

If that were so you couldn't stop it bascailly . its like making enthnol from crops;doesn't really work well, and is expensive.

[burdell]

Originally Posted by oz in SC

Because if oil can be made and can be made cheaply,there will be little reason to change.

The key is "made cheaply" Doesn't seem to be any mention of that.