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Old 11-08-2018, 09:25 AM
 
Location: New Orleans, LA
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I've been hearing stuff about oil in general is at its peak and will run out soon
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Old 11-08-2018, 09:43 AM
 
Location: Westwood, MA
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Oil will never run out. It will just become too expensive to be worth the effort to get it out of the ground. Possibly because solar+storage is cheaper, or because we've figured out sustainable fusion, or because we're all dead.
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Old 11-08-2018, 10:43 AM
 
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Quote:
Originally Posted by jayrandom View Post
Oil will never run out. It will just become too expensive to be worth the effort to get it out of the ground. Possibly because solar+storage is cheaper, or because we've figured out sustainable fusion, or because we're all dead.
Oil is not a renewable resource. I believe 'peak oil' was reached in the late 70s if Im not mistaken.
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Old 11-08-2018, 12:00 PM
 
Location: Westwood, MA
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Quote:
Originally Posted by rstevens62 View Post
Oil is not a renewable resource. I believe 'peak oil' was reached in the late 70s if Im not mistaken.
US peak oil was in the '70s. World peak oil is in the future.

You're right that oil is finite. Everything is finite. Even if we figured out hydrogen fusion tomorrow, there's still a limited amount (that limit is much bigger). The point is that we'll never completely run out of oil. Total recovery of oil is not economically 100% so some will always be left in the ground.

What will happen is that there will be no good reason for anyone to take that oil out of the ground, so it will just stay there. You can call this running out of useful oil or economic oil. It may be because we've found something better (like how crude oil replaced whale oil) or it may be because it takes more energy to get out than it would provide. The latter will look a lot like running out of oil, the former will look more like not needing oil any more.
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Old 11-08-2018, 01:16 PM
 
Location: Somewhere in northern Alabama
16,899 posts, read 51,488,051 times
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Oil is technically renewable, if plastics and such were turned back into oil or bio-oil like corn oil was injected back into the ground, but costs would be enormous. The peak oil of the 70s was with the simple extraction methods of the time. Fracking has made huge previously unavailable sources into rich wells. Once that is gone, there is the shale oil in Canada that again is a huge deposit. Coal can also be turned to a type of oil.

Oil is all about economics and power (political and monetary power). The improving economies of other energy sources and creative ways to make money in energy will eventually reduce its use.
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Old 11-08-2018, 01:29 PM
 
Location: The Berk in Denver, CO USA
13,166 posts, read 18,816,652 times
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"How Long Until Oil Itself Is Run Out?"
23 years and 14 days.
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Old 11-08-2018, 01:49 PM
 
Location: Herndon, VA
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Burning oil is the most massive recycling process ever undertaken:

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Old 11-08-2018, 01:50 PM
 
Location: Aurora Denveralis
3,170 posts, read 1,082,118 times
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Quote:
Originally Posted by davebarnes View Post
"How Long Until Oil Itself Is Run Out?"
23 years and 14 days.
Ah, a Fourteener. You poor deluded souls.

It's 23 years and 15 days, hallelujah.

The question is not "when will oil run out" - and it will, by a variety of sliding definitions - but "when will we figure out that fossil carbon is real, real bad for our future" and leave 99% of the crap where Alley Oop put it.
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Old 11-08-2018, 05:05 PM
 
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With all the water used, especially for fracking, we will run out of clean water before people give up on fossil fuels.
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Old 11-08-2018, 05:17 PM
 
Location: Aurora Denveralis
3,170 posts, read 1,082,118 times
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Quote:
Originally Posted by crone View Post
With all the water used, especially for fracking, we will run out of clean water before people give up on fossil fuels.
Water is endlessly recyclable using relatively simple technology. It's just a problem when nature doesn't provide all we care to waste.
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