AutoDiesel
Veteran Member
- Joined
- Sep 23, 2000
- Location
- Pacific Northwest
[ QUOTE ]
BioDiesel said:
What does emissions have to do with anything?
Gas isn't renewable, biodiesel is.
You won't care about emissions once we start to run out of gas and the price skyrockets.
[/ QUOTE ]
I'll cut and paste something for you though.
Are We Running Out of Oil?
The Growing Endowment of Oil.
*In 1994, the U.S. Geological Survey raised the estimate to 2,400 billion barrels, and their most recent estimate (2000) was of a 3,000-billion-barrel endowment.
Additional Petroleum Resources.
*Worldwide, the oil-shale resource base could easily be as large as 14,000 billion barrels — more than 500 years of oil supply at year 2000 production rates
Unconventional oil resources are more expensive to extract and produce, but we can expect production costs to drop with time as improved technologies increase efficiency.
------------------------------------------------------------
I used to think the Hubberts prediction was correct.
I don't anymore and not from just this one article.
The oil companies are not going to sit around and let their profits slip away in the future.
Good or bad, big oil is here to stay for a long time.
Ever wonder why in todays dollars the price of gas is cheaper today than even in 1985?
BioDiesel said:
What does emissions have to do with anything?
Gas isn't renewable, biodiesel is.
You won't care about emissions once we start to run out of gas and the price skyrockets.
[/ QUOTE ]
I'll cut and paste something for you though.
Are We Running Out of Oil?
The Growing Endowment of Oil.
*In 1994, the U.S. Geological Survey raised the estimate to 2,400 billion barrels, and their most recent estimate (2000) was of a 3,000-billion-barrel endowment.
Additional Petroleum Resources.
*Worldwide, the oil-shale resource base could easily be as large as 14,000 billion barrels — more than 500 years of oil supply at year 2000 production rates
Unconventional oil resources are more expensive to extract and produce, but we can expect production costs to drop with time as improved technologies increase efficiency.
------------------------------------------------------------
I used to think the Hubberts prediction was correct.
I don't anymore and not from just this one article.
The oil companies are not going to sit around and let their profits slip away in the future.
Good or bad, big oil is here to stay for a long time.
Ever wonder why in todays dollars the price of gas is cheaper today than even in 1985?