When and what happens when oil runs out: The answer, page 2
Pages: <<  1    2  >>
ATS Members have flagged this thread 1 times


reply posted on 16-8-2008 @ 12:07 PM by poet1b
reply to post by crawgator406



WOW, this is an old thread.

Good time to dust it off, and give credit to the Op for being so accurate in the prediction.

Peak oil occurred in late 2005, and the oil prices we are seeing are the result. Those who argue that peal oil has not occurred are drinking the oil companies cool aid. Sure, we are not going to completely run out of oil, But, the oil sources of the future are going to be FAR, FAR, more expensive to tap.

Alternative energy sources are already starting to be developed, and lets face it, we could make huge gains in our efficiency standards. I take a train to work, and it is far more relaxing and enjoyable than driving, the big problem is that public transportation is so limited, it takes such a long time to get anywhere, and that is a problem that could be easily solved.

What I think is best about the inevitable rise of oil costs due to the decline of the availability of easy to access oil is that this could be the beginning of the end of big oil, and that would be a great thing for humanity. I dream of wind mill and solar mill farms, and bio-diesel farms which will not be controlled by huge international corporations.

The bad news is that food and all other costs are going to soar, and the third world nations are going to suffer the most. There will be extreme pressure to migrate to the first world nations, and things will get worse before they get better. The young populations of the third world are going to become a very big problem.



reply posted on 16-8-2008 @ 01:20 PM by poet1b
reply to post by disgustedbyhumanity



If the Earth regenerates oil, and that is a huge IF, then it is not regenerating the oil fast enough to keep up with current demand, or the level of demand from thirty years ago, so the problem remains the same, we have to find alternative sources of energy soon.

Being that we have burned through the accumulation of oil throughout the history of the Earth in about a hundred years, in the reasonably easy to access places on the planet, no regeneration theory is going to solve anything.


reply posted on 6-11-2008 @ 08:33 PM by Anonymous ATS
reply to post by AlexofSkye



Any oil discovery curve as a function of time clearly shows that the amount of oil being discovered over the last couple of decades has declined. As long as one keeps using some amount of a finite resource such as oil it will definitely run out. Why isn't this obvious?


reply posted on 7-11-2008 @ 06:02 AM by Long Lance
there is no true alternative to petroleum products, at present.

ie. it's the most efficient and, more importantly, versatile source of energy especially for mobile use. Hydrogen is a
pipe-dream, electric is going to be a decent alternative, at least for city use, even with caveats such as heavy and toxic batteries and ethanol, well, biofuels, by nature will always remain of limited volume, due to their production at low energy densities. they might, however, allow farms and remote villages to produce their own power and fuel.

On Ethanol-blend emissions

Food shortages blamed on biofuels

A World Bank classified report on the subject


i'll keep posting this stuff even on necroposted threads see one, because, like GMOs, it's all just empty promises and veiled agendas. take gas prices, they're high because the market is controlled by a cartel, take a a gander at their record profits and crude vs. refined price relations and you'll understand. peak oil or not, some people are raping a captive market, that's all, for now at least.


PS: petroleum will be phased out, hopefully sooner rather than later, all that's required to do that would (f-ex.) be a method to mine methane hydrate and another to derive longer chained hydrocarbons from it, ie. synthetic fuel.

these two goals are by no means utopic.

[edit on 2008.11.7 by Long Lance]


reply posted on 6-12-2008 @ 08:50 AM by StellarX
Originally posted by poet1b

Good time to dust it off, and give credit to the Op for being so accurate in the prediction.


Really? Accurate predictions?

Peak oil occurred in late 2005, and the oil prices we are seeing are the result.


There is no conclusive ( i would say non but interpretation does vary depending on how well informed one is) proof that peak oil occurred in late 2005 and there most certainly isn't any more proof for it now despite the fact that so many countries oil production capacities remains devastated or undeveloped.

Those who argue that peal oil has not occurred are drinking the oil companies cool aid.


Those that argue that peak oil has occurred are drinking far more intoxicating stuff than cool aid. The oil companies are not pushing the peak oil issue despite the fact that it would make much sense for them to do so while continuing their actions to prevent true alternatives from gaining market share.

Sure, we are not going to completely run out of oil, But, the oil sources of the future are going to be FAR, FAR, more expensive to tap.


Which must be why oil prices slumped to 8 USD in 1998 leading to a decade of underdevelopment and reduced exploration to prevent more oil gluts and price slumps? Isn't it barely ten years later and we are again heading for a massive glut on the oil market? How can it be said that oil is 'peaking' when it's price can collapse so spectacularly without the demand being much reduced?

Alternative energy sources are already starting to be developed, and lets face it, we could make huge gains in our efficiency standards.


And that has been the case for more than 100 years yet here we are using oil.

I take a train to work, and it is far more relaxing and enjoyable than driving, the big problem is that public transportation is so limited, it takes such a long time to get anywhere, and that is a problem that could be easily solved.


It does take more time but in many ways you have that time for some form of personal enrichment. If everyone read a few books in that time we would ALL be better off.

What I think is best about the inevitable rise of oil costs due to the decline of the availability of easy to access oil is that this could be the beginning of the end of big oil, and that would be a great thing for humanity.


Big oil wont so easily slip into oblivion and while they will milk oil revenue's to the last day i am confident they will ensure their place in the new energy economy by hook and or by crook.

I dream of wind mill and solar mill farms, and bio-diesel farms which will not be controlled by huge international corporations.


I dream of vacuum energy extraction( a reality since oil become 'popular' but i must admit that the wind mills are far more beautiful and awe inspiring.

The bad news is that food and all other costs are going to soar, and the third world nations are going to suffer the most.


Well they don't have to but the same forces as before will do their best to keep these third world citizens poor and unable to defend their resources with the legal, social and martial prowess that results from better education and living standards.

There will be extreme pressure to migrate to the first world nations, and things will get worse before they get better.


If the pressure on the third world is kept up that would be the case but it doesn't have to be that way if we all did our part to spread the word about why and how the third world is kept in it's artificial impoverished state by mostly western powers.

The young populations of the third world are going to become a very big problem.


Or the solution if we can help them to shut the door on those who would exploit their resources to further the wealth and power they will then employ to slowly destroy western living standards in similar fashion.

Stellar


reply posted on 15-2-2009 @ 05:41 PM by ANNED
we will never run out of oil.

we may run out of oil in the ground but.

during WW2 the Germans had very little oil.

They made there own oil using the Fischer-Tropsch process.
en.wikipedia.org...

With this process we can MAKE oil from trash, sewage, biomass, ETC

This should be a priory with the Obama administration to build these plants.

We could emanate land fills, hazardous waste dumps. treated sewage going into our rivers with drugs in it. all toxic to the environment
ag.arizona.edu...

We could cut our need for arab oil by a good % just by building these plants.

Along with improving the gas mileage of our cars we might be able to end the use of arab oil



reply posted on 21-2-2009 @ 04:16 PM by poet1b
reply to post by StellarX



I don't know what you are looking for when it comes to conclusive proof that oil production peaked in 2005, but there is far more evidence of peak oil than there is evidence that the advanced Western nations are responsible for all the poverty and the all the brutal third world dictators in the world.

www.oildecline.com...

Worldwide discovery of oil peaked in 1964 and has followed a steady decline since. According to industry consultants IHS Energy, 90% of all known reserves are now in production, suggesting that few major discoveries remain to be made. There have been no significant discoveries of new oil since 2002. In 2001 there were 8 large scale discoveries, and in 2002 there were 3 such discoveries. In 2003 there were no large scale discoveries of oil. Given geologists' sophisticated understanding of the characteristics that would indicate a major oil find, is is highly unlikely that any area large enough to be significant has eluded attention and no amount or kind of technology will alter that. Since 1981 we have consumed oil faster than we have found it, and the gap continues to widen. Developing an area such as the Artic National Wildlife Refuge in Alaska has a ten year lead time and would ultimately produce well under 1% of what the world currently consumes (IEA).



www.theoildrum.com...




Executive Summary:

1. Broad revision (from 1980 to 2004) by the EIA this month but not significant in amplitude.
2. Monthly production peaks are unchanged:
1. All Liquids: the peak is still July 2006 at 85.54 mbpd (up 0.11 mbpd), the year to date average production in 2007 (6 months) is 84.28 mbpd (up 0.02 mbpd), down 0.07 mbpd from 2006 for the same period.
2. Crude Oil + NGL: the peak date remains May 2005 at 82.09 mbpd (up 0.01 mbpd), the year to date average production for 2007 (6 months) is 81.20 mbpd (down 0.04 mbpd), down 0.06 mbpd from 2006.
3. Crude Oil + Condensate: the peak date remains May 2005 at 74.30 mbpd (up 0.15 mbpd), the year to date average production for 2007 (6 months) is 73.23 mbpd (up 0.14 mbpd), down 0.25 mbpd from 2006.
4. NGPL: the peak date is still February 2007 at 8.03 mbpd (down 0.21 mbpd), the year to date average production for 2007 (6 months) is 7.97 mbpd (down 0.18 mbpd), up 0.19 mbpd from 2006.
3. Decline in crude oil + condensate continues: June 2007 estimate for crude oil + condensate is 72.82 mbpd compared to 73.11 mbpd one year ago and 73.92 mbpd two years ago.
4. Average forecast: the average forecast for crude oil + NGL based on 13 different projections (Figure above) is showing a kind of production plateau around 81 +/- 4 mbpd with a decline after 2010 +/- 1 year.



reply posted on 6-3-2009 @ 03:58 PM by TeslaandLyne
reply to post by poet1b



I saw one of those Wind Power fields and I thought what a waste of space.
The number of true atomic generators that could be placed in that
field could power the world.

Well, it might take all the wind power fields in the world not just the
one, but thats what I thought.

There is still the research on the radiant power that seems neglected
or under cover for some reason as that would replace the atomic
generators that are under cover as well. See electrical engineering
just goes on and on as Tesla ignored GE and made upgrades to
power generation that are still ignored by the world.


reply posted on 6-3-2009 @ 04:47 PM by Edrick
What is everyones problem with Hydrogen?

I just don't get it... Hydrocarbons get their energy FROM the hydrogen Oxygen combustion process.

Surely it cant be the efficiency of electrolysis... which is from 80-95% efficient.

It CANNOT be Hydrogen Embrittlemnt, which is caused by Atomic Hydrogen (A product of arc welding) and not Molecular Hydrogen (a product of electrolysis)

We already have viable hydrogen storage vessels (pressurized for vehicular, Metal hydrides for in place storage, Liquid for Aviation.)

We already have abundant energy resources to power this hydrogen economy...

High efficiency Copper Indium Gallium Selenium Nanoparticle cells have reduced the cost per watt of solar cells to comperable with coal power.

Slap those babies on peoples roofs (gov't Subsidization)

Make a whole bunch of low cost solar plants (Fresnel Lens solar trough steam plants)

And just convert your gas stations to a form of grid powered Hydrogen Electrolysis station.


Simple...

There is around 6.3458186 × 10^14 watts available on the earths sunward side all the time... (every second)

(Earth Radius 6,356^2 * PI) * 1,000,000(meters^2 per Kilometer^2) * .25 (landmass) * 200 (avg watts per m^2)

To contrast, the world uses 85,085,664 barrels per day.

One barrel of oil contains 6.1*10^9 joules (joule = Watt second)

(6.1*10^9)*85,085,664 = 5.1902255 × 10^17 joules (watt seconds) per day

OR

5.1902255 × 10^17 watt seconds per day.

Contrast that to:

6.3458186 × 10^14 watt seconds per SECOND, on the sunward side of the earth.

OR

2.2844947 × 10^18 watt seconds per HOUR.

OR

1.37069682 × 10^19 watt seconds per DAY.

Using Fresnel concentration tech will reduce the amount of zinc/silver/aluminum used for reflectors.

Pumping it all back into the grid, and using at the gas stations will set up the infrastructure rather simply and cost effectively. (also cutting cost of transport.)

As far as Biodeisel, ethanol, etc...

Solar is FAR more efficient per acre than plant material... seriously, there isn't even a comparison.



Discuss.

-Edrick
Pages: <<  1    2  >>    ^^TOP^^