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Originally posted by Romanian
Well, I agree - there are TONS of oil. However our economy runs with billions of barrens a day haha. I tell you , if your theory was true, the oil companies would not spend £$ in finding new fields.
Actually , there was no major oilfield discovery lately - despite the money invested in the explorations.
The Oil peak is a real issue , and it is not just about the oil, but pretty much every natural resource we need to run the civilization.
We talk about drop in quantity as well as quality .
try to watch the following video then tell me what you think about it:
Originally posted by jkm1864
Only thing that will accomplish is 80% of the worlds population will starve before society adjusts. Do You realize petroleum goes into about everything You use from soaps to plastics. Petroleum is also used in fertilizer and well of coarse fuel for tractors. So just imagine if We ran out of fertilizer where would we get an alternative? We could use dung and human poo but it would take years just to build up a system to provide it to all the farmers. So in the mean time people would starve to death. I believe We need to be weened off oil and it does need to start now because if We don't We will be forced to. We could easily go to ethanol but then again farmers are paid not to plant corn and expensive machinery because congress refuses to make welfare people work.
Originally posted by Solomons
There is enough oil to still last quite a few centuries.I dont think we will be using it that long though,big oil companies will just invest in something else...i can guarantee you though it wont be "free energy"
Originally posted by justsomeboreddude
So you dont like things made of plastic, moisturizers, lubricants, etc... Do you realize these things are made from oil as well?