posted on Jun, 9 2004 @ 08:54 AM
Originally posted by ThunderCloud
No, we're not running out of oil.
First of all, the Earth's crust is 50 miles thick; our deepest drills can barely go more than a mile deep.
Whether or not the depth of our deepest drills is accurate or not, there is only a certain window of depth that oil can be found. The rocks that oil
comes from have to pass through that depth. If they don't get deep enough, you get coal. If they get too deep, the complex hydrocarbon molecules
crack apart, and you don't have oil anymore. Our drills can easily get through this layer. We know that there cannot be any oil deeper than our
drills can go, because the heat and pressure crack the molecules. So, then, we can consider the depth of the oil irrelevant. That, coupled with the
fact that oil is non-renewable, (It was previously stated correctly that yes, we can synthesize oil, but it takes more energy than it produces.) means
that we started running out the minute we first struck oil. As I stated in my previous post, it isn't that we are going to run completely out of oil.
It's that the oil that's in the ground will become increasingly expensive and difficult to extract, and, by the economic laws of supply and demand,
that will cause the price of oil, gas, plastics, food, and anything else that requires petroleum in any way to skyrocket. (Before you ask, modern
agriculture is extremely dependant on oil for transportation, fertilizers and pesticides. So, yes, food gets more expensive, too)
So, then, it's cheap oil that's going away. And soon. The Saudi figures are highly suspect, when you consider OPEC's quota system. And the concept
of "Proven Reserves" is also iffy at best.
But don't believe me. Check it out for yourself. Check your sources. I'd recommend anything from Matt Simmons, Kenneth Deffeyes, or Colin Campbell.
It's good reading, and ya might learn something. Good luck.