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So....it is different then.
That's twice you've agreed with me.
There will always be oil which we choose not to extract.
There is a difference between running out because none is there, or simply not having a use for it any more and so leaving it there.
Last edited by speights boy; 09-01-2015, 09:15 AM.
We wont leave it there because we have no use. We wil run out of any way to viably extract it. We will r u n o u t :-)
I think you started early on the Speights today.
No it will be because we have run out. :-).
I'll check back in with Wayne in 2065 also. In my dilythium powered wheel chair dressed in my oxygen and water creation suit. :-)
We wont leave it there because we have no use. We wil run out of any way to viably extract it. We will r u n o u t :-)
I think you started early on the Speights today.
Sorry to but in fellas, but I love this type of cash flow type evaluation.
So , is it a replenishing system?
Well, yes, earth still churns over the crust, and the oceans are still full of living things that use sun to convert the elements (in the water) into configurations that can go into the churn.
how fast does the replenishment occur, how fast does the consumption occur, who is doing the consumption, what are they consuming it on... and so on.
Then there's reserves, how much, what form do they take, can we get at them with our technology.
What will happen to our atmospheric oxygen mix when all that carbon is taken from it's solid prison and in to a gaseous liberation?
Can we live in that gas mix?
So what you have are several in flows and out flows contributing to the levels of luxury of the first world (by that I mean the USA really).
( and yes we better consider the developing world also).
So what you fellas really need to do is get some sense of scale, to see how the flows will run, and have a punt on how technology and politics ( and social conventions) will warp that basic groundwork.
Hint, here's a nice info graphic of who's using that stuff now.
And the graph back at #247 clearly showed that the known reserves has increased substantially over the years.
As the price goes up it gets more worth while to look for more.
Given the volume of phytoplankton required and the fact that it has to get to between 5000 and 15000 feet down THEN be kept between 60 and 120 degrees it is drawing a long bow to say oil is being produced now.
It reminds me of the cliche of the likelihood a chimpanzee could randomly arrange the correct number of letters and produce war and peace.
No Wayne the reserves go up because the Middle East makes up the numbers to keep OPEC quota. PROVEN reserves expire in 2043 if consumption plateaus. The rest is bovine eschatology.
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