End Of Oil in 19 Years, what do we do?

Discussion in 'Energy' started by watchingfromafar, Mar 11, 2018.

?

should this concern you

  1. yes

    2 vote(s)
    13.3%
  2. no

    13 vote(s)
    86.7%
  3. maybe

    0 vote(s)
    0.0%
  1. saveliberty
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    saveliberty Diamond Member

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    We were suppose to be nuclear powered by now. You may be forgetting the undiscovered reserves of oil.
     
  2. watchingfromafar
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    watchingfromafar VIP Member

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    Yes you did. But maybe you didn't quite grasp the significance of it.At "current" consumption rate it will be gone in 52 years. This spells an economic meltdown. That is unless we act now and change our energy infrastructure "before" this crash occurs. I don't see us doing it; do you?
     
  3. Zander
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    Zander Platinum Member

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    Be afraid.Be very afraid!!

    :rofl:
     
  4. Damaged Eagle
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    Damaged Eagle Ride the wind Gold Supporting Member Supporting Member

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    [​IMG]

    They were saying my parents grandchildren would grow up in a world without oil all the way back in the seventies. I'm sure by now that some brilliant genius has had his work suppressed because he/she figured out how to convert trash into some cheap fuel.

    *****CHUCKLE*****



    :)

    Otherwise there's always that $50 or more corn I mentioned earlier.
     
  5. watchingfromafar
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    watchingfromafar VIP Member

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    China is joining France and Britain in announcing plans to end sales of gasoline and diesel cars.

    China's industry ministry is developing a timetable to end production and sale of traditional fuel cars and will promote development of electric technology, state media on Sunday cited a Cabinet official as saying.

    France and Britain announced in July they will stop sales of gasoline and diesel automobiles by 2040 as part of efforts to reduce pollution and carbon emissions that contribute to global warming.

    Communist leaders also want to curb China's growing appetite for imported oil and see electric cars as a promising industry in which their country can take an early lead.

    China passed the United States last year as the biggest electric car market. Sales of electrics and gasoline-electric hybrids rose 50 percent over 2015 to 336,000 vehicles, or 40 percent of global demand. U.S. sales totaled 159,620.

    ABC News
     
  6. Toddsterpatriot
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    Toddsterpatriot Diamond Member

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    The point I was trying to make still stands;

    Did you miss the headline at your link?

    Worldwide oil, natural gas reserves inch higher in 2017

    Despite a year of drilling and consumption, reserves were higher a year later.

    So what do we do next?

    We continue to allow the market and the march of technology to create improvements.
    More efficient use, more efficient discovery and drilling, more efficient production.
     
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