Global Enbergy Statistics

Delta4Embassy

Gold Member
Dec 12, 2013
25,744
3,043
280
Earth
Nice site with 'real-time' stats on energy and other global statistics. According to it, there's 40 years of oil left, 160 years of natural gas. Dunno how accurate that is. My brother works at various energy facilities and seemed to reject the figures. Shrug.

Worldometers - real time world statistics

"World Proved Reserves of Oil and Natural Gas, Most Recent Estimates - Energy Information Administration (EIA) - Data from BP Statistical Review, Oil & Gas Journal, World Oil, BP Statistical Review, CEDIGAZ, and Oil & Gas Journal."

14,598 days til the end of oil
 
The higher the price of energy, the more reserves we have in the fossil fuel sector. At 100 dollars a barrel, there is a very much larger recoverable reserve than at 20 dollars a barrel. At 500 dollars a barrel, very much larger reserves yet. However, at some point you cross a line at which transportation will find some other way to power what is needed. And the consumer stops consuming, or at least, consuming that product.
 
The higher the price of energy, the more reserves we have in the fossil fuel sector. At 100 dollars a barrel, there is a very much larger recoverable reserve than at 20 dollars a barrel. At 500 dollars a barrel, very much larger reserves yet. However, at some point you cross a line at which transportation will find some other way to power what is needed. And the consumer stops consuming, or at least, consuming that product.

How dare you bring perfectly legitimate economic thought into the debate!!

Few understand the resource pyramid, and how it works, let alone the effects of economics on how the deeper you go, the more you tend to make available.
 
I'm a paid shill and unable to comment with any degree of legitimacy.

Then stop immediately pretending to know perfectly valid stuff! Act like Matthew, post pie in the sky investor pimping scams without comment or thought and pretend like everyone else is as stupid as you, or the investors!!!
 

Forum List

Back
Top