Oil discoveries dispel "Peak Oil" as myth

[Rigby5]

No my friend, in your grandchildren's time.
-

Even if true, fusion power will be perfected long before that. It may be perfected in the next 10 years. They are making great strides.

More likely the next 100 years.

It isn't going to take that long.

Sure. What's the closest they've come to break-even?
How many billions did they spend?

They have come pretty close, actually. The ITER installation is supposed to produce above break-even.

Breaking even with fusion does still not mean it is practical.
It is still expensive, difficult, and still has radiation hazards.
They have been promising us we are almost there, every year, for over 50 years now.
And yet it seems as distant as ever.
One possibility is that they government does not want cheap and easy fusion because once revealed, could mean everyone could produce cheap fusion weapons?

 

[Rigby5]

Even if true, fusion power will be perfected long before that. It may be perfected in the next 10 years. They are making great strides.

I hope you are right.
We have nuclear powered submarines today. This same power could provide the electricity for our cities and that electric power could charge electric cars.
I believe this is coming.
It will either be a result of--
an economic meltdown and restart
or
planned smooth transition
in my opinion -

Chernobyl and Fukishima put a damper on that.
Even if it could be done safely, people don't trust them any more.

 

[watchingfromafar]

There are a lot of folks who believe "the end of oil is near" is an old stale myth but at least remember that there will be a point when this will be true; this you cannot deny.
Even the illiterate has a right to be ignorant. I know the data below will be difficult for you to understand so please ask a friend to explain it to you.

It is expected that by the year 2035, demand will reach 110.3 million barrels a day. Companies eventually will start to transition to alternative forms of energy and will be interesting to see what the future holds for renewable energy.
Which countries have the biggest oil reserves?

A 2013 study concluded that peak oil "appears probable before 2030", and that there was a "significant risk" that it would occur before 2020
Peak oil - Wikipedia

When the price of gasoline rises, people naturally buy less of it; the amount of this reduction being determined by the amount of the price increase and the consumer's elasticity of demand for gasoline. This does not necessarily mean that people will drive less (though it is likely), it may mean that consumers trade in their SUVs for smaller cars, hybrid vehicles, electric cars or cars that run on alternative fuels.
Will the World Ever Run Out of Oil?

Countries With The Largest Proven Oil Reserves
Rank Country Reserves (millions of barrels), 2017 US EIA
1 Venezuela 300,878
2 Saudi Arabia 266,455
3 Canada 169,709
4 Iran 158,400
5 Iraq 142,503
6 Kuwait 101,500
7 United Arab Emirates 97,800
8 Russia 80,000
9 Libya 48,363
10 United States 39,230
11 Nigeria 37,062
12 Kazakhstan 30,000
13 China 25,620
14 Qatar 25,244
15 Brazil 12,999
16 Algeria 12,200
17 Angola 8,273
18 Ecuador 8,273
19 Mexico 7,640
20 Azerbaijan 7,000
---------------------------
TOTAL 1,609,149 million proven barrels
The World’s Largest Oil Reserves By Country

It is expected that by the year 2035, demand will reach 110.3 million barrels a day or 40,259 a year
1609149/40259 = 40+/- years left

The Truth Will Set You Free

.,,.,.,.,,,,,,,,,,,,,,,,,,,……………………………

It is expected that by the year 2035, demand will reach 110.3 million barrels a day. Companies eventually will start to transition to alternative forms of energy and will be interesting to see what the future holds for renewable energy.
Which countries have the biggest oil reserves?

A 2013 study concluded that peak oil "appears probable before 2030", and that there was a "significant risk" that it would occur before 2020
Peak oil - Wikipedia

When the price of gasoline rises, people naturally buy less of it; the amount of this reduction being determined by the amount of the price increase and the consumer's elasticity of demand for gasoline. This does not necessarily mean that people will drive less (though it is likely), it may mean that consumers trade in their SUVs for smaller cars, hybrid vehicles, electric cars or cars that run on alternative fuels.
Will the World Ever Run Out of Oil?

 

[westwall]

There are a lot of folks who believe "the end of oil is near" is an old stale myth but at least remember that there will be a point when this will be true; this you cannot deny.
Even the illiterate has a right to be ignorant. I know the data below will be difficult for you to understand so please ask a friend to explain it to you.

It is expected that by the year 2035, demand will reach 110.3 million barrels a day. Companies eventually will start to transition to alternative forms of energy and will be interesting to see what the future holds for renewable energy.
Which countries have the biggest oil reserves?

A 2013 study concluded that peak oil "appears probable before 2030", and that there was a "significant risk" that it would occur before 2020
Peak oil - Wikipedia

When the price of gasoline rises, people naturally buy less of it; the amount of this reduction being determined by the amount of the price increase and the consumer's elasticity of demand for gasoline. This does not necessarily mean that people will drive less (though it is likely), it may mean that consumers trade in their SUVs for smaller cars, hybrid vehicles, electric cars or cars that run on alternative fuels.
Will the World Ever Run Out of Oil?

Countries With The Largest Proven Oil Reserves
Rank Country Reserves (millions of barrels), 2017 US EIA
1 Venezuela 300,878
2 Saudi Arabia 266,455
3 Canada 169,709
4 Iran 158,400
5 Iraq 142,503
6 Kuwait 101,500
7 United Arab Emirates 97,800
8 Russia 80,000
9 Libya 48,363
10 United States 39,230
11 Nigeria 37,062
12 Kazakhstan 30,000
13 China 25,620
14 Qatar 25,244
15 Brazil 12,999
16 Algeria 12,200
17 Angola 8,273
18 Ecuador 8,273
19 Mexico 7,640
20 Azerbaijan 7,000
---------------------------
TOTAL 1,609,149 million proven barrels
The World’s Largest Oil Reserves By Country

It is expected that by the year 2035, demand will reach 110.3 million barrels a day or 40,259 a year
1609149/40259 = 40+/- years left

The Truth Will Set You Free

.,,.,.,.,,,,,,,,,,,,,,,,,,,……………………………

It is expected that by the year 2035, demand will reach 110.3 million barrels a day. Companies eventually will start to transition to alternative forms of energy and will be interesting to see what the future holds for renewable energy.
Which countries have the biggest oil reserves?

A 2013 study concluded that peak oil "appears probable before 2030", and that there was a "significant risk" that it would occur before 2020
Peak oil - Wikipedia

When the price of gasoline rises, people naturally buy less of it; the amount of this reduction being determined by the amount of the price increase and the consumer's elasticity of demand for gasoline. This does not necessarily mean that people will drive less (though it is likely), it may mean that consumers trade in their SUVs for smaller cars, hybrid vehicles, electric cars or cars that run on alternative fuels.
Will the World Ever Run Out of Oil?

No, this is not a fact. Old, depleted fields are recharging in some areas. It seems more research is needed on how oil is created.

 

[watchingfromafar]

No, this is not a fact. Old, depleted fields are recharging in some areas. It seems more research is needed on how oil is created.

Keep telling yourself this, it will make it easier for you to sleep at night
What is not mentioning is the decline in current oil fields. As new oil fields are found old one dry up. Now put that into your predictions

Oil field production decline
Individual oil wells are typically within multi-well oil fields. As with individual wells, the production curves for oil fields vary depending on geology and how they are developed and produced. Some fields have symmetric bell-shaped production profiles, but it is more common that the period of inclining production is briefer and steeper than the subsequent decline. More than half the production usually occurs after a field has reached a peak or plateau. Production profiles of many fields show distinct peaks, but for giant oil fields, it is more common for production to reach and maintain a plateau before declining. Once a field declines, it usually follows an exponential decline.
Oil depletion - Wikipedia

A 2013 study concluded that peak oil "appears probable before 2030", and that there was a "significant risk" that it would occur before 2020
Peak oil - Wikipedia

When the price of gasoline rises, people naturally buy less of it; the amount of this reduction being determined by the amount of the price increase and the consumer's elasticity of demand for gasoline. This does not necessarily mean that people will drive less (though it is likely), it may mean that consumers trade in their SUVs for smaller cars, hybrid vehicles, electric cars or cars that run on alternative fuels.
Will the World Ever Run Out of Oil?
The truth will set you free or lying to yourself will give you nightmares

-

 

[Toddsterpatriot]

No, this is not a fact. Old, depleted fields are recharging in some areas. It seems more research is needed on how oil is created.

Keep telling yourself this, it will make it easier for you to sleep at night
What is not mentioning is the decline in current oil fields. As new oil fields are found old one dry up. Now put that into your predictions

Oil field production decline
Individual oil wells are typically within multi-well oil fields. As with individual wells, the production curves for oil fields vary depending on geology and how they are developed and produced. Some fields have symmetric bell-shaped production profiles, but it is more common that the period of inclining production is briefer and steeper than the subsequent decline. More than half the production usually occurs after a field has reached a peak or plateau. Production profiles of many fields show distinct peaks, but for giant oil fields, it is more common for production to reach and maintain a plateau before declining. Once a field declines, it usually follows an exponential decline.
Oil depletion - Wikipedia

A 2013 study concluded that peak oil "appears probable before 2030", and that there was a "significant risk" that it would occur before 2020
Peak oil - Wikipedia

When the price of gasoline rises, people naturally buy less of it; the amount of this reduction being determined by the amount of the price increase and the consumer's elasticity of demand for gasoline. This does not necessarily mean that people will drive less (though it is likely), it may mean that consumers trade in their SUVs for smaller cars, hybrid vehicles, electric cars or cars that run on alternative fuels.
Will the World Ever Run Out of Oil?
The truth will set you free or lying to yourself will give you nightmares
View attachment 282082


-

A 2013 study concluded that peak oil "appears probable before 2030",

I'm sure you could find studies from the 80s that said peak oil "appears probable before 2000".

 

[deanrd]

The world is a ball hanging in space. It’s resources are finite. Eventually there will be no more. Because that’s just the way reality works. Sad that you have to explain this. It seems so obvious.

 

[watchingfromafar]

View attachment 282084

I'm sure you could find studies from the 80s that said peak oil "appears probable before 2000".

The folks haven't heard you yet, please email France, Germany and the rest who think otherwise~~~~
Renewable update---

Monaco—

Since 1994, the Government has been encouraging the use of clean energy vehicles in the Principality, in particular by granting purchasing subsidies. The Government wished to adapt the scale of subsidies to take account of the increased availability of hybrid versions, as this had led to the granting of subsidies to vehicles that cause too much pollution. With this in mind, the State took note of incentive schemes in operation in neighbouring countries, especially in France. It also demonstrated a more proactive policy, modifying these policies to suit the needs of Monaco – a step that continues to favour electric technology.

In this new scheme, subsidies for electric vehicles are still 30% of the purchase price including all taxes, with a ceiling of 9,000 Euros. There is a ceiling of 3,000 Euros for two-wheeled vehicles.

Electric vehicles also benefit from specific advantages, such as free recharging at the 574 charging points in public car parks, and at the fast and semi-fast charging points on public roads: at the lower end of Rue Grimaldi, on Place des Moulins and at 24 Avenue de Fontvieille (in front of the Single Buoy Mooring building). They also have their own special identification, "VE" (for véhicule électrique - electric vehicle), which offers free on-street parking in Monaco and a free annual sticker.
Subsidy scheme for electric and hybrid vehicles / Soft mobility / The Environment / Policy & Practice / Portail du Gouvernement - Monaco

In France and the Uk petrol and diesel cars will not be manufactured or imported by 2040.

-

 

[watchingfromafar]

I don’t know what all this hoopla is all about.

Every time someone farts this adds to our natural gas supply.

-

 

[Toddsterpatriot]

View attachment 282084

I'm sure you could find studies from the 80s that said peak oil "appears probable before 2000".

The folks haven't heard you yet, please email France, Germany and the rest who think otherwise~~~~
Renewable update---

Monaco—

Since 1994, the Government has been encouraging the use of clean energy vehicles in the Principality, in particular by granting purchasing subsidies. The Government wished to adapt the scale of subsidies to take account of the increased availability of hybrid versions, as this had led to the granting of subsidies to vehicles that cause too much pollution. With this in mind, the State took note of incentive schemes in operation in neighbouring countries, especially in France. It also demonstrated a more proactive policy, modifying these policies to suit the needs of Monaco – a step that continues to favour electric technology.

In this new scheme, subsidies for electric vehicles are still 30% of the purchase price including all taxes, with a ceiling of 9,000 Euros. There is a ceiling of 3,000 Euros for two-wheeled vehicles.

Electric vehicles also benefit from specific advantages, such as free recharging at the 574 charging points in public car parks, and at the fast and semi-fast charging points on public roads: at the lower end of Rue Grimaldi, on Place des Moulins and at 24 Avenue de Fontvieille (in front of the Single Buoy Mooring building). They also have their own special identification, "VE" (for véhicule électrique - electric vehicle), which offers free on-street parking in Monaco and a free annual sticker.
Subsidy scheme for electric and hybrid vehicles / Soft mobility / The Environment / Policy & Practice / Portail du Gouvernement - Monaco

In France and the Uk petrol and diesel cars will not be manufactured or imported by 2040.

-

The folks haven't heard you yet, please email France, Germany and the rest who think otherwise~~~~

They haven't heard me pointing out your bad math?

Or is there something more specific they haven't heard from me?

In France and the Uk petrol and diesel cars will not be manufactured or imported by 2040.

And all the kids will be above average.

 

[watchingfromafar]

And all the kids will be above average.

And you will be living in a rest home
living on your social security checks
-

 

[Toddsterpatriot]

And all the kids will be above average.

And you will be living in a rest home
living on your social security checks
-

Burning old tires in the backyard.

 

[watchingfromafar]

Burning old tires in the backyard.

At least you have a backyard.
I don't -

 

[westwall]

View attachment 282084

I'm sure you could find studies from the 80s that said peak oil "appears probable before 2000".

The folks haven't heard you yet, please email France, Germany and the rest who think otherwise~~~~
Renewable update---

Monaco—

Since 1994, the Government has been encouraging the use of clean energy vehicles in the Principality, in particular by granting purchasing subsidies. The Government wished to adapt the scale of subsidies to take account of the increased availability of hybrid versions, as this had led to the granting of subsidies to vehicles that cause too much pollution. With this in mind, the State took note of incentive schemes in operation in neighbouring countries, especially in France. It also demonstrated a more proactive policy, modifying these policies to suit the needs of Monaco – a step that continues to favour electric technology.

In this new scheme, subsidies for electric vehicles are still 30% of the purchase price including all taxes, with a ceiling of 9,000 Euros. There is a ceiling of 3,000 Euros for two-wheeled vehicles.

Electric vehicles also benefit from specific advantages, such as free recharging at the 574 charging points in public car parks, and at the fast and semi-fast charging points on public roads: at the lower end of Rue Grimaldi, on Place des Moulins and at 24 Avenue de Fontvieille (in front of the Single Buoy Mooring building). They also have their own special identification, "VE" (for véhicule électrique - electric vehicle), which offers free on-street parking in Monaco and a free annual sticker.
Subsidy scheme for electric and hybrid vehicles / Soft mobility / The Environment / Policy & Practice / Portail du Gouvernement - Monaco

In France and the Uk petrol and diesel cars will not be manufactured or imported by 2040.

-

Repeating the same failed claims over and over doesn't help you.

You would realize that if you could actually think foy your self!

 

[Toddsterpatriot]

View attachment 282084

I'm sure you could find studies from the 80s that said peak oil "appears probable before 2000".

The folks haven't heard you yet, please email France, Germany and the rest who think otherwise~~~~
Renewable update---

Monaco—

Since 1994, the Government has been encouraging the use of clean energy vehicles in the Principality, in particular by granting purchasing subsidies. The Government wished to adapt the scale of subsidies to take account of the increased availability of hybrid versions, as this had led to the granting of subsidies to vehicles that cause too much pollution. With this in mind, the State took note of incentive schemes in operation in neighbouring countries, especially in France. It also demonstrated a more proactive policy, modifying these policies to suit the needs of Monaco – a step that continues to favour electric technology.

In this new scheme, subsidies for electric vehicles are still 30% of the purchase price including all taxes, with a ceiling of 9,000 Euros. There is a ceiling of 3,000 Euros for two-wheeled vehicles.

Electric vehicles also benefit from specific advantages, such as free recharging at the 574 charging points in public car parks, and at the fast and semi-fast charging points on public roads: at the lower end of Rue Grimaldi, on Place des Moulins and at 24 Avenue de Fontvieille (in front of the Single Buoy Mooring building). They also have their own special identification, "VE" (for véhicule électrique - electric vehicle), which offers free on-street parking in Monaco and a free annual sticker.
Subsidy scheme for electric and hybrid vehicles / Soft mobility / The Environment / Policy & Practice / Portail du Gouvernement - Monaco

In France and the Uk petrol and diesel cars will not be manufactured or imported by 2040.

-

The folks haven't heard you yet, please email France, Germany and the rest who think otherwise~~~~

They haven't heard me pointing out your bad math?

Or is there something more specific they haven't heard from me?

In France and the Uk petrol and diesel cars will not be manufactured or imported by 2040.

And all the kids will be above average.

The folks haven't heard you yet, please email France, Germany and the rest who think otherwise~~~

Think otherwise than what?

 

[watchingfromafar]

You would realize that if you could actually think foy your self!

Besides thinking for myself, I have a computer with access to Google which gives me access to a world wide stream of data which far exceeds my own limited view of the world around me.

-

 

[watchingfromafar]

Think otherwise than what?

If you have forgotten what forum this is and are here just to post whatever then there isn't much left for you and I to talk about.
-

 

[Rigby5]

There are a lot of folks who believe "the end of oil is near" is an old stale myth but at least remember that there will be a point when this will be true; this you cannot deny.
Even the illiterate has a right to be ignorant. I know the data below will be difficult for you to understand so please ask a friend to explain it to you.

It is expected that by the year 2035, demand will reach 110.3 million barrels a day. Companies eventually will start to transition to alternative forms of energy and will be interesting to see what the future holds for renewable energy.
Which countries have the biggest oil reserves?

A 2013 study concluded that peak oil "appears probable before 2030", and that there was a "significant risk" that it would occur before 2020
Peak oil - Wikipedia

When the price of gasoline rises, people naturally buy less of it; the amount of this reduction being determined by the amount of the price increase and the consumer's elasticity of demand for gasoline. This does not necessarily mean that people will drive less (though it is likely), it may mean that consumers trade in their SUVs for smaller cars, hybrid vehicles, electric cars or cars that run on alternative fuels.
Will the World Ever Run Out of Oil?

Countries With The Largest Proven Oil Reserves
Rank Country Reserves (millions of barrels), 2017 US EIA
1 Venezuela 300,878
2 Saudi Arabia 266,455
3 Canada 169,709
4 Iran 158,400
5 Iraq 142,503
6 Kuwait 101,500
7 United Arab Emirates 97,800
8 Russia 80,000
9 Libya 48,363
10 United States 39,230
11 Nigeria 37,062
12 Kazakhstan 30,000
13 China 25,620
14 Qatar 25,244
15 Brazil 12,999
16 Algeria 12,200
17 Angola 8,273
18 Ecuador 8,273
19 Mexico 7,640
20 Azerbaijan 7,000
---------------------------
TOTAL 1,609,149 million proven barrels
The World’s Largest Oil Reserves By Country

It is expected that by the year 2035, demand will reach 110.3 million barrels a day or 40,259 a year
1609149/40259 = 40+/- years left

The Truth Will Set You Free

.,,.,.,.,,,,,,,,,,,,,,,,,,,……………………………

It is expected that by the year 2035, demand will reach 110.3 million barrels a day. Companies eventually will start to transition to alternative forms of energy and will be interesting to see what the future holds for renewable energy.
Which countries have the biggest oil reserves?

A 2013 study concluded that peak oil "appears probable before 2030", and that there was a "significant risk" that it would occur before 2020
Peak oil - Wikipedia

When the price of gasoline rises, people naturally buy less of it; the amount of this reduction being determined by the amount of the price increase and the consumer's elasticity of demand for gasoline. This does not necessarily mean that people will drive less (though it is likely), it may mean that consumers trade in their SUVs for smaller cars, hybrid vehicles, electric cars or cars that run on alternative fuels.
Will the World Ever Run Out of Oil?

The experts all agree the peak was around 1999, and we have less than half left now.
It takes over 100 million years to make new oil.
It has to be from an old ocean bottom that gets covered over.
We are never going to be able to harvest most of the oil that is left, because it is too deep down in the ocean and the pressures are to high.
we have 20 to 50 years worth lett, and that is it.
Switching to smaller cars won't help much because that will only be going from 20 mpg to 30 mpg.
And the SUVs that can do that switch are a minority even now.
Most people already have switched.

Much of the chart is misleading.
For example most of the oil and Canada and Venezuela is tar sands, which are expensive and high water use to steam out. They are not very accessible.

 

[Rigby5]

View attachment 282084

I'm sure you could find studies from the 80s that said peak oil "appears probable before 2000".

The folks haven't heard you yet, please email France, Germany and the rest who think otherwise~~~~
Renewable update---

Monaco—

Since 1994, the Government has been encouraging the use of clean energy vehicles in the Principality, in particular by granting purchasing subsidies. The Government wished to adapt the scale of subsidies to take account of the increased availability of hybrid versions, as this had led to the granting of subsidies to vehicles that cause too much pollution. With this in mind, the State took note of incentive schemes in operation in neighbouring countries, especially in France. It also demonstrated a more proactive policy, modifying these policies to suit the needs of Monaco – a step that continues to favour electric technology.

In this new scheme, subsidies for electric vehicles are still 30% of the purchase price including all taxes, with a ceiling of 9,000 Euros. There is a ceiling of 3,000 Euros for two-wheeled vehicles.

Electric vehicles also benefit from specific advantages, such as free recharging at the 574 charging points in public car parks, and at the fast and semi-fast charging points on public roads: at the lower end of Rue Grimaldi, on Place des Moulins and at 24 Avenue de Fontvieille (in front of the Single Buoy Mooring building). They also have their own special identification, "VE" (for véhicule électrique - electric vehicle), which offers free on-street parking in Monaco and a free annual sticker.
Subsidy scheme for electric and hybrid vehicles / Soft mobility / The Environment / Policy & Practice / Portail du Gouvernement - Monaco

In France and the Uk petrol and diesel cars will not be manufactured or imported by 2040.

-

Electric vehicles actually pollute more than diesels.
That is because coal is still the number one source of electricity in most places, and it has more emissions.
Also generating, transmitting, storing, retrieving, and converting electricity back into kinetic energy is very inefficient.
Batteries weigh a lot.

 

[watchingfromafar]

Batteries weigh a lot.

So does a full tank of gasoline
I envision you drive up to a filling station over an exchanger unit. The unit reaches up, removes your discharged battery and replaces it with a charged one.

The process will take less time than it took to fill a standard gas tank.

You will get about 200-300 miles on your charged battery.

Or so I envision it -