Rigby5
Diamond Member
When they say the US has 10 years worth left and Venezuela has 370, they are obviously projecting based on opinions.
They're projecting production versus reserves. Duh!
And whether that opinion is 30 years or 70 years does not matter much or is much different.
40 years more energy doesn't matter much? What an ignorant claim.
I guess that's what you're good at.
If the US only has 10 years of gas/oil left, then obviously fracking to extract it all early, when the price was low, as stupid.
Fracking it because we need it is only stupid in your "mind".
When it becomes more expensive, it will make economic sense to frack more difficult locations.
We should have imported gas and oil while the price was low, and save our gas and oil for when the price is at its maximum.
We should frack it when it makes economic sense. Which means idiots like you
won't be involved in the decision.
That is silly.
Obviously 40 years plus or minus does not matter at all.
The changes needed to adapt can't easily be done is 40 or even 100 years.
Its going to be a huge problem, and we have to start as soon as possible, to find a solution.
And no, since we have already fracked and sold most of the oil when it was cheap, there will be no way to replace it later when import oil will be much more expensive.
And no, fracking may not be a good idea at all, since it tends to easily contaminate the water table with cancer causing oil chemicals.
You can always make a profit selling oil, but while it was cheap, we should have imported oil and saved our reserves for later when more valuable.
If left to a few greedy people to decide, they won't care about what is best for the whole country.