Brazil's Tupi Oil Field

Let's take a little easy on this Peak Oil talk and focus more on the long term solutions...........i.e. alternatives to oil. Oil is a finite commodity as for current reaches of science so in 10 years world will have to have something substaintial to subsitute the oil.

In the mean time, find car pools to work, I think 4 can easily fit into one sedan.

Find car pools to weekly grocery and essentials shopping along with neighbours and friends.

Ride a bike to nearby runs or even walk for better health.

Find other ways of reducing the oil consumption be it in auto or indirect use like electricity and heating.

DO NOT EVER EVER EVER EVEN THINK OF CHOOSING A REPUBLICAN OR LIKE MINDED CANDIDATE FOR ANY PUBLIC OFFICE. :D
 
I garantee in 10 years oil will still be the primary energy source. In the late 70's Walter Cronkite did a special on oil and said we would run out before the end of the century. In fact proven oil reserves rose over that time. Peak oil is a theory. Oil was formed over millions of years. Do you really think it's posible we pump it all out in 100 years or so?
 
Quote from TraderZones:

Ah, Mr. Peak Oil

But if it adds 5% capacity to the world's oil for 20 years, then it will take pressure off pricing.
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he doesn't want to think like that. his mind is already made up.
 
Quote from PohPoh:

Yes...I know..and you are right...
the economic ramifications for Brazil are huge...

I was just thinking in terms of production/consumption..
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I was agreeing with ya.

Its a drop in the bucket.
 
Quote from robbie380:

he doesn't want to think like that. his mind is already made up.
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How true.

The funny thing is, as we look deeper into the continental shelf, offshore and onshore, there will likely be numerous more finds.

Mr. PEaKOilO (as his name is obviously derived) thinks alternative energy, more efficient extraction methods, future finds, and many other things are only a mirage.
 
Quote from Arnie:

I garantee in 10 years oil will still be the primary energy source. In the late 70's Walter Cronkite did a special on oil and said we would run out before the end of the century. In fact proven oil reserves rose over that time. Peak oil is a theory. Oil was formed over millions of years. Do you really think it's posible we pump it all out in 100 years or so?
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i sure think so
 
Quote from Arnie:

Oil was formed over millions of years. Do you really think it's posible we pump it all out in 100 years or so?
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Yes. :) But let's make it 200 years.*

That was one of the stupidest arguments I heard on the subject. You know, buffalos had roamed the American continent for 1000s of years, do you think we could eliminate them all?

Opps, we already did, my bad....


Peak oil is a theory.

[Yawn.] So is gravitation. :)

*Oil City is a city in Venango County, Pennsylvania noted especially in the instrumental exploration and development of the petroleum industry. After the first oil wells were drilled nearby in the 1850s, Oil City became central in the petroleum industry while hosting headquarters for the Pennzoil, Quaker State and Wolf's Head motor oil companies.
 
Tell you what. I will bet you $100 that one year from now...

1. World oil production is higher than today, and

2. Proven reserves are more than today.

You game?
 
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