Oil All Gone In 38 Years!!!!

[justme2]

Oil All Gone In 38 Years!!!!
I did the research; Now you help me get the word out (BEFORE IT'S TOO LATE!!!)

The World’s Largest Oil Reserves By Country
Proven oil reserves are those that have a reasonable certainty of being recoverable under existing economic and political conditions, with existing technology.
10. United States - 39,230 million barrels
9. Libya - 48,363 million barrels
8. Russia - 80,000 million barrels
7. United Arab Emirates - 97,800 million barrels
6. Kuwait - 101,500 million barrels
5. Iraq - 142,503 million barrels
4. Iran - 158,400 million barrels
3. Canada - 169,709 million barrels
2. Saudi Arabia - 266,455 million barrels
1. Venezuela - 300,878 million barrels
https://www.worldatlas.com/articles/the ... untry.html

the above adds up to---- 1,304,838 million barrels

The total worldwide oil consumption was 93 million barrels per day (bbl/day) on average in 2015 according to the International Energy Agency (IEA).
https://en.wikipedia.org/wiki/List_of_c ... onsumption
93 million a day X 356 days = 33,945 a year
1304838/33945 = 38 years all the oil will be gone!!!

Help us create a world where our children will be safe and happy

[wiploc]

[Replying to post 9 by justme2]

"Peak oil" in terms of known resources yet to be exploited are limited due to another fact: Geothermal energy that it can not compete with!

In addition, oil and gas exploration has become the easiest of games with "seismic" radiology already deployed by Norway since 1985, at least. One nation, only, in addition to USA, possibly. Not only this, but Norway also used this in conjunction with computing, first in the World.

So you see, easy oil and gas exploration and cheap, competing energy resources, The Geothermal Energy! Result: cheap oil and gas and NO peak oil because there is no particular profit to it! Oil is left in the ground, in the crust of the Earth, simply! Hah, so there!

I wonder what you think "peak oil" means.

[justme2]

So you see, easy oil and gas exploration and cheap, competing energy resources, The Geothermal Energy! Result: cheap oil and gas and NO peak oil because there is no particular profit to it! Oil is left in the ground, in the crust of the Earth, simply! Hah, so there!

More oil wells are drying up than new ones being found.
Oil depletion is the decline in oil production of a well, oil field, or geographic area.[1] The Hubbert peak theory makes predictions of production rates based on prior discovery rates and anticipated production rates. Hubbert curves predict that the production curves of non-renewing resources approximate a bell curve. Thus, according to this theory, when the peak of production is passed, production rates enter an irreversible decline.[2][3]
The United States Energy Information Administration predicted in 2006 that world consumption of oil will increase to 98.3 million barrels per day (15,630,000 m3/d) (mbd) in 2015 and 118 million barrels per day in 2030.[4] With 2009 world oil consumption at 84.4 mbd,[5] reaching the projected 2015 level of consumption would represent an average annual increase between 2009 and 2015 of 2.7% per year.
https://en.wikipedia.org/wiki/Oil_depletion

[shnarkle]

Oil All Gone In 38 Years!!!!
I did the research; Now you help me get the word out (BEFORE IT'S TOO LATE!!!)

The World’s Largest Oil Reserves By Country
Proven oil reserves are those that have a reasonable certainty of being recoverable under existing economic and political conditions, with existing technology.
10. United States - 39,230 million barrels
9. Libya - 48,363 million barrels
8. Russia - 80,000 million barrels
7. United Arab Emirates - 97,800 million barrels
6. Kuwait - 101,500 million barrels
5. Iraq - 142,503 million barrels
4. Iran - 158,400 million barrels
3. Canada - 169,709 million barrels
2. Saudi Arabia - 266,455 million barrels
1. Venezuela - 300,878 million barrels
https://www.worldatlas.com/articles/the ... untry.html

the above adds up to---- 1,304,838 million barrels

The total worldwide oil consumption was 93 million barrels per day (bbl/day) on average in 2015 according to the International Energy Agency (IEA).
https://en.wikipedia.org/wiki/List_of_c ... onsumption
93 million a day X 356 days = 33,945 a year
1304838/33945 = 38 years all the oil will be gone!!!

Help us create a world where our children will be safe and happy

When the price of oil goes up, it becomes profitable to look for more oil. When it goes up, people also buy less. Eventually it comes down again, and then there are those engines that get 100 miles per gallon I just noticed Harley Davidson came out with an electric bike. They're interest isn't in peak oil, but in attracting more people to their brand. They need more people to start buying their bikes, and people are becoming more interested in electric vehicles. The market could alleviate the problem of peak oil without us ever having to run out.

I"ve also noticed that a lot of people aren't buying cars, or even acquiring driver's licenses. When people can't afford to buy a car or a diver's license, peak oil ceases to be much of an issue.