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FarCenter

(19,429 posts)

8. There's not enough oil in the ground that can be extracted economically

Reply to Uncle Joe (Reply #1)

Thu May 24, 2012, 10:09 PM

May 2012

Sure, there are outlandish projections of "oil" reserves. But lots of those oils are bitumen, tar sands, oil-bearing shales, and "oil shale" containing kerogen, which is not actually an oil.

The amount of energy, material, and cost to get barrels out keeps going up, and economies will cut back sharply on consumption as the prices rise.

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With only 20yr of commercial oil left, does it matter who the next 2 Presidents are? [View all] CK_John May 2012 OP

I believe it does matter, there is still enough oil in the ground to Uncle Joe May 2012 #1

There's not enough oil in the ground that can be extracted economically FarCenter May 2012 #8

Actually I don't believe we have to drill, pump and burn all of it to reach the premise of my post Uncle Joe May 2012 #9

Regardless of who is elected... Speck Tater May 2012 #2

So little time to change the world. nt CK_John May 2012 #3

If you think we are doomed then why arn't you jumping off a bridge? Odin2005 May 2012 #4

I'm not jumping off the bridge because I'm watching the show. Speck Tater May 2012 #5

Whats a Doomer? n/t Strelnikov_ May 2012 #7

Yes... because one party (Democrats) is interested in expanding other sources of energy scheming daemons May 2012 #6