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Reply #13: All the Oil guys agree, even the "doomsday/dieoff" ones, that [View All]

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BlueEyedSon Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jan-13-05 05:49 PM
Response to Reply #8
13. All the Oil guys agree, even the "doomsday/dieoff" ones, that
we will NEVER RUN OUT OF OIL.

The proof is elementary. When it takes more than 1 barrel-of-oil-worth of energy to pump up one barrel of oil from the ground, whatever is left will stay put... hence oil will never be completely exhausted.

(For simplicity I have ignored other economic value issues like oil for plastic, fertilizer, etc., which may make it worthwhile to pull up the oil for negative ERoEI.)
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