tag:blogger.com,1999:blog-6745824333843276309.post6289386903573882868..comments2023-08-10T03:46:17.650-07:00Comments on Just JoeP: 36 More Days of Oil Found! WOW!JustJoePhttp://www.blogger.com/profile/02882794348703779345noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-6745824333843276309.post-3566539304727817572009-09-02T17:40:57.792-07:002009-09-02T17:40:57.792-07:00Until then, I wanna drive a 320d sometime, and you...Until then, I wanna drive a 320d sometime, and your WRX (seriously), as well as several mid engine vintage Italian horsepower behemoths. Lightem-up boys, if you've got em!JustJoePhttps://www.blogger.com/profile/02882794348703779345noreply@blogger.comtag:blogger.com,1999:blog-6745824333843276309.post-35755292260089040412009-09-02T17:36:31.707-07:002009-09-02T17:36:31.707-07:00Very ignorant and short-sighted. And it's not...Very ignorant and short-sighted. And it's not just about it only being 36 days worth of oil.<br /><br />How much energy does it take to pump oil up 35k'? <br /><br />The Earth will always have oil - 10 years from now, 100 years from now, 1000 years from now, 1,000,000 years from now. There will always be oil somewhere on the planet. Peak oil is not about whether or when the Earth runs out of oil. It's about the economics and capacity of extraction relative to demand. One day soon the demand for oil in the world will be much more than the capacity to drill, pump, and process it all. The prices will skyrocket and the cost of all fossil forms of energy will skyrocket. Once the price of energy gets high enough then it costs more to extract and process the oil than you get out of it. And even if the price doesn't kill oil, then the amount of energy to extract and process it will eventually end up being as much energy as you get from the oil itself, and then... it will all be left in the ground.<br /><br />Some of it will always be down there somewhere.KnuckleSplitterhttps://www.blogger.com/profile/08979553706592601644noreply@blogger.com