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Will the world ever run out of oil?

What's on your mind?
General interest discussions, not necessarily related to depletion.

Re: Will the world ever run out of oil?

Unread postby Tanada » Sun 30 Dec 2007, 11:04:21

$this->bbcode_second_pass_quote('Greenshine', 'T')he world will never run out of oil.


This is a basically true statement because new oil is always being formed by geological processes, at a very low rate.

$this->bbcode_second_pass_quote('', 'T')he perception of "peak oil" as truth can not be proven due to the lack of information and ability to scan all the world's supply.


The reallity of PO as truth exists no matter if you choose to perceive it or not. Every mineral with a finite supply and a slow accumulation rate has a point where additional collection becomes cost prohibitive. natural resources care not a wit about your desires, pollitics or ethics. The world simply is what it is. Crude oil has peaked or is peakinging in its rate of production.
$this->bbcode_second_pass_quote('Alfred Tennyson', 'W')e are not now that strength which in old days
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One equal temper of heroic hearts,
Made weak by time and fate, but strong in will
To strive, to seek, to find, and not to yield.
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Re: Will the world ever run out of oil?

Unread postby eastbay » Sun 30 Dec 2007, 14:06:09

Greenshine... welcome to the PO board.

You're right. It'll never run out... but it will soon get mighty expensive! :) .... and the sooner the better too!
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Re: Will the world ever run out of oil?

Unread postby Twilight » Sun 30 Dec 2007, 14:17:28

Peak oil has nothing to do with "running out". It's about rate. You fail calculus. Next!
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Re: Will the world ever run out of oil?

Unread postby Kingcoal » Sun 30 Dec 2007, 14:49:54

To use a highly simplified analogy, put yourself under an airtight dome with a couple of plants. You have unlimited water and plant food but pretty quickly, carbon dioxide builds up and you find it difficult to breathe. After a while, you die because you are consuming oxygen faster than the plants are creating it.

Actually, with oil it's even worse. Oil is continuously being created, but that's only half the picture. The oil has to be trapped under a geologic formation, generally a "salt dome” and those are comparatively rare. Most of the time, the oil just percolates up to the surface and evaporates. An oil reservoir is a combination of feedstock, heat, pressure and most importantly, an airtight roof. The formation may be underneath miles of ocean water. The oil has to be under pressure to be extractable. Most of the time, you can’t even get half of it to the surface because the pressure drops. Without pressure, it doesn’t matter if you have a 6 trillion barrel reservoir, if there is no pressure it’s going to stay right where it’s at. Yes, we have plenty of oil, more than enough for a hundred years or so, we just can’t get to it without expending more energy than it will ultimately yield. That’s peak oil.
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Re: Will the world ever run out of oil?

Unread postby Blacksmith » Sun 30 Dec 2007, 23:07:48

$this->bbcode_second_pass_quote('Kingcoal', 'T')o use a highly simplified analogy, put yourself under an airtight dome with a couple of plants. You have unlimited water and plant food but pretty quickly, carbon dioxide builds up and you find it difficult to breathe. After a while, you die because you are consuming oxygen faster than the plants are creating it.

Actually, with oil it's even worse. Oil is continuously being created, but that's only half the picture. The oil has to be trapped under a geologic formation, generally a "salt dome” and those are comparatively rare. Most of the time, the oil just percolates up to the surface and evaporates. An oil reservoir is a combination of feedstock, heat, pressure and most importantly, an airtight roof. The formation may be underneath miles of ocean water. The oil has to be under pressure to be extractable. Most of the time, you can’t even get half of it to the surface because the pressure drops. Without pressure, it doesn’t matter if you have a 6 trillion barrel reservoir, if there is no pressure it’s going to stay right where it’s at. Yes, we have plenty of oil, more than enough for a hundred years or so, we just can’t get to it without expending more energy than it will ultimately yield. That’s peak oil.


Highly simplified, not geologically correct, but in essence true.
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Re: Will the world ever run out of oil?

Unread postby Twilight » Mon 31 Dec 2007, 01:21:32

What illusion is there? Demand is growing, supply is flat, prices are set at the margin, so we have $90 oil. The market reacts to shortage at one price by raising it until enough buyers are destroyed to balance with available supply. Knock-on effects can then destroy failed bidders so thoroughly that their demand does not come back when prices drop lower. They stay dead. If talking about it furthers some corporate agenda, that is my problem why?
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Re: Will the world ever run out of oil?

Unread postby AirlinePilot » Mon 31 Dec 2007, 01:57:29

Welcome! The PO boards once again embrace the delusion of denial. Keep an open mind, don't panic, and you just might learn something.

Your posts drip with denial. Your ignorance of the industry and the state it has reached with regards to oil exploration and extraction is a beacon announcing your cornucopian hopes of discovery.

Take your time and do some reading here before you lay yourself open to easy ridicule. Just a bit if sage advice.
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Re: Will the world ever run out of oil?

Unread postby Opies » Mon 31 Dec 2007, 02:06:56

The mathematical probability of a finite resource reaching a peak is 100%

There is nothing to prove. Simple as that.

Also, smells like an obvious troll.
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Re: Will the world ever run out of oil?

Unread postby TheDude » Mon 31 Dec 2007, 10:25:42

$this->bbcode_second_pass_quote('Greenshine', 'T')here exists no way of scanning the depths of all the oceans floors and the layers of Earth's crust.


For one thing most of the ocean floor is basalt. I leave it up to you to figure out why that matters. You need to read some of the elementary texts on this subject, or even the Wiki article on Petroleum, before assuming you can make anything like a broad statement about oil reserves.
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Re: Will the world ever run out of oil?

Unread postby AirlinePilot » Mon 31 Dec 2007, 13:12:25

$this->bbcode_second_pass_quote('Greenshine', 'L')ook at the tech field. The once glooming clipper chip did not happen, even on a more basic scale, Y2K didn't happen and there were other dates too that were basically null, zip, zero as doom predictions.

Look, I'm for preservation and the good of humanity.. How about you?


Y2K didn't "happen" because billions of dollars and millions of man hours were spent in a frantic effort to shore up the important databases of the worlds financial, infrastructure, and transportation/energy companies. They saw it coming and did something about it.

Now please tell me what we are doing as a planet to mitigate the decline of the lifeblood of just about everything we do in our current lives.

I'm waiting......

I am pretty sure everyone who finds this website, and others like it is here for one reason, information. Why? So they can grasp and understand the problem which appears to be mankind's greatest challenge in modern times. They come to understand and because they do care about being a part of a solution if it's at all possible.

Don't misconstrue predictions of doom and the obvious trouble we are going to face with apathy or indifference.
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Re: Will the world ever run out of oil?

Unread postby dbruning » Mon 31 Dec 2007, 13:28:09

"The only shortage of oil on our planet will be purposeful. Oil output is controlled by OPEC, gov’ts, oil tycoons."

Dang, how about we just convince those greedy money grubbers to show us how they will manage to pump forever at ever increasing levels?

How exactly will OPEC, government and tycoons continue to pump oil when it costs them more money to pump it than they generate from selling it? And takes more energy than is derived from using it?
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Re: Will the world ever run out of oil?

Unread postby Kingcoal » Mon 31 Dec 2007, 14:00:49

$this->bbcode_second_pass_quote('Blacksmith', '')$this->bbcode_second_pass_quote('Kingcoal', 'T')o use a highly simplified analogy, put yourself under an airtight dome with a couple of plants. You have unlimited water and plant food but pretty quickly, carbon dioxide builds up and you find it difficult to breathe. After a while, you die because you are consuming oxygen faster than the plants are creating it.

Actually, with oil it's even worse. Oil is continuously being created, but that's only half the picture. The oil has to be trapped under a geologic formation, generally a "salt dome” and those are comparatively rare. Most of the time, the oil just percolates up to the surface and evaporates. An oil reservoir is a combination of feedstock, heat, pressure and most importantly, an airtight roof. The formation may be underneath miles of ocean water. The oil has to be under pressure to be extractable. Most of the time, you can’t even get half of it to the surface because the pressure drops. Without pressure, it doesn’t matter if you have a 6 trillion barrel reservoir, if there is no pressure it’s going to stay right where it’s at. Yes, we have plenty of oil, more than enough for a hundred years or so, we just can’t get to it without expending more energy than it will ultimately yield. That’s peak oil.


Highly simplified, not geologically correct, but in essence true.


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Re: Will the world ever run out of oil?

Unread postby Twilight » Mon 31 Dec 2007, 14:38:30

$this->bbcode_second_pass_quote('Greenshine', 'T')his is just another conspiracy theory that the masses of professionals and generals love to talk about.

Actually, most of them would rather not be drawn on it in public.

$this->bbcode_second_pass_quote('Greenshine', '"')Peak oil believers" - What do you do to solve your issue of peak oil?

Make sure it is less my problem and more someone else's.

$this->bbcode_second_pass_quote('Greenshine', 'D')o you store gasoline at your house?

No, I'm in between cars at the moment.

$this->bbcode_second_pass_quote('Greenshine', 'D')o you carry guns to survive the looming crisis?

No, completely illegal here.

$this->bbcode_second_pass_quote('Greenshine', 'L')ook, I'm for preservation and the good of humanity.. How about you?
I'm sure the free market will sort everyone out.
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Re: Will the world ever run out of oil?

Unread postby eXpat » Mon 31 Dec 2007, 15:09:05

$this->bbcode_second_pass_quote('Greenshine', '.').. Sounded interesting but my inner feeling after the 3 hours told me that there is no shortage of oil.


That's ok, if you inner feeling told you that everything will fine, go, get yourself a huge loan, an SUV and a plasma TV...You know you want it...
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Re: Will the world ever run out of oil?

Unread postby Blacksmith » Mon 31 Dec 2007, 16:16:43

Elements of Petroleum Geology, by Richard C. Selley
ISBN-10: 0126363706
ISBN-13: 978-0126363708

Nontechnical Guide to Petroleum Geology, Exploration, Drilling and Production by Norman J. Hyne, Norman J. Ph.d Hyne
ISBN-10: 087814823X
ISBN-13: 978-0878148233

Petroleum Geoscience by Jon Gluyas, Richard Swarbrick
ISBN-10: 0632037679
ISBN-13: 978-0632037674

Introduction to Petroleum Exploration for Non-Geologists by Robert Stoneley
ISBN-10: 0198548567
ISBN-13: 978-0198548560

Introduction to Petroleum Geology by George Douglas Hobson
ISBN-10: 0872013995
ISBN-13: 978-0872013995

Practical Petroleum Geology by Jeff Morris
ISBN-10: 0886980976
ISBN-13: 978-0886980979

Petroleum Geochemistry and Geology by John Hunt
ISBN-10: 0716724413
ISBN-13: 978-0716724414

Principles of Petroleum Development Geology by Robert C. Laudon
ISBN-10: 0136494684
ISBN-13: 978-0136494683

Problems of Petroleum Migration (AAPG Studies in Geology) W. H. Roberts, Robert James Cordell (editors)
ISBN-10: 0891810145
ISBN-13: 978-0891810148

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