$this->bbcode_second_pass_quote('pstarr', '')$this->bbcode_second_pass_quote('vampyregirl', '')$this->bbcode_second_pass_quote('ian807', '[')i]Myth: We are running out of oil.
Fact: Oil resources are out there, should we choose to develop them.
Fact: Oil resource development takes time, money and energy. In some cases, it will take major technological breakthroughs (e.g. Shale oil, Bakken
http://www.usgs.gov/newsroom/article.asp?ID=1911&from=rss_home) to make extraction both cost effective and energy positive.
Fact: Some breakthroughs themselves can cause ecological disaster (e.g. nukes in tar sands:
http://peakoildebunked.blogspot.com/2005/10/126-nuke-tar-sands-2.html). Oh, and let's hope that stuff never mixes with oxygen as happened with coal here: (
http://en.wikipedia.org/wiki/Centralia,_Pennsylvania).
Fact: Real world constraints of money, time and technology make quite of bit of the worlds hydrocarbons effectively useless.
Fact: Answers are easy for children, college sophomores and anyone else who doesn't actually have to develop and implement them. The real world is *much* harder than anything you will ever encounter in school.
Of course it takes time money and energy. More now than ever before as non conventional resources such as deep water fields and tar sands are being developed. Shale oil will enter production in a few years. The Red Leaf project in Utah which uses a retorting process will probably produce marketable crude from Shale by 2011. The In Situ process in Colorado will take longer.
Answers are not always easy to come by but we can find them. I learned that in school.