thismeintiel said:
Rath said:
killerzX said:
lol... theres a proven 100 years worth of oil left in one oil sand field in canada.
well with the optimistic predcitions of just a few decades left, that means realist means like what 1-2 decades before we run out. so that means I dont have to wait to long to laugh at the hilarious number.
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Total reserves are estimated at 250 billion barrels or so (http://www.worldenergy.org/documents/ser_2010_report_1.pdf) total consumption is about 90 million barrels a day (http://omrpublic.iea.org/) 250,000,000,000/90,000,000 = ~2770. That's a bit over seven years.
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Lol, I'll see you in 8 years, when we are still using oil like today, and yet mysteriously still have more.
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That's only oil sands, there's a lot of conventional oil out there still too. I'm not saying we're going to run out straight away - just that we're going to start having less than before. With the current rate of oil discovery compared to the current rate of oil consumption it simply isn't sustainable forever. Peak oil doesn't mean all oil is going to stop, it just means it will slowly wind down.
