The worlds oil supply

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iwantanewcomputer

Diamond Member
Apr 4, 2004
5,045
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there's enough expensive oil(sand oil etc) for over 100 years, but it will be many times the current price. we also have enough coal for 400 or so years
 

dkozloski

Diamond Member
Oct 9, 1999
3,005
0
76
There only has to be enough to last until we're out o' here. No matter what we do, the next generation is going to be unhappy with us so let them figure out there own deal.
 

vegetation

Diamond Member
Feb 21, 2001
4,270
2
0
There's a lot of untapped oil but a lot of it requires extensive new infrastruture to drill. China is also using exponentially more oil than all of the equations done in the 80s and 90s never accounted for. So it's difficult to say. But the outlook for consumer's pocketbook on oil is not very good.
 

Shenkoa

Golden Member
Jul 27, 2004
1,707
0
0
Maybe there is plenty of Oil, and the only reason gas prices continue to rise is so that we can pay for the "war on terrorism"

Just a thought.
 

Calin

Diamond Member
Apr 9, 2001
3,112
0
0
Originally posted by: The Boston Dangler
Despite the original question posed here, I think the more pressing issue is alternate energy sources regardless of the available amount of current sources. Traditional energy sources are proving to have unintended consequences that the world's population must live with.

Oil- Most US power comes from oil. costly due to high demand, efficient energy source, potentially very clean except for CO2 emissions, easy to transport, unburnt oil is an enviromental disaster, harvesting is moderately difficult.

Coal- Not very common for large scale power any more, very dirty, not very efficient, moderately costly to transport, inexpensive, entirely domestic

Nuclear (Fission)- Not very common, very efficient energy source, extremely expensive, long term storage (1000's of years) and safety issues abound, very costly and difficult to harvest and process, mostly imported from central Africa with domestic reserves, no new plants have been ordered since 1973 (Three Mile Island, PA)

Hydroelectric- not common but provides large amounts of power (Niagra Falls, TVA, Hoover), moderate to high cost, non-polluting but altered water flow has many enviromental issues

Solar and Wind- not common, very low energy production, very high cost for power delivered, extremely clean, as reliable as the weather

Liquified/Compressed Natural Gas- not common, very clean except for CO2, decent energy output, easy but dangerous to transport and store, often harvested near oil, can be derived from oil

Liquified/Compressed Petroleum Gas- similar to natural gas

Geothermal- Iceland is the only country I'm aware of that is able to use this with current technology, extremely clean, low to moderate energy output, inexpensive (for Iceland)

Ocean wave power- newcomer to the power game, used to power Johnny Walker distillery in Scotland, enviromental effects seem to be none so far, inexpensive, currently low power output, limited to coastal areas

Hydrogen Fuel Cell- in developement, intended for remote or portable power, it's greatest weakness is that it is not an actual souce of power, merely a medium- it will share strengths and weaknesses of the power's origin

Hydrogen/Helium Fusion- in early developement, potentially a panacea foir mankind, developement is mind-blowingly expensive and very slow (this may be due in part by parties protecting their interests)


Those are our current and future options. If I've missed some, please list em.

Calin, there are currently dozens of coal mine fires in Colorado. The mines were ignited either accidently or naturally. They have proven to be enviromentally disastrous. Due to large amounts of coal left by early mining tech, and a natural chimney effect, they are impossible to put out. Using water creates a steam explosion, using concrete only forces the mine fire to change directions and create a new chimney.

The very deep coal fires tends to isolate themselves (at 3000+ meters deep). Low depth coal fire - especially in mines - will find new "breather holes". I was just talking about a method to explore coal at depth where normal mining would be impossible.
I know very low depth coal fires (like in 10s of meters deep, coal that can be extracted in daylight) are almost impossible to put out.
 

DennyD

Senior member
Oct 29, 2004
224
0
0
Well when all those freak-o's in the middle east dry up all the oil and they have nothing to bargain with, they'll be nothing.
What is the other substance that is in decline? Fresh clean water. Canada has the largest supply of it in the world.
I can't wait to charge them $50 a litre for it; they made enough money from North Americans to afford it.
And we have the technology and manufacturing capacity for electric cars but government and Big Business don't want that to happen.
 

dkozloski

Diamond Member
Oct 9, 1999
3,005
0
76
At the current level of battery technology the electric car is a loser. No power for Air conditioning or heating and limited range.
 

TStep

Platinum Member
Feb 16, 2003
2,460
10
81
"And when it does hit North America it will run into a wall of refineries that are already working flat out. Not only are they at or close to capacity, but OPEC oil is harder to process, since it is more "sour" (has more sulphur content) than "sweet" crude such as West Texas intermediate."

"according to the American Petroleum Institute, U.S. refineries were still running at more than 92-per-cent capacity in March, the highest rate in the past six years. The number of U.S. refineries has fallen by more than 50 per cent since the early 1980s, and the last new refinery was built in 1976."

"The problem is that it would take at least three to five years and more than $100-million just to get the permits to build a new refinery, and then another five to 10 years and several billion dollars to actually build one."

Regardless of how many barrels of oil are brought to the table, refinery capacity will remain the problem. Quotes from this article.
 

Zebo

Elite Member
Jul 29, 2001
39,398
19
81
Whew at least it's long after I'm gone:thumbsup: I love using gas powered toys and tools.
 

TStep

Platinum Member
Feb 16, 2003
2,460
10
81
Originally posted by: Zebo
Whew at least it's long after I'm gone:thumbsup: I love using gas powered toys and tools.
Only if you build your own refinery

 

dkozloski

Diamond Member
Oct 9, 1999
3,005
0
76
That bit about the last refinery being built in 1976 is BS. We have a refinery that produces the largest share of jet fuel and diesel for the state of Alaska that went into operation in 1985.
 

0roo0roo

No Lifer
Sep 21, 2002
64,795
84
91
one heretical theory explained in the book science friction is that oil isn't a fossil fuel at all.
 

colincsl

Member
Feb 6, 2005
75
0
0
quote:
There has not been a new commercial nuclear power plant ordered in the United States since 1973 and no new refinery built in nearly 30 years.

We may be getting a fourth nuclear power plant near me soon in central New York
 

IEC

Elite Member
Super Moderator
Jun 10, 2004
14,573
5,971
136
Originally posted by: Bigsm00th
its gonna be a while. the last thread was pretty informative. someone said many reserves we know of arent being drilled yet, and there are tons left to be found researchers say. we havent even hit peak production IIRC, and when that happens, it will be a long time before we actually run out. id give it at least 100 years, maybe more.

We peaked several decades ago in oil supplies. Almost all the commercially viable oil deposits have been explored/drilled. We will run out within the next 30-60 years, perhaps even less with the rapid industrialization of China and India.

Solution:
Efficient FUSION power, NOW.
 

dkozloski

Diamond Member
Oct 9, 1999
3,005
0
76
The trouble with researching this topic is that everybody that has an opinion also has a vested interest. Whether it's the doomsday crowd, the environmentalists, the Henny Penny's, the slash and burners, hate America firster's, or whomever. Everyone tells the story in a manner to further their cause whether it makes sense or not.
 

Maximilian

Lifer
Feb 8, 2004
12,604
15
81
Yep we reached peak production in the 1980's and we are currently finding smaller new reserves of oil. The world has around 40 years of oil left, but certain countries will run out before then. Briton has 5 years of its north sea left and the USA's oil in alaska is going to run out rather soon too. So we're gonna have to buy oil in Or yea go invent fusion power. Best idea ever= COAL POWERED CARS!!
 

dkozloski

Diamond Member
Oct 9, 1999
3,005
0
76
During WWII the British ran cars on peat moss. "Mother Earth News" will sell you instructions on running your car on wood. I'm for buying peanut oil futures, taking delivery of the stuff, and run it in your diesel.
 

jagec

Lifer
Apr 30, 2004
24,442
6
81
Originally posted by: Soviet
Yep we reached peak production in the 1980's and we are currently finding smaller new reserves of oil. The world has around 40 years of oil left, but certain countries will run out before then. Briton has 5 years of its north sea left and the USA's oil in alaska is going to run out rather soon too. So we're gonna have to buy oil in Or yea go invent fusion power. Best idea ever= COAL POWERED CARS!!

Coal puts out the MOST CO2 per joule of any common fuel. Plus the radioactivity, sulfur dioxide, particulates...

coal is a TERRIBLE energy source.
 

Maximilian

Lifer
Feb 8, 2004
12,604
15
81
O dear, somones sarcasim detector isnt working today

Seriously though for cars i think the near future lies within hybrid cars, utilising electric rechargeable batteries and petrol/other fuel source. This would be great until somthing like fusion or w/e is invented.
 

dkozloski

Diamond Member
Oct 9, 1999
3,005
0
76
The problem with coal is the same as oil;not how dirty it is but how much are we willing to spend to clean it up. Stack scrubbers, bag houses, and the like take care of the emissions but how much does it all cost?
 

ahurtt

Diamond Member
Feb 1, 2001
4,283
0
0
Ok I know oil is used for many things besides just refining it into gasoline or petrol for running our cars and trucks and whatever else utilizes combustion engines. As I understand it is used in things like lubricants and plastics manufacturing as well. But isn't combustion for moving people and materials around the planet the thing that causes the most pollution and consumes the vast majority of the oil produced? To that end, how much modification to the design of modern combustion engines would be required to make them run on other, clean-burning combustible materials. Alcohol comes to mind. Doesn't it burn clean? And wouldn't it be much cheaper / easier to produce? And it doesn't seem like we'd ever have to worry about running out of it. And then maybe alcohol would have an actual use besides getting ugly people laid. Why haven't we seen more of a movement in this direction? What are the limiting factors to burning alcohol as a fuel?

Is this too off topic for this post? Should I start a separate thread to explore this?
 

dkozloski

Diamond Member
Oct 9, 1999
3,005
0
76
It requires about 50% more alcohol to provide the same energy as gasoline so current machines won't run without extensive and expensive modification. Gasohol fuels are limited to alcohol as a 10% additive and even at that level leave a lot of people stranded in cold weather. Next you have issues with methyl alcohol being extremely corrossive to existing fuel systems and prohibited by most owner's manuals. Alcohol fuels as a result are of limited benefit and more of an arguing point than a practical solution .
 

HondaF1

Member
Mar 6, 2004
179
0
0
precious oil, peopel are suffering for energy sources and cruise ships have to waste it by the gallons just to move some people across the ocean so that they can enjoy time at the sea on a swimming pool on a huge ship. Sheesh
 

DennyD

Senior member
Oct 29, 2004
224
0
0
Then you got all of those NASCAR morons racing around in circles. Yep... those suckers suck back more gas than Homer Simpson and his Duff beer. The Space Shuttle drinks a lot of the juice too, but that has practical applications (sattelites, research, etc) whereas NASCAR and other racing sports is for - and I use this term loosely - entertainment.

Wanna see cars drive fast and pass each other? Just drive on the highway.
 
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