If you assume that there are no new discoveries of oil deposits, if you
assume there are no advances in technology to extract more from current
deposits, if you assume there are no advances in technology to mine other
sources of oil (like shale), if you assume that processes that use oil
aren't made more efficient, then MAYBE those estimates would be correct.
But that's an awful lot of assumptions, and they go against the entire
history of oil production.
Keep in mind that, when adjusted for inflation, the price of oil has gone
DOWN, not up. That's hardly indicitive of a lack of supply.
J/
----- Original Message -----
From: "John W. Cooper" <jwcooper@xxxxxxxxxxxxxxxxxxxx>
To: "Eco Foundation Discussion List" <eco@xxxxxxxxxxxxxxxxxxxx>
Sent: Wednesday, January 31, 2007 10:52 AM
Subject: Re: [Eco] Recycling and P&T's Bullshit
On Jan 31, 2007, at 11:37, Jonathan Grabert wrote:
Again, we are in absolutely no danger of running out of oil for thousands
of years.
Thousands? I thought current conservative estimates were between 50 and
200 years. I'll have to look again. This will no doubt start another
thread...
:-j