Re: Are we really running out of oil?

From: anon (me_at_privacy.net)
Date: 02/15/05 

Date: Mon, 14 Feb 2005 20:52:31 -0500

"hanson" <hanson@quick.net> wrote in message
news:UYJPd.548$W%5.435@newsread3.news.pas.earthlink.net...
>> they are 90pc certain. Brinded, Shell's head of exploration and
>> production, says: "We reduced proven reserves from 164m barrels
>> to zero even though production continues and we see potential
>> for producing over one billion barrels of oil in the long term."
>> As Derek Butter says: "The simple question is 'Are the oil and
>> gas companies running out of reserves?' The answer is plainly 'no'."
>>
> [hanson]
> [1] There is no need to call on God to estimate how much fossil
> carbon there is on earth. Chemistry 101 will show that easily: From
> my post: Date: Wed, 20 May 1998 15:20:54, in sci. environment:
>
> Don't hope for fossil oil to get scarce or to run out! Not a chance.
> Ain't gonna happen. Listen. Initially, "they" say the earth had an
> anaerobic envelope:~0 % O2. Present was only (relevant) CO2 and
......
> Alas, no EARLIER than in 150'000 years from now will all the fossil
> carbon be burned.
>
and ... uh... the O2 level will be down to ~0% as well ...

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