Re: OT - Supply side increase in oil - not likely

Gil Baron wrote:

Alan Browne wrote:

It is not, perhaps, necessary to cut our use of oil, but it is
essential that we cut the rate of increase at which we consume it.
To do otherwise is to leave our descendants in an impoverished
world.

Evar D. Nering is professor emeritus of

Two things. 1. Reduction is just not going to happen. 2. Suppose the
supply is growing through exploration or does grow when the
obstacles are removed? Your POSSIBLY unwarranted assumtion of some
stable supply if wrong negates the whole calculation.

Obiously up to now it has been growing or your calculations would say
we should already have exhausted the resource.

The point is that nobody really knows.

I do agree we must find new different resources to be safe but a
prediction of when or if we will exhaust our oil is just an
unwarrented guess at best and scare tactics at worst.

Do some research into oil exploration. It is harder and harder to find and more expensive to extract. That we're running out is not scare tactics. That we're wasting it (but don't have to) is pure reality.

Waste not, want not.

Cheers,
Alan



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