Yes, experts also predicted the world was to end many times now, that didn't happen.Upsetter wrote:
Every oil expert worth his salt knows the reality of oil's temporal existence. The entire industry knows this and has known it for a long time, the hubbert curve has been around since the 70's, and the only dispute is whether peak oil has already happened or will happen in the next 10-20 years. You want evidence, here it is from the horse's mouth:
But, will you even open the links, much less read them?
"experts" have been making predictions about how much oil the world has for years, they keep getting proven wrong.
1980 worldwide proven oil reserves: 645 billion barrels
1985: 670 billion barrels
1990: 1 trillion barrels
1995: 999 billion barrels
2005: 1.28 trillion barrels
2009: 1.42 trillion barrels
http://www.eia.doe.gov/pub/internationa ... serves.xls
There is a theory that oil wells replenish themselves and it has been proven on Eugene Island 330, but also
occurred in the North Sea, the Niger Delta, the Mahalcan Delta, in Indonesia, the
Trinidad Basin, the Taiwan Basin, and the Alaskan North Slope.
Here is a theory from Thomas Gold, a Cornell
University professor of astronomy, the theory “rejected the contention that oil was
formed from the remains of ancient plant and animal life that died millions of years ago.
Instead, the origin of oil was 'a-biotic'—oil did not come from the once-alive 'biotic'
materials of ancient plants and animals. Instead, Soviet scientists concluded oil should
be seen as a primordial material that the earth forms and exudes on a continual basis.
Oil was then pushed upward toward the earth’s surface by the intense pressures of the
earth’s core and the influence of the centrifugal force that the earth exerted upon the
specific gravity of oil as a fluid substance.”
But maybe he isn't worth his "salt"
If oil is truly running out and your time frame of 10-20 years is true and accurate then why is the price not climbing steady every year? In theory oil is becoming a more scarce commodity and therefore the price should rise steadily??
No, I could care less about the links, I don't have time or motivation to read 1000 page links people put up, take out the excerpts that prove your point and then give me the link, If the excerpt is valid and disproves me then I will go back and read the paper.