Poll
Question:
Do you think you will see the runout of oil in this lifetime? Or at least to the point it will not be sold to the public?
Option 1: yes
votes: 1
Option 2: no
votes: 15
Option 3: not sure
votes: 3
Option 4: don't care
votes: 2
Option 5: i'm a squid
votes: 1
well?
Don't think it'll run out in my life time but it may get to a point where is rationed out.
Or become to expensive to run a car or bike daily.
I know i got a push bike in the shed somewhere....
I8
It's the 33% (so far) who voted "don't care" that amaze me...
How do you "not care" when our civilization currently relies on fossil fuels for energy almost exclusively?
Is it that immaturity prevents you from questioning anything about the future? Those who do not prepare for the future choose failure. As a society, we need to develop alternatives and NOT rely on energy businesses to do so. Energy businesses have a vested interest in squashing the development of altrenatives. They have been very succesful so far.
It's not about "Running Out" of oil... It's about oil becoming so expensive that everything that requires oil becomes more and more expensive.
$120 a barrel...
$250 a barrel...
There's no need to run out.
Most of the doomsday "we're gonna run out of oil in this century" stories are linear predictions based on current production.
What many of these predictions forget is that supply and demand is in play here. As oil becomes more scarce, previously unprofitable deposits will become profitable due to rising prices.
So my "no" vote is conditional. I don't think that we will run out soon, but price and availability will suffer a little more each decade until the pressure to develop a better technology finally becomes great enough to get us moving down another fuel pathway.
On another note, seafloor methane hydrates have been estimated to contain as much as ten times the organic carbon in the worlds current oil supply, so I wouldn't worry too much about combustion becoming a thing of the past anytime soon.