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Oil All Gone In 38 Years!!!!!

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Oil All Gone In 38 Years!!!!!
Post by chuckpeterson   » Fri Jun 07, 2019 5:29 pm

chuckpeterson
Lieutenant (Junior Grade)

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I did the research; Now you help me get the word out (BEFORE IT'S TOO LATE!!!)

The World’s Largest Oil Reserves By Country
Proven oil reserves are those that have a reasonable certainty of being recoverable under existing economic and political conditions, with existing technology.
10. United States - 39,230 million barrels
9. Libya - 48,363 million barrels
8. Russia - 80,000 million barrels
7. United Arab Emirates - 97,800 million barrels
6. Kuwait - 101,500 million barrels
5. Iraq - 142,503 million barrels
4. Iran - 158,400 million barrels
3. Canada - 169,709 million barrels
2. Saudi Arabia - 266,455 million barrels
1. Venezuela - 300,878 million barrels
https://www.worldatlas.com/articles/the ... untry.html

the above adds up to---- 1,304,838 million barrels


The total worldwide oil consumption was 93 million barrels per day (bbl/day) on average in 2015 according to the International Energy Agency (IEA).
https://en.wikipedia.org/wiki/List_of_c ... onsumption

93 million a day X 356 days = 33,945 a year
1304838/33945 = 38 years then it's all gone!!!!

Help us create a future for our children NOW!!!

please
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Re: Oil All Gone In 38 Years!!!!!
Post by TFLYTSNBN   » Fri Jun 07, 2019 6:33 pm

TFLYTSNBN
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Posts: 1613
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Proven reserves is exactly what it says.

Known reserves verified to be economically recoverable.

IIRC, 38 years ago the proven reserves was less than 20 years supply and global consumption was about half the current rate.

There was much wailing and nashing of teeth, even shitting of pants.
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Re: Oil All Gone In 38 Years!!!!!
Post by Imaginos1892   » Fri Jun 07, 2019 10:00 pm

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Location: San Diego, California, USA

The fact remains that oil is a finite resource and we're burning it up at a ferocious rate. It WILL run out.

The deadline is not when the oil actually runs out, though. Already the cost of extracting that oil is rising, and will only continue to increase. Not only the cost in dollars, but the cost in energy.

Each barrel of oil yields less net energy today, because more energy is spent obtaining it, and most of that energy is generated by burning oil. Eventually it will take a barrel of oil to get a barrel of oil. Long before we reach that point, oil will no longer be a viable energy source.

We need to be using that oil to obtain new energy sources, not more oil.
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Those who do not remember history are doomed to repeat it. Those who do remember history are doomed to watch everybody else repeat it.
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Re: Oil All Gone In 38 Years!!!!!
Post by smr   » Sat Jun 08, 2019 11:13 am

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I hate stats because they can be so easily manipulated. I noticed that they did not put Israel on that list. That country is sitting on the largest oil field in the World. Why did the Trump administration approve the Israel's claim to the Golan Heights because their sitting on the largest oil field in the World. I begged, borrowed and scraped up $200,000 to invest in multiple oil companies that own the rights to drill their. Why? I know the oil and gas business. After Hurricane Harvey, I lost everything in the flood. I decided to invest to be rich and I know Oil and Gas. I have a pension that kicks in 15 years. The only downside is I could lose my entire investment due to politics/war and the depth at which the oil field is at. The depth really does not bother me but it's where the field is located and politics that scare me. I could see Russia rolling tanks in to occupy the Golan Heights and the Oil Field from Syria.
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Re: Oil All Gone In 38 Years!!!!!
Post by TFLYTSNBN   » Sat Jun 08, 2019 7:32 pm

TFLYTSNBN
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Posts: 1613
Joined: Tue Aug 07, 2018 8:58 am

Imaginos1892 wrote:The fact remains that oil is a finite resource and we're burning it up at a ferocious rate. It WILL run out.

The deadline is not when the oil actually runs out, though. Already the cost of extracting that oil is rising, and will only continue to increase. Not only the cost in dollars, but the cost in energy.

Each barrel of oil yields less net energy today, because more energy is spent obtaining it, and most of that energy is generated by burning oil. Eventually it will take a barrel of oil to get a barrel of oil. Long before we reach that point, oil will no longer be a viable energy source.

We need to be using that oil to obtain new energy sources, not more oil.
———————————
Those who do not remember history are doomed to repeat it. Those who do remember history are doomed to watch everybody else repeat it.



I absolutely agree.
That is why the US should not abandon coal so that we can use our natural gas from fraking for vehicle fuel.

We need to keep developing nuclear power with improved designs that can rely on passive cooling after shutdown. I recently read an article on a new start up by a shipyard that will offer modular nuclear power plants built on barges that are delivered fully assembled to the site. They propose using a liquid salt, Thorium fueled reactor. The most interesting feature is a freeze plug that automatically dumps the fuel into holding tanks if the reactor overheats. No emergency cooling pumps needed.

This is an excellent departure from the GE Boiling water reactors that failed so spectacularly at Fukushima. The control rods are inserted from the base of the reactor which resulted in recriticality incidents.
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Re: Oil All Gone In 38 Years!!!!!
Post by Weird Harold   » Sat Jun 08, 2019 8:00 pm

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TFLYTSNBN wrote:I absolutely agree.
That is why the US should not abandon coal so that we can use our natural gas from fraking for vehicle fuel.


The absolute worst use for fossil fuels is to burn them. Even hydrogen is destroyed by burning -- although it can be easily be replaced by electrolysis.
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Answers! I got lots of answers!

(Now if I could just find the right questions.)
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Re: Oil All Gone In 38 Years!!!!!
Post by Daryl   » Sun Jun 09, 2019 5:59 am

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I half agree.
There are many uses for fossil fuels, like as lubricants and as precursors in the plastic industry.
Not quite sure about what you mean by the hydrogen bit though. Outside of nuclear reactions matter can't be created or destroyed. So when you burn a litre of petrol the hydrogen goes from hydrocarbons to other compounds. Not destroyed, just in different compounds.
There is an interesting research project in my country at present. Using renewable energy to split water into hydrogen and oxygen. Then capture the hydrogen into ammonia, which is easier to store and transport than pure hydrogen.
Then at the other end the hydrogen is released to be used in fuel cells. You end up with an electric car that can be refueled in a couple of minutes.

Weird Harold wrote:
TFLYTSNBN wrote:I absolutely agree.
That is why the US should not abandon coal so that we can use our natural gas from fraking for vehicle fuel.


The absolute worst use for fossil fuels is to burn them. Even hydrogen is destroyed by burning -- although it can be easily be replaced by electrolysis.
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Re: Oil All Gone In 38 Years!!!!!
Post by Weird Harold   » Sun Jun 09, 2019 10:18 am

Weird Harold
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Posts: 4478
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Location: "Lost Wages", NV

Daryl wrote:I half agree.
There are many uses for fossil fuels, like as lubricants and as precursors in the plastic industry.
Not quite sure about what you mean by the hydrogen bit though. Outside of nuclear reactions matter can't be created or destroyed. So when you burn a litre of petrol the hydrogen goes from hydrocarbons to other compounds. Not destroyed, just in different compounds.


"Destroyed" == "Not recyclable"

H2 isn't precicsely "recyclable", but it is easily split back into H2+O.

FYI: Gaseous H2 will power IC engines directly with few modifications. There's no need for corrosive ammonia or expensive fuel cells.
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.
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Answers! I got lots of answers!

(Now if I could just find the right questions.)
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Re: Oil All Gone In 38 Years!!!!!
Post by chuckpeterson   » Sun Jun 09, 2019 11:00 am

chuckpeterson
Lieutenant (Junior Grade)

Posts: 39
Joined: Fri Jul 27, 2018 3:52 pm

There is one country that sees beyond tomorrow and is doing something today before tomorrow arrives---

China plans ban on petrol and diesel cars
https://www.irishtimes.com/life-and-sty ... -1.3215796

China looks at ending sales of gasoline cars
https://www.detroitnews.com/story/busin ... 105462466/

China to ban all petrol and diesel cars
https://www.independent.co.uk/news/worl ... 38726.html

China to plow $361 billion into renewable fuel by 2020 | Reuters
https://www.reuters.com/article/us-chin ... SKBN14P06P

I believe it's time for our president to declare a national emergency in order for us to make this transition; NOW
Last edited by chuckpeterson on Wed Jun 19, 2019 8:19 pm, edited 1 time in total.
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Re: Oil All Gone In 38 Years!!!!!
Post by TFLYTSNBN   » Sun Jun 09, 2019 12:02 pm

TFLYTSNBN
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Posts: 1613
Joined: Tue Aug 07, 2018 8:58 am

chuckpeterson wrote:There is one country that sees beyond tomorrow and is doing something today before tomorrow arrives---

China plans ban on petrol and diesel cars
https://www.irishtimes.com/life-and-sty ... -1.3215796

China looks at ending sales of gasoline cars
https://www.detroitnews.com/story/busin ... 105462466/

China to ban all petrol and diesel cars
https://www.independent.co.uk/news/worl ... 38726.html

China to plow $361 billion into renewable fuel by 2020 | Reuters
https://www.reuters.com/article/us-chin ... SKBN14P06P

I believe it's time for our president to declare a national emergency in order for us to make this transition; MOW



Unless China develops alternatives to fossil fuels, China is up feces stream without a propulsive device.

Natural Gas resrves:

https://www.google.com/search?q=world+n ... mDR1ciZWvM

Oil reserves:

https://www.visualcapitalist.com/map-co ... -reserves/

Coal Reserves:

https://www.theglobaleducationproject.o ... supply.php

Uranium reserves:

https://www.google.com/search?q=world+n ... OILbzYzaNM
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