"Peak Oil" they used to call it. Lots written about to collapse of everything after Peak Oil. Been predicted since at least 1970's.
Now we need to run out for our own good.
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"Peak Oil" they used to call it. Lots written about to collapse of everything after Peak Oil. Been predicted since at least 1970's.
Now we need to run out for our own good.
They've been saying this for 50 years at least.
There was 50 years worth of oil left 20 years ago too
I heard the same thing 30 years ago.
There are still unproven reserves waiting to be discovered.
I believe prices will increase dramatically long before we actually run out. Any non-critical usage of plastics and petroleum products will be phased out for economic forces if nothing else.
I remember when they said there were 30 years left in the '90s.
Yeah, not trying to poke holes, but I was hearing "less than 50 years left" when I was in school in the 2000s. I do remember seeing a post here and there about new oil reservoirs being discovered but never any follow up. So I suppose that could be stretching things out. But oil use certainly hasn't decreased in the last 25 years.
I wish this was true so that there would be a hard limit to within this century, on how much ff related damage we will do.
Unfortunately, they are still finding more, particularly in the north. How much yet-to-be-proven oil still out there is what really should be considered along with technology improvements that increase how much oil can be effectively recovered.
Not to mention the vast reserves known to be in Antarctica.
That treaty is only going to last so long before people start getting desperate and start fighting over it.
Oooh I didn't think about that... I'll update the post
The reason for the 50 years of oil, as I heard it explained, is that this is how far ahead the oil companies plan. They look for enough oil to cover the timeframe they plan for. When they have that covered, they don't look, until they need more. When they need more, they go and find it.
I'll be 91. I'm sure I'll have bigger problems by that point.
......such as having been dead for the past 49 years!
What's the implication? Invest in oil barrels?
No, I think quite the opposite. I learned this recently and I was quite surprised no one ever uses this as one of the arguments for renewable sources of energy.
Because why invest in an industry that is basically declining and wouldn't be around after 50-60 years.
People have been using this as an argument for renewables since what? The 70s oil crisis? As new ways to access hydrocarbons got discovered the horrified realization was that there are plenty of reasons to bail on those faster than they run out, unfortunately. The issue isn't that we'll run out, it's the amount of damage we'll cause until that point.
And also, it'll take much longer to run out, but others have mentioned that already.
This thread is interesting to me mostly as a periodic reminder that culture wars have shorter memories than one would think. People forget hotly contested issues and the public opinion battle lines around them at a horrifying pace. You'd think it has to do with old people dying and new people growing up, but it's a lot faster than that.
It's because it isn't true. We don't go looking unless it's needed.
It's ok, there isn't 50 years of world left.
Every human ever has believed this. Christians have believed they're the last generation for 2,000 years now
Of human-habitable world, you mean.
Imagine if the dinosaurs had newspapers back then: "THE WORLD IS ENDING!!" And mammals be like "lol"