I'm not so sure there isn't enough oil to last forever. Well at least
for the foreseeable future. However, the limitations are getting it
out of the ground and refining it into the various products we use.
These are HUGE limitations at this point that we need to address
immediately by additional drilling for our own resources and new
refineries. It won't help today or tomorrow but a few years down the
In addition, there are already known deposits that previously were too
expensive to pump due to minimal return on the investment. With higher
prices on a barrel of oil, now it may be profitable to pump it out.
Also, a study done jointly by a Texas university and oil companies claims to
have used radar and found that at least one well that started pumping more
than expected appears to have flow in from beyond the penetration of the
What this says to me is, we don't know how much oil is actually there, and
neither the doomsayers nor the "oil forever" types are likely to be correct.
Give a man a match, and he is warm for a short while. Light him on fire, and
Motorsforum.com is a website by car enthusiasts for car enthusiasts. It is not affiliated with any of the car or spare part manufacturers or car dealers discussed here.
All logos and trade names are the property of their respective owners.