Peak Oil for Real?????

Discussion in 'Economics' started by bluud, Mar 7, 2007.

Peak Oil, how real is it?

  1. Just BS.

    16 vote(s)
    27.1%

  2. It's true but no where in the near future will it take place.

    9 vote(s)
    15.3%

  3. True, and we will reach peak oil within few years, maximum 5 years.

    7 vote(s)
    11.9%

  4. It has already happened but few have come to believe this fact.

    15 vote(s)
    25.4%

  5. It is true but will have a small negetive effect on the world economy.

    1 vote(s)
    1.7%

  6. Who gives.

    4 vote(s)
    6.8%

  7. It's for real, but we will come up with alternative energy sources before oil peaks.

    7 vote(s)
    11.9%
  1. ByLoSellHi

    ByLoSellHi

    I don't want to split hairs with you, but I never said, not once, that we use 80 million barrels per day. Maybe someone else said 80 million.

    I said we currently use 68 million, based on that source I linked to, which is a 2006 June report.

    Peace.
     
    #21     Mar 11, 2007
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  2. Pekelo

    Pekelo

    With EIA data to the end of 2006 now available, here are the key figures and comparison to 2005:

    Crude Oil and Condensate: 73.5 Mb/d (down 0.2)
    Natural Gas Liquids (NGLs): 7.9 Mb/d (up 0.14)
    Other Liquids: 3.3 Mb/d (up 0.08)
    Total Liquids: 84.6 Mb/d (up an insignificant 0.02)
     
    #22     Mar 11, 2007
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  3. Schizo321

    Schizo321

    Humans wondering if fossil fuels will run out is like yeast wondering if the sugar will run out.
     
    #23     Mar 21, 2007
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