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vincejohnson

The end of oil is around the corner; what do we do next?

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vincejohnson

The human race needs to learn how to survive in comfort without oil.

 

Ok.,,,., we have about 40 years until is all pumped out of the ground & that is a long time to make that transition. We have the time so no need to panic today; Yet!!.

 

The end of the Fossil Fuel era is upon us so what are we going to do next-?

 

Energy information Administration Official Energy Statistics from the US government

http://www.eia.doe.gov/oiaf/forecasting.html

 

The above report indicates that the US will be using primarily oil as our main energy source through 2030.

The world's total declared reserves are 1,317,400,000,000 barrels (January 2007).

http://en.wikipedia.org/wiki/Oil_reserves

 

World oil consumption 2005 is 80,290,000 barrels per day or 29,305,850,000 per year

https://www.cia.gov/library/publicat.../2174rank.html

 

Dividing annual consumption into total reserves gives us 44.9 years of oil supply at the current consumption rate.

That was eleven (11)years ago, we are not changing your habits and this spells doom for us all.

North Sea is running too dry to meet target

Wednesday July 4, 2007

http://environment.guardian.co.uk/energy/story/0,,

2117952,00.html

 

The real casus belli: peak oil

Tuesday June 26, 2007

http://www.guardian.co.uk/commentisfree/story/0,,2

111529,00.html

 

Science Panel Finds Fault With Estimates of Coal Supply

Published: June 21, 2007

http://www.nytimes.com/2007/06/21/business/21coal.

html

 

Chevron announces that they now have 11.8 years of oil left at current production levels after aquiring Unocal reserves

07/08/05

http://www.nytimes.com/2005/08/11/business/worldbu

siness/11unocal.html?pagewanted=2&adxnnl=1&

adxnnlx=1123732924-48wR07Ekayb0gi0r7b8l9Q

 

An Oil Enigma: Production Falls Even as Reserves Rise

Published: June 12, 2004

http://www.nytimes.com/2004/06/12/business/12RESE.

html?pagewanted=3&hp

 

"The decline of oil and gas will affect the world population more than climate change"

http://edition.cnn.com/2003/WORLD/europe/10/02/glo

bal.warming/'>http://edition.cnn.com/2003/WORLD/europe/10/02/glo

bal.warming/

 

In January 2001, the U.S.

Department of Energy estimated the world's supply of unexploited oil reserves the world supply of oil will be totally exhausted 35 years from now (June 2003).

http://members.aol.com/mpwright9/oil.html

 

World oil and gas 'running out'

Thursday, October 2, 2003 Posted: 1245 GMT ( 8:45 PM HKT)

http://edition.cnn.com/2003/WORLD/europe/10/02/glo

bal.warming/'>http://edition.cnn.com/2003/WORLD/europe/10/02/glo

bal.warming/

 

The Oil Crunch

Published: May 7, 2004

The question, instead, is when the trend in oil prices will turn decisively upward. That upward turn is inevitable as a growing world economy confronts a resource in limited supply. But when will it happen? Maybe it already has.

http://www.nytimes.com/2004/05/07/opinion/07KRUG.h

tml

 

Natural gas markets undergo turbulent transition as domestic production declines

Tuesday, December 16, 2003

http://www.statesman.com/business/content/auto/epa

per/editions/tuesday/business_f3edda2474a06071009b.

html

 

"Texas' oil resource is pretty well picked over," http://www.statesman.com/specialreports/content/sp

ecialreports/energy/0617oil.html'>http://www.statesman.com/specialreports/content/sp

ecialreports/energy/0617oil.html

 

Oman's Oil Yield Long in Decline, Shell Data Show

Published: April 8, 2004

http://www.nytimes.com/2004/04/08/business/08OIL.h

tml?hp

 

Half of Texas’s oil wells have dried up in the past 40 years and there are very few new ones.

http://www.statesman.com/specialreports/content/sp

ecialreports/energy/0617oil.html'>http://www.statesman.com/specialreports/content/sp

ec

Tight Oil Supply Won't Ease Soon

Published: May 16, 2004

Two dollars for a gallon of gas? Get used to it. High fuel prices are here to stay, at least for the near future, because no relief is in sight for tight oil supplies.

http://www.nytimes.com/2004/05/16/business/16OIL.h

tml?pagewanted=2&hp&adxnnl=1&adxnnlx=1 0

84724567-pWSKI+RB9bShA5oXGRQi4w

 

The end of the Fossil Fuel era is upon us so what are we going to do next-?

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