“Ten years from now, world capacity to produce oil could be 20 percent higher than today,” said Daniel Yergin, chairman of Cambridge Energy Research Associates.
AirlinePilot wrote:I have two words for you.. Export land It's going to possibly double the predicted decline rates. Not very good news at all.
lorenzo wrote:Seriously, can anyone in here seriously believe that the international energy think tanks and the oil exporting countries and OPEC and governments from large oil importing countries, have overlooked this most basic of facts in their projections? I really can't.
In any case, if they haven't and the projections for oil export capacity must be revised downwards, then that's great news for all of us who can't wait to begin to decarbonise the energy sector and to clean up the atmosphere. I feel it ever more clearly: the Beginning is So Near!!
Neither can I! It's just stunning...lorenzo wrote:Seriously, can anyone in here seriously believe that the international energy think tanks and the oil exporting countries and OPEC and governments from large oil importing countries, have overlooked this most basic of facts in their projections? I really can't.
That's right - a corn stalk in every tank!In any case, if they haven't and the projections for oil export capacity must be revised downwards, then that's great news for all of us who can't wait to begin to decarbonise the energy sector and to clean up the atmosphere.
• Ethanol - Ethanol accounted for 2% of 2006 "total liquids" oil production. Its BTU contribution is about 70% of that of gasoline, so the sliver would be even smaller, if it were on a BTU content basis. To produce this tiny sliver of ethanol required 20% of the US corn crop, plus a large amount of fossil fuels and fresh water.
I feel it ever more clearly: the Beginning is So Near!!
I used to have this "naive" notion that poor countries didn't have traffic congestion because people couldn't afford cars and therefore everybody rode bicycles.pstarr wrote:DantesPeak That is Mexico City. It is poor. we are truly FUBAR
“I don’t worry about the climate or shortages of oil in the world,” Mr. Guerrero said. “I just worry if gasoline prices go up.”
pup55 wrote:I think if Ahmadinejad was smart, he would openly state it. He would come to the UN, and say, "you think we are a bunch of crazy people, but my population is 75 million and we need the oil. We will become a net importer of oil by 2012, and in this five year period we need to have nuclear power as a clean alternative."
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