Re: World’s oil supply gone by 2041, study says
Posted: Thu 18 Jan 2018, 18:25:35
Just as SOME crude oil will be available for many decades. Well beyond 2041.
Rock, I don't think that's the point to this website or even to this post. We can still buy buggy whips (https://smile.amazon.com/Intrepid-International-Driving-Whip-53-Inch/dp/B000FFDVLU/ref=sr_1_9?ie=UTF8&qid=1516313753&sr=8-9&keywords=buggy+whip But I doubt that is any consolation to the horse and buggy industry of just over a century ago. (If fact I can imagine that some manufacturers made much the same argument about future whip demand that you are making about future oil demand. But that missed the larger transition going on right in front of them.)
If liquid petroleum is the lifeblood of techno-industrial society, then wouldn't a descent to 30 mm bopd mean the end of that civilization?
We may be arguing the trajectory, timing or slope of the decent. But not whether it occurs this century (and perhaps in the lifetime of the folks here).