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Page added on June 25, 2012

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How Much Oil is There in the World?

This video explores the current state of the worlds oil resources and the likely scenario of depletion. It also goes into the alternative theories of oil creation and the distortion of the oil data.



11 Comments on "How Much Oil is There in the World?"

  1. BillT on Mon, 25th Jun 2012 3:27 pm 

    Answer: Not enough and too much!

  2. SOS on Mon, 25th Jun 2012 3:47 pm 

    Abiotic oil is indeed on the front burner. The deeper they go the more they find. BPs Gulf well was pumping abiotic oil.

    Politics makes high oil prices a reality. Oil prices dont reflect true production costs, rather political cost + Production cost. Political costs are huge and are extracted by regulation, law and taxes.

    Change the politics and you will have all the oil you want. Peak oil is caused by peak politics.

  3. ian807 on Mon, 25th Jun 2012 6:10 pm 

    Abiotic oil is indeed on the front burner of penny stock scammers who will take advantage of the gullible and willfully ignorant who can’t tell the difference between fake evidence and the real thing.

    There. Fixed that for you.’

    Oh, and yes, I do work in the oil industry. Thanks. What about you?

  4. Rick on Mon, 25th Jun 2012 6:52 pm 

    SOS – wrong again.

  5. SOS on Mon, 25th Jun 2012 7:53 pm 

    Lol

  6. SOS on Mon, 25th Jun 2012 7:56 pm 

    You didn’t fix anything foe me, you fixed it for yourself. Ignorance, as I see it her is nit bliss, it misery. Peak politics causes peak oil. Your energy prices are high because of politics.

  7. SOS on Mon, 25th Jun 2012 8:24 pm 

    Interesting video.

  8. MrEnergyCzar on Mon, 25th Jun 2012 8:49 pm 

    We’ll be hearing a lot about the shale rock out west in the coming years as well as other planets with oil on them….

    MrEnergyCzar

  9. BillT on Tue, 26th Jun 2012 12:13 am 

    SOS and Kenz are both dreamers or deniers or both. They want their world to always be possible and it is not. But they have millions of companions going down that same road only to go off the cliff at the end.

    Only the hype and hope is increasing, not energy sources.

  10. SOS on Tue, 26th Jun 2012 12:26 am 

    As new, immense oil and gas resources come on line all of us have a chance to get a leg up. Politics is causing peak oil. Change peak politics and you can change peak oil. It’s political you know. There is no shortage of energy.

  11. Joseph Mathea on Tue, 26th Jun 2012 3:37 am 

    When our world finally runs out of oil…?
    That’s a huge long time! Maybe when our Sun in stage of red giant expansion consumes entirely Earth. Oil and natural gas are abundant primordial materials, not “fossil fuel”. Petroleum (oil and natural gas) comes surely from Earth’s mantle and they still in upwelling, clearly replenishing oil and gas in conventional reservoirs as proposed by scientist Thomas Gold. This refilling or recharging of reservoirs have many examples such as Eugene Island, in Gulf of Mexico, Romashkinokoye, in Russia, Prudhoe Bay, in Alaska.
    Therefore, “peak oil” is simply a myth

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