Dear Keith,

My point about oil reserves, is that it does not matter if the predictions
are wrong with a few hundreds of percent, the situation is fatal as it
is. We share the opinion that, for many reasons, big efforts on bio
fuels must taken now.

Hakan


At 10:44 PM 8/4/2002 +0900, you wrote:
>womplex_oo1 wrote:
>
> >I've done several extrapolations of oil consumption using a
> >spreadsheet, and the oil reserve information provided by BP World Oil
> >Statistics website:
> >
> >http://www.bp.com/centres/energy/world_stat_rev/oil/reserves.asp
> >
> >A straight linear extrapolation of oil consumption indicates that all
> >the world's oil will run out between the years 2032-2045.  By "run
> >out" I mean every last drop of oil gone.
> >
> >Oil production does not support this linear extrapolation however.
> >Production will reach a peak sometime before these terminal years,
> >and decrease exponentially forever after, preventing anyone from ever
> >extracting all the oil.  This Hubbert Peak will have to occur
> >sometime before these dates, but the later it occurs the sharper the
> >decline in oil production.
> >
> >When do you think the Hubbert Peak will occur?
>
>There are some other extrapolations one could do. Take a range of
>issues that positively scream for judicious application of the
>precautionary principle and development of alternatives, however that
>would threaten the immediate interests of the powers-that-be; then
>calculate how long on average they manage to spend in denial, how
>long on average they manage to drag their feet, how long they get
>away with prolonged negotiations that only address part of the
>problem and propose inadequate solutions, and how long the transition
>period they manage to muscle across, add it all up, add 5, subtract
>the square root of the number you started off with, cross your heart
>and count to 13, and you have the number of decades after the point
>at which something could still have been done about it. This might
>perhaps be referred to as "Hubbert's Trough".
>
>Now isn't that young master Bush proposing to increase energy
>consumption over the next decade or two?
>
>On the other hand, when energy prices shot up in California last
>year, down went the demand. Maybe the market does indeed work
>sometimes. The Newsweek story below says Americans don't believe
>there's an energy crisis because the prices are low. Why the OECD,
>Todd, me, and a few million others keep saying US gas should cost at
>least $6 a gallon.
>
>Interesting quote in that story: 'Texaco chairman Peter Bijur once
>said that talk of failing energy supplies remind him of Cyprian, a
>Roman who warned in A.D. 250 that "the world has grown old... The
>rainfall and sun's warmth are both diminishing, the metals are nearly
>exhausted."'
>
>http://www.msnbc.com/news/732017.asp?cp1=1
>The Thirst for Oil
>
>Actually there's another extrapolation that might be useful, concerning this:
>
> >A straight linear extrapolation of oil consumption indicates that all
> >the world's oil will run out between the years 2032-2045.
>
>The Newsweek story also says this: "... it looked in 1970 as if oil
>would run out in 33 years-that is, next year. This year, the same
>calculation puts the day of reckoning in 2046."
>
>As Hakan said, survey techniques are much more accurate now. And
>that's it? We've got there, huh? No more progress, science stands
>still. In fact it's quite easy to get a handle on the rate of
>technological improvement. It's exponential, like computing power.
>Could just be you're looking at an ever-receding goalpost with
>Hubbert's Peak as well as with the final drop of oil being extracted.
>
>This is worth saying again:
>
> >One response to the $75 per bbl question above was this:
>
> >"... excellent point. We tried to stabilize the price of Gold for
> >years. Now its >200$ and mines are viable that weren't at $35/oz.
> >Plus, many commercial processes that used Gold have found
> >substitutes or ways to use less Gold. Gold-plated contacts are
> >alloyed with Nickel to extend and strengthen the microlayer of Gold.
> >Companies have arisen to reclaim Gold off e-scrap. Now, the analogy
> >is obvious. If Gold were held at $35, then none of these measures
> >would be existent. In the same way, tech-progress in energy has been
> >halted due to cheap oil. I have no doubt whatsoever that inventors
> >can come up with a way to make oil at $20-50 per barrel. So let the
> >price rise. I hope oil goes to $200 per barrel."
>
>Yup.
>
>So knock out ALL the artificial props from under US gas prices,
>charge the REAL price at the pump and everywhere else, then on top of
>that tax the hell out of it and use the taxes to promote energy
>efficiency, energy conservation, and renewable energy.
>
>And do it NOW - and not just because of Hubbert's Peak. Not even
>because of Hubbert's Peak, there are far more pressing reasons than
>that.
>
>I guess you might have to do something about your politicians first, LOL!
>
>Keith
>
>
>Biofuel at Journey to Forever:
>http://journeytoforever.org/biofuel.html
>
>Biofuels list archives:
>http://archive.nnytech.net/
>
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