At 2/28/08 09:36 PM, Noolie wrote:
So what do you guys think about peak oil? Our history teacher just went over it today in class and I think its dumb. I mean why can't we just drill deeper to get more oil? The US has enough barred oil to keep us going for like a thousand years.
Depth has nothing to do with oil reserves. Why would drilling deeper do anything? What does deeper imply, that if you drill anywhere on Earth to a great enough depth, oil will come out? It doesn't work like that.
Oil fields only occur in places where marine life existed millions of years ago (dried up lake beds, rivers, ocean shore lines).
Here are some real statistics.
The department of energy estimates the following for peak oil.
Low: 18 years
Mean: 29 years
High: 39 years
Go to slide 12 of this power point for the graph and numbers.
Actually just read the entire power point ( I know you won't because you're dumb), it has plenty of accurate data that is also interesting and easy to understand.