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Posts: 1,310 | Thanked: 820 times | Joined on Mar 2006 @ Irving, TX
#22
Originally Posted by Texrat View Post
I suspect it's possible we've been misled (intentionally or otherwise) on the concept of renewable oil. I suspect the process IS abiotic and constant. However, I still believe that even if that's true the REAL problem is one of recovery rates and practicality. Oil that replenishes slowly and/or is extremely difficult or noncost-effective to obtain might as well be nonexistent.

http://www.accesstoenergy.com/view/a...e/s76a2145.htm

http://news.softpedia.com/news/Oil-P...um-85267.shtml (a little more objective than the previous article)

That's the whole point: Oil is likely NEVER going to run out completely, but the speed it can be extracted/produced will be too slow to supply world demand. When that point (supply/demand) is reached, all bets are off.
 

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