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Ha! Poe's Law strikes again. (Edit apparently I mean Poe's Corollary instead)
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So what's the truth GD?
Fuel prices will go up when the product extraction becomes uneconomical. That has not happened yet and is not deemed to happen in the foreseeable future. At the same time technology advances and fuel usage is much more efficient, reducing the costs for the consumer.
Hellos
Waah! I don't like 4x4's! they look very uneconomical, especially the 30mpg diesel ones!
People shouldn't be allowed nice things! that's not right!
I don't actually have a clue what im talking about but now ive ranted about what I don't like I thought id ask if my reasons are viable?
I would make this post longer but my child took my tablet so the is no way I could write a long post using a *shudder* keyboard
The problem with peak oil isn't so much fuel as plastic and all the other oil-byproducts. We don't just burn the stuff you know.
besides you need them in a city due to all the bloody speed bumps.
Haha, talk about your law of unintended consequences.
I have mixed views on this. Firstly there is absolutely no proof that any new deposits are being formed or at least nothing we can detect. So by that very fact its absolutely a finite resource.
The is no definitive proof of this, the stuff they tell us in school about oil coming from fossils trapped underground for centuries isn't actually fact, just the most popular theory, but it isn't the only popular one, the is another that until the 1990's remained trapped in eastern Europe, its called abiogenic petroleum origin theory.
The abiogenic petroleum origin theory is pseudoscientific drivel. It has no credibility and no evidential support.
Selfish people are everywhere and I can't help being idealistic (naive) and thinking how much better our society would be if people stopped being egomaniacs. Anyway, I digress.
Yet it remains the number one theory in numerous countries (countries which have increased their oil production greatly in recent years), its just as credible as any other theory (as no definitive theory can be proven).
Not yet no. But it will happen.
Might I suggest you try getting your science from reputable scientific sources in future?
It has failed where it makes predictions
has no credible mechanism, fails to explain the properties and distribution of oil reserves and has no evidence for it which is not better explained by the existing theories.
Meanwhile evidence for the conventional theories continue to accumulate.
Given the known occurrence of methane and the probable catalysis of methane into higher atomic weight hydrocarbon molecules, the abiogenic hypothesis considers the following to be key observations in support;
The serpentinite synthesis, graphite synthesis and spinel catalysation models prove the process is viable.
The likelihood that abiogenic oil seeping up from the mantle is trapped beneath sediments which effectively seal mantle-tapping faults.
Mass-balance calculations for supergiant oilfields which argue that the calculated source rock could not have supplied the reservoir with the known accumulation of oil, implying deep recharge (Kudryavtsev, 1951).
The presence of hydrocarbons encapsulated in diamonds.