SirKenin -> RE: "Mass Murder on an Un-Imaginable Scale!" (8/15/2006 5:48:08 AM)
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The first thing I found is this: http://www.spe.org/spe/jsp/basic/0,,1104_1008218_1109511,00.html Notice what it is implying. No new oil is being "developed". The reason for the "increase" in estimates is the fact that new deposits are being discovered and new technologies are being developed to extract remaining deposits from existing wells. They also do not know how much is left to be discovered. They DO know, however, that the size of several deposits were severely overestimated. The point is, though, that the resource is finite. I believe you called Me a liar on that, so you have a lot of balls asking for manners, mister. Especially when you can not even read your own links. http://news.bbc.co.uk/2/hi/business/3590137.stm quote:
Mr Hayes added that while oil supplies would eventually dry up, that point could be a century away. "If you stand back and look at it totally objectively, it took millions of years to develop each drop of oil, which we now use in seconds, so it is 100% certain that oil will one day run out," he said.
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