Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

General Discussion

Omen78

(81 posts)

4. Over simplifying, but..

Reply to Rustynaerduwell (Original post)

Thu Mar 10, 2022, 11:42 AM

Mar 2022

I view "proven oil reserves" as low hanging fruit. It is what's **currently** the easiest/cost effective means of getting to the oil and refining. That date isn't a hard date as you may think. As technology progresses so does what is considered to be recoverable oil. Reserves change year to year if not quarterly. The US is sitting on something like a trillion barrels of shale that hasn't really been tapped into. The problem is with the current technology it cost too much to extract/refine. Hopefully as we become less oil dependent we will never tap into it.

Edit history

Please sign in to view edit histories.

29 replies

= new reply since forum marked as read

Highlight:

The earth is running out of oil. Why is this not the top story every day, all the time? [View all] Rustynaerduwell Mar 2022 OP

Surviving climate change will be the big story in 50 years. Kaleva Mar 2022 #1

And one of the other stories will be why we allowed the big oil companies, other corporations, Dustlawyer Mar 2022 #15

Some scientists believe we are already past the point of no return Kaleva Mar 2022 #18

I was a small but loud John Ludi Mar 2022 #2

Ditto Another Jackalope Mar 2022 #9

Yes...I was on there John Ludi Mar 2022 #17

Hello, old friend. Duppers Mar 2022 #19

Hey there yourself! Another Jackalope Mar 2022 #21

Denial ain't just a river in Egypt Doc Sportello Mar 2022 #3

Over simplifying, but.. Omen78 Mar 2022 #4

As I understand it, it's not the cost in money that prevents further extraction, Rustynaerduwell Mar 2022 #7

We've been running out of oil for decades. PoindexterOglethorpe Mar 2022 #5

The end of oil is a good thing, not a bad thing. lagomorph777 Mar 2022 #6

The end of oil is good if we live through the wars it's likely to cause on the way there. Hassin Bin Sober Mar 2022 #29

The subject of "Peak Oil" was a big thing here at least 10 years ago. doc03 Mar 2022 #8

Very unfortunately we are not. hunter Mar 2022 #10

My biggest COVID takeaway... Hugin Mar 2022 #11

well said. maxsolomon Mar 2022 #13

To put it simply... Hugin Mar 2022 #16

Why is this not the top story every day, all the time? Caliman73 Mar 2022 #12

Because the world won't run out of oil for 50 years at the earliest SoonerPride Mar 2022 #14

Because we were making the same claim 50 years ago Amishman Mar 2022 #20

Global warming is warming up Siberia womanofthehills Mar 2022 #24

Maybe because we won't need oil in 2072? Polybius Mar 2022 #22

The largest wind farm in the USA was constructed by Pattern Energy womanofthehills Mar 2022 #26

The sooner the better. Peak oil paranoia is destructive in the... NNadir Mar 2022 #23

because we must never forget fossil fuels effects on the environment muriel_volestrangler Mar 2022 #25

NM has higher ozone levels from all the oil drilling in southeastern NM womanofthehills Mar 2022 #27

I live in Scotland. Emrys Mar 2022 #28