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The Era of Oil Is Nearing Its End: Do You Agree?

Heisenberg 2012/08/14 22:00:00
Related Topics: Oil, America, Oil Industry
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MCCLATCHYDC.COM reports:
After nearly a decade of warnings that the world’s oil supply was running out, Americans now are hearing about technology breakthroughs that can unlock vast U.S. deposits of natural gas, help reverse a 40-year slide in domestic oil production and perhaps transform America into the next Middle East. But despite the euphoria, there’s a major problem: The looming American oil glut may simply not be enough to sate the United States and the rest of motorized humanity.
looming american oil glut simply sate united rest motorized humanity

Read More: http://www.mcclatchydc.com/2012/08/12/160930/is-th...

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  • Miss Kris 2012/09/02 20:41:09
    Yes
    Miss Kris
    But something else will come along. I'm mostly just being selfish, because I don't have the money to pay for anything else right now.
  • Sweta 2012/08/22 10:50:32
    No
    Sweta
    It will get costlier and CO2 gas will keep increasing in atmosphere. Only, rich will have access to Petrol.
  • Denny 2012/08/20 04:39:01
    No
    Denny
    Screw them. Let them drive the 120 mile range golf carts.
  • Rogue_Loner 2012/08/20 02:29:04
  • Prime Time Lime 2012/08/20 00:09:22
    Yes
    Prime Time Lime
    Oil is on it's way out,with new technologies available we will not be relying on fossil fuels entirelys.I would say it will happen in less than 10 years before oil will no longer in demand.
  • wildcat 2012/08/20 00:07:07
    No
    wildcat
    I wish it were true. I wish this country would wake up and recognize the value of Compressed Natural Gas and its advantages over oil. Maybe it will happen soon.
  • Little Angel 2012/08/20 00:05:40 (edited)
    Yes
    Little Angel
    It is time for a more safer and cleaner source of energy. Already there have
    been more use of Wind & Solar. They are expanding Solar to the extent of
    having Schools to teach installment and maintaining the Solar Systems.
    energy
  • Rock 2012/08/17 07:07:34
    No
    Rock
    I can't remember what the exact numbers are, but it's something like the U.S. has well over 150 years in untapped oil within the U.S.. It sucks now, but it's actually a great strategy to tap out the middle east before we tap out ourselves. By the time that happens there will either be many other alternative fuels or the world will be so warm that not much will be able to survive. Either way, it won't matter.
  • jackolantyrn356 2012/08/17 02:52:39
    No
    jackolantyrn356
    Only is you are a Democrtat
  • lcky9 2012/08/17 01:16:55
    No
    lcky9
    Do you know how many things besides gas are made from oil??? Modern society would END .. no cell phones..no computers.. no water bottles.. no clothes .. medicines would have a major set back.. televisions.. dvd players.. cars.. baby furniture..paved highways..ON and ON..
  • Aurora 2012/08/16 20:57:49
    No
    Aurora
    That was just the lie Obama told you.
  • mikeeonly 2012/08/16 19:44:31
    No
    mikeeonly
    they don't have enough of a back up plan yet
  • Action Bastard The II 2012/08/16 19:37:57
    No
    Action Bastard The II
    +1
    Are you high.
  • InoYamanaka 2012/08/16 19:13:34
    Yes
    InoYamanaka
    +1
    I hope so. This poor planet has taken quite a rough beating.
  • burningsnowman 2012/08/16 18:26:34
    No
    burningsnowman
    We're nowhere near that stage as a society. Even if the US dramatically stepped up natural gas production, nuclear power, and developed alternatives.. We'd still be dependent on oil for our agriculture and plastics. We need to up our game, I don't really care who creates new technologies although I don't have any confidence in our failing government being competent or motivated to do so.
  • Christopher Kirchen 2012/08/16 17:09:26
    No
    Christopher Kirchen
    I wish that were the case, but until we figure out how to make a solar-powered car battery, and lubrication for machine parts not based on oil,we will depend on it.
  • MichaelJ 2012/08/16 15:25:49
    No
    MichaelJ
    +1
    With new recovery technology such as directional drilling, it is now possible to recover a higher percentage of oil even from previously depleted oil reserviors. Oil will be our major source of energy from quite some time.
  • Dr.Kevin Urrutia 2012/08/16 15:04:13
    No
    Dr.Kevin Urrutia
    Well we can all we are not so sure but what I do know is that Obama made a law for 2015 that the new cars that car manufacturers come out with MUST DO at least 55 miles per gallon or more so even if the oil era is at its end it surely will last.
  • iamco2000 2012/08/16 14:47:26
    No
    iamco2000
    What better way for the 1% to build their own reserves than to dupe people into thinking it is though? Scare people away from it so they'll have their own reserves for decades to come while the rest of us suffer high pump prices and costly "alternative" options that they're trying to corral us into?

    Grace to you, Glory to God!
  • taylordoesntdeserve 2012/08/16 14:43:08
    Yes
    taylordoesntdeserve
    +2
    Oil doesn't last! It's smelly, dirty, and unclean for the environment when burned.
    Simply put, we have to use something other than oil eventually.
  • relic taylord... 2012/08/16 20:16:22
    relic
    +1
    Agreed, just not in our lifetimes, nor our children's nor our grandchildren's lifetimes.
  • taylord... relic 2012/08/19 20:03:12
    taylordoesntdeserve
    Which is why people don't care.
  • relic taylord... 2012/08/19 23:45:19
    relic
    When we run out, I won't be here. My Great-Grandchildren will have found a new planet before then as well.
  • taylord... relic 2012/08/20 01:29:26
    taylordoesntdeserve
    +1
    lol, uh, okay.
  • relic taylord... 2012/08/20 01:32:49
  • ElChorizon© 2012/08/16 14:34:21
    No
    ElChorizon©
    +1
    But the Obama era is nearing a end.
  • Mountai... ElChori... 2012/08/16 21:57:09
    Mountaineer
    +1
    Hopefully!
  • Laissez Faire Husker 2012/08/16 14:25:41
    No
    Laissez Faire Husker
    Due to new drilling techniques places like Kansas now have oil that can be used for more than a century.
  • David 2012/08/16 13:20:45
    No
    David
    1. Major _accessible_ oil finds all over the world--not just in the US; imagine: ISRAEL may have enough oil to swamp the Saudis!--have revealed oil (and gas--another significant issue, since it both burns cleaner than coal--for electricity production--and is now known to be available in quantities that beggar the huge oil reserves) reserves that can serve even expanded desires for the foreseeable future.
    2. The ability to economically MANUFACTURE oil ("economically" at today's oil prices) from waste products is proven technology; the only barriers to doing so are regulatory, which is strange since the waste byproducts of the most efficient and economical process are usable trace elements and pure water. *shrugs* Stupid eco-freaks don't like turning sewage into clean water and having the water treatment paid for by high-quality petro product.
    3. Alternative fuels and energy have proven to be either prohibitively expensive or unworkable so far. Solar and wind for electricity? Small scale only, as ENERGY STORAGE and "TRANSPORT are the primary barriers to usefulness, quite apart from wildlife destruction,, etc., by wind. So far, no one has come up with a storage system (batteries, etc.) to make such energy production useful on a widespread basis, and simple storage for electricity...



    1. Major _accessible_ oil finds all over the world--not just in the US; imagine: ISRAEL may have enough oil to swamp the Saudis!--have revealed oil (and gas--another significant issue, since it both burns cleaner than coal--for electricity production--and is now known to be available in quantities that beggar the huge oil reserves) reserves that can serve even expanded desires for the foreseeable future.
    2. The ability to economically MANUFACTURE oil ("economically" at today's oil prices) from waste products is proven technology; the only barriers to doing so are regulatory, which is strange since the waste byproducts of the most efficient and economical process are usable trace elements and pure water. *shrugs* Stupid eco-freaks don't like turning sewage into clean water and having the water treatment paid for by high-quality petro product.
    3. Alternative fuels and energy have proven to be either prohibitively expensive or unworkable so far. Solar and wind for electricity? Small scale only, as ENERGY STORAGE and "TRANSPORT are the primary barriers to usefulness, quite apart from wildlife destruction,, etc., by wind. So far, no one has come up with a storage system (batteries, etc.) to make such energy production useful on a widespread basis, and simple storage for electricity grid distribution is problematic as well. a.) The most efficient storage system involves pairing wind or solar electricity production with hydro-electric production (using the energy to pump a closed water system, etc.), but that adds a level of expense and begs the question of why so many hydro-electric plants are being taken offline (by removing the dams that make them possible), since hydro is about the "cleanest" generator of electricity and is not subject to the off-peak use issues that solar, and often wind, are.

    The only _real_ answer greenie weenies (when one compels or tricks a wee tad of honesty from them) have is that we "need" fewer people and everyone (except the greenie weenies, of course) must be poorer. Especially the "brown people" in "developing" countries who MUST NOT be allowed to develop their own energy resources. For the good of "Gaia" of course (since mankind is a scourge).

    *feh*
    (more)
  • chris.haynees 2012/08/16 11:36:01
    Yes
    chris.haynees
    Peak oil do some research. The problem is it will take more energy to produce oil then the oil obtains.
  • Franklin 2012/08/16 10:44:48
    No
    Franklin
    +3
    Industrial nations will be using oil for hundreds of years . Only the desire of other nations and the DNC to see this nation slow down and fail fuels the lies and myths about oil that democrats love to tell
  • USAF Vet 2012/08/16 08:13:21
    No
    USAF Vet
    +1
    Not at all. Hydrocarbon energy will be around long after every green-turd on this blog is long gone.
  • PC Gamer Name "Angry Assassin" 2012/08/16 07:58:18
    No
    PC Gamer Name "Angry Assassin"
    I'm somewhat of a believer in Abiotic Oil.
  • littlebuffalo55TBA 2012/08/16 07:19:24
    No
    littlebuffalo55TBA
    Nah....it's just that this Administration is not on the ball the Chinese and others are! Canadian Oil and Kenyan Oil to China.

    Funny then they say Romneys the guy sending JOBs to China? Huh?
  • Eh Politico 2012/08/16 06:40:25
    Yes
    Eh Politico
    +2
    “Why use up the forests which were centuries in the making and the mines which required ages to lay down, if we can get the equivalent of forest and mineral products in the annual growth of the hemp fields?”- Henry Ford
  • relic Eh Poli... 2012/08/16 20:17:34
    relic
    Was he the one who told us to burn our food supply? What a stinker he was.
  • Fef 2012/08/16 05:24:49
    No
    Fef
    +4
    Oil provides cheap energy. We should drill and refine more oil so poor people can enjoy the freedoms that the rest of America enjoys.
  • Daedalus 2012/08/16 04:54:05
    No
    Daedalus
    +1
    Solutions are available, and plenty of them.
  • Tastentier 2012/08/16 03:51:40
    Yes
    Tastentier
    As the remaining oil reserves are becoming harder to extract, the price is going to continually increase. At some point, long before we run out of oil, we will have to expend almost a barrel of oil to get a new barrel out of the ground, and oil will simply no longer be economically feasible.

    PS: Many people don't realize that we don't just use oil to power cars. Think of all the things that are made of plastic. Synthetic fiber, disposable syringes, consumer electronics casings... the list is endless. It's madness to waste this valuable and limited resource on cheap trinkets, not to mention burning oil to power vehicles.
  • Eh Poli... Tastentier 2012/08/16 04:44:32
    Eh Politico
    +2
    Regarding your PS; isn't is sad that most of the things made from oil can be made from hemp?
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