The pot will run dry one day (if humanity doesn't blow each other up first), but that won't happen for a long time. There is hope in the future from hydrogen fuel cells, solar cells, organic fuels, etc.. We will eventually HAVE to find alternates.
Best answer?
2006-09-07 17:10:08
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answer #1
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answered by Brendan R 4
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Most studies vary on the amount of oil left. Some argue that we have used over half of the total oil and others say we have more than 50 years of oil left.
Picture us climbing a mountain. we are probably still not at the peak but everyday we get closer. When we get to the top we can't stop...we'll keep going down. Less oil = more $$$....
Now, there are many other sources green energy..Fuel Cell, Hybrid electric, wind, solar, etc. those will become more popular over the next 5 years as long as oil is 60 plus dollars. So slowly, oil will be replaced and we'll find new sources....
Ski
2006-09-07 17:13:00
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answer #2
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answered by Ski 1
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At present rates of consumption and discovery of new resources, it shouldn't take more than a few decades to run dry. But hopefully we will improve our efficiencies and develop alternate energy sources or supplement fossil fuels with biofuels to extend that to many centuries.
Ski says, "Some [studies] argue that we have used over half of the total oil and others say we have more than 50 years of oil left." But these are not contradicting facts. They are both true!
We have currently used up more than half of the world's fossil fuel resources and since we have only been consuming them since about 1940 or so that's bad news. Anybody owning a 12 cylinder Mercedes or a Dodge hemi in order to get to work, pay attention and buy a more economical vehicle.
The lack of general knowledge of the simple fact that fossil fuels are not renewable is simply astonishing!!
Even more importantly is that oil is not only a fuel. Plastics are made from oil and oil by products. How many things in your immediate vicinity are NOT made of plastic?
2006-09-07 21:25:39
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answer #3
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answered by TrickMeNicely 4
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i assume the wish is that with the help of the time the oil runs out we will produce different kinds of means generating sufficient to carry the slack. I heard that they have got those days discovered there to be a lot less oil left than they idea there replaced into yet that 5 365 days ingredient, i have in no way heard that and if it replaced into authentic i do imagine the cost of oil might want to be even larger than that's now.
2016-11-25 20:06:34
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answer #4
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answered by Anonymous
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Business is working on ways to make you pay for hydrogen derived form water or force manufactures of automobiles to make battery's so they have to be charged at their station locations.
Some of the middle east countries will peter out in 10 yrs to 50 years.It's very doubtful Saudi Arabia will have enough oil for itself with in 50 yrs, and the rest will fall first.
Its Possible that Russia, America, and Canada Will be the last oil producing countries. due to their capping their own oil wells.
without a doubt there will be many ways to replace oil, but the trick is finding ways to make the used pay big business big buck for it. Until some small country says" hell with it and begins selling electric auto that charge themselves as they run" electrical cars will never replace oil not until it is no more. The technology is there now but held back.
Wind power, tide power, and river power can supply every need for energy world wide in homes, and businesses, and schools but big business will bleed us to the last drop.
My Toyota has a 115 volt outlet which is the same strength needed to charge a battery driven electric car over night. so why isn't';t it used on the electric cars to charge as they move.
money is the answer.
There are plants going up everywhere to produce fuel from corn, soy, trash, ect, but the big huddle is keep the price at current gasoline prices rather than lower.
2006-09-07 18:49:56
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answer #5
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answered by Anonymous
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Crude oil might last for another 40 years. After which we will have to look for energy sources like Solar, wind, Biogas etc.If we go easy on our usage now maybe we can prolong the usage for some more time, but then we will have to find other alternative sources of energy.
2006-09-08 22:27:25
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answer #6
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answered by lakshmy r 1
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We need to pursue existing CTL/GTL technologies here in the US and take the price of oil down to pre-1974 values. WE can do this using Coal to Liquid technologies with existing supply chains in the US.
It's high to eliminate politically unstable regions from our supply chain. Drying up their money supply will dry them up.
Fighting war sometimes means re-thinking how we go about things.. We don't have to shoot someone to win a war, but we can remove their supply of money by not buying anything from them. In the process we can become energy independent.
http://www.glennbeck.com/2006ads/2006harrison_barna.pdf
http://www.glennbeck.com/2006ads/jbluctl.pdf
http://www.glennbeck.com/2006ads/Consumers%20Transportation%20and%20Energy%20Sec urity%20v%206-20%20_2_.pdf
http://www.rentechinc.com/
http://www.rentechinc.com/process-the-ft-process.htm
2006-09-11 07:30:27
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answer #7
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answered by Anonymous
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Crude oil is unique in that it is derived from organic matter (dead animals and plants) which is not devoured by other animals and is not subject to decay by micro organisms, usually because the matter died and settled under water. (When the matter is subject to natural decay, it is reduced o other forms, such as methane (natural gas). This is why most oil is found either under water in the ocean or along the edge of what was once an ancient swamp or ocean.
So, new crude oil is always being created. The problem is 2 fold: Since the only discovered life in the universe is on earth, earth is the only source of crude oil. The 2nd is that it takes a VERY long time to create crude oil. We afre using crude oil far faster than it is being created naturally.
The size of the current reserve is a difficult question. A lot of countries in the middle east do not post reliable numbers as to what their reserves are (the amount of crude they estimate they still have underground) (it is actually a crime in Saudi Arabia for anyone in the know to release this information - it is a closely held secret of the Saudi royal family). A lot of potential fields have not been explored. A lot of the oil is in places that are very hard and expensive to reach (such as deep in the middle of the ocean). In addition, there is a question as to what economic value to use - there is still a lot of crude oil in closed fields, but what remains is in small amounts that would be very expensive to reach. There is also the unknown economics of technology - most recent additions to the US production have come from technological innovations making it profitable to extract crude from deeper and deeper regions of the oceans - it is hard to predict what the economic limits of technology will be.
All off this being said, it is estimated that we have 20 to 30 years of relatively cheap crude oil. There will still be some left after that, but it is expected to be very expensive.
Tere are other sources awaiting the day when it becomes economically feasible to use. The most common are shale oil and oil sand. Both of these are very expensive to use.
There is a lot of shale rock in the US which can be processed to produce a low grade crude for fuel. This is an interesting process - they drill lots of holes all over the field and burn the shale while it is still underground. The front of the burn and the temperature is controlled by regulating how much air is allowed into the oil shale. As the firefront burns its way up thru the shale, the oil is released where it falls to the bedrock below. This oil is collected by wells surrounding the burn area. A cool aspect of this is that all the pollutants are trapped underground in the bedrock.
Another major source is oil sand. Most of Canada has a layer of oil sand beneath the surface. This can be mined and processed to produce a low grade crude.
note: Low grade crude menas it does not produce as much gasoline per barrel as that which is typically collected. Sweet Crude refers to oil that produces a lot of gallons of gasoline per barrel.
Economics are pushing alternative sources. The first is alcohol derived from organic matter. Alcohol is a low grade fuel (producing less BTUs per gallon than gasoline) that is produced by micro organisms as they break down any organic matter - corn, sugar cane, even saw dust.
Methane is another example. methane is also produced when micro organisms break down organic matter.
Unlike crude oil, alcohol and methane can be produced from organic matter very fast (in just a few days).
There is also research into producing a low grade liquid fuel from coal.
So there are lots of alternatives. Some which are derived from the breakdown of organic material is renewable in that we can produce a lot more organic material fast. The conern is that these are more expensive than crude oil. In addition, not all of these can be used for all crude oil applications - like plastic. Eventually economics will reach a point where most crude goes towards applications like plastic, and most fuel come from the other sources listed above.
There is also an argument that we should be deriving more fuel from organic material now, forced by regulations rather than waiting for economics. There are 4 reasons for this.
First, when organically derived fuels burn, they produce less greenhouse gasses and less pollution. Both organic and crude fuels produce CO2, but organic fuels produce less other greenhouse gasses - like sulfur dioxind, nitrous oxide, etc. In fact, the only by-products of alcohol is a small amount (almost no) uncombusted fuel, CO2, and water vapor. That's it - none of the other nasties. (Comapred to crude derived fuel, there is less uncombusted fuel becasue alcohol and methane burn at much lower temps).
The 2n reason is economics. Fuel derived from organic material is wholly produced in the country it is used in - there is no flow of money overseas.
The 3rd reason is reliability. This extends not only to steady daily life, it extends to concerns such as military preparedness.
The 4th is that the use of organically derived fuels, even if just used as an additive to crue fuels, decrease the amount of crude based fuels needed. this has the desirable economic side effect of decreasing the demand for crude oil and thereby decreasing the cost of crude oil. Currently there is no common alternative to crude, so everyone needs it irregardless of the price. A slight decrease in usage results in a large drop in price, a small increase in usage results in a large increase in price, so decreasing the demand for crude by just a few percent would be expected to have a huge impact on the price.
2006-09-07 17:46:44
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answer #8
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answered by schester3 3
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don't worry yar US will wait untill the crude of gulf gets over and then they'll start diggin there in their land and if that too gots over they'll dig in MARS ok
2006-09-09 05:48:37
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answer #9
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answered by Arshat 2
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they r planning to get these nonrenewable materials from objects in outer space like asteroids etc
yessss i am not joking really nasa has even planned such thing
2006-09-07 17:07:36
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answer #10
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answered by might 3
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