Peak oil (1 Viewer)

[Captain Gh3y]

I'm certainly looking forward to the nuclear powered car (considering about two thirds of oil is used for transportation).

 

[Rafy]

7.30 Report: Oil supply conjecture grips industry

While the current relief from high petrol prices may be welcomed by motorists, there is a great fear it is just staving off the inevitable. The theory of peak oil suggests the planet has already used more than half the reserves and so in the near future, demand for oil will outstrip supply. But that view has been challenged by the Australian boss of ExxonMobil, who believes there has been an over-reaction to high oil prices, and that there are still enormous reserves of oil and gas. [...]

 

[banco55]

true, in a debate a few years back i argued strongly against ethanol, using Brazil as an example of how stupid it can be. The thing is we arent looking for perpetual energy here, all we need is a source of energy that will be cheaper than petrol.

Hydrogen fuel cells might work,but your same response is true because if you put about $1 of electricity into a fuel cell, you will only get say 90c of energy back out. The point is that not everyone has a coal power plant strapped to their car, so we need an efficient way to transport electricity to mobile uses.

Ethanol on its own is not the answer, and personally i beleive that alternative energy is not the way, we should be looking to secure oil reserves in the middle east to enure out civilisation survives. Its every country for himself, iam just glad in the oil wars we will be on the american side. What happens when even that oil becomes too expensive to extract though? what shall we turn to for energy?

I think you'll find one of the main reasons the US is in Iraq is to secure the oil supply. It's a great shame that a backward and barbaric country like saudia arabia has so much of the world's oil supply.

 

[HotShot]

there is plenty of oil out there: plus a there is ever growing rise in global population.. which ideally mean no space (for cars) back to the bicycles the gud old days...