http://healthandenergy.com/oil_crisis.htm
http://dieoff.org/page131.htm
http://money.msn.co.uk/investing/Insight/SpecialFeatures/ActiveInvestor/Runningonempty/default.asp
http://readinglitho.co.uk/pt/oilCrisis/figuresIntro.html
Conservative estimates are closer to 200 years, but I don't beleive it.
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I'm not an actor. I just play one on TV.
http://dieoff.org/page131.htm
http://money.msn.co.uk/investing/Insight/SpecialFeatures/ActiveInvestor/Runningonempty/default.asp
Quote:
<font face="Verdana, Arial" size="2">For the first time, the globally supply situation is looking perilous. On current trends, global oil production will peak at around 80m-90m bpd in around 2015. This estimate, from the Association for the Study of Peak Oil & Gas, is pretty much in line with projections from OPEC and the International Energy Agency. With current demand at 80m bpd, and set to grow by at least 1.0m bpd a year, (Perhaps more if Chinese economic growth continues at current high rates) this will produce an energy crunch sometime in the next decade.</font>
http://readinglitho.co.uk/pt/oilCrisis/figuresIntro.html
Quote:
<font face="Verdana, Arial" size="2">The second figure, Proved Reserves, is very important. If we take the amount of oil left and divide it by the amount used each year, we should end up with a number which roughly tells us when the oil wells will dry up (known as the Reserves/Production or R/P ratio.) If you don't know already, have a guess. It's less than you'd expect. According to BP, Proved Reserves currently (2002) stand at 1047.7 Gb and an R/P of 40.6 years. Yes, that means, if everything stays the same (of which more later), we will have run out of oil in 40 years! One generation. Anybody under the age of 35 or so will have to face a future with no oil.</font>
Conservative estimates are closer to 200 years, but I don't beleive it.
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I'm not an actor. I just play one on TV.