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Author	Topic: [Poll: 2004.13]: Over the next 10 years will world oil reserves be enough to m...	Topic is locked Back to Topics

JT Moderator	Message Posted: Mar 22, 2004 9:12:10 PM Ignore JT Report Abuse Over the next 10 years will world oil reserves be enough to meet the demands? Yes No unsure Post your thoughts about this poll below.

Moderator

Message Posted: Mar 22, 2004 9:12:10 PM

Ignore JT Report Abuse

Over the next 10 years will world oil reserves be enough to meet the demands?
Yes
No
unsure

Post your thoughts about this poll below.

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truckdude Champion Author Twin Cities Posts:3,265 Points:1,333,820 Joined:Feb 2003	Message Posted: May 11, 2006 7:26:38 PM Ignore truckdude Report Abuse Yes
wizkids Champion Author Detroit Posts:15,297 Points:2,579,785 Joined:Dec 2005	Message Posted: May 9, 2006 12:23:22 PM Ignore wizkids Report Abuse Yes, I think there are enough reserves
TMOwens Champion Author Dayton Posts:10,284 Points:1,998,390 Joined:Feb 2006	Message Posted: May 2, 2006 12:04:35 PM Ignore TMOwens Report Abuse Yes
twowheel Champion Author Austin Posts:13,437 Points:2,890,815 Joined:Oct 2004	Message Posted: Apr 14, 2006 1:00:04 PM Ignore twowheel Report Abuse I agree with TRUCKDUDE.
truckdude Champion Author Twin Cities Posts:3,265 Points:1,333,820 Joined:Feb 2003	Message Posted: Apr 14, 2006 8:34:12 AM Ignore truckdude Report Abuse Yes
TMOwens Champion Author Dayton Posts:10,284 Points:1,998,390 Joined:Feb 2006	Message Posted: Apr 1, 2006 11:31:15 AM Ignore TMOwens Report Abuse Yes - as the price goes up demand will go down or at least level off and alternatives will come in to play.
knedwin Veteran Author Mobile Posts:277 Points:66,155 Joined:Nov 2005	Message Posted: Apr 1, 2006 7:27:58 AM Ignore knedwin Report Abuse not sure...
racie17 Sophomore Author Richmond Posts:128 Points:27,415 Joined:Mar 2006	Message Posted: Mar 20, 2006 1:53:11 PM Ignore racie17 Report Abuse unsure
njsid Rookie Author New Jersey Posts:4 Points:180 Joined:Jan 2006	Message Posted: Mar 20, 2006 12:12:11 PM Ignore njsid Report Abuse with china and other country getting more cars we will start to run out in about 10 years . that means that will start to use more then week can pump
truckdude Champion Author Twin Cities Posts:3,265 Points:1,333,820 Joined:Feb 2003	Message Posted: Mar 20, 2006 9:23:25 AM Ignore truckdude Report Abuse Yes
twowheel Champion Author Austin Posts:13,437 Points:2,890,815 Joined:Oct 2004	Message Posted: Mar 5, 2006 3:23:22 PM Ignore twowheel Report Abuse After more reflection, yes!
truckdude Champion Author Twin Cities Posts:3,265 Points:1,333,820 Joined:Feb 2003	Message Posted: Feb 24, 2006 9:52:58 AM Ignore truckdude Report Abuse Yes
shortysm22 Rookie Author Atlanta Posts:6 Points:350 Joined:Feb 2006	Message Posted: Feb 12, 2006 3:29:43 PM Ignore shortysm22 Report Abuse Yes, but it will cost more to mine for petro than the actual sale price, so companies will stop if they see no profit
CCrow Champion Author Chicago Posts:13,317 Points:2,635,635 Joined:Aug 2005	Message Posted: Feb 12, 2006 1:30:26 PM Ignore CCrow Report Abuse There will be enough to meet the demand in the next 10 years, but the continued decrease will eventually deplete the reserves within then next 20 years
twowheel Champion Author Austin Posts:13,437 Points:2,890,815 Joined:Oct 2004	Message Posted: Feb 8, 2006 1:28:19 PM Ignore twowheel Report Abuse Economics 101 states that there is enough to meet demand. The question is "At what price?"
truckdude Champion Author Twin Cities Posts:3,265 Points:1,333,820 Joined:Feb 2003	Message Posted: Jan 31, 2006 9:02:23 AM Ignore truckdude Report Abuse Yes, I think there are enough reserves
jpflyer Champion Author Austin Posts:2,008 Points:515,950 Joined:Nov 2004	Message Posted: Jan 16, 2006 7:30:25 AM Ignore jpflyer Report Abuse yes
DenverDonJuan Champion Author Denver Posts:33,198 Points:2,659,285 Joined:Oct 2005	Message Posted: Jan 15, 2006 11:54:13 PM Ignore DenverDonJuan Report Abuse They could be if known reserves are allowed to be accessed, developed and utilized. They are less likely to be enough when arbitrary and artificial restrictions are placed on limiting development of discovered reserves such as in ANWR, off-coast and sea floor sources. Increased prices will tend to lessen the amount used and therefore the amount needed. Unfortunately, the rise in price can be expected to start adversely impacting those in lower economical means with less discretionary spending funds. The more reserves kept or placed off-limits, the higher the price will get and the sooner it will come to a head. Eventually, alternative solutions will replace the need for petroleum when oil becomes "over-priced".
cincindie Champion Author Cincinnati Posts:9,784 Points:1,936,545 Joined:Mar 2004	Message Posted: Jan 14, 2006 7:22:57 AM Ignore cincindie Report Abuse There is more than enough reserves, but it may not be economical to bring it out.
DenverDonJuan Champion Author Denver Posts:33,198 Points:2,659,285 Joined:Oct 2005	Message Posted: Jan 14, 2006 2:25:09 AM Ignore DenverDonJuan Report Abuse Yes
truckdude Champion Author Twin Cities Posts:3,265 Points:1,333,820 Joined:Feb 2003	Message Posted: Jan 8, 2006 1:37:12 PM Ignore truckdude Report Abuse yes
thinkaboutit Champion Author Colorado Posts:1,071 Points:75,875 Joined:Jul 2005	Message Posted: Jan 3, 2006 9:51:20 PM Ignore thinkaboutit Report Abuse At $1.5 per gallon -- no way! At $5-10 per gallon -- perhaps. It all depends on future consumption! Reducing consumption permanently is the best way to bring down prices and assure supply, but it is too hard for many responding here and they instead make a lame-duck excuse why they can't or don't want to change. [Edited by: thinkaboutit at 1/3/2006 9:52:00 PM EST]
lemmings88 Champion Author Scranton Posts:18,160 Points:2,428,010 Joined:Mar 2005	Message Posted: Jan 2, 2006 11:10:46 AM Ignore lemmings88 Report Abuse unsure
chemist74 Champion Author Cleveland Posts:13,510 Points:2,395,980 Joined:Apr 2005	Message Posted: Jan 2, 2006 11:00:52 AM Ignore chemist74 Report Abuse Yes - but only at constantly increasing prices.
Cat 140H Champion Author Saskatchewan Posts:13,783 Points:3,419,020 Joined:Jul 2002	Message Posted: Jan 2, 2006 10:06:24 AM Ignore Cat 140H Report Abuse Yes
hotwheels52 Sophomore Author Georgia Posts:194 Points:32,070 Joined:Nov 2005	Message Posted: Dec 21, 2005 4:41:28 PM Ignore hotwheels52 Report Abuse THEY BE ENOUGH BUT AT WHAT COST.
Ekela Veteran Author Toronto Posts:252 Points:63,290 Joined:Dec 2005	Message Posted: Dec 21, 2005 3:23:23 PM Ignore Ekela Report Abuse Yes, lots of area still unexplored.
adollarsaved Rookie Author Virginia Posts:69 Points:464,335 Joined:Aug 2005	Message Posted: Dec 19, 2005 7:54:51 AM Ignore adollarsaved Report Abuse No, not without improved fuel efficiency technologies
GreenLuminaAPV Champion Author Akron Posts:3,812 Points:743,165 Joined:Apr 2005	Message Posted: Dec 19, 2005 7:49:51 AM Ignore GreenLuminaAPV Report Abuse no
truckdude Champion Author Twin Cities Posts:3,265 Points:1,333,820 Joined:Feb 2003	Message Posted: Dec 18, 2005 1:12:34 PM Ignore truckdude Report Abuse If we are careful and not waste, we should be OK
Bloodhound Champion Author Winston-Salem Posts:12,949 Points:2,436,930 Joined:Sep 2005	Message Posted: Dec 15, 2005 9:31:47 PM Ignore Bloodhound Report Abuse YES
_TheDude Champion Author Grand Rapids Posts:2,553 Points:487,515 Joined:Aug 2005	Message Posted: Aug 26, 2005 8:35:21 AM Ignore _TheDude Report Abuse nope
RaginRed Champion Author Toledo Posts:14,344 Points:2,884,070 Joined:Apr 2005	Message Posted: Aug 1, 2005 11:53:25 PM Ignore RaginRed Report Abuse YES
KrazzyKevin Champion Author Louisiana Posts:8,751 Points:1,453,455 Joined:May 2004	Message Posted: Aug 1, 2005 2:38:53 AM Ignore KrazzyKevin Report Abuse No. So say, increased foreign demand is the reason fuel prices have been rocketing it re past year.
jsornellas Champion Author California Posts:1,676 Points:237,935 Joined:May 2005	Message Posted: Jul 19, 2005 3:27:54 AM Ignore jsornellas Report Abuse unsure
FurmanFan Champion Author South Carolina Posts:7,721 Points:1,367,155 Joined:Jul 2005	Message Posted: Jul 11, 2005 2:30:09 PM Ignore FurmanFan Report Abuse I do...the question is what happens beyond that...no one really knows how long the fossil fuels we have under ground will last
chemist74 Champion Author Cleveland Posts:13,510 Points:2,395,980 Joined:Apr 2005	Message Posted: Jul 11, 2005 8:41:40 AM Ignore chemist74 Report Abuse With the growing demand in countries like China and India, the price for crude will climb until some countries are priced out of the market. Counties with oil will be able to use their reserves to exercise political power.
rmdjpd Champion Author New Jersey Posts:4,782 Points:776,575 Joined:Mar 2005	Message Posted: Jul 11, 2005 8:19:53 AM Ignore rmdjpd Report Abuse No, not even close anymore.....
furiousfowl Champion Author Riverside Posts:16,870 Points:2,752,105 Joined:May 2005	Message Posted: Jul 11, 2005 3:45:13 AM Ignore furiousfowl Report Abuse no, not with hungry china and india. those 2 countries are starting to become hungry for fossel fuels and demand for oil will jump 5 fold. and in 25 years oil will run out
TonyMontana Rookie Author Oakland Posts:84 Points:39,855 Joined:Apr 2005	Message Posted: Jul 11, 2005 3:04:27 AM Ignore TonyMontana Report Abuse Only if alternative fuel technologies or other methods are adapted to reduce consumption.
bogeygolfer Rookie Author New Mexico Posts:10 Points:439,410 Joined:May 2005	Message Posted: May 21, 2005 9:41:20 AM Ignore bogeygolfer Report Abuse At some point we will replace oil with a renewable fuel source.
RetiredMike Champion Author Las Vegas Posts:2,338 Points:1,554,290 Joined:Feb 2003	Message Posted: Mar 6, 2005 1:33:13 AM Ignore RetiredMike Report Abuse Since the 70's I have been hearing about us running out soon, and we are still squeezing it out of the ground.
stayfloopy Champion Author New Jersey Posts:6,103 Points:2,830,680 Joined:Feb 2003	Message Posted: Mar 6, 2005 1:10:22 AM Ignore stayfloopy Report Abuse Yes. But how much do you want to pay for it?
Niagas Champion Author Ontario Posts:8,455 Points:2,111,760 Joined:Apr 2003	Message Posted: Mar 6, 2005 1:07:58 AM Ignore Niagas Report Abuse Yeah, but the price will be much higher.
kc262 Sophomore Author Edmonton Posts:164 Points:1,840 Joined:Nov 2004	Message Posted: Feb 18, 2005 2:18:29 AM Ignore kc262 Report Abuse YES No Problem
phat14u Champion Author Oregon Posts:2,665 Points:700,555 Joined:Jun 2003	Message Posted: Feb 18, 2005 1:13:25 AM Ignore phat14u Report Abuse not likely.
Cptrmaker Veteran Author San Bernardino Posts:419 Points:216,315 Joined:Sep 2003	Message Posted: Feb 18, 2005 1:12:47 AM Ignore Cptrmaker Report Abuse No.
ccrb Champion Author Indianapolis Posts:9,089 Points:1,943,495 Joined:Aug 2003	Message Posted: Feb 18, 2005 1:08:29 AM Ignore ccrb Report Abuse yes. economically, when oil becomes too scarce or expensive, other fuels will be developed. Until then...
2muchagal Champion Author Tulsa Posts:23,838 Points:3,425,305 Joined:Sep 2003	Message Posted: Feb 18, 2005 1:04:40 AM Ignore 2muchagal Report Abuse Bump
RickD203 Veteran Author Connecticut Posts:412 Points:49,725 Joined:May 2004	Message Posted: Feb 17, 2005 8:49:30 PM Ignore RickD203 Report Abuse No. Many fuels being discussed as oil alternatives have a terrible Energy Production Ratio (EPR). You invest more energy than is returned. Your input is higher than your output. You lose energy! Oil alternatives are often misnamed “energy sources” when in fact they are net energy consumers. Yes we have the technology to use these alternative fuels. You could drive around on Hydrogen or biodiesel just fine. But where does all the original energy come from to manufacture these fuels in the first place? They are “bad batteries” that take more energy to “charge” than you get back out again. Even biodiesel costs more energy to produce than is returned when you measure the energy in conventional farming methods using gas based fertilizers and oil pesticides. We spray fossil fuel energy all over our biodiesel crops to make them grow in dead ground, harvest them, squeeze them, cook them up and finally end up with less energy than the original oil and gas we used to make the crops grow! We would need an amount of land the size of Africa to grow enough crops just to meet our current energy needs. We needed to make major changes in our oil use 10 years ago. Most people today believe that we have plenty of oil or that we will be able to develop an instant cure to our energy problems ten years from now. If we were producing even 50% of our energy from alternative sources, we might have enough oil in 10 years to meet our needs. Right now less than 10% comes from alternative sources. We are not doing much to increase that percentage.
scrounger Champion Author Vancouver Posts:9,778 Points:3,046,055 Joined:Mar 2003	Message Posted: Feb 14, 2005 11:52:27 PM Ignore scrounger Report Abuse yes
4x4fan Champion Author Little Rock Posts:4,933 Points:479,840 Joined:Dec 2004	Message Posted: Feb 6, 2005 12:14:42 AM Ignore 4x4fan Report Abuse Yes