Originally
posted by
Mr Snow:
qzjul wears tinfoil undies.
Actually, this thread is full of fun. Locket says Venezuela has more oil than the rest of the world combined. With supposedly so much oil, it's surprising that Venezuela is producing less and less.
We're not going to wake up one day and hear someone say, 'Oh fluff, there's no more oil, we need to switch to something else.' What's really going to happen is as oil becomes more expensive, the consumers of oil will switch to the next cheapest form of energy to power things. Such as natural gas. Here's a hint: It's already happening. Look up Wesport Innovations.
Maybe when we're 'out' of oil and natural gas, the government will finally release the blueprints for the 100-mpg car, right qzjul? :P
I'm not claiming conspiracy here; merely discussing that we've hit peak; peak does not mean it all ends; peak just means supply starts to decline, and unless demand *ALSO* declines (when has demand ever declined...?) then the price will go through the roof (and be crazy volatile); the articles suggest the economy will start going, oil demand will rise, price will rise, and that will stagnate the economy, causing oil prices to drop; an oil-cycle, if you will, where attempts to restart the economy run into the oil ceiling.
Nuclear is a good option as a replacement, but only if we use breeder reactors -- and obviously that's not liquid; electric all the way.
@martian:
The biggest problem with replacing our dependence on oil is the scale, the AMOUNT, that needs to be replaced; replacing oil with straight nuclear, for example wouldn't last us too long, as we'd have to increase our nuclear generation capacity by a factor of 10, which would eat through our uranium deposits pretty quick.