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re: I talked to some Democrats tonight

Posted on 9/12/19 at 1:34 pm to
Posted by Zach
Gizmonic Institute
Member since May 2005
112602 posts
Posted on 9/12/19 at 1:34 pm to
quote:

Just looked at one study that if you assume we are half way through discovering all of earths sedimentary basins that produce oil,


This was the assumption since the 50s that = no oil by 2000. All of the assumptions were wrong. All of the studies were wrong. But your study is right? Sure.
That's why Paul Ehrlich got his arse handed to him by Julian Simon.
Google it.
Posted by BobBoucher
Member since Jan 2008
16775 posts
Posted on 9/12/19 at 2:29 pm to
quote:

This was the assumption since the 50s that = no oil by 2000. All of the assumptions were wrong. All of the studies were wrong. But your study is right? Sure. That's why Paul Ehrlich got his arse handed to him by Julian Simon.


Sure he was wrong. That was based off old technology of detection. We have found a lot more and can now extract a lot more. But That doesn’t mean the earth is producing more. Nor does that change the rate of production.

“Finite” is defined as a “fixed amount” for this conversation. I don’t think anyone would agree that oil is infinite. Even if the earth produces 90M barrels a year (which it doesn’t) - that’s finite.

If we agree oil is finite, then we acknowledge there is the potential for consumption to exceed capacity.
This post was edited on 9/12/19 at 2:30 pm
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