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There most certainly isn't. Cornucopians insist that we have enough to carry us for far longer than... well, for a long time still to come.Based on what? You might want to review this one:http://wolf.readinglitho.co.uk/subpages/hubbertmaths/hubbertmaths.html...where the Hubbert math is applied first to the United States and then to the world. Yes, folks, we don't recover all the oil that's down there, not by a long shot. The real grief comes in where the economics of the activity interact with the activity itself, limiting what ultimate reality occurs.I'm going to guess that you might be talking about drilling in the places that are currently locked out as well as oil shales. You might want to expand that thought a little bit with some specificity.
There most certainly isn't. Cornucopians insist that we have enough to carry us for far longer than... well, for a long time still to come.
Based on what? You might want to review this one:
http://wolf.readinglitho.co.uk/subpages/hubbertmaths/hubbertmaths.html
...where the Hubbert math is applied first to the United States and then to the world. Yes, folks, we don't recover all the oil that's down there, not by a long shot. The real grief comes in where the economics of the activity interact with the activity itself, limiting what ultimate reality occurs.
I'm going to guess that you might be talking about drilling in the places that are currently locked out as well as oil shales. You might want to expand that thought a little bit with some specificity.
