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Oil running low

Old 04-02-10, 12:53 PM
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Oil running low

How many of you believe that the world is running low on oil. (Its a pretty simple "I do" "I don't" question so please don't make this P&R.)
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Old 04-02-10, 12:57 PM
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Is the world leaking? Someone should go put a drip pan under it or something.
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Old 04-02-10, 12:58 PM
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I don't think it really matters. I believe that the people will eventually wean themselves of their dependence on oil before oil even comes close to running out.
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Old 04-02-10, 01:04 PM
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When was the last time someone changed the Earth's oil for that matter? Its definitely been longer than 3000 miles/3 months...
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Old 04-02-10, 01:20 PM
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Originally Posted by aadhils View Post
I don't think it really matters. I believe that the people will eventually wean themselves of their dependence on oil before oil even comes close to running out.

Thats what I think, but I also think that it does matter, and it will not happen long before we come close to running out. I think we'll run out long before we come up with anything close to what we think we need.
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Old 04-02-10, 02:34 PM
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Originally Posted by ilikebikes View Post
I think we'll run out long before we come up with anything close to what we think we need.
People aren't motivated to get off oil because it's cheap now. But once the supply starts getting low, price will eventually get so high that they have to find alternatives if they're going to do what they want.
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Old 04-02-10, 02:36 PM
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It's not so much running out, but the inablility of production to keep up with demand. Prices WILL rise. Quite a bit. And in the not too distant future.
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Old 04-02-10, 02:39 PM
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we ride bikes. why do we care?
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Old 04-02-10, 04:23 PM
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Originally Posted by coasting View Post
we ride bikes. why do we care?
Fork oil... chain lube.
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Old 04-02-10, 04:41 PM
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Originally Posted by coasting View Post
we ride bikes. why do we care?
Because, as the price of oil goes up, so do my investments
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Old 04-02-10, 04:55 PM
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Originally Posted by banerjek View Post
People aren't motivated to get off oil because it's cheap now. But once the supply starts getting low, price will eventually get so high that they have to find alternatives if they're going to do what they want.
+1. We'll make a half-ass effort to get off oil until then.
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Old 04-02-10, 04:57 PM
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Originally Posted by phantomcow2 View Post
+1. We'll make a half-ass effort to get off oil until then.
The process of finding alternatives probably wont be pleasant, either. I doubt it'll be a gradual shift off petroleum, but it'll be a scramble for something better.
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Old 04-02-10, 05:28 PM
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Who knows, but we're consuming a resource faster than it's being replenished. When that happens, the supply shrinks. It's pretty simple math.
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Old 04-02-10, 05:36 PM
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we've reached peak oil so we're on our way down, but still have plenty left. If we didn't, we'd have a lot more going on that just a couple of gulf wars.
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Old 04-02-10, 06:12 PM
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Ditto mustang1, and no doom and gloom from me either. I think its likely oil will become much more expensive gradually over a period of decades. Alternatives will make more economic sense, and thus gain investment dollars in those technologies over time. No worries.

Anxiously awaiting my fusion powered flying car.

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Old 04-02-10, 06:18 PM
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Originally Posted by coasting View Post
we ride bikes. why do we care?
Does your supermarket have their supplies delivered by bicycle?
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Old 04-02-10, 06:23 PM
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Originally Posted by GP View Post
Does your supermarket have their supplies delivered by bicycle?
Yes. Does yours? If not, they're sure behind the times. How do they get it delivered? By horse and carriage?
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Old 04-02-10, 06:36 PM
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Originally Posted by mikeshoup View Post
Yes. Does yours? If not, they're sure behind the times. How do they get it delivered? By horse and carriage?
Elves.
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Old 04-02-10, 06:40 PM
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Originally Posted by coasting View Post
we ride bikes. why do we care?
Originally Posted by skiahh View Post
Fork oil... chain lube.
Don't forget carbon fiber.

Plus, based on the taste and texture, I'm pretty sure the part of PowerBars that isn't cardboard is some derivative of the bituminous portions of crude that are too thick or impure to use as asphalt.

Do I think it's running low? That's kind of a loosely defined question, so I'll make my loosely-considered answer: not quite yet.
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Old 04-02-10, 08:56 PM
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When banks start refusing to grant 5 year car loans on gasoline cars.... but until then....
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Old 04-02-10, 09:51 PM
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Originally Posted by RubenX View Post
When banks start refusing to grant 5 year car loans on gasoline cars.... but until then....
Where were you the last two years? Banks won't refuse car loans simply because oil is too expensive. They'll just loan you the money, package this type of loans into some sort of derivative and sell the entire stinking mess to some poor sob for a profit.
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Old 04-02-10, 10:01 PM
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Originally Posted by Mr. Fly View Post
Where were you the last two years? Banks won't refuse car loans simply because oil is too expensive. They'll just loan you the money, package this type of loans into some sort of derivative and sell the entire stinking mess to some poor sob for a profit.
I was not thinking of "expensive", but rather "not available"... thinking that if I default and they reposes, they'll have a useless pile of junk they won't be able to sell @ bank auction. But I know nothin' bout nothin'.
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Old 04-02-10, 10:26 PM
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No. Its an ideological position either way. Getting very tired of junk science and people using either "science" or "religion" to justify their ideological positions.

(If this is too P&R a response, please delete my post mods).

Can't we just all be happy?
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Old 04-02-10, 10:38 PM
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I'm happy
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Old 04-02-10, 10:42 PM
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Originally Posted by RubenX View Post
I'm happy
Awesome. So am I. Saw Hot Tub Time Machine tonight. Hilarious, and if you were a young adult/teen in the 80s I think you'll really enjoy it.
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