Topic: what happens when there is no more gas?

[tomkimberly]

From what  I've been reading lately, the worst case is we run out in 10  years best 50 years. Do we start running ethanol in our bikes or convert them to electric?

Along this same line of thought what will happen to our economy? Middle East will run out of money. Importing manufactured goods from china will be too expensive. Food prices will go up due to transportation costs. People that commute to their jobs 30-60 miles away will have a hard/expensive time getting to work. Any thoughts on this subject?

What year are those books you are reading published? 1970? We will never run out of oil in our life times. The only oil which is hard to find anymore is the type that flows freely to the surface without pumping.

[Retro Rocket]

From what  I've been reading lately, the worst case is we run out in 10  years best 50 years. Do we start running ethanol in our bikes or convert them to electric?

Along this same line of thought what will happen to our economy? Middle East will run out of money. Importing manufactured goods from china will be too expensive. Food prices will go up due to transportation costs. People that commute to their jobs 30-60 miles away will have a hard/expensive time getting to work. Any thoughts on this subject?

What year are those books you are reading published? 1970? We will never run out of oil in our life times. The only oil which is hard to find anymore is the type that flows freely to the surface without pumping.

Apparently it still does flow to the surface in Afghanistan or Iraq, i remember reading about it but just can't remember which place it was...

Mick

[Don R]

A while back there was going to be a coal gassification plant built in an abandoned chemical plant in Illinois. The neighbors didn't want it. Oh well.

[Raul CB750K1]

The oil reserves you refer to were expensive to get at with horizontal drilling when the world oil price was $10 US per barrel but now at 70+ a barrel it is easily profitable. The cost for extraction from the Bakken reserve is around 35-40 dollars a barrel, there is no excuse for not using this resource other than politics...

Mick

Say you are hungry, starving, and while walking you find an apple tree, full or ripe apples. There are apples you can reach, some of them you can reach by jumping, and for the rest you would need a ladder, conveniently lying besides the tree.

Even when you can easily get apples by jumping, chances are you wont jump for apples unless there are no more apples at a hand's reach. You maybe will jump for them when the remaining apples at hand's reach are either rotting or the quality of the ones at a higher level are worth a jump, compared with the ones at hand reach.

Obviously, the ladder will only be used when there are no more apples either at hands's or jump reach.


That is, even when an apple is worth a jump, you won't jump for apples when there are apples easier to get. The same goes with oil, even when there are reserves that can be extracted at a profit, they won't be until the reserves that have less extraction costs are exhausted.

[Laminar]

I'm going to find a way to use my powers of deductive reasoning and logical though process to propel myself through a vacuum.

[Steve F]

I'm going to find a way to use my powers of deductive reasoning and logical thought process to propel myself through a vacuum.

That sounds like what I have to do daily at work to survive the micromanagement B.S.

[Inigo Montoya]

The bakken reserve consists mainly of what it termed as "oil Shale". It is a large field but I dont know about it being larger than what was in the middle east.
The field sits in North dakota, montana, and canada. As for having 2 trillion barrels of oil, not likely. I know snopes said it but they are rarely right.
All sources I have found going into a few billion barrels, enough for a short time and thats it. This makes it smaller than the ANWAR fields in alaska.
http://oilshalegas.com/bakkenshale.html
http://www.theoildrum.com/node/3868
http://www.usgs.gov/newsroom/article.asp?ID=1911

Must be a lot of bad info being reported in some areas.

[CycleRanger]

"What happens when there is no more gas?"

Isn't the answer obvious?

[Inigo Montoya]

As long as I do not have to wear stupid looking football shoulder pads, I am good!

[Rocking-M]

Pfft, Montana is an ugly state anyway and it's not like anything actually LIVES there...  Let's drill the #$%* out of it because it's convenient! 

my thoughts exactly, in fact after reading "Zen and the Art of Motorcycle Maintenance" it seems lot of people
go crazy in Montana and we would be doing the rest of us a favor by turning it into an oil field.

[BeSeeingYou]

As long as I do not have to wear stupid looking football shoulder pads, I am good!

Or drag around a "pretty boy" by a chain around his neck.

[Inigo Montoya]

Well at least the pretty boy could be a distraction for the enemy and give you the upper hand! Maybe you could sell him for gas!

[Retro Rocket]

The oil reserves you refer to were expensive to get at with horizontal drilling when the world oil price was $10 US per barrel but now at 70+ a barrel it is easily profitable. The cost for extraction from the Bakken reserve is around 35-40 dollars a barrel, there is no excuse for not using this resource other than politics...

Mick

Say you are hungry, starving, and while walking you find an apple tree, full or ripe apples. There are apples you can reach, some of them you can reach by jumping, and for the rest you would need a ladder, conveniently lying besides the tree.

Even when you can easily get apples by jumping, chances are you wont jump for apples unless there are no more apples at a hand's reach. You maybe will jump for them when the remaining apples at hand's reach are either rotting or the quality of the ones at a higher level are worth a jump, compared with the ones at hand reach.

Obviously, the ladder will only be used when there are no more apples either at hands's or jump reach.


That is, even when an apple is worth a jump, you won't jump for apples when there are apples easier to get. The same goes with oil, even when there are reserves that can be extracted at a profit, they won't be until the reserves that have less extraction costs are exhausted.

If thats the case then why are countries refining shale oil deposits, this is the most expensive method of oil extraction yet there are many places that are doing this including Australia....

Mick

[Retro Rocket]

The bakken reserve consists mainly of what it termed as "oil Shale". It is a large field but I dont know about it being larger than what was in the middle east.
The field sits in North dakota, montana, and canada. As for having 2 trillion barrels of oil, not likely. I know snopes said it but they are rarely right.
All sources I have found going into a few billion barrels, enough for a short time and thats it. This makes it smaller than the ANWAR fields in alaska.
http://oilshalegas.com/bakkenshale.html
http://www.theoildrum.com/node/3868
http://www.usgs.gov/newsroom/article.asp?ID=1911

Must be a lot of bad info being reported in some areas.

Well i did a fairly comprehensive search for answers and even on some US government sites and the majority seem to support the 2 trillion figure. Going on the mapping it makes Alaska look like a puddle...The point is that there is no shortage of oil and probably won't be for over 100 years.

As for having 2 trillion barrels of oil, not likely.

What would be your "expert" opinion for that statement....without doing some pretty decent research that is just your opinion, based on what?

Mick.

[ironbutter]

its not entirely true...

http://www.snopes.com/politics/gasoline/bakken.asp

[Retro Rocket]

The point is though that there are deposits like this all over the planet and while we are developing newer technologies to make our vehicles run cleaner we will not run out of oil for a very long time. The downside to all this is that shale oil extraction is one of the dirtiest, least environmentally friendly methods of extracting oil.

Mick

[Inigo Montoya]

Mick, I read about 7 different sites and ONLY snopes made mention of 2 trillion barrels. ALL the other, including the ones I listed, gave only few billion barrels. So I did my reading too. On top of that, I live in the state, not halfway around the world. That does not make me an expert but I am exposed to this info more than you are. Do I need to list every site and also quote the amounts given? I mean 1 of the sites I gave IS a USGS site.

http://www.usgs.gov/faq/faq.asp?id=1029&category_id=94

   

Although there have been several published and unpublished estimates of the volumes of oil and gas in the Bakken Formation, there is no agreement on the actual volume of resource remaining in the Formation. There is no way to know how much is in the Bakken Formation or any formation until the area is actually drilled and produced. Estimates are made using the best available information at the time, and different estimates use different assumptions. The USGS uses a consistent methodology, so our estimates are comparable, and our assumption and methodology are published, so people know what we did. Our assessment methodology can be found on-line at http://energy.cr.usgs.gov/oilgas/noga/methodology.html.

The USGS estimate of 3.0 to 4.3 billion barrels of undiscovered, technically recoverable oil in the Bakken Formation, and a mean estimate of 3.65 billion barrels, is an estimate of what industry may recover if the entire area of prospective Bakken Formation is produced using current technology. The current USGS mean estimate is a 25-fold increase over the previous USGS estimate, in 1995, of 151 million barrels of undiscovered technically recoverable oil in the Bakken Formation. As of August 2009, cumulative oil production from the Bakken Formation totaled about 190 million barrels (up from 164 million barrels in March 2009, 149 million barrels in December 2008 and 135 million barrels in September 2008).

For additional information go to http://energy.cr.usgs.gov/oilgas/noga/ (choose Williston/Bakken in the interactive map to see all available documents).

Just so you know I am talking out my ass. I am not an oil rofmation expert, I doubt you are either. I doubt any of us here are. This is the OFFICIAL estimates I have found and it totally does NOT support 2 trillion.

[Laminar]

I am not an oil rofmation expert, I doubt you are either. I doubt any of us here are.

Actually, I am.

[edbikerii]

Bwaahaa!!!  That settles it then!

"rofmation"!

I am not an oil rofmation expert, I doubt you are either. I doubt any of us here are.

Actually, I am.

[Hush]

I'm with Dammitdan, drill the shizen out of Montana (where ever that is?)
Bloody Terry, I wasted 10 minutes of my valuable life force watching that goober making hydrogen gas, only because I expected him to blow himself up any minute...what a let down!
I've always thought there could not possibly have been enough dinosaurs etc to die and squash down to make carbon deposits.....!

[Inigo Montoya]

So I fat fingered the keyboard!

[Industrial Cafe]

hydrogen fuel cell bike.




http://www.wired.com/autopia/2009/03/two-college-stu/

[Really?]

As long as we can still get beans...

...How does that go?? 

Beans, beans, they're good for your heart,
The more you eat 'em, the more you fart,
The more you fart, the better you feel,
Beans, beans at every meal!

[bucky katt]

hey....................pull my finger

[72 yellow]

I'm going to find a way to use my powers of deductive reasoning and logical though process to propel myself through a vacuum.

I tried that once back in the 60's, hurt like hell.