I am not sure of all the impacts of permafrost melting and I have no idea if it is melting or how much. I am not convinced though that this will effect poplar bear populations. As far as I can tell polar bear populations are growing because of the increased number of seals.
Climate of Smear: Global Warming Misinformation
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I am not sure of all the impacts of permafrost melting and I have no idea if it is melting or how much. I am not convinced though that this will effect poplar bear populations. As far as I can tell polar bear populations are growing because of the increased number of seals.
In 1914 the US Bureau of Mines estimated that there would be oil left for ten years’ consumption. In 1939 the Department of the Interior projected that oil would last only 13 year more years, and again in 1951 it was again projected that oil would run out 13 years later.
Now we are starting to mine it which is some of the most difficult and expensive oil to extract and refine. Why do you suppose we are doing that if we have so much oil left?
Financially viable due to the inflated price of the barrel of crude. So why is the price of a barrel of crude inflated to nearly quadruple of what it was 10 years ago? Because there is a never ending supply?
What kind of answer is that?
I think it was a reasonable question so why avoid the answer?
Your dancing around the inevitable here but ok. So why when they have raised it do they drop it down again? Like in the case where the refineries were damaged due to the weather? Did people stop buying gas?
So there is no possibility of running out of what we thought was a finite resourse and the reason the price of oil has risen to this extent is because we will pay this much?
Current known reserves will last a few hundred years at current consumption rates. Inflation is a nasty thing.
While that almost sounds promising, in reality what we need to look at is Hubbert Peak Theory, isn't it?
I mean is there is a barrel of oil kicking around in a hundred years then there is a way to say that oil reserves have lasted on ehundred years right. But if the price of that barrel of oil is so high no one could afford it then, it's not really important anymore.
Back to the economics lesson.
Supply and demand set the price that the market will bear. So if supply peaks and then begins to go into reduction, the price will rise. While Oil reserves may last for 100 years, oil production will peak within the next 15 to 20 years, meaning that no matter what we will not be able to keep up to the demand for oil at these prices. Eventually at any price.
Then what?
Originally Posted by Walter
Current known reserves will last a few hundred years at current consumption rates. Inflation is a nasty thing.
First of all, we do not have even a hundred years supply at current consumption rates. Secondly, consumption rates are growing exponentially. I doubt there is thirty years supply out there. Meanwhile btw, the title of this topic is "Climate of Smear: Global Warming Misinformation
relating to how people who have an ax to grind over global warming are attempting to sabotage efforts to mitigate that same global warming by spreading misinformation.
It's not quite as simple as that. The amount of carbon dioxide taken up by the oceans depends on the carbonate concentration. As more co2 dissolves, the carbonate concentration drops, the equilibrium shifts, the oceans become more acidic and cannot take as much co2. It also is dependent on temperature. Rising temperatures means less co2 can dissolve into the oceans.
So who would that be? Maybe the top ten groups list or something?
Can the oil industry be counted as a single entity?
I didn't put too fine a point on it but yeah, the oil industry, the right wing, Republicans, Bush supporters. Are these all synonymous?....probably..