We will never run out of oil since it is abiotic and the Earth continuously makes more by the billions of barrel a year.
Yeah you're right in a million years somebody will be digging up your dead corps and shoving into their gas tank :lol:
Abiotic Oil - Wishful thinking
Abiotic Oil - Wishful thinking and other "snooze buttons" to delay the alarms about Peak Oil and other resource limits
The easiest to get petroleum has been gotten. Now comes the more difficult to extract oil which is harder to process.
Those who think Peak Oil is not real rarely address the reason why the oil industry ended in northwest Pennsylvania. Hint: It's the same reason why 200 foot tall trees aren't being cut down in New England any more and why gold mining is essentially ended in California.
Claims that oil is infinite are either a psychological blockage that makes it difficult to accept a round (ie. finite) planet or disinformation to distract people from demanding that the rest of the oil should be used in a humane and sane manner (solar panels, not battleships).
The real Peak Oil conspiracy is that the public is not allowed to be part of the decisions about how to cope with the environmental crisis.
Are there any disbelievers in Peak Oil who talk about the need for energy efficiency, to stop petroleum pollution that causes cancer and fouls the atmosphere, to reduce consumption, improve Amtrak, relocalize food production or other steps to reduce dependence on oil. Selfishness is not a great approach for figuring out how to have a sustainable civilization.
There's also peak natural gas, peak mineral resources (they can only be mined once!), peak fish, peak forests, peak soil, peak food, peak water and many other limits to endless growth. We have only one Earth, but most Americans (and others who aspire to live like Americans) act as if we'll just grab some more planets when we strip the resources from this one. That's the real issue and it's not solved by name calling, appeals for false unity, or various distractions that avoid the core problem of a round planet.
Abiotic oil theory and its implications for peak oil | Peak Energy & Resources, Climate Change, and the Preservation of Knowledge
Abiotic oil theory and its implications for peak oil
Posted on November 2, 2016 by energyskeptic
[This is most, but not all of the paper, which you can read here. Abiotic proponents believe that the earth is always producing fossil fuels so we don’t need to worry about peak oil (peak production) or running out of oil and natural gas. This is the best paper I know of that soundly refutes this notion.
And even if abiotic oil existed, it doesn’t matter, because we’re using 4 times more oil than we’re finding, and:
Conventional oil, where 90% of our oil comes from, peaked in 2005
Conventional is declining at a rate of 6% a year, reaching 9% a year by 2030, which means replacing half to two-thirds with unconventional oil in 13 years, from 2017 to 2030
It will be hard for unconventional oil to fill in that gap because it’s difficult, distant, nasty, and expensive both money and energy-wise. Even if the oil is there, the FLOW RATE will slow way down to a trickle instead of the Niagara Falls we have now
Fracked oil (and natural gas) was expected to peak in 2019 but maybe already have due to low oil prices.
Since the 1960s the world has been consuming more oil than what was discovered. Most of the world’s 500 largest oil fields were discovered over 50 years ago, and they are still the source of 60 % of our oil. The world burns 30 billion barrels of oil a year, but in 2015 only 2.7 billion barrels of oil were found, and likely even less will be found in 2016.
Alice Friedemann
Peak Energy & Resources, Climate Change, and the Preservation of Knowledge | Collapse or Extinction? author of “When Trucks Stop Running: Energy and the Future of Transportation”, 2015, Springer and “Crunch! Whole Grain Artisan Chips and Crackers”. Podcasts: KunstlerCast 253, KunstlerCast278, Peak Prosperity , XX2 report ]
Höök, M., Bardi, U., Feng, L. & Pang, X. October 2010. Development of oil formation theories and their importance for peak oil. Marine and Petroleum Geology, Vol. 27, Issue 9: 1995-2004
Abstract
This paper reviews the historical development of both biogenic and non-biogenic petroleum formation. It also examines the recent claim that the so-called “abiotic” oil formation theory undermines the concept of ”peak oil,” i.e. the notion that world oil production is destined to reach a maximum that will be followed by an irreversible decline. We show that peak oil is first and foremost a matter of production flows. Consequently, the mechanism of oil formation does not strongly affect depletion.
We would need to revise the theory beyond peak oil only for the extreme — and unlikely— hypothesis of strong abiotic petroleum formation.