This is the end...

Anyway, technology will eventually shift away from gasoline IMO. Gasoline will likely be available for as long as its around, I think primarily for enthusiasts who have older vehicles like us. But I think we'll see a major shift in what powers normal, daily driven vehicles.
With that said however, all the car mags in the mid '70s predicted this would happen by the mid '80s, so who knows...we haven't run out of oil yet
And I think the big oil companies know exactly what they are doing. Why would they want a solution found? They are making way too much money on oil right now.
Last edited by Clean97Z; Dec 22, 2007 at 10:04 AM.
It's a shame that the Gov't only seems to want to spend money on "proven" methods or theories.
All the "New" discoveries or breakthroughs seem to begin in the private sectors.
If I were a CEO of an oil company, it seems I'd being working hard on "New" fuels, cells or conversion units, as everyone is speculating that fossil fuel is going to peak or has peaked.
I know BP has commercial out about alternative fuel research, but not much from the larger ones.
Where's the self preservation of the oil companies future's?
What's after oil for them?
All the "New" discoveries or breakthroughs seem to begin in the private sectors.
If I were a CEO of an oil company, it seems I'd being working hard on "New" fuels, cells or conversion units, as everyone is speculating that fossil fuel is going to peak or has peaked.
I know BP has commercial out about alternative fuel research, but not much from the larger ones.
Where's the self preservation of the oil companies future's?
What's after oil for them?
Talking a little bit about the supply challenge. This is a slide that's been prepared by International Energy Agency and it just shows if you take all of the oil production around the world today, say, 86 million barrels a day, the natural decline on average is about 8% a year.
So, if we're going to stay with 86 million barrels a day, we've got to be out there adding 6 or 7 million just to stay flat. So the question is, where is that all going to come from when you see Saudi, Arabia saying they're going to go to 12 million to 12.5 million and maybe up to 15 million barrels a day? How is this going to happen? It's not so important just what I think or say, but I know we've been saying for the better part of nearly 12 months. Personally, I don't think we're going to see --- for three reasons, I don't think we're going to see the supply go over 100 million barrels a day. The reason for that is, where is it all going to come from?
So, if we're going to stay with 86 million barrels a day, we've got to be out there adding 6 or 7 million just to stay flat. So the question is, where is that all going to come from when you see Saudi, Arabia saying they're going to go to 12 million to 12.5 million and maybe up to 15 million barrels a day? How is this going to happen? It's not so important just what I think or say, but I know we've been saying for the better part of nearly 12 months. Personally, I don't think we're going to see --- for three reasons, I don't think we're going to see the supply go over 100 million barrels a day. The reason for that is, where is it all going to come from?
If demand continues to grow at this pace, global production will peak sooner, not later, for geological reasons.
The opinion of our geologists is we can go a bit beyond 100 million bpd, but not to 120 million.
The capacity of raising production is a real challenge ... if we stay with this type of production growth our impression is that peak production could be reached around 2020.
In a way [Peak Oil] scarcely matters; what really matters is the gap between gap in production and demand. I don’t know whether there is going to be a peak in world oil production, whether it’s going to plateau and then slowly come down. It could well plateau within next 20 years and I guess I would be surprised if it hadn’t. The thing is that demand is almost certainly going to outstrip availability, for whatever reason, and that is what is going to cause us difficulties. We’re never going to run out of oil, it’s simply going to become too expensive to use as we traditionally have. And that may happen much sooner than we expect.
I have always been a big believer in the oil price going higher. I should have pursued acquisitions more aggressively than I did, because the supply situation is proving just as tight as I thought it would be….. we’re there or close to [peak]. Mexico, the North Sea and possibly Ghawar are all in decline. The truth is the world is producing 30 billion-plus barrels of oil a year and is finding less than 10 billion. This is the worry.
To be perfectly honest, these quotes are indeed cherry-picked, and there exists no small number of quotes from other oil execs stating that there is no immediate problem (of course, that requires one to define "immediate"). But it's intellectual dishonest to suggest that the risk of an oil supply crutch is just a boogyman constructed by environmentalists. There's much about this issue that's not releated in any way to concerns over global warming; instead, a lot of this is just a matter of petrogeology and the fact that what we've consumed in 100 years took 100 millions years to create.
Ignore that at your own risk.
The "oil crisis" is being greatly overrated by environmental fear mongers. When a douche like Al Gore gets the Nobel Peace Prize after producing such a scientifically flawed piece of cinema like the "Inconvenient Truth," I'm just going to sit back and ride the wave of stupidity and try not to drown.
100% agreed.
The more I think about this topic, the more I'm inclined to think that as long as the competition doesn't offer hi-po cars, then that's good reason why GM should stop building them!
Conversely, GM should keep offering performance as long as everyone else is doing it while meeting emission requirements.
PS How do blown engines meet emissions more easily than do NA engines? My understanding is that it's not as straight forward as that.
Conversely, GM should keep offering performance as long as everyone else is doing it while meeting emission requirements.
PS How do blown engines meet emissions more easily than do NA engines? My understanding is that it's not as straight forward as that.
But who mentioned anything about emissions in this thread? Meeting emission requirements isn't a problem within the industry. Improving fuel economy, however, most certainly is a problem. Forced induction shows much promise here.
The more I think about this topic, the more I'm inclined to think that as long as the competition doesn't offer hi-po cars, then that's good reason why GM should stop building them!
Conversely, GM should keep offering performance as long as everyone else is doing it while meeting emission requirements.
Conversely, GM should keep offering performance as long as everyone else is doing it while meeting emission requirements.
Originally Posted by Gunny Highway
The "oil crisis" is being greatly overrated by environmental fear mongers. When a douche like Al Gore gets the Nobel Peace Prize after producing such a scientifically flawed piece of cinema like the "Inconvenient Truth," I'm just going to sit back and ride the wave of stupidity and try not to drown.
The "oil crisis" is being greatly overrated by environmental fear mongers. When a douche like Al Gore gets the Nobel Peace Prize after producing such a scientifically flawed piece of cinema like the "Inconvenient Truth," I'm just going to sit back and ride the wave of stupidity and try not to drown.

It might have been more impressed if he just would've teleconferenced and had them ship it.
Congress is looking at new legislation for the real reason oil prices are spiking.....speculators looking for a quick buck. Talk of things such as limiting the amount one can buy and lengthening the amount of time one has to hold a contract are being discussed to curb the roughly 40% speculation fee that is currently in the price of a barrel of oil. Even with the market adequately supplied speculators continue to cause the raising of prices through fear mongering and any little reason to cause prices to rise.
Congress is looking at new legislation for the real reason oil prices are spiking.....speculators looking for a quick buck. Talk of things such as limiting the amount one can buy and lengthening the amount of time one has to hold a contract are being discussed to curb the roughly 40% speculation fee that is currently in the price of a barrel of oil. Even with the market adequately supplied speculators continue to cause the raising of prices through fear mongering and any little reason to cause prices to rise.
In general, I think it's important for Congress not to get smug (as they are so used to doing) and think, "Well we solved foriegn oil dependency." This CAFE legislation is important, but isn't really going to solve anything. Higher fuel efficiency really means people are going to drive more, negating most of the legislation's effects. We really need that multi-pronged effort to attact the fuel problem from all directions. I think the Volt is emblematic of the sort of strategy we need.
So you're saying GM should just follow the crowd and do whatever they do? That's definitely not the way to get ahead in this game. GM (or any automaker) should offer performance cars as long as it makes a business sense, period. It doesn't matter what their competition does. If GM can offer, say, a Camaro Z28 that gets only 25 mpg, but makes enough money either to pay CAFE fines or subsidize enough economy cars to avoid fines, and still make a profit, then that is what they should do. Emission requirements are just a red herring because all cars must meet them; there's no just paying fines like there is if you don't meet CAFE.
I hope that the OHV V8s are good enough to continue to pass every tightening emissions regulations. The point someone here made is that 'we should expect more power adders, in future' or words to the effect, implying that it's easier to pass emission laws with boosted engines. I'm wondering if there is any truth to that 'assumption'.
So the global warming speculation is actually innuendo started by the oil companies? Sounds like an oxymoron?
We all know there is no reason why oil prices should be this high. None of the 'excuses' conjured up by the oil companies ever makes sense to me. It's really an insult to my intelligence to accept the crap they publish through the various news agencies.
I'm hoping people don't just accept reasons without questioning them first.
We all know there is no reason why oil prices should be this high. None of the 'excuses' conjured up by the oil companies ever makes sense to me. It's really an insult to my intelligence to accept the crap they publish through the various news agencies.
I'm hoping people don't just accept reasons without questioning them first.


