Friday, October 28, 2005

Why "Peak Oil" makes no sense

Here's the situation. The world has 531 billion barrels of oil in reserve. The world consumes 16.5 billion barrels of oil annually. When will the oil run out? When will the last barrel be pumped and there won't be anymore?

1 Comments:

Anonymous Eric said...

Thanks. By the way, given your interest in space, etc. you might want to check out all of my Geek Grumbles posts. Many of them deal with space, space travel, space elevators, etc.

8:24 PM  

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