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Author Topic: [Poll: 2004.13]: Over the next 10 years will world oil reserves be enough to m... Back to Topics
JT
Moderator
Message Posted: Mar 22, 2004 9:12:10 PM

Over the next 10 years will world oil reserves be enough to meet the demands?
Yes
No
unsure

Post your thoughts about this poll below.
REPLIES (newest first) Topic is locked
QueenMother
Champion Author New Hampshire

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Message Posted: Apr 13, 2009 8:55:30 PM

Yes
nash86NY
Sophomore Author New York

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Message Posted: Oct 16, 2008 9:56:46 AM

yes, they just need to drill in the upper states
YB1234
Champion Author Twin Cities

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Message Posted: Oct 16, 2008 7:23:48 AM

There my be no reason for concern.
YB1234
Champion Author Twin Cities

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Message Posted: Oct 16, 2008 7:23:25 AM

But conservation is a must
YB1234
Champion Author Twin Cities

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Message Posted: Oct 16, 2008 7:22:58 AM

I certainly hope we have the reserves
YB1234
Champion Author Twin Cities

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Message Posted: Oct 16, 2008 7:22:41 AM

But who really knows
YB1234
Champion Author Twin Cities

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Message Posted: Oct 16, 2008 7:22:23 AM

unsure
Quazar911
Champion Author Texas

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Message Posted: Aug 5, 2008 11:22:08 PM

I'm unsure but I hope so
thinkaboutit
Champion Author Colorado

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Message Posted: Aug 1, 2008 11:27:25 PM

They have been lying to us, always pushing an "optimistic supply scenario." Department of Energy's short term "business as usual" forecast (STEO) had North America (US, Canada, Mexico) lose 0.5 million barrels per day between the January and July forecast for 2009. Biggest drop occurred in Mexico, and Pemex recently announced further reductions as their fields are "playing out."

How much higher do prices have to go to switch some "yes" answers into "no"answers?

[Edited by: thinkaboutit at 8/1/2008 11:28:41 PM EST]
narcar1973
Champion Author St. Louis

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Message Posted: Jul 31, 2008 8:37:04 AM

Yes, but not too much longer.
Z51Corvette
Champion Author Austin

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Message Posted: Jun 10, 2008 10:10:10 AM

Yes... especially, if the American public will stand up and revolt. Congress will cut the tape to allow for the necessary exploration, drilling and refining of the oil, we KNOW we have and to find new oil reserves.

Kick some sand in the teeth of the EPA people... They've been lying to us...
FOR DECADES...

Hook'em!
Philmar
Sophomore Author Cleveland

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Message Posted: May 18, 2008 12:06:07 PM

No
Quazar911
Champion Author Texas

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Message Posted: Apr 11, 2008 12:33:10 AM

I'm not too sure but I think so
Guido4
Champion Author Pensacola

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Message Posted: Feb 3, 2008 7:51:54 AM

I believe so...
ED6
Champion Author Riverside

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Message Posted: Dec 28, 2007 2:22:47 AM

Yes
kelljohn
Champion Author Maryland

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Message Posted: Dec 6, 2007 3:22:56 PM

awe have plenty but so far the environmental extremists wont let us drill for it
throttle
Champion Author Maryland

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Message Posted: Dec 6, 2007 12:59:57 PM

yes
Guido4
Champion Author Pensacola

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Message Posted: Dec 6, 2007 5:17:39 AM

Yes
YB1234
Champion Author Twin Cities

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Message Posted: Nov 8, 2007 5:58:35 PM

There my be no reason for concern.
YB1234
Champion Author Twin Cities

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Message Posted: Nov 8, 2007 5:58:08 PM

But conservation is a must
YB1234
Champion Author Twin Cities

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Message Posted: Nov 8, 2007 5:57:22 PM

I certainly hope we have the reserves
YB1234
Champion Author Twin Cities

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Message Posted: Nov 8, 2007 5:57:01 PM

But who really knows
YB1234
Champion Author Twin Cities

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Message Posted: Nov 8, 2007 5:56:42 PM

unsure
SK8ER88
Rookie Author Ontario

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Message Posted: Oct 18, 2007 12:01:53 PM

yes
azcarman
Champion Author Phoenix

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Message Posted: Oct 7, 2007 8:23:08 AM

yes but we will pay dearly until we have better altermatives
Guido4
Champion Author Pensacola

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Message Posted: Oct 7, 2007 5:00:48 AM

I believe so...
GasXing
Champion Author Grand Rapids

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Message Posted: Sep 20, 2007 12:48:33 AM

Not sure. The world only contains so much oil, and the world population continues to grow at an increasingly faster rate.
esquimau
Champion Author Pennsylvania

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Message Posted: Aug 24, 2007 12:01:44 AM

yes
Quazar911
Champion Author Texas

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Message Posted: Aug 7, 2007 7:53:12 AM

Yes
throttle
Champion Author Maryland

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Message Posted: Aug 3, 2007 12:28:16 PM

yes, but prices will increase.
Guido4
Champion Author Pensacola

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Message Posted: Aug 3, 2007 6:58:39 AM

Yes
truckdude
Champion Author Twin Cities

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Message Posted: Jul 28, 2007 5:14:35 PM

yes
Blubberpuppy
Champion Author Baltimore

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Message Posted: Jul 21, 2007 9:32:18 AM

Probably, but the price is going to be a lot higher than now in an ever tightening market.
esquimau
Champion Author Pennsylvania

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Message Posted: Jul 6, 2007 6:42:35 AM

Yes
thinkaboutit
Champion Author Colorado

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Message Posted: Jun 30, 2007 9:45:32 PM

buddydill -- the oil majors did not replace the oil they produced over the last 3 years (if you account for mergers acquisitions, and dispositions). Why would they want to build more refinery capacity -- to refine more oil that they already do not have?

Quazar911
Champion Author Texas

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Message Posted: Jun 30, 2007 7:40:17 PM

Yes, I think so
michael562
Champion Author Tennessee

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Message Posted: Jun 20, 2007 10:04:37 AM

yes
tobasco
Champion Author Los Angeles

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Message Posted: Jun 20, 2007 10:02:46 AM

Yes
buddydill
Champion Author Kentucky

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Message Posted: Jun 20, 2007 6:44:12 AM

There is plenty of oil. We need more refineries to meet demand.
truckdude
Champion Author Twin Cities

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Message Posted: Jun 17, 2007 7:36:53 PM

yes
Guido4
Champion Author Pensacola

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Message Posted: May 31, 2007 6:38:37 AM

Yes...
Quazar911
Champion Author Texas

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Message Posted: May 23, 2007 5:56:24 PM

Yes, definitely.
tacklingfuel
Rookie Author Ontario

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Message Posted: May 22, 2007 1:39:31 PM

yes will have the oil to meet the demand, but that is the problem here is it not??
diesetter
Rookie Author Detroit

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Message Posted: May 12, 2007 7:53:16 PM

yes 40 more years
Dorkchop
Champion Author Maryland

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Message Posted: May 8, 2007 11:25:24 AM

Maybe, barely, depending on the amount of growth of China and India. The oil will be there but the price may be outrageous. They don't produce enough on the margins now, it will only get worse in the future.
KJLIBRA
Champion Author Chicago

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Message Posted: May 8, 2007 11:08:13 AM

Yes
truckdude
Champion Author Twin Cities

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Message Posted: May 8, 2007 9:49:10 AM

yes
PRICO42
Champion Author Atlanta

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Message Posted: Mar 30, 2007 9:50:40 AM

y
doogins
Champion Author Indiana

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Message Posted: Mar 30, 2007 9:35:40 AM

Probably if our countrys politicans get off of their butt and make them produce better gas milage vehicles.
truckdude
Champion Author Twin Cities

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Message Posted: Mar 30, 2007 9:06:01 AM

Yes
thinkaboutit
Champion Author Colorado

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Message Posted: Mar 26, 2007 8:40:36 PM

PriceMonger,

You are right, Global Warming can have select differential positive advantages too, just as it creates negative impacts. But it is not justified to expect an "oil bonanza" from this. Petroleum geologists don't suspect a (US) arctic bonanza, we know how much oil there is with and without an ice cap. Arctic oil may yet be economically significant, say 30 years worth of 5 to 10% of current US consumption, but falls way short of allowing energy independence.

Right now, most oil (and natural gas) developments in the arctic regions are developed during the cold months, when deep frost allows easy transportation of equipment to the sites to be developed. Global Warming might make that development aspect more difficult.

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