Will Fossil Fuels Run Out? | Earth Science
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- čas přidán 4. 07. 2024
- Greg Foot looks into the dirty world of fossil fuels. Will we run out of fossil fuels and what cost will we likely pay for their use?
Footnotes
1 - www.fe.doe.gov/education/energ... and www.theguardian.com/science/2...
2 - www.fe.doe.gov/education/energ...
3- www.theguardian.com/environme...
4- www.bp.com/content/dam/bp/pdf...
5- fortune.com/2016/07/05/oil-res...
6- www.theguardian.com/environme...
7- www.forbes.com/sites/davidblac...
8- www.eia.gov/energy_in_brief/a...
9- www.theguardian.com/environme...
10- onlinelibrary.wiley.com/doi/10...
11- www.npr.org/sections/money/201...
12- www.bloomberg.com/news/articl...
13 - climate.nasa.gov/ and www.slate.com/blogs/bad_astron...
14 www.epa.gov/ghgemissions/over...
15 www.carbontracker.org/resources/ and www.theguardian.com/environme...
16 - www.scientificamerican.com/ar...
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/ headsqueezetv - Zábava
I went to school in the 90s and was told we would have ran out by now
Adam We ran out if cheap stuff years ago. Oil used to be below $10 a barrel. Now it will never go below $40 a barrel. And have you seen the source of oil these days? Alberta bitumin is essentially road tar... they're boiling road tar to get gasoline and leaving behind a toxic moonscape for future generations. Fracking... breaking rocks for natural gas and not giving a fig about the effects on ground water and geostability. Deep water... oil rigs on the high sea drilling into wells miles under water. These are not your grandaddy's sources of oil.
I went to school in the 90's and they said god was real.
Geography teachers will be telling kids 'Oil will run out in 30 years time' for at least another century.
HAHAHAHA It's the future checking in. AMERICA IS NOW THE LARGEST SUPPLIER OF OIL AND FUEL IN THE WORLD. We now export to Saudi Arabia. Kudos.
I doubt anyone told you that at your prussian marxist playpen where they taught you to push a broom.
You also need oil for the production of plastics so we still have to worry about that
Kol Jo there are plant alternatives. might be another avenue to invest reasurch in. en.m.wikipedia.org/wiki/Bioplastic
bioplastic sucks
Kol Jo Bakelite and Co. sucked, then came science. As long nobody wants bioplastic, it won't get better, but it can and will... and does
Kol Jo isn't it also proven that a plastic could be made from Hemp Fibers?
pfifo fast yeah but the energy required to convert back in forth increases every time.
Fossils are not found after about 8K feet, no deeper. We drill for Oil at over 20K feet. The word "Fossil" was only added to make it seem scarce.
wait. is there still baby oil? or will we run out?
We will always have baby oil so long as people are willing to wring it out of babies.
Alternatively, I'm pretty sure baby oil is a plant based oil, and so we will have supplies as long as there are people growing the crops that we process into products like baby oil.
EDIT: Nope, I'm wrong. Baby oil is derived from crude oil. That said, I'm sure humanity can come up with plenty of plant oil substitutes by the time we stop using crude.
OriginalPiMan squish all the babies!
OriginalPiMan are girls guide cookies made of girls guide?
BLAH
Check the ingredients. If it says "soylent green" then you know you're getting your money's worth.
Just keep making those babies and it won't run out.
Good video. I have a degree dealing oil / natural gas. I live next to an oil field that once ran "out" of resource, and by this I mean it went from producing 20k BBL/day to just 20 BBL/day. 15 years later they went back to check old equipment and after checking the down hole pressure they realized AND learned the 'rock' around the formation was porous enough that oil during this time was seeping back in. This was the first oil well scientist and industry realized that oil in fact over time WILL refill the well. FURTHERMORE, they have developed unique techniques to "wash" oil off and out of walls without fracking to recover more. This is what they're doing on Alaska's north slope. They have 30 - 40 more years of oil because of this. ALSO there has been some new discoveries in which have not been mentioned to the community yet.
Would like to say I am all for renewable "green clean" energy, but want people to realize to manufacture, dig, and transport this stuff still requires coal / crude products, especially when it comes to maintenance.
What are they using to "wash" crude oil out of old deposits? Solvents?
Maybe it was because oil is actually abiogenetic and will renew itself, makes more sense than created by once living organisms.
Simple logic 1. We do not know when our fossil fuel will run out, but we know nature's supply is limited, we cannot produce fossil fuels. 2 with 7 billion people and rapidly growing population in the world--all wanting to have a life like Americans--demand for energy will grow rapidly. 3. we better find other sources of energy before we suddenly realize we running short of fuels.
@@gastromacho2 - Other resources are a good idea but remember oil is needed for everything from strip mining to the grease in the wheel bearings and plastics found in the Tesla. Wind turbines are very bad, they have a larger oil consumption footprint and then their blades are not recyclable with large blade graveyards.
I think green energy does not exist, not at least in the sense they want us to believe, but greener energy does exist. I do not think we will fully get away from oil ever, actually, I am 100% positive about that.
I personally don't know the answer and honestly, no one does know. Perhaps in the future, we will have a better understanding of figuring something out that is high energy and low impact.
We just need to be smarter with our consumption to start with. Why buy a new car every couple of years? 95% of big truck owners only have them because it is a status symbol in America, they do not need or use that truck for its intended purpose the majority of the time.
@@27Zangle GE just created a thermoplastic blade that is 100% recyclable. I think wind and solar have a place and we should move to renewables, but I see it as an AND not an OR, or a JUST.
Big Oil won't let us move on to all the better alternatives out there until every last glistening drop of black gold has been milked from the ground.
Big oil will be the 1st to sell microsingularities when they are ready to power the world
Fossil fuels are a lie 👇
czcams.com/video/zSff0pwc1Xc/video.html
Lol The big bad oil companies that have kept our houses warm and our cars moving.... They made money for that? Evil bastards....
What will happen if Fossil Fuels Run Out? Can we decrease usage of crude oil?
Corona: Say no more. We got you.
kek
worst girl xD
@@HacksignKTeany!!!!!!!!!!!!!!!
@@HacksignKTLiar.
Fossil fuels are a lie 👇
Its strange that No Fossils exist at the depth of most oil reserves.
fossil of micro organism eons ago.....
@@SapphireAI2O3 That's amother unbelievable theory
Key problems of current renewables are a) inability to store electricity, and b) variance in generation out of phase with consumption and not conducive to grid high voltage maintenance. This means that for every wind turbine or solar panel you need back-up by a constant always-on source. The choice here is either nuclear or non-renewables. So for every pretty windmill you spot, a nasty nuclear/conventional power station is lurking in the background.
Nuclear Fusion is absolutely monumental to our survival long term. A power plant the size of Chernobyl would be able to provide power to the entire planet for about a thousand years.
@@mc4105 my fear is fusion reaction used in warfare.We know how deadly fission reaction is.We can wipe the entire planet,wildlife and ecosystem in minutes using fission reaction nuclear warfare we have today which has a fraction of the energy of fusion reaction. Humanity could explode the earth if he turned fusion reaction in warfare equipment and it has a high possibility considering the fact the fusion requires very little matter as input and there are things like asteroid mining and outer planatery bombing that could be possible by it
@@mc4105 We are currently so far away from a functional fusion reactor, that the discussion about it baffles my mind.
@@cCiIcCo That's not true. Scientists have harnessed nuclear fusion and produced positive results already. The technology will be there within decades.
What is nasty about nuclear power?
i'd love to see the fossil fuels run out, not because I eat seeds and swap sandals with my dread-locked friends, but because i'd love to see the sudden drastic demand for innovation that will have to be forced upon humans at that time. I think we'll do something amazing
Jago Bridgland I agree... we humans often have a tendency to ignore problems until we are personally affected by them. Only once the reality of a given problem is standing on our doorstep, will we jump into action and do something about it.
We are an intelligent and creative species, but we are also inherently lazy.
theRICKbowman Will people jump to action? I believe that factions will stand on the ash heap of civilization blaming one another for the disaster. Action is going to require one side or another admit their guilt, make amends and agree with the other side to take action. Today's political climate has everyone digging deeper into their positions and declaring that they will not compromise. BTW, didn't you know that climate change and peak oil are fake news conspiracies headed by China to make America less competitive. From under 10 feet of water DC is going to demand reparations from China.
Jago Bridgland I think instead a ton of people would just either die, or fail to commit suicide
That would bring a halt to civilization. Be careful what you wish for! We can use fossil fuels to make a good transition to alternative energy.
Jago Bridgland e
we would already have suffecated by then, cuz toxic air from oil cars
Obviously, there is a finite amount of oil and if we keep using it we will run out. However, the oil companies that did the "research" for when we will run out have a huge financial interest in leading people to believe we will run out sooner than later.
these liars in the bbc will do more of that
you can replant trees. that's a fossil fuel. so it's infinite.
wait for million years
Nope, oil replenishes itself faster then we can use it
How do you figure? It would just push an interest into alternative energy sources faster, thus destroying their fossil fuel sectors
This is dumbed down too much. I feel like I'm watching CBBC.
SquaredSpekz well it's a 5 minute video, they can only go so deep. And by using a cbbc approach the yanks might get it.
jim leo the irony that you didn't spell it or *you're right xD
***** it's xenophobe and you're.
Not that an American would know anything about either.
YA!!!!!!!
The drill at 01:06 was turning in the wrong direction. Turning that way it wouldn't have been able to drill down because the dirt wouldn't be transported upwards but rather be compressed at the bottom of the drill.
I think you win 'most nerdy comment' for this video. Bravo! I'll march over to Jack's desk now (he does the gfx) and FIRE HIM.
Maybe.
Thank you for the honour! But please don't fire him, I am sure he is a good guy.
And since you're already reading: The video was great! Well explained, well animated and informative. Also I love that you're actually citing credible sources!
It's not turning at all
@@gabimircea4328 that is what I was thinking
Gabi Mircea a bit feking hard to make a 2D object turn
I'm honestly surpised there hasn't been an effort to artificially generate mass quantities of crude/coal, but I'm glad it seems that isn't the case.
There has, Germany mass produced crude oil artificially in 1942, the factory is still there in Poland.
@@Skjerstad1812 💀💀
Well, im lucky i'll die before the oil ran out
we need more plants...
Solar Electric plants, Geothermal plants, and farms full of wind turbines.
Ye, like weed
Scott RC Co2 will help with that.
lapamful co2 will poison plants IF its a lot of it. clever kid.
lets burn oil so we get More plants, geniouS.
Right, and where the hell has Co2 ever been anywhere near that kind of level in history?! There have been volcanic eruptions that have released more Co2 than all of human history and Co2 levels hardly moved, let alone reached the levels during the dinosaurs (which was only 4 or 5 times the Co2 levels we have now), and places like the Sahara were jungles.
Me thinks thus doth scaremonger a little too much.
I'm 28 years old, I'll use up oil for next 54 years(and I die) but my grandkids won't get any..!
You plan to only live up to 82? I honestly doubt people will be dying of old age that early in 50+ years.
@@robbyhenton8038 maybe in canada or something
You should definitely make kids and have them make kids if you're sure they'll live in the dirt (for a very short while). What a standup person you must be
*petrol heads watching in nervousness*
+richard garcia
Oh oil ran out, guess I'll just use this mile long list of other flammable liquids/gases.
I'll make biopetrol instead
No they are not nervous,they know that oil renews itself,and a lot faster than you think
They would just invest into renewables and actually still benefit from higher prices.
I thought id never find one in these comments.
I jus wanna build my 2j and my cummins before they stop producing gas😢
Speaking of, anyone know when they will stop?
Footnotes are brilliant!
It's amazing seeing a video about fossil fuels and not renewable energy. In this day and age it feels like a taboo topic to talk about!
uranium for the first decades, thorium for the upcoming centuries and fusion somewhere on the road
So you are saying that there's about 50 years of oil and natural gas left, and if we use just a third of that (about 17 years), the planet will experience an overall temperature increase of 2 degrees celsius which is super bad? Uh... sounds like we don't have much time left.
White bears will loose their natural habitat and start roaming in streets on London and New York eating people on sight just because you needed that back cover of your iphone.
Think about Planet while we still have time...
I would just like to point out that the average global temperature has only risen by about 1.2°C since 1880. I haven't been able to find a single source that claims that consuming 17 years worth of fossil fuels will cause another 0.8°C. Don't get me wrong, I'm not a supporter of continued use of fossil fuels, but I have more reasons than the global temperature. I just don't think that replacing them with expensive, unreliable wind turbines that have to actually be shut down when the wind speed is too high is a particularly good idea.
Per they're designed that way for god's sake. They're not unreliable, they're clever. It would be like running a nuclear power plant with too much Uranium in the reactor. Offshore wind is the most cost effective renewable energy for many countries around the world, especially Britain and Scandanavia. I don't like the crap that gets tossed around about wind turbines by people who don't know what they're talking about. I thankfully DO know what I'm talking about, seeing as I'm an Environmental Engineer and all, and I can TELL you that the "problems" with wind turbines are all bollocks. They provide a plentiful and reliable energy source
They're unreliable because they rely on a natural phenomenon that humanity has no hope of controlling. Wind power works as an excellent supplement but is unlikely to ever function as a primary energy producer. In 2015, according to government statistics, energy consumption stood at 303TWh. During this same period, wind turbines generated a mere 40TWh. Assuming that energy consumption doesn't increase, to completely replace fossil fuels, the country would need nearly 5 times as many wind turbines as have been built in the last ten years. And you'd probably need more than that to account for when wind speed is too low, or so high that the turbines have to be shut down to prevent damage caused by the tips creating a sonic boom. I don't have a problem with wind turbines as an energy supplement to reduce our reliance on fossil fuels, but they cannot stand as a truly viable replacement
Lawrie Swinfen-Styles there are plenty of problems with wind turbines, the least of which are things like driving away marine life. the best solution to energy seems, to me at least, nuclear power and eventually fusion.
Energy production is one issue associated with oil usage and there are numerous alternatives for that. But what about plastic production? Are there alternatives to this issue that can match current production rates?
petroleum is a mineral fuel pumped up from a depth of up to 10 km It's endless
Oil doesn't just come from bones, it's a by product from all organic matter decomposing beneath the earth. It's supply is plentiful, but the big oil companies wouldn't make any money if we were taught that from the start. The rarer something is that is needed and that is the more expensive it becomes.
I struggle thinking oil companies would invest billions into something that would run out.
Another scam like diamonds
In proven reserves are also included tar sands from Alberta and other unconventional sources. So theres already a limit in prices for those 1.7 trillion barrels. Not all of it will be produced. It doesn`t matter how much oil there is in the ground while only 1 trillion of barrels left are easy to get and are cheap enogh to fuel the world economy.
Efficiency is the only thing holding us back from renewable energy. I don’t believe creating energy from renewable sources is the problem if I remember correctly, it’s the fact the it’s hard to store that energy in a cost efficient manner. I bet it won’t be long until we figure out that problem
Oil is not a fossil fuel, it's a product of the earth's magma. "Fossil fuel" is a marketing term, like "man made global warming." I remember the headline in 1970 : "Oil to run out by 2000." And, of course, by 1971 oil began it's inexorable price rise. By the way, the Russians scientists discovered the true nature of oil long ago, but that did not fit the oil companies plan to market oil as a limited resource.
Question: What happens to the empty space beneath the ground from where these fossil fuels are extracted?
Finny Thomas heavy hard hitting vibrations
make the city to be buried ...
It will create large sink whool under ground, can swallow house eny thing in top of sink whole. Global nature catastropy I mean it gouse over mining.
Is it just me staring at his hands just flaring around?
Could anyone tell me what and why are those numbers appearing on the top right corner of the video?
2023 checking in: 46 years left
I think that the reason we haven't been able to innovate our stuff is due to the lack of a sustainable energy source, and a powerful one too
uh, oil is pretty sustainable, i hear. but don't worry, there are no chemtrails (just solar geoengineering), they aren't trying to chip you (just give you an implantable way to scan your bank account for groceries), they aren't going to try to force vazzinate us (blowvid21), and the elite have no interest in locking us down and silencing us (true dough).
petroleum is a mineral fuel pumped up from a depth of up to 10 km
something cool is that his watch is reflecting the green screen behind him and the computer is adding that blue background to his watch
ooo that's a good spot! I'll take my watch off next time!
That happens in a few videos I watch (sorry). But it makes it look cool in those cases!
An outro, THANK you!
Do the numbers (for the remaining amounts of oil and natural gas) account for the trend of the rise in oil and gas consumption or do they assume a constant rate of consumption?
petroleum is a mineral fuel pumped up from a depth of up to 10 km It's endless
Good video!
I respect the intellectual honesty. You seemed interested in sharing facts and figures rather than pushing a political narrative.
This is a very dishonest video
What can't we just find away to speed up the process of making oil. Like how we before the microwave was invented people had to wait longer to cook food in there ovens. What I'm trying to say is we could artificially create coal and oil in a fraction of the time
It would still be bad for the planet though
Is the increase in demand for oil accounted for the calculation of years left of it?
It’s not fossil fuel.. it was considered fossil fuel when in the Geneva convention of the late 1890’s gave definition of what an organic matter is. 3 elements that also this mineral “petroleum” had which then was considered fossil fuel since it came from
Under the ground to sell it as it’s scarce like Diamonds…
It’s a mineral
"All scientists agree that oil will end up till year 2000."
- All scientists, 1985.
VytautasLDK and drills that have been running for decades are still as steady as when they were placed, funny isnt it?
VytautasLDK Quoting something without a link to the source isn't going to make the quote believable
VytautasLDK right, what's your sources?
Casey Smith
I'm in my 50's and can remember talk of 'peak oil' in the 70', 80's, 90's etc.
A google search will show you that the first predictions started in the 1800's.
Notice how they were talking about actual and potential oil? I'd say what you were hearing about was actual oil. We progress technologically on a pretty consistent basis.
What is this dude doing with his hands?
Lawrence's Gaming Channel gesturing, because the shit he's saying isn't important enough to keep our attention
Mr. Flapjack Presents its called *gestures* , we italians have been doing this for ages
I wonder if the scientists could find a way to place desd things that deep and go back to see if it turned into oil.
what i wanted to know was .. what is the richter scale of earth quakes that have been directly linked to fracking
I read an article in the late 90s that said, "we'd hit peak oil by 2020" we're almost at 2020 and there seems to be plenty. I wouldn't worry about this, plus with EVs and continued improvement in battery technology we won't hit peak oil.
Whenever someone say oil.. the first thing come in my mind is sultan with his beard. :v
These figures are pretty floored. Australia alone has enough gas for the next 81 years without further exploration and coal for another 500 years again without further exploration.
All of our coal was produced prior to 300 million years ago before fungus evolved to eat plastics, so we have a limited supply of coal. But oil and Gas are constantly being produced by nature, and it appears at a faster rate than we use it.
Greggy is still my favorite of the Britlab bunch.
PandoraWolf why thank you 😊😊😊
Giant corporations (1990): "Keep using that oil, and keep prices up, we're so powerful."
(2000): "We're still powerful, let's reduce our tax burden, birth rates are low? Eh who cares."
(2010): "Awe bailouts, low taxes, low wages, keeps getting better. Let's move more jobs overseas."
(2018) "Yes, Trump is in power, even more tax cuts, yay. We're having trouble hiring people though, we'll just switch to automation."
(2020) This labor market is horrible, we can't even hire overseas, there's less and less people because birth rates have been declining everywhere for years. What's going on? These automation machines aren't quick enough, there's not enough of them. Dang it WE WANT MORE MONEY AND CHEAP LABOR! WHAT'S HAPPENING TO US!"
(2024) "Oil and natural gases are running out fast because we're using it for automation and labor, but now our energy prices are sky high. It's cheaper to hire a person. Government do something!"
(2030) "......."
Very educational informal video well done
There's always going to be decaying matter. They did slip and say that some sources in the gulf are abiotic. Meaning they don't run out.
What if we humans don't fully develop a new alternate fuel by the time these fossil fuel is finished, do we come to a stand still and enter dark ages?
Shubham Pawar sucker
Well you wouldn't wake up one day then realize that all fossil fuels are gone. The prices would keep rising due to scarcity, forcing people to change their behavior.
Shubham Pawar there are fully developed ideas. They just cost a shit ton that when people see the price tag, they say no right away and say BS about using these different ways.
@@SuperGoodison irrelevant comment you fucking nonce
say it with me everyone Nuclear Fusion and Hydrogen Fuel Cells.
Say it with me: Fast breeder nuclear reactors.
We will never run out of fossil fuels. We have already reached peak oil consumption, which is why the cost of oil as fallen to such a low, and unlink before, hasn't recovered. It may happen that it recovers then falls on final time, but we will not run out of oil
What about all the land beyond the south pole admiral Byrd found?
As emerging economies develop, fossil fuel usage will skyrocket.
We are electrons. We take the easiest path. Unless there’s an easier path than oil, we we’ll burn every last ounce of it before a change is made I believe. We’re water. We’re electrons. We are hard wired to take the path of least “resistance”. Good video sir. Thank you.
✌️✌️
Just a thought, there a alot of proven oil reserves actually.But we don't have the required technology to extract it out yet.The use of petroleum as fuel may be obsolete in the coming 50 years.But crude oil is still required in many industries as well.For an instance the plastic,adhesives,rubber, pharmaceuticals and also as chemical solvents.
So our dependency on oil will be not totally over just yet.
i care a lot about the environment but to be completely honest the main reason i searched for this was to make sure my future career as a mechanic wouldn’t get messed up by fossil fuels running out.....
Very thoughtful 😊😂😂
Ur one of Useless guys
@@vernicolomelo2864 huh?
Supply is the excess right now. OPEC countries are holding on to millions of barrels of oil. The price is fixed unless they decide to change it. In the past that happens due to political reasons but OPEC might dissolve because of this accumulation failure.
Can’t imagine the day when u can’t hear the sound of roaring fossil fuel engines😢😢😢😢
Stfu I burn my plastic I hate the environment you are weak, you are a bleeder
@@caustichail0242 Says the little shit hiding behind a fake account!
There was a punctuation mistake, 2 rather near the end- That's optimistic*,* Greg*!*
What will be used as a substitute once oil runs out?
That's the real question
Will a non-rewnewable resource run out? HMMMMMMMMMM
It is renewable,you guessed right,does not come from fossils at all
its the earths blood the earth is a living being with life
@@randyhofer2523
Yup
Another lie from the illuminati
i expect that we will [hopefully] look to more sustainable energy sources long before we run out of fossil fuels. either left, never to be used, or for some time far later
That’s why I don’t understand when people think the price will keep going up it’s about to crash
When I was at school, crude oil was due to run out in 2008. As it turns out, it was probably the 20 August 2071.
Alan Heath that's because we're using more and more dangerous and damaging methods to get to the fuel
Energy storage is the main problem with renewable sources. Once we find some way to efficiently harness and store the energy from these sources, is when we can truly ditch fossil fuels. Global warming would still be an issue whether using fossil fuels or not.
Take that mad max universe 😂😂😂
Nicely done!
About the time we finish consuming the bulk of the oil and gas, the enhancement of the greenhouse effect will have altered our climate so dramatically that our overpopulation problem will be solved. The survivors will not have the temptation of using petroleum.
Thank God for that. Humans are arrogant anyways.
Don't what we'll do without oil, but for energy production:
Wind turbines, solar panels, tidal are useless they don't produce enough power. The answer is nuclear and geothermal to replace coal, oil, and gas when they run out.
Oil is not a fossil fuel fossils can only be found down to 16,000 ft yet we drill for oil at depth's exceeding 30,000 ft everyday, oil in fact is the seconded largest form of liquid after water. Oil was only classed as a fossil fuel in 1892 when the Rockefellers who controlled the oil industry not only the drilling for oil but it's transportation, also at that time oil went from being just a lubricant to a fuel. In the beginning oil could be collected in buckets so oil was so easy to find, on Saturn's moon Titan it actually rains oil the surface is covered in oil this in no way implies Titan once was covered in organic materials.
The Rockefellers knew that if oil was classed as a mineral like it should have been selling oil would have been like setting the price on a bucket of water so they sent their scientists to to Geneva in 1892 to a convention to class what organic substances are. Organic substances contain hydrogen, carbon and oxygen and because oil contained these these 3 elements they were able falsely
Rushia proved this all to he untrue. Look it up.....its called abiotic oil
Why can't we just synthesise oil in the lab? I mean, with the amount of technology and advancement we have, we can maybe do it in the lab.
Mohammed we can synthesise oil, however from what I understand it requires a lot of raw materials and is much more time consuming and expensive
Mohammed synthesis oil from?
From what I understand, we need dead animals and plants; put them under very high pressure and temperature and you'll get oil. I know I make it seem simple, but I think that's the bases of it.
Dead animals and plants, as in nature.
Technically any oil can be used as a fuel source, but the ignition point and high calorific value of non renewables make them the ideal choice.
1) We are producing way too much oil atm. Much more than demand. Hence the low oil price and the fact that we're running out of storage space.
2) Big oil producing countries know that quite a large proportion of their proven reserves Will never be taken out of the ground either due to cost of extraction / deflated oil price or technological advancement meaning that the oil won't be needed.
3) If we were to run out of oil while we were still reliant on it the world population would halve in a few years due to mass starvation. Currently most of the first world import most of their food, and countries that don't usually don't produce their food near their population centres. These are all transported with the aid of hydrocarbons and many are fertilised with hydrocarbons too.
Don't worry, 3 won't happen because of 2.
But it is NOT a question of stock, it is a question of FLOW. And ERoEI. Will the industrial and financial system be able to provide societies with the constant flow of oil they need to function? Just-in-time? With liquid fuels (95% of our transports depend on) remaining in an operating range of price: neither too expensive (otherwise people can't buy) nor too cheap (otherwise the industry is no longer profitable)? THIS is how the "peak oil" question must be framed.
And the climate issue comes on top of this one, of course.
My thoughts on oil running out? I really doubt it ever will and that eventually it will become one of those specialty fuels like leaded race fuel is today. I am going to keep driving my old American muscle cars because that's what I love doing and it makes me happy. However I am in the minority of people that think this way so as long as there are enthusiasts out there we will find a way to keep doing what we love and the rest of the world will move on just like it always has
I am sure when we run out that there will be a way to convert old vehicles to run off the new energy source.
The aviation industry will have to continue using fossil fuels until a new technology is invented.
Even if there were millions of years' worth of oil, I'd still switch to alternative sources for transport (such as electricity, hydrogen...). The current noise and air pollution means oil should stay in the ground.
So your okay with absolutely destroying the planet to dip up lithium which is what we need to store electricity. Also no electric engine can power the machines required to mine lithium...... so unless you want to live in a cave like our alleged ancestors I’d get educated. We are intelligent creatures but technology has limits despite what science fiction says
Not to mention the amount of money gulf countries are getting for that oil and using that money in funding terrorism.
@@knightmarefuel4499 you don't have to make batteries from Lithium only "get educated" 🙄
Fracking does not contaminate groundwater. The wells are isolated in multiple layers of casing and grout way below the ground water.
If only there was some sort on energy beam or invisible force that existed...
he wanted to know my opinion? welp through the whole video all i thought was
"this accent is so damn nice man"
the project teammates who watched this with me
"cries in mochi and gucci"
teammates: i am trusfrated staying with this gurl-
Just like Saudi Prince now Saudi king once admitted - the world never lacks oil! If in doubt, just watch oil price ...
Like we use heat and pressure to create diamonds, why not do the same for oil? Maybe it is to expensive
The Navy has been running micro nuclear plants at sea since the Nautilus. We can provide nuclear energy at a cost-productive scale to communities that don't need gigawatts of energy. There are also small nuclear plants that are safe and don't require a large basin of water to cool off. Furthermore, China is building a molten salt reactor in the Gobi desert far away from any water.
i think the issue is no longer, we will run out but how much damage will it do before we switch to clean energy
Wait, if diamonds are created when carbon is under extreme pressure and heat, and we can replicate that in a lab, and make man made diamonds, why can't we make oil in the lab if oils is created when dead animals are under extreme pressure and heat ?
MadProductionsink I wonder the same thing but I think it is because the volume we would get would be miniscule in comparison to the required amount
Didn't say it could be widespread, just to show it could be done :D
I would imagine we can, but that the pressures require more energy than the oil provides. If it's anywhere near the energy the oil provides though, or even just several times that instead of several orders of magnitude, I could definitely see the appeal of say using cheap fission / fusion power when that comes around to do it, to keep everyone from having to change type of car.
We CAN! We DO! Haven't you heard of synthetic oil? Mobil 1, Valvoline Full Synthetic? It's just not economical to burn it for fuel.
We can
Most of current "sustainable energy" requires fossil fuel to produce. While it is possible to extract something like ethanol without electricity or gas, it would take ton of times and human energy to produce.
Yay Greg is back!
Immortal Dragon hellooooo 👋
We always miss you when you are not around! Earth Lab is never the same without you
"It's been claimed"
Setting fire to your tap water isn't a claim. It's like saying "it's been claimed shooting yourself in the foot causes a gunshot wound".
It's link to fracking is the claim.
Pretty believable claim considering this was not possible there until after the fracking started.
unacomn If they don't light water on fire it won't combust by itself. People just want us to live in the dark ages of horses and books
Because water's never been contaminated before, right? So it MUST be the fracking!
Johnny Kronaz The chemical mixture required to be able to set water aflame is quite limited mate.
By the nature of elimination anyone with even the most basic knowledge of chemistry could narrow the source down substantially.
Being able to set water on fire require very unique chemical combos to be the results of something other than oil.
Filip Jakacki I am not sure what you are saying here. Water doesn't combust naturally when fire is applied to it. You need to separate the oxygen from the hydrogen atoms to be able to use them as burnable fuel.
Plus there are plenty of other methods of acquiring energy nowadays than just oil and coals.
Oh and during the dark ages (in Europe) about 80-95%of the population was illiterate so technically books were generally regarded as more of a luxury than not. Especially before the first proper printing tools emerged.
Electric cars will be almost everywhere in about 15 - 20 years if large car company's like BMW, Audi, Volkswagen and off course Tesla start making making more of them.
If they make the batteries in electric car replacable so you only have to wait 10 minutes at a gas station instead of hours then maybe.
Replaceable car batteries are already a failed idea. They are not needed in the real world.
People without an electric car tend not to understand that they don't need to visit somewhere every week or whatever to refuel an electric car. You plug it in at night and wake up in the morning to a full battery. It takes a few seconds.
In those cases where you are traveling long distance then stopping for 30 minutes to rapid charge the car every three or four hours really isn't a big deal - in fact it might be said that you should be stopping that much just for your own comfort and safety.
This does all assume a 250-300 mile car battery (that's rapidly becoming the norm in the new cars now) and a way to charge at home. Those without a driveway or garage are currently disadvantaged. That will almost certainly be solved in the next decade, with lampposts getting charge points added or whatever. It's going to be an interesting decade or so.
Adam Purcell Exactly, I dont get why so many people don't understand that you can charge the battery overnight.
And stopping every 2-3 hours is important to stay awake and keep focused while driving.
Milan Meiland electricity is not a power source, it is generated mostly by burning fossil fuels.
Also you are forgetting how much oil goes into making a car. 7 barrels of oil in EVERY tire, all that plastic cannot be made without oil, the factories themselves use a metric shit ton of energy every day.
not only that, all pesticides and fertilisers are made with oil and gas, so the workers in the factories (and most other humans) are going to starve as food production dwindles.
i hate to be a party pooper, but we have built our ever growing population on a finite resource.
when the price of oil becomes so high that it poses no finantial monetary gain.... people will start to die.
look up a documentary called "collapse" by Michael Rupert. it is very informative and free to watch on youtube
Gaz S I definitely understand what you are saying but I think large power-plant company's must invest in different energy sources to produce electricity. For example, Elon Musk is doing a great job concealing solar panels as roof coverage.
We need oil, I get that. But we would decrease the amount of oil we are using if there are more electric cars. If we want that to happen, car company's have to make electric driving attractive to everybody that owns a car.
Tesla is making the Model 3, that's a start. But that is just one car from just one tech company.
We can't get over the fact that we need plastics and such. But like I said, I really hope we all can decrease the amount of oil we use...
And let's hope some large company reads this and can make this happen...
Petroleum is more than a fuel
Commodities like asphalt, tires, medicine, lubricants, paints, plastics, nylon, textiles, rugs, adhesives, etc. are made out of petroleum. Fracked petroleum is a very lightweight oil that is only a source of fuel. The US fracked petroleum is exported and the heavy petroleum that our refineries can make all of the non fuel commodities out of is imported. When petroleum is history, the world will be back in the 1880s with wooden wheels, dirt roads, no medicines etc
As a PhD Chemist, I am very concerned about the future for our kids
You are exactly correct
I am also a PhD Chemist and give lectures on “Petroleum, more than a fuel” at ACS meetings
Producing energy from renewable resources is not as much of a problem as storing it, as most of these sources are intermittent.
Either way we should be heavily investing in Renewable energy now. Burning more = Disastrous rises in sea level leading to loss of land and extinction of wildlife such as polar bears who need the ice to hunt and have been losing weight steadily due to shorter winters. We must hold our governments to strict emission targets and therefore force there hand on renewable energy if the economy is to not be damaged.
Conor Fitzpatrick Design all that went out the window here in the states when we elected trump...
+Stuff Done Right I can't believe that even pence is a worse option obviously being in the pocket of energy companies. Why else would a Politician be a climate change denier!
+Stuff Done Right we can't wait 4 years to change this. How can it be done?
Ever heard of natural selection? Adapt or go extinct...
And what those polar bears did to you? Humans are probably only animals that are concerned about survival of threatening predators...
+VytautasLDK Firstly, natural selection and adaptation are two different things. Currently polar bears are so desperate for food now ice is disappearing that many are supplementing their diet by hunting on treacherous cliffs because after winter they have not been able to eat enough to go into hibernation. Do you really think we should eradicate every animal that you would loose a fight with?
Oil is earth's blood think about it
Brian Lunagameni what’s ur point bill
shell kills all the others planet in the universe by drinking their blood and earth is the last one so we need to stop these oil vampires asap or we are fucked im not kidding at all that is the goal of iluminati reptilians
FF7 all over again! If we don't stop Shinra from draining Earth's mako/lifestream we will have to face Omega Weapon!
I am a vampire.
Not even close. It is more like earth's armpit sweat.
I mean, you could technically replicate the process of creating oil with a machine that, by putting in the decomposing organism and compressing it and going through the process etc., makes oil, someone with the said advanced technology and ability to simulate millions of years passing with that technology could make an
oil-dispenser or something
What happens when something dies? It's corpse is consumed until only bones are left. So how do bones turn into oil? Please explain. I don't know where oil comes from but it sure isn't dead dinosaurs.
Seriously?
Need more engineers writing these comments, green energy isn't as simple as it seems.
I have two degrees, physics and mathematics. I can tell you, it is that simple. It’s just not “profitable”. Basically, it doesn’t satisfy an old made up system so we’d rather kill ourselves.
@@user-dr9gs6wh1k how to agree with someone in 4 sentences.
@@tyscof Actually, your mistaking reality and social construct. Science can do it easily, but socially, people don’t really want it. Something being hard to do or “not as simple as it seems” is not the same as people just not wanting it.
@@user-dr9gs6wh1k If you agree with me you can just like my comment. No need to use big sciencey words physics man.
@@tyscof You mean basic English? It's okay to not be right all the time, Tyler. The world doesn't always go our way. A tragedy that your parents didn't prepare you for such a cruel, cruel world.
In the 90s i was told in school that we run out of oil by 2020....
You do realize that it will happen eventually?
I know there are temperature gages around the world monitoring temperature but in reality it's not quite accurate to really gage the real temperature as it fluctuates to much to be correct as the world's temperature changes virtually instant .the hysteria about us going to hell in a handcart is in 500 years we will still be here with a slight change
4:55 opinion- we do not have a sustainable fuel source that can replace oil.