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Enough Oil 'For At Least 30 Years'

By jennifer
May 28, 2008

AUSTRALIA'S rural economic forecaster has challenged predictions the world is about to run out of oil, saying it has enough to last at least another 30 years.

ABARE executive director Phillip Glyde told a Senate estimates committee that the peak-oil school of thought, which holds that reserves are near depletion, was wrong.

The Australian: There's enough oil 'for at least 30 years'

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Comments

  1. Ref: http://en.wikipedia.org/wiki/Ammonia
    Ammonia fuel: the key to hydrogen-based transportation MacKenzie, J.J. Avery, W.H. World Resources Inst., Washington, DC;

    Ammonia (NH3) is a high octane fuel (110) that can replace CO2 producing fuels in automobile transportation.
    It shares with hydrogen the virtue of yielding only water and nitrogen as combustion products when burned in internal combustion engines but avoids the packaging, safety and logistic problems of using hydrogen fuels in motor vehicles.
    Ammonia can be stored under moderate pressure at ambient temperatures. (Its physical properties are closely similar to those of liquid propane.) It can be packaged in a volume compatible with present automobiles. It is used as a fertilizer in quantities of over 100 million tons per year so that facilities for its storage, safe handling, transportation and distribution are available worldwide. It could be an economical replacement for gasoline if the foreseen costs of air pollution and global warming caused by fossil fuels are included in the economic evaluation

  2. To Louis Hissink:
    Thank you for providing the direct link to your point by point refutation of Dr. Clarke's "final" check list. It's convincing, with supporting citations, with many by direct links to the citations.

    J.F. Kenney is the leading abiotic oil geologist in the United States. His work has never been refuted in a rigorous scientific analysis.

    Thanks, for the "oceanic crust is continental" documents, that sets the stage for big breakthroughs in oil exploration and production.

    And goes together well with the "mad scramble" by governments to get control of ultra-deep ocean floor for oil exploration.

    The "Peak" people are misinformed or worse.

    For those still objecting to abiotic oil, please read Mr. Hissink's refutation of Dr. Clarke's statements.

    For website devoted to abiotic oil, please Google Oil Is Mastery. This website has the best catalog of direct link scientific papers and news articles, and oil industry information regarding abiotic oil on the web that this writer knows.

    The science is hard, rigorous, and copious supporting abiotic oil.

    See for yourself -- "Peak" oil is not science.

    Abiotic oil is hard science. Oil Is Mastery.

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