[Gasification] Proven oil reserves are not a measure of futuresupply of world petroleum. It is a well known fallacy in thepetroleum industry to treat them in this way, and it has had serious political consequences.
Greg and April
gregandapril at earthlink.net
Mon Mar 3 18:32:37 CST 2008
While I do not deny that we will eventualy have an oil shortage ( I never
have ) what I do disagree about is that it's going to be by the year 2020.
I also disagree that it's going to be a sharp drop, because things like
synthetic fuel from oil shale and coal are going to start taking up the
slack - simple economics will dictate this.
Indeed I expect that it will be gassification that will eventualy unlocks
oil shale, and while eco-activests talk about how there will be debris from
oil shale opperations, if the material has gon through a gasifier, to remove
the hydrocarbons, then it should be perfect as the aggregate when making
asphalt.
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