• 4 minutes Pompeo: Aramco Attacks Are An "Act Of War" By Iran
  • 7 minutes Who Really Benefits From The "Iran Attacked Saudi Arabia" Narrative?
  • 11 minutes Trump Will Win In 2020
  • 15 minutes Experts review Saudi damage photos. Say Said is need to do a lot of explaining.
  • 4 hours Ethanol is the SAVIOR of the Oil Industry, Convenience Store Industry, Automotive Supply Chain Industry and Much More!
  • 8 mins Ethanol, the Perfect Home Remedy for A Saudi Oil Fever
  • 4 mins Let's shut down dissent like The Conversation in Australia
  • 4 hours Instagram Now Banning Photos Of People At Gun Ranges, Claiming They Promote "Violence"
  • 10 hours Famous Manufacturer of Anti-Ethanol Additives Proves Ethanol's Safety and Benefits
  • 16 hours Collateral Damage: Saudi Disruption Leaves Canada's Biggest Refinery Vulnerable
  • 22 hours Hong Kong protesters appeal to Trump for support.
  • 22 hours Saudi State-of-Art Defense System looking the wrong way. MBS must fire Defense Minister. Oh, MBS is Defense Minister. Forget about it.
  • 12 hours One of the fire satellite pictures showed what look like the fire hit outside the main oil complex. Like it hit storage or pipeline facility. Not big deal.
  • 7 hours US and China are already in a full economic war and this battle for global hegemony is a little bit frightening
  • 12 hours Trump Accidentally Discusses Technology Used In The Border Wall
  • 15 hours Iran in the world market
Alt Text

Saudi Aramco: We Never Asked Iraq For Extra Oil

Saudi Arabia’s oil giant Aramco…

Alt Text

Aramco’s Oil Disruptions Could Last Months: Analyst

Energy Aspects’ chief oil analyst…

Al Fin

Al Fin

Al Fin runs a number of very successful blogs that cover, energy, technology, news and politics.

More Info

Premium Content

Peak Oil Infographic – A Clear Picture of Where we Stand with Fossil Fuels

The below infographic takes an unbiased look at the current situation with peak oil, oil consumption and declining fossil fuel reserves.

Peak oil

Source: CarSort

This graphic presents a conventional viewpoint of peak oil, but without most of the doomerism. If one looks over the numbers presented here with the knowledge that CO2 hysteria is scientifically unfounded, and that most of the problems listed are already on the way to being circumvented, the overall picture looks quite good -- for the near to intermediate term.

We should always remember that our long term goal is to replace combustion technologies with more advanced technologies which are sustainable on the time scale of millions of years at least. At this point, of all the large scale power technologies, only advanced nuclear technologies qualify as sustainable on those scales.

That is not to say that better solar and geothermal technologies will not be developed. No one can make such predictions with certainty. But the universe itself is powered largely by nuclear reactions -- and other more esoteric forces and energies yet to be discovered. That is the direction we need to be looking.

In the meantime, the available fossil fuel resources, bioenergy resources, and nuclear fission resources available, should see us through.

By Al Fin




Download The Free Oilprice App Today

Back to homepage



Leave a comment
  • Anonymous on October 04 2011 said:
    I strongly suggest that the readers and editors of this article read the following book: "The Deep, Hot Biosphere: the myth of fossil fuels" by Dr. Thomas Gold, professor emeritus of physics at Cornell University. If Gold's contention is correct, and I believe that it is, we have no end of this resource. It appears, for example, that old fields in Oklahoma, are now slowly but surely filling back up again. More shrubbery, more dinosaurs? I sincerely doubt it....
  • Nick Morris on April 02 2012 said:
    Hey Al,

    I can agree with a little less doomerism. But this goes much too far in my opinion.

    First, there is undeniable proof that we have been having very dire effects on our planet. We have lost thousands of species of animals in the past 100 years due to our destructive appetite for more of everything we can make and sell. By telling people to not worry, we'll get through this, and that the sky won't fall would be ironic if it wasn't so wrong. The o-zone layer is deteriorating, and this will directly cause more skin cancer worldwide. Rain has steadily became more acidic as we pollute our air more than ever before. The real question is, how close are we to the point where somebody gets drunk and shoots off a couple of nukes into the sky?

Leave a comment




Oilprice - The No. 1 Source for Oil & Energy News
Download on the App Store Get it on Google Play