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The End of Planet's Oil Reserves Approaching?

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  • The End of Planet's Oil Reserves Approaching?

    According to estimates from the late 1990s the world had 40 years worth of oil left. These projections might have not anticipated the exponential industrialization and commercialisation of India and China. The actual time left might prove to be less than 40 years and the shortages could be felt soon. Some claim the current oil prices is the beginning of the end.

    What happens to the world when the oil runs out? Are we making any preparations in case it runs out?

    http://money.cnn.com/2004/05/20/mark...ex.htm?cnn=yes

    "Artillery adds dignity to what would otherwise be a ugly brawl."
    --Frederick II, King of Prussia

  • #2
    Well, on this topic I like to quote a friend of mine:
    The natural resources last either 20 or 200 years, depends who pays the bil of the research institute.
    "A platoon of Chinese tanks viciously attacked a Soviet harvester,
    which was peacefully working a field near the Soviet-Chinese border.
    The harvester returned fire and upon destroying the enemy
    returned to its home base."

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