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Scientists challenge major review of global reserves and warn that supplies will start to run out (http://news.independent.co.uk/sci_tech/article2656034.ece)

http://www.cleanmpg.com/photos/data/506/PeakOil.jpgDaniel Howden - The Independent (UK) - June 14, 2007

Scientists have criticised a major review of the world's remaining oil reserves, warning that the end of oil is coming sooner than governments and oil companies are prepared to admit.

BP's Statistical Review of World Energy, published yesterday, appears to show that the world still has enough "proven" reserves to provide 40 years of consumption at current rates. The assessment, based on officially reported figures, has once again pushed back the estimate of when the world will run dry.

However, scientists led by the London-based Oil Depletion Analysis Centre, say that … http://news.independent.co.uk/sci_tech/article2656034.ece

One part of the article that really frightened me was:There are still an estimated 909 billion tonnes of proven coal reserves worldwide, enough to last at least 155 years. But coal is a fossil fuel and a dirty energy source that will only add to global warming.Coal to Gas is interesting but I would hate to see conservation pushed aside while Coal to Gas is fast-tracked and given environmental leanancy since it's a National Crisis.

Time for me to write my rep... Again...

Edit:
Credit to Radio_tec for the article.

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There are multiple reasons to conserve oil, and none to guzzle it.

Take your pick: finite reserves, global warming/climate change, geo-political implications.

Harry

Remember, most of us live in The United States of Amnesia.

Just remembered: with the above affliction, they won't remember. :eek:

Hi Dan:

___A great find and a scary one at that. I was reading a similar article on an EV site a few weeks and we do not have a very pretty picture in front of us at our current consumption, worlds current output and its reserves.

___I thought the following fit well with the above … It was Winston Churchill who once made the following pronouncement and it is just as fitting today as it was then: "In the end, Americans will do the right thing – after exploring all other alternatives." One of these days, we will actually get it. I can only hope we do before it is to late however?

___Good Luck

___Wayne

Looks like The Drudge Report (http://www.drudgereportarchives.com/data/2007/06/14/20070614_001949.htm) picked up this story ("... A World Without Oil ...") and created quite a stir (http://www.moneyweek.com/file/30904/how-peak-oil-went-mainstream.html).

(Credit to Radio_tec)

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