Resource reserves anot total in-place (Abundance of fuels, especi Forum: SSI-List
Thread: Resource reserves anot total in-place (Abundance of fuels, especi
# 22323 byhitssquad on March 23, 2009, 8:25 p.m.
Member since 2022-08-22
> I think the Department of Energy must be referring to conventional oil reserves
http://www.runet.edu/~wkovarik/oil/
"THE OIL RESERVE FALLACY
Proven reserves are not a measure of future supply"
An oil reserve figure is not the same thing as an in-place figure. The total oil in-place is currently estimated to be 2.1 quadrillion barrels, or ~70,000 years' worth at current consumption rates.
> Of course, if Thomas Gold was right, and oil is abiogenic
Off topic.