April 28, 2014

Quote of the Day

But thanks to fracking and the shale revolution, peak oil and gas have been postponed. They will run out one day, but only in the sense that you will run out of Atlantic Ocean one day if you take a rowboat west out of a harbor in Ireland. Just as you are likely to stop rowing long before you bump into Newfoundland, so we may well find cheap substitutes for fossil fuels long before they run out. -- "Rational Optimist" Matt Ridley in today's WSJ.
Quote of the Day Posted by John Kranz at April 28, 2014 11:24 AM

Oh. Yeah!

Or, maybe if consumption is reduced too much, we will never run out. If abiogenic origin theories are correct, petroleum is still being produced. If we stop extracting and using it carefully we might again be "Out one day just a shootin' at some food, And up from the ground came a bubblin' crude. Oil that is. Texas Tea."

"Exploiting" petroleum fuels may be the most environmentally conscious thing man has ever done. And since methane is a "greenhouse gas" preventing its natural, uncontrolled venting into the atmosphere by drilling, capturing, refining and combusting, may actually be COOLING the earth.

Posted by: johngalt at April 30, 2014 2:34 PM

Bringing to mind the good people of Santa Barbara, California. Nearby denizens prefer to let the oil seep into their world class beach rather than extract it and relieve pressure.

I like where you're headed. This would be a pretty good SciFi novel: the world switches to cheap cold fusion power; all the animal habitat is ruined by oil because nobody remembers how to get rid of it.

Posted by: jk at April 30, 2014 3:48 PM

Bingo. Let's flesh out a screenplay and split the rights.

Posted by: johngalt at April 30, 2014 4:48 PM | What do you think? [3]