I watched a show last night on Discovery about oil running out... - Page 2 - DiscussWorldIssues - Socio-Economic Religion and Political Uncensored Debate

**bypeTeenehalT** · 07-29-2007, 07:58 AM

Originally posted by Colon™
... so it's silly to argue the current hike (in USD) can be attributed to peak oil. The jacking up of gasoline prices isn't due to crude oil shortages but rather to, once again, refineries closing down, supposedly for accidents and maintenance.

There hasn't been a new refinery built in the U.S. since IIRC 1975.

**BenBoobmers** · 07-29-2007, 06:10 PM

Oil wont have even nearly run out by 2020 AD.

As the price per barrel increases more expensive sources of oil become economically viable. What may be the case of 2020 AD is the end of cheap petrol, but to be honest here in Britain with taxation we're already there.

07-29-2007, 07:58 AM	#21
bypeTeenehalT Join Date Oct 2005 Posts 494 Senior Member	Originally posted by Colon™ ... so it's silly to argue the current hike (in USD) can be attributed to peak oil. The jacking up of gasoline prices isn't due to crude oil shortages but rather to, once again, refineries closing down, supposedly for accidents and maintenance. There hasn't been a new refinery built in the U.S. since IIRC 1975. Share Share this post on Digg Del.icio.us Technorati Twitter
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07-29-2007, 06:10 PM	#22
BenBoobmers Join Date Oct 2005 Posts 388 Senior Member	Oil wont have even nearly run out by 2020 AD. As the price per barrel increases more expensive sources of oil become economically viable. What may be the case of 2020 AD is the end of cheap petrol, but to be honest here in Britain with taxation we're already there. Share Share this post on Digg Del.icio.us Technorati Twitter
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