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Old 08-18-2023, 04:31 PM   #1681
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Quote:
Originally Posted by Opie View Post
This has been repeatedly proven wrong....we are not running out of oil
https://www.discovermagazine.com/pla...ing-out-of-oil
This is like me saying the gold rush is over, and we are running out of gold, and you saying how we will never run out of gold. And I say, but it takes more and more capital to produce gold, which is why gold production is not as simple as picking pieces off the ground or panning in the river like it once was, which is why production had to be industrialized, yet even industrial scale mining has plateaued.

Unfortunately, it is a truth even echoed by the article, and his rebuttal, while relevant, doesn't dissuade from the fact that we will be running out of oil soon. It is on a scale of decades--not centuries, not millennia--decades.

We will ever run out of oil? Of course not. We can't extract it all or prevent more from being made. There will always be oil, but like the article mentions, either demand will drop, or it will get prohibitively expensive to extract and refine oil, even if demand is high, and people will look to alternatives

Right now, only about 50% of the oil can be extracted: first using natural pressure, second using artificial pressure, and third using artificial pressure and heat to make viscous oil easier to extract, but in the end, the costs to extract go up and up, as profits drop when operational costs increase to extract more oil. Science can't fix the fact that more energy is needed to extract oil, nor can it ignore the fact that any energy they put into extracting more oil might be better put into directly charging batteries and be more profitable to do so.

Part of the issue with technical known reserves is the cost to extract, the water use to extract, and the damage to the environment and human health from fracking. More expensive oil is not exactly going to make people want ICEs when electricity via solar and wind and EVs will be getting cheaper and cheaper.
https://css.umich.edu/publications/f...uels-factsheet

https://energyskeptic.com/2020/oil-d...wer-bloomberg/

Quote:
As you can see, in 2019 the world burned 7.7 times more oil than was discovered, with a shortfall of 31.74 billion barrels of oil to be discovered to break even in the future. This can’t end well, as anyone whose covid-19 pantry is emptying can easily grasp.
Quote:
New discoveries from conventional drilling, meanwhile, are “at rock bottom,” said Nils-Henrik Bjurstroem, a senior project manager at Oslo-based consultants Rystad Energy AS. “There will definitely be a strong impact on oil and gas supply, and especially oil.
As you can see, we are under a billion barrels a year of new discoveries, and only 10% is from fracking or oil sands. We are using over 35 billion barrels per year, but discovering only about 6 billion barrels on average. This is not sustainable, and it gets worse every year.


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Old 08-18-2023, 05:42 PM   #1682
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Old 08-18-2023, 06:13 PM   #1683
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Originally Posted by Dadhawk View Post
Yea, this has almost been as consistent as the prediction of flying cars. "in 15 to 20 years...".

Here's a decent history of those predictions.

I do think we need to get off petroleum, but supply doesn't seem to be a primary driver. If it was, it likely would happen faster.
Some of those predictions were correct. About 43% of the oil we produce is imported, so some of those predictions would have been right if we hadn't increased imports, hadn't developed more fuel efficient cars or didn't find more reserves or creative ways to extract oil. This one was true: in 1970 the US hit peak conventional oil production...

Quote:
1956: Ten to fifteen years until peak oil

"M. King Hubbert of the Shell Development Co. predicted [one year ago] that peak oil production would be reached in the next 10 to 15 years and after that would gradually decline."

— March 9, 1957 Corpus Christi Times (Corpus Christi, TX)
We use about 20 million barrels/day. We are heavily dependent on tight oil extraction at this point. If we didn't have this source then the US would have hit peak production in 1970. Even if we can extract 100% of tight oil from the Bakken Formation, then we have 150 billion barrels to use at 20 million a day is 20.5 years of tight oil left. Hamm states we likely have 24 billion barrels, which is only, which is more oil than all other conventional oil reserves combined. That is a sobering fact considering that is only 3.28 more years of tight oil, and it is the largest reserve. We only have 44.4 billion barrels total, excluding the 0.77 billion barrels of strategic reserves, so we have a total of about six more years of conventional oil reserves left. Time to invade Venezuela.

Now, we have 2.175 trillion barrels of unconventional oil in the form of shale in a waxy substance called kerogen. It is the largest known reserves in the world, and at 100% extraction, it would last the US 300 years at 20 million barrels/day. Shale helps to stabilize oil prices, so as conventional oil reserves drop and prices naturally would increase, shale production can take over. This overall is good for the long term stabilization of the price of oil, and it is good for long term oil production for many products and industries that require oil, but shale production is necessarily more expensive than conventional oil by several factors with conventional costing about $10/barrel and unconventional costing closer to $50/barrel, as a break-even point (not including profits). That could change in the future, and I don't know if this means a gallon of gas would be five times higher if the world only had unconventional oil. If that was the case then demand would plummet, as the world would move off oil. This is the case of us not running out of oil, but running out of affordable oil, which is the same thing. Investment would drop and then supply would drop more.

https://en.wikipedia.org/wiki/Oil_re..._United_States

Quote:
Tight oil

In April 2008, the USGS released a report giving a new resource assessment of the Bakken Formation underlying portions of Montana and North Dakota. The USGS believes that with new horizontal drilling technology there is somewhere between 3.0 and 4.5 billion barrels (480×106 and 720×106 m3) of undiscovered, technically recoverable oil in this 200,000 square miles (520,000 km2) formation that was initially discovered in 1951. If accurate, this reassessment would make it the largest "continuous" oil accumulation (The USGS uses "continuous" to describe accumulations requiring extensive artificial fracturing to allow the oil to flow to the borehole) ever discovered in the U.S. The formation is estimated to contain significantly more—figures in excess of 150 billion barrels (2.4×1010 m3) have been reported—but it is yet uncertain how much of this oil is recoverable using current technology. In 2011, Harold Hamm claimed that the recoverable share may reach 24 billion barrels (3.8×109 m3); this would mean that Bakken contains more extractable petroleum than all other known oil fields in the country, combined.
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Old 08-18-2023, 07:54 PM   #1684
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Quote:
Originally Posted by Irace86.2.0 View Post
Some of those predictions were correct.
As were some of the predictions for flying cars but I still can't get one!

I'm just saying that I believe that we have enough petroleum to get us through what will be a long transition. ICE sold in 2023 (unless requlated off the road) will still be on the road in 2043. Heck, I own two very capable vehicles that are 20 years old and show no sign of needing replacing soon. The versions sold today (a Mustang and a Suburban) would easily be running in 2043.
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Old 08-19-2023, 02:33 AM   #1685
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Quote:
Originally Posted by Dadhawk View Post
As were some of the predictions for flying cars but I still can't get one!

I'm just saying that I believe that we have enough petroleum to get us through what will be a long transition. ICE sold in 2023 (unless requlated off the road) will still be on the road in 2043. Heck, I own two very capable vehicles that are 20 years old and show no sign of needing replacing soon. The versions sold today (a Mustang and a Suburban) would easily be running in 2043.
Get us through a faster transition than you might be thinking—probably faster than the 47 years worth of time we have left of oil, and hopefully we can buy cheap oil from other countries for a while since US supply is so small, or the move to EVs might be even faster. In 12 more years we will hit the 2035 mandate for California, which will change a lot for the country , so at that point around 5% of ICE cars will be replaced per year, which means somewhere around 20-25 years to replace most cars with EVs. Less than 1% of cars on the road are 25 years old or older (1. Conveniently, we will be transitioning to EVs before the world runs out of oil.

You said this previously:

Quote:
I do think we need to get off petroleum, but supply doesn't seem to be a primary driver. If it was, it likely would happen faster.
As I stated, it may be happening within the time we will run out of oil, but if it is happening only for climate change then we have waited quite a while to put words and scientific warnings to action in that tegard, yet here we are kind of doing the same thing with oil—ignoring warnings and suggesting things aren’t so bad. Data seems pretty clear.

At the same time, I can’t say how many times companies and individuals have run their accounts straight to zero requiring bankruptcy despite clear warnings to change their spending habits. How many millionaire athletes have burned through their cash despite having account balances and ledgers to look at? It is rather odd how denial and wishful thinking can’t stop someone from running right off a financial cliff. Seems like we could do that with oil to an extent. Procrastination and denial are natural and predictable.
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Old 08-19-2023, 03:17 AM   #1686
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CATL launches superfast charging LFP battery Shenxing; mass production by end of year

https://www.greencarcongress.com/202...0817-catl.html

Quote:
CATL introduced Shenxing, the first 4C superfast charging LFP (lithium iron phosphate) battery, capable of delivering 400 km (249 miles) of driving range with a 10-minute charge as well as a range of more than 700 km (435 miles) on a single full charge.

CATL also developed a new superconducting electrolyte formula which effectively reduces the viscosity of the electrolyte, resulting in improved conductivity. In addition, CATL has improved the ultra-thin SEI film to reduce resistance of lithium-ion movement.

In addition to achieving 4C superfast charging, Shenxing also achieves long driving range, fast charging over a wide range of temperatures and a high level of safety through structure innovation and leveraging intelligent algorithms.
CATL is the major supplier for Tesla of LFP iron batteries and supplies 35% of batteries with BYD at less than half that, so they do well. These are going into production this year. Things could get interesting. Currently a Model 3 will add 175 miles in 15 minutes, so 250 miles in 10 minutes is a 50% improvement to both. LFP are good batteries in terms of temperature, longevity, safety, etc, so this is big news.

I’m also interested to know more about the superconducting compound. I don’t know if we are really talking about a room temperature superconductor, or if we are just talking something that conducts far better than average.
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Old 08-19-2023, 03:49 AM   #1687
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The name CATL might be familiar for earlier this year when they announced a 500 Wh/kg battery:

CATL launches ultra-high energy ‘Condensed Battery’

https://www.electrive.com/2023/04/19...ensed-battery/

Quote:
CATL is showing novel ‘Condensed Battery’ technology in Shanghai, which claims an energy density of 500 Wh/kg at the cell level. The Chinese battery giant considers it suitable for electric aircraft but also envisions use in road vehicles, with series production to start this year.

Officially referred to as “Condensed Matter” battery, the new cells exhibit high safety and precisely that high energy density, as CATL’s chief scientist Wu Kai stated at the trade show. In the presentation, both a pouch and a prismatic cell with solid housing could be seen.

In physics, “condensed matter” refers to materials in solid and liquid states of aggregation instead of gas and plasma.
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Old 08-19-2023, 10:47 AM   #1688
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Burn more gas, eat more animals and avoid vaccines.
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Old 08-19-2023, 11:28 AM   #1689
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Burn more gas, eat more animals and avoid vaccines.
In order to?
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Old 08-19-2023, 12:07 PM   #1690
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Avoid being french
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Old 08-19-2023, 12:30 PM   #1691
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Avoid being French fries
Being French fries?

But we love French fries in America


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Old 08-19-2023, 12:31 PM   #1692
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Burn less gas, eat less animals and get your vaccines.
I couldn't agree more
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Old 08-19-2023, 01:39 PM   #1693
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Quote:
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CATL launches superfast charging LFP battery Shenxing; mass production by end of year

https://www.greencarcongress.com/202...0817-catl.html



CATL is the major supplier for Tesla of LFP iron batteries and supplies 35% of batteries with BYD at less than half that, so they do well. These are going into production this year. Things could get interesting. Currently a Model 3 will add 175 miles in 15 minutes, so 250 miles in 10 minutes is a 50% improvement to both. LFP are good batteries in terms of temperature, longevity, safety, etc, so this is big news.

I’m also interested to know more about the superconducting compound. I don’t know if we are really talking about a room temperature superconductor, or if we are just talking something that conducts far better than average.
Looks like Tesla and Ford are working to build new battery factories in America specifically to license CATLs LFP batteries, which could mean that the US might be getting this tech in years to come. A 4C battery with 450 miles of range and 10 minute charging to add 250 miles that is more cold weather tolerant and lasts longer with less risk of fires, and that is cheaper and that isn't dependent on rare metals like cobalt would be a game changer.


Tesla Follows Ford To Produce LFP Batteries in the US Using CATL-Licensed LFP Chemistry

https://www.autoevolution.com/news/t...ry-212727.html
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Old 08-20-2023, 04:54 PM   #1694
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I find it hilarious seeing people on this forum running decatted loud cars with low AFR tunes, big turbos, making unnecessary power numbers preaching how all of this political BS is necessary.

I'd be more open to some takes here if the hypocrisy wasn't so high. The Toyota Prius exists for almost 26 years yet some people here willingly bought a sports car (which is not a necessity) and them modded the shit out of it.

Good technology does not need legislation to force people to adopt it. That's a fact.

Forcing everyone to change to EVs against their will is no different then switching all straws to disgusting paper straws that ruin how your coke tastes and feels while doing jack for the environment in a measurable way.
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