There are theories that petroleum is a by-product of chemical reactions taking place sub-surface and percolating up through the bedrock. It's a theory postulated to explain why tapped out oil fields have been discovered to be filling back up.
http://www.amazon.co.uk/exec/obidos/ASIN/0387985468/026-0122312-6851655 If true, peak oil will have to be redefined as the rate of consumption vs. rate of replenishment. Might not help this civilization, but a few hundred thousand years should be enough to refill the tanks for the next one to emerge after the next ice age / flood / asteroid cleansing. Hopefully they will be prudent enough not to smelt down all the circuit boards in the trash heaps for their precious metal content before they are smart enough to decode our legacy from them. Wow. Sorry about that. Just bummed myself out.... My cynicism valve seems to be stuck in the open position this morning. -john -----Original Message----- From: [EMAIL PROTECTED] [mailto:[EMAIL PROTECTED] Sent: Monday, December 12, 2005 9:05 PM To: [email protected] Subject: DON'T PANIC! http://www.sacbee.com/content/opinion/story/13949592p-14784245c.html Saudi "proven" reserves are shown at 262.7 billion barrels. In 1989, Saudi "proven" reserves were reported at 260 billion barrels. No significant fields have been discovered since then. How does one explain the current reserve? Kuwait's Burgan Field (the second-largest on Earth) has peaked and is in decline. <more> Keep your towel handy. ___________________________________________________ Try the New Netscape Mail Today! Virtually Spam-Free | More Storage | Import Your Contact List http://mail.netscape.com
