"Wdtabor" wrote in message
...


I'm not too young to remember, and I have been told we would run out of
oil
within 30 years for as long as I have been alive.


That figure was bandied about by Erhlick's Club of Rome and published in the
book "Limits to Growth." These neo-Malthusians will never admit that they
were wrong. They were wrong. On everything.

The trouble is that the oil companies explore enough to keep a thirty year
reserve in the pipeline. Thus, there is always thirty years left of "known
oil reserves." That is a far cry from saying that there is only thirty years
of oil left in the world.