Green | July 25, 2010 | 0 comments

No Need To Hurry, We Have LOTS of Oil Left

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Wetdog
http://www.energy.eu/#depletion

According to www.energy.eu we don't have to worry. We have LOTS of oil left. Enough to last us another 37 years. IF we don't do something stupid like drilling more wells, or expanding tar sands production, or using petroleum faster.

The EEU calculated how much oil there is left in the world by adding up all of the known oil reserves in the world, then calculated the date and time that the last drop of oil on earth would be used up at the current rate of use(as of Jan, 1, 2010)

The time and date that the last drop of oil is gone will be 20:58 Oct 22, 2047.
(Find the numbers under the tab "depletion" toward the bottom of the page)
Of coarse, if we drill more and use more----the party will end sooner. Take off one year for each 1% that oil production and use expands.
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