http://perassi.org/2008/06/06/they-call-it-sea/ English scratches and Italian notes written by Carlo Perassi Sat, 22 Nov 2008 15:27:54 +0000 http://wordpress.org/?v=2.6.3 http://perassi.org/2008/06/06/they-call-it-sea/#comment-3959 Carlo Mon, 11 Aug 2008 09:46:34 +0000 http://perassi.org/?p=334#comment-3959 Arun: I'm pleased to have been helpful though I don't understand where your calculation of 150 years comes from (it's far too optimistic). Don't forget that when a finite resource (like oil) is going to its end, the energy (and money and so forth) required to use it increases quickly... so the year of the end is not important as the year of "no more profits from here" (see http://en.wikipedia.org/wiki/EROEI). If you liked this post, you might be interested in reading another one I wrote on this subject: http://perassi.org/2008/07/02/local-maximus-of-oil-extraction/ Arun: I’m pleased to have been helpful though I don’t understand where your calculation of 150 years comes from (it’s far too optimistic). Don’t forget that when a finite resource (like oil) is going to its end, the energy (and money and so forth) required to use it increases quickly… so the year of the end is not important as the year of “no more profits from here” (see http://en.wikipedia.org/wiki/EROEI).
If you liked this post, you might be interested in reading another one I wrote on this subject:
http://perassi.org/2008/07/02/local-maximus-of-oil-extraction/

]]> http://perassi.org/2008/06/06/they-call-it-sea/#comment-3958 Arun Mon, 11 Aug 2008 09:23:58 +0000 http://perassi.org/?p=334#comment-3958 Hi, I really enjoyed the post. I got the answer for my question clearly, if the answer is correct. The oil according to this calculation, the crude oil stock will be zero on not less then 150 years. Hi,
I really enjoyed the post. I got the answer for my question clearly, if the answer is correct. The oil according to this calculation, the crude oil stock will be zero on not less then 150 years.

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