Thread: Gasoline primer
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Old 07-05-2004, 10:05 AM   #12
Troubleshooter
The urban Jane Goodall
 
Join Date: Jan 2004
Location: Florida
Posts: 3,012
Quote:
Originally Posted by Yelof
Thanks for that troubleshooter, I had heard of the "hot deep" theory before.

I have downloaded Gold's 1992 paper and will study it at dept when I have time.

One thing strikes me is if oil is a renewable resource why did oil production in the US peak in 1970 and why has it not recovered yet?

perhaps it is possible that oil is a biotic product but the process of it's biotic creation is slow and reservoirs can be emptied and only refill in timescales that are of no use to Mankind
It could also be a function of market trends or possibly a policy designed to forcibly limit the market or a limitation of production capacity as opposed to available reserves.
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