This isnt a political statement necessarily...I just thought it was super interesting because we learned about it in O-Chem the other day. Its sorta long, but if you stick with it, I think its really interesting at the end what you can figure out :) (I tried to shorten it up by cutting examples
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We do have some idea:
http://quote.bloomberg.com/apps/news?pid=10000103&sid=aZJydeeqLEHA&refer=news_index
Now, keep in mind, this is only Arabia we're talking about. Mexico recently found a source in the Gulf that is LARGER than the supply in Arabia.
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I always forget that petroleum is also found in plastics and other materials/chemicals. It's a good thing to keep in mind :)
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-Figures come from the Saudis and Exxon Mobile, who dont want us to panic
-The use of "decades",ie atleast 20 years but certainly not centuries
-"New oil fields", "other sources", and "expansions with future technology" all mean oil that right now is difficult or impossible to get, and only when we become more desperate and prices rise higher will these sources become economically feasible. A nice example is deep-offshore drilling or the oil sands in Canada, where acres of sand are dug out, powerwashed and the oil is removed.
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I love that pic, though..
..and forserious there was no reason to bring bush into it at all..
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