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Unknown scenario

Jimmy

King Phenomenon
Whoever’s the last country left with oil reserves, will they share or hoard? Wonder how all that’s gonna play out. Thoughts?
 

exchemist

Veteran Member
Whoever’s the last country left with oil reserves, will they share or hoard? Wonder how all that’s gonna play out. Thoughts?
There are going to be a lot of countries left with oil in the ground that nobody will ever want. Just like the Australians with their coal. So your scenario will never arise. It is out of date.
 

Jimmy

King Phenomenon
There are going to be a lot of countries left with oil in the ground that nobody will ever want. Just like the Australians with their coal. So your scenario will never arise. It is out of date.
So u believe Alternative forms of energy will suffice.
That’s cool
 

Jimmy

King Phenomenon
Yes, they will be made to. Oil companies are already worried that some of their existing exploration assets (oilfields discovered but not pumped out) may never give a return on the investment.
What do u mean by they will be made to?
 

Jimmy

King Phenomenon
Renewables and other non-fossil sources will be made to be sufficient, by government action, I think.
So my scenario isnt out of date because what you’re saying may never happen or in fact may not be possible scientifically.
 

exchemist

Veteran Member
So my scenario isnt out of date because what you’re saying may never happen or in fact may not be possible scientifically.
Well, no it most certainly is possible scientifically. It is just a matter of collective will. As I say, I think we will get there.
 

Jimmy

King Phenomenon
Well, no it most certainly is possible scientifically. It is just a matter of collective will. As I say, I think we will get there.
Just don’t say this scenario will never arise and is out of date until your hopes are realized
 

sun rise

The world is on fire
Premium Member
Renewables and other non-fossil sources will be made to be sufficient, by government action, I think.

Given dropping prices for renewables and technical developments, it will be cheaper than petroleum. And we also have fusion reactors starting to look technically feasible in the intermediate future.
 

Stevicus

Veteran Member
Staff member
Premium Member
Whoever’s the last country left with oil reserves, will they share or hoard? Wonder how all that’s gonna play out. Thoughts?

They'll probably hoard it, and others will look for ways to try to get it.

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The Hammer

Skald
Premium Member
Whoever’s the last country left with oil reserves, will they share or hoard? Wonder how all that’s gonna play out. Thoughts?

We will step away from needing crude oil, so neither.

Renewables are getting cheaper and more efficient by the day.

Synthetic oil is just as/more efficient than the regular stuff to.
 
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