Making the news today....

[Vespasian]

Yam right R kid. An old boy once said to me, early to bed, early to rise makes a man healthy, wealthy, and wise.

 

Shame I didn't take heed of him.

 

Me to, I've started to go to bed a little earlier and feel better for it..

[aspenarb]

Banning the sale of new petrol/diesel cars in 2040 will be as practical as banning the sale of VHS recorders in 2017. However does send a big message to the industry and I'm sure more countries will follow. Shell is still basing its long term strategy on petrol cars still being all the rage in 2080, I can imagine some of its investors beginning to question that.

 

Once the cost and performance of electric cars overtakes conventional ones then market forces will see the end of fossil fuel cars overnight I think (this is not too far away). How many people who buy new cars would buy a petrol car when it would cost more to buy, cost more to run, cost more to maintain, has a lower range, and lower performance? Maybe some of the Jeremy "I love the smell of the internal combustion engine in the morning" Clarksons, but no way enough for the demand needed to run the production, R&D, etc required.

 

This also applies to HGVs, when you see what the likes of Volvo and Scania are doing.

 

TBF I never said electric cars are fossil fuel free. In France fossil fuels contribute 8.6% of the electricity mix.

 

Frank the trouble with all this emission`s , clean air malarky and leccy vehicles is you are just shunting the overall segments of the fossil fuel chart about , nothing actually changes on a world wide scale. Only around 50% of the oil produced goes into cars and trucks which amounts to 16% of all fossil fuel usage , upping the industrial usage of other fossil fuels to build cleaner transport is a sticky plaster on an axe wound. We in Europe have our heads jammed up our arses on all of this, most of the filth pumped into the atmosphere from the east is done so producing goods for the western world . Renewable,solar and wind account for zilch in the grand scheme of things.

 

Bob

 

Edited July 9, 2017 by aspenarb

[TreeSloth68]

Sent from my iPhone using Arbtalk

[Stubby]

I read somewhere more pollution is released in the manufacture of a car exhaust cat than it ever stops in the lifetime of its use .

[trigger_andy]

That's because in 2040, there will be cock all oil left in the ground and what is there will be blooming expensive to extract!

 

 

There really really is no chance of that happening. So many known and untapped reserves just around Scottish Waters alone would keep up producing for another 50 years.

 

 

Sent from my iPhone using Arbtalk

[Woodworks]

There really really is no chance of that happening. So many known and untapped reserves just around Scottish Waters alone would keep up producing for another 50 years.

 

 

Sent from my iPhone using Arbtalk

 

But as Spud points out it will get more expensive to get out where as solar, wind and storage get cheaper day by day.

[trigger_andy]

But as Spud points out it will get more expensive to get out where as solar, wind and storage get cheaper day by day.

 

 

That's an opinion only and one I don't agree with. He did say the reserves would be depleted and no longer economical to extract.

 

I work in the oil industry and have done so for 19 years. I work in what's called intelligent completions and the advances that have taken place in the last 10 years alone are quite impressive. This has allowed the cost per barrel to fall drastically. It will only continue in this direction.

 

I mainly work in Norway, one of the most expensive countries in the world yet the cost of recovering a barrel of oil is drastically lower that even the UK who we share the North Sea with and have much lower wages etc. This is due to a number of reasons but significantly down to their use of tech.

 

 

 

 

Sent from my iPhone using Arbtalk

[Woodworks]

That's an opinion only and one I don't agree with. He did say the reserves would be depleted and no longer economical to extract.

 

I work in the oil industry and have done so for 19 years. I work in what's called intelligent completions and the advances that have taken place in the last 10 years alone are quite impressive. This has allowed the cost per barrel to fall drastically. It will only continue in this direction.

 

I mainly work in Norway, one of the most expensive countries in the world yet the cost of recovering a barrel of oil is drastically lower that even the UK who we share the North Sea with and have much lower wages etc. This is due to a number of reasons but significantly down to their use of tech.

 

 

 

Sent from my iPhone using Arbtalk

 

Thanks Andy. Didn't realise it was getting cheaper to get out. Knew there was new ways to get to tricky reserves but thought it came at a cost. Every days a school day

[skyhuck]

The stone age did not come to an end because we ran out of stones.

[Vespasian]

That's an opinion only and one I don't agree with. He did say the reserves would be depleted and no longer economical to extract.

 

I work in the oil industry and have done so for 19 years. I work in what's called intelligent completions and the advances that have taken place in the last 10 years alone are quite impressive. This has allowed the cost per barrel to fall drastically. It will only continue in this direction.

 

I mainly work in Norway, one of the most expensive countries in the world yet the cost of recovering a barrel of oil is drastically lower that even the UK who we share the North Sea with and have much lower wages etc. This is due to a number of reasons but significantly down to their use of tech.

 

Sent from my iPhone using Arbtalk

 

Putting aside new techniques, the fact remains oil fields follow a classic Hubbert Curve..

 

Production rises, reaches a peak then declines... The North Sea is in decline..

 

What happens in the North sea happens to every other oil field in the world.. new tech or no new tech.. most of the worlds oil produces have now passed peak..