Do you think oil

[Taz]

Do you guys think oil is a major resource?
Do you think we can live without oil?

Well me and my retarded friends were arguing about oil being a major resouce and stuff like that but just answer the questions and explain. I said they were major resources.

[C0FFINCASE]

Oil and fossil fuels are of enormous importance. Its definitely a major resource and part of the global economy. The price of gas and such isn't up because there is actually less oil its due to oil producing countries reducing their exports in an attempt to make more money combined with the non-oil producers stockpiling.
As it currently stands its impossible for the world to function in a way you'd recognize without oil. End of story. We could survive but the level of modernization would drop off. The only real way we could continue at even close to our current level would be to switch over to nuclear power and then through that electric power. Still we'd have to make that transition prior to having no oil/fossil fuels because we would be unable to convert without oil/fossil fuels.

[Taz]

Oil and fossil fuels are of enormous importance. Its definitely a major resource and part of the global economy. The price of gas and such isn't up because there is actually less oil its due to oil producing countries reducing their exports in an attempt to make more money combined with the non-oil producers stockpiling.
As it currently stands its impossible for the world to function in a way you'd recognize without oil. End of story. We could survive but the level of modernization would drop off. The only real way we could continue at even close to our current level would be to switch over to nuclear power and then through that electric power. Still we'd have to make that transition prior to having no oil/fossil fuels because we would be unable to convert without oil/fossil fuels.

Thank you coffin! <3 i cant give you rep because "You must spread some Reputation around before giving it to C0FFINCASE again." Bring back thanks!

[rosewill]

Maybe in 20-50 years we will be able to survive without oil, due to alternative energy sources, but at the present time oil rules the world for the most part.

[chowchig]

Maybe in 20-50 years we will be able to survive without oil, due to alternative energy sources, but at the present time oil rules the world for the most part.

In 50 years, it would be possible to survive without oil, but I doubt we'll stop using oil by then. Even if we run out of our current oil supplies, we'll try to get the more expensive and more environmentally damaging oil. One example of this occurring, that I like to use, is the recent popularity in tapping into the Tar sands in Canada, which I hear, is the equivalent of Saudi Arabia of tar sand. This stuff is a lot harder to process and you end up with a lot more useless "gunk".
Still, it would be nice to believe that we could be free of oil someday.

[Souleater]

Within the next 50 years we will be surviving off of sustained nuclear fusion. The life of the oil industry if thriving for now, but will soon be over with. I am working with someone out here who has contacts at CERN and other facilities that are working night and day to advance the REAL effective ways of alternative energy.

I see it as phesable to be running the world on alternative energies within our lifetime, its just when people will pull their heads out of their asses and actually put the right amount of funding into it all.