- Joined
- Aug 31, 2001
- Messages
- 65,843
- Location
- South Bend, Indiana (near)
- Tractor
- Power Trac PT425 2001 Model Year
I heard somewhere about 3-4 months ago that oil companies are going back and looking at old, abandoned oil fields that went dry 30-40 years ago and lo and behold... there's oil in them again. They are trying to determine where it is coming from, but some are looking into the possibility that volcanic action deep under these oil fields is somehow producing new oil. It was a complete contradiction of the theory that oil only comes from dead dinos, plants, etc... that we have embraced for all these years. Interesting theory. I wish I could find that on-line somewhere.dmccarty said:I don't expect an answer for my question but I'll throw it out anyways. If oil/hydrocarbons are from old animals and plants how come we find hydrocarbons on other moons/planets? I have never understood this and I have never seen an explanation.
When oil does finally start to run out, whenever that is, its price will start to increase dramatically and other energy technologies will make money sense. It won't be the end of the world.
Later,
Dan