S
StAnastasia
Guest
No major petroleum discoveries have been made in the last thirty years. While it is true that we are not running out of oil, we are approaching the end of oil that is affordable to most people. As human population grows – and particularly in places where the demand from private automobile use grows – the cost of petroleum will skyrocket. Will gasoline be cease to be affordable at $10 per gallon, or $20, or $50?Except we are a long way from running out of oil and gas. Furthermore, this end of oil has been a recurring them going back to the late 19th century, before the automobile arrived on the scene. It was constantly talked about during the 1920s until the discovery of the great East Texas Oil field brought a glut of oil onto the market. Of course there must be a limit. No material is unlimited, but we are no where near the end of “running out.” of fossil fuel. The development of plastics has of course led to a revolution in materials, so that without petroleum, we would be virtually naked until we learned to use cotton and wool–especially the latter-- again. INHO, wool is underutilized. It has many advantages over synthetic materials, especially as fabric science has learned better ways to use it. It has the advantage over cotton of not requiring fertilizer.