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Politics : Foreign Affairs Discussion Group
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To: Hawkmoon who wrote (105461)7/15/2003 10:57:11 PM
From: Bilow  Read Replies (1) of 281500
 
Hi Hawkmoon; Re: "Does this mean that the world won't run out of oil in the next 30 years (like has be constantly predicted)?"

World consumption is about 75 million barrels per day. So the Iranian discovery is around 6 months worth. But world consumption is still rising, as of 2000. My guess is that eventually the stuff gets real expensive, but that we never really run out of it.

-- Carl
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