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Oil Persuasive Essay

Satisfactory Essays

The world's oil reserve is destined to deplete and expected to peak in 2020 as it is decreasing in volume oil prices will go up, eventually leading to a plateau of oil based production.PErhaps As oil goes 1 barrel will produce 5.8 million BTU, it takes 75 BTU to boil a cup of water. As a substitute for oil I came to ethanol as a solution. if 1 barrel of oil produces 5.8 million BTU a barrel of ethanol will produce 3.5 million BTU. Ethanol could provide roughly 2/3 of the world's energy. But $770,000,000,000 for 11 days of world operation plus the additional 1/3 of energy needed to fill the oil void would cost much more than oil. Ethanol is $70 per barrel versus Oil is $40 per barrel. Is the extra cost worth the renewability? I don't believe …show more content…

Its obvious non renewable resource that will not refill. Nearly everything in the modern world is made with oil in some way. If the reserves deplete gas prices will go up and many people will go without heat and electricity or cars.You can argue that we have time before the reserves deplete but maybe not enough to find a better solution for energy and save oil for things that require it unlike gas arger oil companies are lying about the "vastness" of their fields as a business ploy to scare the competition away. We could make estimates like "only half of what the oil companies present" but we wouldn't know because we can’t measure. As citizens we cannot measure the volume of an oil reserve because that information belongs to the oil company. The only time that information will be released is when the oil is all dried up and the banks and companies have made their profits. The question is can we find a renewable resource to replace oil and find it by the billions of barrels. As it has been researched by Peakoil.com the world goes through a billion barrels a day in less then 11 days. if that is correct the world will need to produce at least 33,180,000,000 barrels of this material per year if it has the same efficiency rate as

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