Oil, The 4th Renewable Resource by Shawn Ali debunks the myth that oil is not a renewable resource. The book explains that although there is a sufficient supply of oil, prices go up because less oil is refined.
Ali believes that oil companies set prices under an oligarchic model of price competition. Under the Peak Oil assumption, production increases until the supply of oil is exhausted and production ceases.
Hydrocarbons come about at great depths and fill newer reservoirs at shallower depths. Any area with hydrocarbons has greater deposits with deeper drilling according to Ali. About 10 to 20 million bbl of oil were pumped out in the last three decades, yet oil reserves keep on increasing.
Coup oil was patented by Luther and Atwood in March, 1853. At this time, Atwood, Gessner and Merrill were making oils from coal. Their invention proves that the million year biogenic process was incorrect. In addition, Gold proved that hydrocarbons are abiotic. Oil is abiotic and found in igneus rocks. And so, the hydrocarbons are not running out. In fact, commercialization is just beginning.
Ali states that natural gas and coal are in great abundance. In fact, natural gas is the most abundant hydrocarbon on earth. Ali believes that deeper digging will yield much greater deposits of oil and natural gas. The transformation of coal or natural gas to crude oil is accomplished by the Fischer Tropsch process.
In addition, Ali indicates that Saturn’s orange moon Titan has hundreds of times more liquid hydrocarbons than all the known oil and natural gas reserves on earth. This fact seems to contradict the basic assumption that Saturn has little or
no biologic material.
The logistical problem is that a technology like nuclear fusion may be required to travel to Saturn. Once on Saturn, new materials must be in place to acclimate to the environment where lightening bolts can be up to 10,000 times stronger than those on the earth. Harnessing the enormous power of Saturn’s lightening would be a herculean scientific task with many complications like the huge vibrations generated and new materials strong enough to withstand the release of energy.
Oil, The 4th Renewable Resource by Shawn Ali is an excellent scientific resource for showing that earth’s energy resources are not as finite as once believed. In addition, solar energy is the upcoming champion of all renewables.