‘Oil will run out 100 years before new fuels are developed’: study

Nov 16th, 2010 | By | Category: Featured Story

The world will run out of oil around 100 years before replacement energy sources are available, if oil use and development of new fuels continue at the current pace, a US study warns.

Researchers at the University of California, Davis (UC-Davis) used the current share prices of oil companies and alternative energy companies to predict when replacement fuels will be ready to fill the gap left when oil runs dry.

And the study’s findings weren’t very good for the oil-hungry world.

via AFP: Oil will run out 100 years before new fuels developed: study.

For more information about how to live if and when we do run out of oil, visit the website of Transition Greater New Haven.

Be Sociable, Share!
Tags: , ,

Leave a Comment