Comments by "Bo McGillacutty" (@Mrbfgray) on "How Do We Combat Our Dependency On Liquid Fuel? | Ever Wondered" video.

Coal is. Oil is mostly fossil algae. NatGas comes from both. The difference is that "bio-fuels" can be carbon neutral, they remove carbon from the current biosphere before returning it.
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@joewilson2258 NO it's not being replaced but a given well might recharge from surroundings, ultimately wells run lower than profitable and abandon, new tech can get more but in the end it's gone. It took 100's of millions of yr.s to accumulate what we harvest. Dino's and dolphins were not tapping it. You can look at dead algae (microbial life in general) accumulations on the seafloor to estimate how fast it's being generated, bury it deep an cook it for 10's of millions of yr.s and POOF you have more. :D Two of my bros were once underground coal miners, they often came across dino footprints in the shale and found a few dino bone fossils. Old deposits. We are drawing on solar power of the past with fossil fuels, it can't go on forever. But it's all good, options have never been more affordable and oil is easy to duplicate in smaller quantities for rubber tires, plastics, fertilizers, even aircraft maybe, everything except mass energy generation. Worry about peak everything else from metals to fresh water to good soil. AND viable oil has become 10X more abundant since horizontal drilling and fracking tech has surprised us all. Massive oil shales are all over the planet mostly untapped. (pardon ridiculous rant)
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Actually they are investing in them, have been for a long time, they aren't stupid. A subsidiary of Shell has spearheaded a $250M bio fuel plant proposal in Norther California for example for turning 'waste' agricultural cellulose into kerosene, diesel and H.
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@joewilson2258 1st, "oil companies" are not a monolithic entity. 2nd, they are not stupid they know they have to diversify or die. The end of petrol as a valuable commodity is in sight, a couple decades off but coming "soon". Even the Saudi's have said they expect petroleum to have zero marginal value in some 25 yr.s. No coincidence they sold their oil reserves and infrastructure on the open market recently. I don't know anything about your anecdote, no opinion.
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@antinwo3664 Unless you are referring to hydro, solar and wind, there is no such thing as "free energy" and never will be. Those renewalbles will take over but they have a price attached. Dams cost big money to build and destroy rivers and everything in them, wind is becoming cost effective but can be an eye sore and kills bats and birds, solar on one's roof is becoming entirely viable but still expensive and we need to figure out how to recycle the panels and store it for night, etc. (batt packs are becoming affordable) All things considered I think we are clearly heading toward the cleanest cheapest E power ever.
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@praysuguitan779 Thanks Sir! Don't often get that. lol
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@michaels4255 10X is entirely reasonable, sure it's a rough round number but close enough for the point at hand. It has NOTHING to do with promoters, they aren't pushing for competition from China, Euro, Brazil and all the other massive shale formations all over the planet, it's an extrapolation from the astounding success it the US and certainly can be used globally. It's a tech story that hasn't been exported to a significant extent YET. Have you not noticed that the USA is 'suddenly' the largest petrol and NatGas producer on Earth? You can't fake that. Not many yr.s ago Trump's recent Iran attack would have spiked oil well over $100/barrel but not anymore. Why? Because the US can quickly offset any P. Gulf oil disruptions.
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