dcummins wrote:
Some geologists argue that if oil is as common in unsampled areas of the world as it is in those already sampled, our current estimate of reserves that exist underground must be multiplied by a factor of 10,000. From this we can conclude that we can meet the oil needs of the entire world for at least five centuries, even assuming that future consumption grows at an accelerating rate.
The argument is that even we can meet the oil needs of the entire world for at least 500 years even when considering an accelerated consumption rate.
This is based on the geologists argument that oil is as common in unsampled areas as in sampled areas.
Assuming the same amount of oil exists in unsampled areas.
A is incorrect because if the oil isn't accessible then it can't be used as a supply at all. If it is accessible then sure, the argument holds.
Some geologists argue that if oil is as common in unsampled areas of the world as it is in those already sampled, our current estimate of reserves that exist underground must be multiplied by a factor of 10,000. From this we can conclude that we can meet the oil needs of the entire world for at least five centuries, even assuming that future consumption grows at an accelerating rate.
Conclusion: we can meet the oil needs of the entire world for at least five centuries, even assuming that future consumption grows at an accelerating rate.here the geologist assumes a few things, some of which, he himself has talked about here in the question statement.
1. Oil is as common in unsampled (for the sake of convenience let's call this "unexplored") areas of the world as it is in those already sampled(explored or known etc) now this could have been calculated using a simple metric such as volume of oil per square area or something equally logical
2. In order for us to call this newly explored oil resource an oil reserve
it must be accessible to the industry using the extraction methods it has in its arsenal. Here, the author is assuming these unknowns and variables, concluding that the newly sampled oil reserve can last for at least five centuries, etc.
3. What if there is no demand for oil in the world? What if the future oil needs of the world are not calculated well? maybe owing to greenhouse effect and climate consciousness people prefer renewables to conventional fuels such as petroleum. And hence no question of this demand ever getting met by the oil reserves in unsampled areas ..etc
Negation of any of these assumptions breaks the conclusion, assumptions are these must be true statements.
statement A addresses the aspect that deals with the industrial ability to extract the oil found in the newly unsampled areas or unexplored areas etc.
what if we don't have the necessary and efficient technology to extract these resources? here the author assumes that the humans can explore locate drill down and extract etc,
To reach the stated conclusion, the author must assume which of the following?
(A) It is possible to recover the oil contained in unexplored areas of the world(B) The consumption rate for oil will not grow rapidly
(C) Oil will remain an important energy source for at least 500 years
(D) The world will achieve and maintain zero population growth
(E) New technology will make oil discovery and drilling more feasible than ever before