Study Predicts Oil Will Run Dry 90 Years Ahead of Energy Substitutes

GlobeTracker| A new study from UC Davis professor of civil and environmental engineering Debbie Niemeier argues that at the current pace of research and development, global oil will run dry 90 years before sufficient supply of replacement technologies are ready.

Niemeir uses the two key elements of market capitalizations and dividends of publicly owned oil copanies and alternative-energy companies to make her case. Other analysts have used these equations for strategic analysis of future events in finance, politics and sports.

“Sophisticated investors tend to put considerable effort into collecting, processing and understanding information relevant to the future cash flows paid by securities,” said Malyshkina. “As a result, market forecasts of future events, representing consensus predictions of a large number of investors, tend to be relatively accurate.” via Science Daily

We’ve check WSJ but no word yet on this study.