WHY STAY ON OIL?

INTRO

Let's imagine a world in which there is no more oil for internal combustion engines, but a cheap recyclable fuel that only needs a first load and lasts until the engine ends its life cycle. ¿Is it possible? I found the hypothetical answer some twenty years ago and I am a lawyer, not an engineer nor a scientist. I cannot test it because financially I live just at minimal human acceptable condition. But I am sure the core idea is running everywhere and already has been tried by powerful corporations and maybe it is under patent protection so noboby can use it. In my simplistic view, it can be adapted to current engines with a few tweaks, except for jet engines that would require an important new approach. But maybe jet fuel could be based on alcohol with new environmentally improving technologies.

WHY REMAIN ON PETROLEUM?

• Oil is still abundant and more profitable as it becomes harder to extract
• It makes a few Middle East countries powerful and rich
• There are many oil byproducts that are still useful and fortune making, such as plastics, lubricant oils and other which are environmentally poisonous too but very profitable
• The most important reason for oil to stay as the blood of current civilization: The United States is the main oil-technologician and keeps its own in-ground reserve well protected. This guarantees their true world power in case of crisis or planetary war. US reserves are estimated so huge that could keep the world running on gasoline for centuries.

OUTCOMES
One result from this is that the world will keep emitting carbon to the atmosphere and changing our environment into something less oxygenated and more vegetation-oriented by favoring photosynthesis, yet the true effect on plants is uncertain. Will humans easily adapt to a less oxygenated air? Another outcome is that oil derivatives are going to remain expensive so the world will keep growing slowly. Is this good or bad? If the whole planet's economic growth raises a lot, there will be more consumption and waste, but at the same time, better developed countries become more environmentally efficient. So the net outcome of a slowly growing world could be renewable resources exhaustion, at least in poor countries, while non-renewables might expand their availability.

CORE REASONS

I made the assumption that high oil price is leading the world economics to a slowdown. But the true cause for this might be more difficult to attain. Perhaps oil price is part of the answer but automation and robotics, big corporations' over-accumulation of wealth, rich countries too focused on making cars while the market could have reached its limits or people just shifted desire from cars to other things (maybe because of gas prices) or even rich countries might have peaked their enthusiasm for growth and are just bored and not wanting to keep on leading the world. Scarcity of commodities (renewable or not) other than oil could be part of the problem. The economy of information and fun seems not to be creating as many jobs as needed to boost a depressed planetary economy.

More links:
CO2 on plants

http://www.science20.com/chatter_box/why_plants_cant_sequester_excess_co2

http://news.stanford.edu/news/2002/december11/jasperplots-124.html
http://www.skepticalscience.com/Increasing-Carbon-Dioxide-is-not-good-for-plants.html

Oxygen decrease

http://survivalacres.com/blog/oxygen-levels-are-dropping/

http://e360.yale.edu/feature/a_looming_oxygen_crisis_and_its_impact_on_worlds_oceans/2301/

http://www.forbes.com/sites/alexknapp/2012/09/30/carbon-emissions-threaten-the-fishing-industry-by-shrinking-fish-sizes/

On oil
http://en.wikipedia.org/wiki/Petroleum_product

http://www.forbes.com/sites/lorenthompson/2012/12/03/what-happens-when-america-no-longer-needs-middle-east-oil/

http://www.fossil.energy.gov/programs/reserves/index.html 

http://en.wikipedia.org/wiki/Oil_refinery

Aviation fuel

http://www.af.mil/news/story.asp?id=123308337

On economic growth
http://articles.washingtonpost.com/2013-01-23/business/36496291_1_olivier-blanchard-euro-zone-imf-chief-economist