Columnist George Will wrote that little Titusville, Pa., may have had more to do with the making of the modern world than any great city. Because it was in Titusville that, 150 years ago (August 27, 1859), Edwin Drake drilled and found oil 69 feet below the surface. And then, in 1901, a well named for a small East Texas hill, Spindletop, "began gushing more per day than all other U.S. wells combined."
But the point of his article is that from early on people have been predicting we were going to run out:
In 1914, the Bureau of Mines said that U.S. oil reserves would be exhausted by 1924.
In 1939, the Interior Department said that the world had 13 years’ worth of petroleum reserves.
Then again in 1951 the Interior Department said the world had … 13 years of reserves left.
In 1977, President Carter said mankind could use up all of the world’s proven oil reserves by the end of the next decade. "Since then," Will wrote, "the world has consumed three times more oil than was then in the world’s proven reserves."
People don’t know the future. Only God does. We should trust Him to guide us.
We can entrust our future to God’s hands.
It is a mistake to trust man’s wisdom. God’s Word, the Bible, is our reliable source for wisdom.
Reference: George Will, "Awash in fossil fuels," jewishworldreview.com (11-22-09)