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The world’s oil reserves may last for an extra 21 years if estimates of an additional 550 billion barrels of oil yet to be discovered are taken into account. But “a permanent decline in global oil production is virtually certain to begin within 20 years”. Hatfield believes, “Serious planning is needed to deal with the economic consequences.” Hatfield’s comments, which appeared in an article in the latest issue of the weekly science journal Nature says Hatfield’s comments are too alarmist. Mr. Julian Chisholm, a spokesman for the World Energy Council in London, a consortium of the world’s leading energy suppliers, says the oil industry is bullish. The general view of the industry and of energy suppliers, says the oil industry and of energy experts is that there is plenty of oil, and real concern about the level of 101. Unless consumption is reduced, the oil reserve will run out by the middle of 21st century.
Special dialects or jargons are necessary in technical discussion of any kind. Being universally understood by the devotees of the particular science or art, they have the precision of a mathematical formula. Besides, they save time, for it is much more economical they save time, for it is much more economical to name process than to describe it. Thousands of these technical terms are very properly included in every large dictionary, yet, as a whole, they are rather on the outskirts of the English language than actually within its borders. Different occupations, however, differ widely in the character of their special vocabularies. In trades and handicrafts and other vocations like farming and fishing that have occupied great numbers of man from remote times, the technical vocabulary his own vocabulary. The special dialects of law, medicine, divinity and philosophy have become familiar to cultivated persons.