Running out of petroleum, this will absolutely happen in Malaysia future. What's the consequence? What's kind of precautionary recommended? Does government aware of this?

errr....who's She? I din know Malaysia got gender......
anyway....start utilizing solar energy....and palm oil

New source of power will be introduce in next 10 years. Maybe we will have stable nuclear powered transportation in few years?

we can always buy petroleum elsewhere.... but no more major source of income for the country

malaysia ada byk lagi field tak develop. So no worries of run out of petroleum, but in declining mode yes it is.

S'wak byk lagi oil field that still not tap especially in rural area (it's on land not sea). For example Marudi area. But a bit hard to transport all oil drilling equipment. No land road and byk bukit and gunung-ganang. But mayb in future, it's possible.
Does govt aware about this oil field? Of course.
Does govt want to aware rakyat about this news? Dont think so. Politic. U know.. Somebody must get benefit 1st.

Maybe M'sia should search more for oil field in other country. Currently, Petronas m'sia own the right to search, explore and tap from the largest oil field in Iraq. It's a good progress.

I think you guys missing the point of TS....

How will the economy gonna be like if/when we run out of petroleum, how are we gonna finance all the projects.....I really hope those in power do have a long term strategy to get around this.

By the time Petroleum is no more around 50-100 years. We all already died.
If current govt plan will continue according it's plan, our country will be modern 1st class country on that time.
M'sia will be industrialized & trading country. Same like Japan at the moment. But country like Japan at that time surely more advance & futuristic.

From what I know, Malaysia still has quite a lot of untapped oil resources. The Earth is round and oil taps is down to R&D and money and politics and so-on-so-forth.

I think the Malaysian Govt is doing what it thinks is right for what is a comparatively-speaking a small country with finite resources (but not oil) in many other areas. "Sustainable future" is a keyword.

Realistically, Malaysia has enough petroleum. Msia can survive wthin next few decades (of course petroleum wont last forever) wt our limited resourse.
If we use all our resource fairly for our development, no doubt one day M'sia can be modern 1st class country.
Japan for example, dont hav a lot national natural resource. But they still can survive. Why dont us?

When I was in university while take Japanese degree. One of my japanese lecturer said "I dont even care if U sell us a tonne of iron for 1 million bugs. I surely U will buy it back from me for millions of dollars more"
What he mean they can create something from iron that come from our country such as mitsubishi lancer. But then we hav to buy from them wt higher price. That's how they can survive..
That's why R&D is important for the country.

since when malaysia becoming iron ore exporter? but i do agree on the japs lecturer...diversity is the IN thing now...not only focusing on one thing...for economic growth...btw, iron is limited resource too...and it came from outer space...not existed when the earth is created...lalalalala...

Yes, Falcon. Petroleum as the main income for Malaysia, losing the main income will definitely result in chain of long term -ve impact to the country.




Whitesurfer, this is the consequence the government should think about now, to prevent public panic in future. This is the main reason I start the topic.

Khusyairi seems optimistic about the issue, hope you're right about more untapped source out there, can sustain for centuries, not few decades only. Everyone/Every country is moving forward and developing, base on Malaysians attitute, does Malaysian excert more than anyone else in the world? It's about rate of development.

Solar energy is an alternative too but not "powerful" enough and practical to substitute petro in near future. Nucluer is the best option and cost effective in long run but polution & waste still remain a major issue. Well, anyone here expect their car a nucluer car? It'll be a super power car too, perhaps.

That's why I am thinking about it. WHat'd happen in Malaysia (only) then?

oil and gas production in Malaysia now is in downward trend...i'm not sure about the resources, but the fact is, the oil and gas production now in downward trends...good topics to be discussed..

this natural resources can last for how long, no one knows.

without this, some nations still ahead of us. so no big deal.

garmen should look into how to draw in foreign investment better la.

Malaysia oil reserves = 20yrs
Brunai oil reserves = 18yrs
Middle East oil reserves = 20 yrs
Brazil oil reserves = 50 yrs.

More will be deepwater (breakeven @90USD per barrel), and move to northpole.

Without oil? Then look at Dubai.

Dont think that gas is going to save us. The gas market just collasped.

Base on the info above, everyone should worry now. My god....50 years the most?

Remember, "no fuel = no electricity", imagine can you live? Can factories operate? Hopefully by the time (in next 20 years) there's alternative and solution, else economy may collapsed, and everyone is back to primitive life.

Running out... still quite long time to go!!
But the most pressing crisis is running short... projected M'sia will become net oil importer starting 2012. When that happens, petronas will have no extra $$ to subsidize the Gov... subsidies (on petrol, sugar, flour, education, healthcare, toll and etc) will eventually disappear... inflation will be high... taxes will be high... Govt deficit will be high... Govt must downsize... Govt projects will decrease...
We can sense that some people r already trying their last ditch effort to make as much $$ as possible b4 the dooms day comes

anyone saw the article abt the outflow of foreign funds from Malaysia being almost that of Russia? We are like the second worst before Russia in terms of Emerging Countries.

Really gets you thinking whether to start drawing up a backup plan.

out of petroleum? then battery powered or back d old days of steam engine if there is something to burn to make steam. nuclear powered car i dont know what will happen if the car have accident. if nuclear power how much water to put inside the tank to generate steam to generate electric and how far can it goes when the water runs out? all nuclear submarine use water to generate steam and run the propeller and generate electric. i'm not sure the reactor will be small in size. and the distilled water to be use if not chlorine will ruin the turbine blade.

lol... first of all, i dont think our petro will run out so soon.. not for a nother 100 years. 2ndly now gov around the world are pushing to go green... we will be seeing more and more electric car and bike to come out.

Hybrid!!!!!!!!!!

Electric motor with water (H20 - hydrogen fuel) !!!!!!!!!!!!! GREEN ENERGY........

By that time Syabas will price our water bill very very high :'(

medowance the no petrol to pay so the petrol money transfer to water bill. hahahahahaha

Historically speaking...countries will go to war for energy.

all i know even if teh petroleum can last us xillion years, i think we shoudl opt for other like nuclear which is more frenly n stabil n lower cost plus work for more household, as for car, full elec n solar...