Introduction to Peak Oil – (Lecture Notes in Energy)

Introduction to Peak Oil - (Lecture Notes in Energy)

416kq3dD9bL._SX340_BO1,204,203,200_This book examines the physical and economic characteristics of the global oil resource to explain why peak oil has been so poorly understood. The author draws on information held in oil industry datasets that are not widely available outside of the specialist literature, and describes a number of methods that have been successfully used to predict oil peaks. In contrast to the widely-held view that ‘all oil forecasts are wrong’, these methods correctly predicted the current peak in global conventional oil production. Current oil forecasts are then compared to evaluate the expected dates for regional and global oil peaks for conventional oil, all-oils, and all-liquids. The dates of global peaks in the production of all-oil and all-liquids appear to be reasonably soon, while the oil price that is needed to support these global production levels continues to rise. The world faces serious constraints in its oil supply, which accounts for about one-third of total world energy use, and over 90% of the fuel used for transportation. Readers of this book will gain a thorough understanding of the critical, but poorly understood, phenomenon of peak oil that has already had significant impacts on society in terms of high oil prices, and which will place increasing constraints on mankind’s supply of energy and economic well-being in the coming years.

[embeddoc url=”http://aea-al.org/wp-content/uploads/2016/06/10.1007@978-3-319-26372-4.pdf” download=”all” viewer=”google”]

Related Post

China to host China-CEE leaders’ meeting for... The fourth leaders' meeting of China and Central and Eastern European (CEE) countries will be held in east China's Suzhou city from Nov.24 to 25, the ...
Cashing In On Pieces Of The Caspian Jigsaw The landlocked Caspian Sea is one of the oldest oil producing regions in the world and growing its reputation as a gas producer, but the region poses ...
Bankers Petroleum Ltd. to be acquired by an affili... CALGARY, March 20, 2016 /PRNewswire/ - Bankers Petroleum Ltd. ("Bankers") (TSX: BNK, AIM: BNK) is pleased to announce that it has entered into...
Shell bids to drill two Albanian onshore blocks A venture between Royal Dutch Shell and Canada’s Petromanas has applied to drill two onshore blocks in central Albania close to another promising well...
Gas Pipeline Web Sought to Reduce Russia’s Grip on... European officials on Friday will take a step toward creating a web of natural gas pipelines across the region’s southeast as a way to reduce the thre...
share