Peak oil is not about running out of oil. World wide large amounts remain. But that oil is expensive & difficult to get at. Peak oil is essentially about declining rates of extraction. Some time this decade, according to the best estimates, world wide rate of extraction will reach a peak, may plateau, but will ultimately begin to decline. Unconventional sources will not be able to make up for this decline.
http://www.postpeakliving.com/blog/prepared-peak-july-04-2012#struggle
Giant oil filed decline rates & their influence on world oil production
http://www.postpeakliving.com/files/shared/Hook-GOF_decline_Article.pdf
Peak denial
http://www.postcarbon.org/blog-post/985668-peak-denial
/ peak oil unconventional tar sands shale fracking water steam contamination mine open cut quarrying quarry geology economics politics rate extract extraction difficult expensive current new fields Brazil Argentina heavy crude untapped fields Iraq Saudi Arabia giant supergiant world economy contract decline /
No comments:
Post a Comment