|
Peak Oil 
The concept of peak oil is based on the geology of oil reservoirs and the fact that oil reservoirs are non-renewable resources. The term “Peak” refers to the point on the consumption curve where 50% to 55% of the oil has been depleted.It is at this point that the well, field, region, or world has reached the point of maximum production. Reaching the peak oil point does not mean that oil production stops. It does mean that one has reached the point where further increases in production are no longer possible. On the “downside” of the peak, production has actually started to decline. The United States consumes about 21 million barrels of petroleum every day. About 85 million barrels a day is produced in the entire world. The US thus consumes about a fourth of the supply, even though it has only 5 percent of the world's population. The US only produces about 7.5 million barrels a day, so it has to import some 13 million. Spending Vs Spending Nearly a fourth of US dwellings completely lack insulation, and the majority of others have old style windows that radiate away energy. Poor, irresponsible governmental policy making has not given tax incentives for putting in insulation and upgrades on old buildings.Do You Want To RUN YOUR CAR ON WATER? Compare this to Germany, after the Berlin Wall fell, the first thing the West German government did, was poor in hundreds of millions of Euros in subsidies into the former East Germany, for new roofing and double glazing on windows, all in an effort to reduce energy costs.The US could have saved millions of barrels a day by implementing cost saving strategies. The reason for the Iraq War has become and been made all too clear. If the level of responsibility was more in tune with the public and not a select few, the world would be a much safer place. Trust and Stability What has become apparent is that Dick Cheney's desperate bid to grab Iraq for US petroleum corporations and for proprietary contracts to supply the US is backfiring big time. Instead of reducing the importance of Saudi Arabia, Cheney and the Neo-conservatives have magnified it.Instead of bringing Iraq on line as a stable supplier of crude oil they have actually reduced the average production from Iraq as compared to the days of the UN sanctions on Saddam! By making sure the US has special access to Gulf petroleum through military means, Cheney and his friends have destabilized the key energy-producing regions of the world. Sounds like a disaster, doesn't it! Peak Versus Plateau, The Shape of Oil To Come Our future is highly dependent on the way in which worldwide crude oil production is going to decline. If it goes rapidly, declining with a few percent or more each year, then it will be very difficult to complete the energy transition without severe economical consequences. If production stabilizes and plateaus for a decade or longer, after which the period of long decline begins, it would provide much greater means to sustain the present economy. Stability is needed to scale up alternative sources of energy sufficiently to replace crude oil during a transition period of decades.Go To - CLIMATE CHANGE Home Page Our Planet Peak Oil Climate Change Global Warming Renewable Energy Citizenre' Dalai Lama Tips On Budgeting Debt Reduction Goal Setting Leveraging Service Pros Health Healthy Products Emotional Guidance System Stress TM Risk About MeNaturally Attract Abundance!
|
