The same mitigation factors are in place
for oil depletion as for global warming — that is a concerted effort to reduce our dependence on hydrocarbons and to plan for alternative energy sources.
I am guessing be prepared
for oil depletion and expensive energy in the future.
Additionally, researchers saw that the water depletion rates for each state in the High Plains Aquifer follow a similar bell - shaped curve pattern as the one
for oil depletion in the U.S. modeled by the Hubbert peak theory.
Not exact matches
With
oil reserves headed inexorably
for depletion, shortages and more wild price swings (like last summer's $ 147 - a-barrel spike) very likely loom ahead.
It is really a full exposition of Hubbert's theories, complete with many graphics of the world energy supply, and his curves of
depletion for coal,
oil and gas.
Unfortunately, fossil fuels are so abundant that resource
depletion is not going to make them too expensive to use, so that emissions fall in time (indeed, resource
depletion of
oil this side of 2050 will mean coal and gas will be used
for synthetic fuels - pushing emissions up even faster that I think the IEA recognise).
If you're building your theory about the future on
oil depletion and permanently high prices, that sets the entire economic frame
for a carbon - free renewable future.
In any case, I and a few others will continue to use mathematical models of fossil fuel
depletion to anticipate what the future production levels of place such as the Bakken formation hold
for oil and natural gas.
The
Oil Depletion Protocol: is a global framework for distributing the world's remaining oil reserves more equitably than free market forces would allow, to avoid resource wars, profiteering and economic collap
Oil Depletion Protocol: is a global framework
for distributing the world's remaining
oil reserves more equitably than free market forces would allow, to avoid resource wars, profiteering and economic collap
oil reserves more equitably than free market forces would allow, to avoid resource wars, profiteering and economic collapse.
... Finally, in spite of
depletion concerns in regards to shale
oil wells — that they burn out fast and furious — they do burn faster upfront but they continue at a «normal» production rate
for up one, two and possibly three decades.
Because the demand
for oil is so high, it will always be higher than production; thus the
depletion rate will continue until all recoverable
oil is extracted.
There are OK data sources
for this long - term function, the best ones coming from
oil depletion analysts.
(The formal reference
for the Uppsala study is «The Study of World
Oil Resources and the Impact on IPCC Emissions Scenarios, Anders Sivertsson, Uppsala Hydrocarbon
Depletion Study Group, Uppsala University, Sweden, www.isv.uu.se/uhdsg".)
Portrayal of concern
for peak
oil as a «chicken little», «Cassandra» and «boy who cried wolf» phenomenon by a credible news source effectively erases what nagging concern or belief about
oil depletion someone had started to foment.
(Take
for example
oil depletion, which has a huge dynamic range, yet no one looks at those numbers.
e.g. See: Global
Oil Depletion: An assessment of the evidence for a near - term peak in global oil production UK Energy Research Centre 2009 Table 3.5 Estimates of production - weighted aggregate decline rates for samples of large post-peak fields (% / year) IEA 5.1 % / year Hook 5.5 % / year CERA 5.8 % / y
Oil Depletion: An assessment of the evidence
for a near - term peak in global
oil production UK Energy Research Centre 2009 Table 3.5 Estimates of production - weighted aggregate decline rates for samples of large post-peak fields (% / year) IEA 5.1 % / year Hook 5.5 % / year CERA 5.8 % / y
oil production UK Energy Research Centre 2009 Table 3.5 Estimates of production - weighted aggregate decline rates
for samples of large post-peak fields (% / year) IEA 5.1 % / year Hook 5.5 % / year CERA 5.8 % / year
Excess of percentage over cost
depletion Expensing of exploration and development costs Alternative (nonconventional) fuel production credit
Oil and gas exception from passive loss limitation Credit for enhanced oil recovery costs Expensing of tertiary injecta
Oil and gas exception from passive loss limitation Credit
for enhanced
oil recovery costs Expensing of tertiary injecta
oil recovery costs Expensing of tertiary injectants
New Guide to
Oil Depletion for Local Authorities Whether it's Boulder, Colorado enacting a carbon tax; Sydney becoming Australia's first carbon - neutral government body; or Somerset County Council becoming the first «Transition Local Authority» in
Community Peak
Oil Training Tour Underway Way back in my early days
for writing
for TreeHugger, I made a prediction
for the year 2007 — arguing that we would see a huge increase in community solutions to climate change and resource
depletion.
This is especially true of the fossil fuel industry, whose subsidies include such things as a
depletion allowance
for oil pumping in the United States.