Search results
Results from the WOW.Com Content Network
The Oil Drum was published by the Institute for the Study of Energy and Our Future, a Colorado non-profit corporation. [2] The site was a resource for information on many energy and sustainability topics, including peak oil, and related concepts such as oil megaprojects, Hubbert linearization, and the Export Land Model.
The Export Land Model, or Export-Land Model, refers to work done by Dallas geologist Jeffrey Brown, building on the work of others, and discussed widely on The Oil Drum. [1] It models the decline in oil exports that result when an exporting nation experiences both a peak in oil production and an increase in domestic oil consumption. In such ...
Energy supply is the delivery of fuels or transformed fuels to point of consumption. [ citation needed ] It potentially encompasses the extraction , transmission , generation , distribution and storage of fuels .
Primary energy sources are transformed by the energy sector to generate energy carriers. Energy resources must be processed in order to make it suitable for final consumption. For example, there may be various impurities in raw coal mined or raw natural gas that was produced from an oil well that may make it unsuitable to be burned in a power ...
With the dawning of the so-called Atomic Age many observers in the mid-20th century believed that the Oil Age was rapidly coming to an end. [10] The rapid change to atomic power envisioned during this period never materialized, in part due to environmental fears following high-profile accidents such as the 1979 Three Mile Island accident, the 1986 Chernobyl disaster and the 2011 Fukushima ...
Oil accounts for a large percentage of the world's energy consumption, ranging from a low of 32% for Europe and Asia, to a high of 53% for the Middle East. Other geographic regions' consumption patterns are as follows: South and Central America (44%), Africa (41%), and North America (40%).
In energetics, a primary energy source (PES) refers to the energy forms required by the energy sector to generate the supply of energy carriers used by human society. [6] Primary energy only counts raw energy and not usable energy and fails to account well for energy losses, particularly the large losses in thermal sources. It therefore ...
"Hubbert's peak" can refer to the peaking of production in a particular area, which has now been observed for many fields and regions. Hubbert's peak was thought to have been achieved in the United States contiguous 48 states (that is, excluding Alaska and Hawaii) in the early 1970s. Oil production peaked at 10.2 million barrels (1.62 × 10 ^ 6 m 3) per day in 1970 and then dec