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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 ...
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 .
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%).
The oil and gas industry is usually divided into three major sectors: upstream, midstream, and downstream. The downstream sector is the refining of petroleum crude oil and the processing and purifying of raw natural gas, [1] as well as the marketing and distribution of products derived from crude oil and natural gas.
Oil drum may refer to: Drum (container), a cylindrical container used for transporting bulk goods such as oil and fuel; The Oil Drum, an energy discussion website
In an oil and gas production, flash-gas is a spontaneous vapor that is produced from the heating or depressurization of the extracted oil mixture during different phases of production. [1] Flash evaporation , or flashing, is the process of volatile components suddenly vaporizing from their liquid state.
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 .
Currently, between one and five barrels of oil are recovered for each barrel-equivalent of energy used in the recovery process. [43] As the EROEI drops to one, or equivalently the net energy gain falls to zero, the oil production is no longer a net energy source. [44] This happens long before the resource is physically exhausted.