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The Oil Drum was a website devoted to analysis and discussion of energy and its impact on society that described itself as an "energy, peak oil & sustainability research and news site". [1] The Oil Drum was published by the Institute for the Study of Energy and Our Future, a Colorado non-profit corporation. [ 2 ]
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 ...
Global energy consumption, measured in exajoules per year: Coal, oil, and natural gas remain the primary global energy sources even as renewables have begun rapidly increasing. [1] Primary energy consumption by source (worldwide) from 1965 to 2020 [2] World energy supply and consumption refers to the global supply of energy resources and its ...
NEMS accounts for a variety of energy sources used for fuel purposes (heat and power) and feedstock purposes. The primary energy sources and carriers reported in NEMS include crude oil and lease condensate, natural gas plant liquids, dry natural gas , coal , nuclear/uranium, conventional hydroelectric power, biomass, other renewable energy, and ...
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 .
For example, it would require building 32,850 wind turbines or 52 nuclear power plants, each year for 50 years, to obtain in one year the amount of energy contained in one cubic mile of oil. [6] In 2022, Visual Capitalist estimated global consumption of oil translated into a cube 1706 meters on a side (or ~6% longer than 1 mile [1609 meters]).
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
"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