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 ...
"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
Peak world oil scenarios by the US Energy Information Administration (2004) The United States Energy Information Administration projects (as of 2006) world consumption of oil to increase to 98.3 million barrels per day (15.63 × 10 ^ 6 m 3 /d) in 2015 and 118 million barrels per day (18.8 × 10 ^ 6 m 3 /d) in 2030. [57]
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]).
That oil reserves are dwindling is now becoming acknowledged more widely, especially after the International Energy Agency released the 2008 World Energy Outlook report. [3] Between 2007 and 2008 the IEA changed its figures for projected rate of decline in world energy supply from 3.7% a year (2007) to a projected rate of decline of 6.7% a year ...
Bardi is a researcher on materials for new energy sources, a contributor to the now-defunct website, "The Oil Drum".He is the co-founder and former president of ASPO Italy, a member of the scientific committee of the Association for the Study of Peak Oil and Gas [] (ASPO), [3] a member of the Club of Rome, [4] and author of several books, including The Limits to Growth Revisited.
The Hubbert curve [2] is the first derivative of a logistic function, which has been used for modeling the depletion of crude oil in particular, the depletion of finite mineral resources in general [3] and also population growth patterns. [4] Example of a Hubbert Linearization on the US Lower-48 crude oil production.