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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 ]
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.
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 ...
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%).
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
When oil and gas are burned they release carbon dioxide into the air. Fossil fuels, such as oil, are responsible for 89% of the CO2 emissions. [10] Carbon emissions cause climate change which negatively impacts people's safety by raising sea levels and worsening weather. Oil can also cause oil spills, which pollutes the ocean. [10]
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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 .