8 End of Suburbia lecture notes

8 End of Suburbia lecture notes - Hydrocarbon Compounds...

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Hydrocarbon Compounds Compounds of carbon, hydrogen and oxygen Fossil remains of decayed organic sediments Results from the burial and compaction of organic matter under thick layers of inorganic sediments. Millions of years and high temperatures required to create dense energy resources (solid, liquid, and gas).
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What is ‘Peak Oil’? The year that an areas oil production reaches its maximum This implies that half the oil is gone at that time Does not mean “running out” of oil Does mean a decline in production, therefore, a decline in available supply of energy
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Oil facts Known reserves = one trillion barrels World consumption = 27 billion barrels/yr. U.S. reached peak oil production in 1970 By 2010 OPEC will supply 70% of world’s oil Largest known reserves – Saudi Arabia “My father rode a camel, I drive a car, my son flies a jet airplane, his son will ride a camel.”
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As a nation, we currently import approximately 60% of our oil requirement
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8 End of Suburbia lecture notes - Hydrocarbon Compounds...

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