PolSci175_Peak_Oil - PS175 07:09 Problem2:PeakOil...

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PS 175 07:09 Problem 2: Peak Oil Hydrocarbons o CH4, C3H8, C4H10 Organic material Depth: 7,500 – 15,000 feet o Temp. 180 – 295 F Little or no oxygen Oil trap over source rocks Cook for 1 million years Result: World Oil supply is limited U.S. Energy Consumption 2009 Petroleum – 37% Natural Gas – 24% Coal – 21% Nuclear – 9% Biomass – 4% Hydroelectrc – 3% Wind, Geothermal, Solar, Electric Import < 1% Predicting World Oil Supply US Geological Survey (USGS) surveys fields and evaluates reports from  companies and other nations Hubbert’s method assumes a normal curve for production over time Oil categories
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Proved reserves Likely reserves Unrecoverable Recovery Slant Drilling, pumping carbon dioxide The Question of Saudi Oil Production Oil analyst Matthew Simmons argues that Saudi Arabian reserves are 
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This note was uploaded on 08/25/2011 for the course POL SCI 175 taught by Professor Staff during the Fall '10 term at UCSB.

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PolSci175_Peak_Oil - PS175 07:09 Problem2:PeakOil...

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