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Unformatted text preview: ecline.
- - and no alternatives appear close to filling much of
the increasing gap.
Additionally - - U.S. natural gas production has
flattened, reserves are falling and imports are rising.
The United States, with 5% of the world's population, daily consumes 20 million barrels
(840 million gallons) - - or 25% of world consumption. OIL RESERVES - - DECLINING
(green line) - down about 42% in
30 years to about 20 billion
barrels, while the population
increased 70 million.
NATURAL GAS RESERVES - DECLINING (red line) - - down
36%. to about 30 x 6 = 180 trillion
cubic feet. (note the red curve for
natural gas is in Tcf divided by 6 so
it would fit on the chart with oil..
Tcf = trillion cubic feet)
Oil 10 years
Gas 9 years USA has 25% of world's coal reserves,
equal to 249 years (BP data) at current
production rates Price of liquid gold
Price 18.4 cents per
gallon federal tax
plus state tax
which ranges from
8 cents in Alaska to
32 cents in
14.5 Aug, 2008
$147 2009 Prices/Barrel
2009 Where does the money go?
60 Crude 58% 50
30 Taxes 15% 20 c
Refining 17% Series1 Distr. 10% 10
1 2 3 4 Fossil Fuels: A blip in time…..
Fossil GDP per capita vs Total Energy
Consumption per capita
Consumption 42 gallons / barrel of crude oil Energy
The Environmental Picture Carbon Emission
Carbon IPCC Carbon Emission
Three fourths of
are due to the
fossil fuels; the
rest is caused by
changes in land
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This document was uploaded on 10/30/2013.
- Fall '13