Oil Production » global oil production

What is your own prediction regarding oil reserves around the world, will it dry up?

admin — Mon, 15 Nov 2010 03:53:32 +0000

There are two school of thoughts regarding the oil reserves we have now, one is that the oil reserves will still provide 40 years of consumption at the current rate. Two, the alarming prediction that global production of oil is set to peak in the next four years before entering a steepening decline which will have massive consequences for the world economy and the way that we live our lives. Scientist Dr. Colin Campbell, is a former chief geologist and vice-president at a string of oil majors including BP, Shell, Fina, Exxon and ChevronTexaco, the head of the depletion centre, said: "It’s quite a simple theory and one that any beer drinker understands. The glass starts full and ends empty and the faster you drink it the quicker it’s gone." What are we going to do once the oil reserves around the world one by one has dried up esp. in the Philippines we have thousands or millions of cars. What are we going to do with them once there is no more gasoline or diesel to be purchase at the gas station? Its time to make them a kulahan ng damit or bangka when flood comes? I believe in the universal theory that everything that has a beginning, must have an end. Are we going to act only when that time comes? That is why if you remembered, I ask why don’t we produce solar type cars. You said it is expensive and requires a lot of time for research but we are not researching further on other type that will not require the use of fossil fuel. Are we? We are a bunch of people just waiting for the sky to fall on us in order to act immediately but too late actually. Look at what happen to Metro Manila during Ondoy and Peping we were caught flat footed. We absolutely do not know what is happening in our midst or surroundings. This is simply Filipino mentality once again. Who will always brag "it will never happen", but it did. What then? I am concern because we are NOT an industrialize nation, and will probably wouldn’t become one. Some say ako daw iyong "ngawa ng ngawa wala naman ginagawa" well if I have 1 billion dollars I can turn the Philippines around 360 degrees and concentrate on science and technology the only option we have to be industrialize. But I am not rich neither one of you here. I want to do something for the Philippines, naturally because I am a Filipino but think like German, French and Italian, I do not think like Filipino just look around the Philippine section to find out how ppl ask their questions. I’m not your regular run of the mill who ask mediocre questions here. I’ m here to learn not to earn. Nigeria oil reserves will dry up in 2040. What do you think? Thanks for any responses.
So Dr. TJ we have 40-60 years from now until the well dries up, and raising through time finding alternative energy source maybe that is in the US while in the Philippines, ppl are just waiting what the US will do next in the coming 60 years. We do not have research facilities or even funding to gather Filipino inventors and search for ourselves alternative energy in our own turf. This Filipino guy who said that he can turn water into a source of energy he completely disappeared also. Philippines cannot even create a car of its own, like the Koreans did. The problem is also the fewer we get the oil the higher the price it will take because of the scarcity of the sources or places to look for and most importantly the equipments to dig into the ground. We shouldn’t have use fossil fuel in the first place not only polluting the environment creating global change but health hazard to ppl.

The US, Canada and Russia have HUGE natural gas reserves only the ones in Russia are well exploited today.
Light weight reasonably priced very efficient battery technology is nearly here as are effective solar panels. If solar panel technology “output” can continue improving as it is now hydrogen would soon become a reasonable fuel for internal combustion engines. Those in use today can be retrofitted to use hydrogen. “Pollution” from a hydrogen powered engine are H2O and Oxygen.

Is it time for the millitary to protect our oil rigs?

admin — Sat, 13 Nov 2010 06:40:45 +0000

With "global" growth clashing with finite energy aka oil will there be incentive in slowing US oil production so their country can continue growth oh like how about another oil rig explosion.

that’s what is needed on oil rigs, guns and explosives?

Is the BP oil spill just another liberal conspiracy to end production of this country’s #1 energy source?

admin — Fri, 29 Oct 2010 21:34:21 +0000

Should we ignore it, like we do with global warming, and hope that the oil spill takes care of itself?

I see what you’re doing, there.

oil production flare

admin — Sun, 18 Apr 2010 02:27:07 +0000

Kern County Oil Field Pollution and unnecessary Global Warming Emissions

Duration : 0:0:19

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Peak Oil & Climate Change Conference: Path to Sustainability

admin — Thu, 15 Apr 2010 00:51:05 +0000

Gasoline prices are rising. Food prices are rising. Mortgage payments are rising.

Things are getting tight all around.

Global oil exports have peaked, and the world is now entering an unprecedented energy transition that taking the world economy by surprise.

How will declining oil exports impact individuals, businesses, communities and entire nations?

How do economy, energy, and environment relate to each other and foretell the challenges of tomorrow?

Join with a broad array of professionals, community leaders, politicians, and concerned citizens to explore the causes of these economic changes. Learn how the economy responds to climate change, biodiversity loss, population growth and other factors of global importance. Find out what can be done to prepare and build resilience for this uncertain future.

Come to “The International Conference on Peak Oil and Climate Change: Paths to Sustainability”. Featuring over 40 speakers, including high-powered, international presenters Richard Heinberg, Dr. David Goodstein, Megan Quinn Bachman, Julian Darley, Stephanie Mills and Pat Murphy, the uncertainties of economy, energy, and climate will be illuminated in this important and timely gathering.

The event begins on Friday evening, May 30 and continues through Sunday, June 1, 2008. The venue is the Fine Arts Center of Calvin College in Grand Rapids, Michigan. Registration is now open and includes full access to the conference, as well as lunch on both Saturday and Sunday.

Space is limited. Register now for this unique and timely conference on the economy, energy and our environment.

For more information and to register, please visit:

http://www.SustainabilityConference.org

The conference will explore a vast array of issues including: gasoline prices, oil depletion, peak oil, hubbert peak, world oil production, diesel prices, petrol prices, oil exports, petroleum, climate change, global warming, overpopulation, population growth, overshoot, carrying capacity, biodiversity loss, mass extinction, unsustainability, foreclosures, mortgage rates, financial markets, stock market crash, depression, recession, inflation, deflation, stagflation, economic collapse, sustainability, local food systems, the future, renewable energy, permaculture, localization, localism, globalization, relocalization, and much, much more. See the web site for more information. Also available at:

http://www.PeakOilConference.org

Duration : 0:4:44

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World Business: Rainforest Research 19/12/08

admin — Sun, 11 Apr 2010 23:22:13 +0000

World Business: Rubber and Palm oil have been crucial in building Malaysias economy. The crops are not native to the country but through research and development Malaysia became a global leader in the production of both. The research continues today as the country looks to increase yields and find more uses for palm oil; and tap the vast economic potential of the rainforest.

Duration : 0:4:50

[youtube OVP5fYEIOks]

Oil Depletion (Part 4): Shifts in Production

admin — Fri, 09 Apr 2010 01:07:10 +0000

The fourth in a multi-part series which discusses why our traditional view of cheap energy may be changing. This entry discusses how oil production shifted from the United States and a handful of major suppliers to a more plural global network.

For more information, check out my website:
http://www.econoutlook.com

And follow on Twitter:
http://twitter.com/econoutlook

Duration : 0:5:21

[youtube MWvWYpJTkjw]

Oil Depletion (Part 1): Why Depletion Matters

admin — Tue, 06 Apr 2010 01:02:04 +0000

The first in a multi-part series examining our changing energy situation. The first entry introduces the concept of depletion and details why consumers are generally unaware of pending shortages when supplies continue to increase. Future entries explain the mathematical concept of linearization and apply the technique to domestic oil production. The series concludes with a look at global production and limitations of the model.

Be sure to check out my website:
http://www.econoutlook.com

And on Twitter:
http://www.twitter.com/econoutlook

Duration : 0:8:15

[youtube GcgzQMeijXI]

T. Boone Pickens: we peaked last year, globally

admin — Fri, 19 Mar 2010 01:22:13 +0000

Legendary Texas oilman and chair of BP Capital, T. Boone Pickens, holds an impromptu video question and answer session at ASPO Houston with Global Public Media’s Julian Darley and other journalists. Pickens talks about the peaking of world oil production, which he says occurred in 2006. View the entire video interview at GlobalPublicMedia.com

Duration : 0:1:3

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Skill shortage in Oil & Gas industry

admin — Mon, 15 Mar 2010 22:26:08 +0000

The video regards a skill shortage in the global oil & gas industry and how to overcome it by using e-learning courses from Abhisam Software. Visit http://www.abhisam.com/products.htm for details

Duration : 0:0:32

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