Risk assessment with the following approach:
1. Identify Risk
2. Assess Impact
Transportation
Food and Agriculture
***Population
3. Assess Probability***
Arguments for a near term peak
Arguments against a near term peak
4. Assign Risk Severity Value
5. Conclusions
Part 1of3
http://www.youtube.com/watch?v=7kWaMPBe7KQ
Part 3of3
http://www.youtube.com/watch?v=iTkuF1TG-UU
Duration : 0:9:55
Risk assessment with the following approach:
1. Identify Risk
2. Assess Impact
Transportation
Food and Agriculture
Population
***3. Assess Probability
Arguments for a near term peak
Arguments against a near term peak
4. Assign Risk Severity Value
5. Conclusions***
Part 1of3:
http://www.youtube.com/watch?v=7kWaMPBe7KQ
Duration : 0:8:28
175-315 Billion barrels of oil are recoverable at $15 a barrel in the Oil Sands of Alberta, Canada. With a remaining potential of 1.7-2.5 Trillion barrels using advanced recovery techniques. Who knows what they’ll discover tomorrow, but we know today, that in Canada’s oil sands alone, the supplies will last over 100 years.
MYTH: The World Is Running Out of Oil (ABC News)
http://abcnews.go.com/2020/Stossel/story?id=1954572
Alberta’s Oil Sands: Facts and stats (Government of Alberta)
http://oilsands.alberta.ca/519.cfm
Analysis: Nuclear-powered oil sands (The Earth Times)
http://www.earthtimes.org/articles/show/46143.html
Oil sands cleanup (Financial Post, Canada)
http://tinyurl.com/6z83dh
Despite Popular Belief, The World is Not Running Out of Oil, Scientist Says (University of Washington)
http://uwnews.org/article.asp?articleid=27554
Its a myth that the worlds oil is running out (The Times, UK)
http://business.timesonline.co.uk/tol/business/columnists/article3823656.ece
Oil, Oil Everywhere… (The Wall Street Journal)
http://www.opinionjournal.com/extra/?id=110006228
Oil Innovations Pump New Life Into Old Wells (The New York Times)
http://www.nytimes.com/2007/03/05/business/05oil1.html
Oil: Never Cry Wolf—Why the Petroleum Age Is Far from over (Science)
http://www.sciencemag.org/cgi/content/summary/sci;304/5674/1114
The World Has Plenty of Oil (The Wall Street Journal)
http://online.wsj.com/public/article_print/SB120459389654809159.html
Thermodynamics and Money (Peter Huber, Ph.D. Mechanical Engineering, MIT)
http://www.forbes.com/free_forbes/2005/1031/122.html
The economic value of energy just doesn’t depend very strongly on raw energy content as conventionally measured in British thermal units. Instead it’s determined mainly by the distance between the BTUs and where you need them, and how densely the BTUs are packed into pounds of stuff you’ve got to move, and by the quality of the technology at hand to move, concentrate, refine and burn those BTUs, and by how your neighbors feel about carbon, uranium and windmills. In this entropic universe we occupy, the production of one unit of high-grade energy always requires more than one unit of low-grade energy at the outset. There are no exceptions. Put another way, Eroei–a sophomoric form of thermodynamic accounting–is always negative and always irrelevant. “Matter-energy” constraints count for nothing. The “monetary culture” still rules.
Additional U.S. Oil Reserves:
- 1.8 to 6 Trillion barrels of oil are estimated in the U.S. Oil-Shale Reserves (DOE)
- 986 Billion barrels of oil are estimated using Coal-to-liquids (CTL) conversion of U.S. Coal Reserves (DOE)
- 100 Billion barrels of heavy oil are estimated in the U.S. (DOE)
- 90 Billion barrels of oil are estimated in the Arctic (USGS)
- 89 Billion barrels of immobile oil are estimated recoverable using CO2 injection in the U.S. (DOE)
- 86 Billion barrels of oil are estimated in the U.S. Outer Continental Shelf (MMS)
- 60 to 80 Billion barrels of oil are estimated in U.S. Tar Sands (DOE)
- 32 Billion barrels of oil are estimated in ANWR, NPRA and the Central North Slope in Alaska (USGS)
- 4.3 Billion (167 Billion potential) barrels of oil are estimated in the U.S. Bakken shale formation in North Dakota and Montana (USGS)
- 3.65 Billion barrels of oil are estimated in the U.S. Devonian-Mississippian Bakken Formation (USGS)
- 1.6 Billion barrels of oil are estimated in the U.S. Eastern Great Basin Province (USGS)
- 1.3 Billion barrels of oil are estimated in the U.S. Permian Basin Province (USGS)
- 1.1 Billion barrels of oil are estimated in the U.S. Powder River Basin Province (USGS)
- 990 Million barrels of oil are estimated in the U.S. Portion of the Michigan Basin (USGS)
- 393 Million barrels of oil are estimated in the U.S. San Joaquin Basin Province of California (USGS)
- 214 Million barrels of oil are estimated in the U.S. Illinois Basin (USGS)
- 172 Million barrels of oil are estimated in the U.S. Yukon Flats of East-Central Alaska (USGS)
- 131 Million barrels of oil are estimated in the U.S. Southwestern Wyoming Province (USGS)
- 109 Million barrels of oil are estimated in the U.S. Montana Thrust Belt Province (USGS)
- 104 Million barrels of oil are estimated in the U.S. Denver Basin Province (USGS)
- 98.5 Million barrels of oil are estimated in the U.S. Bend Arch-Fort Worth Basin Province (USGS)
- 94 Million barrels of oil are estimated in the U.S. Hanna, Laramie, Shirley Basins Province (USGS)
Duration : 0:5:23
175-315 Billion barrels of oil are recoverable at $15 a barrel in the Oil Sands of Alberta, Canada. With a remaining potential of 1.7-2.5 Trillion barrels using advanced recovery techniques. Who knows what they’ll discover tomorrow, but we know today, that in Canada’s oil sands alone, the supplies will last over 100 years.
MYTH: The World Is Running Out of Oil (ABC News)
http://abcnews.go.com/2020/Stossel/story?id=1954572
Alberta’s Oil Sands: Facts and stats (Government of Alberta)
http://oilsands.alberta.ca/519.cfm
Analysis: Nuclear-powered oil sands (The Earth Times)
http://www.earthtimes.org/articles/show/46143.html
Oil sands cleanup (Financial Post, Canada)
http://tinyurl.com/6z83dh
Despite Popular Belief, The World is Not Running Out of Oil, Scientist Says (University of Washington)
http://uwnews.org/article.asp?articleid=27554
Its a myth that the worlds oil is running out (The Times, UK)
http://business.timesonline.co.uk/tol/business/columnists/article3823656.ece
Oil, Oil Everywhere… (The Wall Street Journal)
http://www.opinionjournal.com/extra/?id=110006228
Oil Innovations Pump New Life Into Old Wells (The New York Times)
http://www.nytimes.com/2007/03/05/business/05oil1.html
Oil: Never Cry Wolf—Why the Petroleum Age Is Far from over (Science)
http://www.sciencemag.org/cgi/content/summary/sci;304/5674/1114
The World Has Plenty of Oil (The Wall Street Journal)
http://online.wsj.com/public/article_print/SB120459389654809159.html
Thermodynamics and Money (Peter Huber, Ph.D. Mechanical Engineering, MIT)
http://www.forbes.com/free_forbes/2005/1031/122.html
The economic value of energy just doesn’t depend very strongly on raw energy content as conventionally measured in British thermal units. Instead it’s determined mainly by the distance between the BTUs and where you need them, and how densely the BTUs are packed into pounds of stuff you’ve got to move, and by the quality of the technology at hand to move, concentrate, refine and burn those BTUs, and by how your neighbors feel about carbon, uranium and windmills. In this entropic universe we occupy, the production of one unit of high-grade energy always requires more than one unit of low-grade energy at the outset. There are no exceptions. Put another way, Eroei–a sophomoric form of thermodynamic accounting–is always negative and always irrelevant. “Matter-energy” constraints count for nothing. The “monetary culture” still rules.
Additional U.S. Oil Reserves:
- 1.8 to 6 Trillion barrels of oil are estimated in the U.S. Oil-Shale Reserves (DOE)
- 986 Billion barrels of oil are estimated using Coal-to-liquids (CTL) conversion of U.S. Coal Reserves (DOE)
- 100 Billion barrels of heavy oil are estimated in the U.S. (DOE)
- 90 Billion barrels of oil are estimated in the Arctic (USGS)
- 89 Billion barrels of immobile oil are estimated recoverable using CO2 injection in the U.S. (DOE)
- 86 Billion barrels of oil are estimated in the U.S. Outer Continental Shelf (MMS)
- 60 to 80 Billion barrels of oil are estimated in U.S. Tar Sands (DOE)
- 32 Billion barrels of oil are estimated in ANWR, NPRA and the Central North Slope in Alaska (USGS)
- 4.3 Billion (167 Billion potential) barrels of oil are estimated in the U.S. Bakken shale formation in North Dakota and Montana (USGS)
- 3.65 Billion barrels of oil are estimated in the U.S. Devonian-Mississippian Bakken Formation (USGS)
- 1.6 Billion barrels of oil are estimated in the U.S. Eastern Great Basin Province (USGS)
- 1.3 Billion barrels of oil are estimated in the U.S. Permian Basin Province (USGS)
- 1.1 Billion barrels of oil are estimated in the U.S. Powder River Basin Province (USGS)
- 990 Million barrels of oil are estimated in the U.S. Portion of the Michigan Basin (USGS)
- 393 Million barrels of oil are estimated in the U.S. San Joaquin Basin Province of California (USGS)
- 214 Million barrels of oil are estimated in the U.S. Illinois Basin (USGS)
- 172 Million barrels of oil are estimated in the U.S. Yukon Flats of East-Central Alaska (USGS)
- 131 Million barrels of oil are estimated in the U.S. Southwestern Wyoming Province (USGS)
- 109 Million barrels of oil are estimated in the U.S. Montana Thrust Belt Province (USGS)
- 104 Million barrels of oil are estimated in the U.S. Denver Basin Province (USGS)
- 98.5 Million barrels of oil are estimated in the U.S. Bend Arch-Fort Worth Basin Province (USGS)
- 94 Million barrels of oil are estimated in the U.S. Hanna, Laramie, Shirley Basins Province (USGS)
Duration : 0:5:23
NARRATOR: The company’s name, Zion, was chosen for its numerous biblical meanings. The earliest references to Zion in the Bible refer to the Citadel of Zion on the flank of the lower eastern hill of Jerusalem, in what became known as the City of David. Later the name became associated with the higher western hill of Jerusalem, overlooking the Temple Mount. David’s Tomb and the site of the Last Supper are both located on Mount Zion. In the poetic writings, Zion becomes the equivalent of Jerusalem, the religious capital and spiritual heart of the People of Israel. The name Zion also refers to the People of Israel themselves. After their exile from the Holy Land, Zion has meant to Jews their homeland, together with Jerusalem and the Temple, in all of Israel’s ancient glory. Among Christians, the name Zion is city of God, or the heavenly Jerusalem.
Because of the Christian vision that lies at the heart of Zion Oil, founder John Brown felt that it was necessary for Zion to help give back to those in need, both in the United States and Israel.
ET 09:50
John Brown: tells of charitable foundations;
ET 10:31
Narrator: It might seem like a small international oil company would face a number of challenges operating in a region that often inspires fear and concern as well as a number of questions for investors and shareholders. Will the Israeli government cooperate with an American company? How will political unrest and terrorism affect the future of the project? Will the project be of interest to enough people?
Zion’s Israeli team members Philip Mandelker, Elisha Roih and Dr. Eliezer Kashai use their background and expertise to address these situations on a daily basis. Along with Glen Perry and Zion’s CEO Richard Rinberg, the Zion team utilizes their extensive experience as oil and gas professionals, close ties to government agencies, and their status as full time residents of Israel to maintain relations and fulfill all legal regulations in order for drilling and production to move ahead as planned.
Richard Rinberg: How he became involved, people of Israel, safety.
Narrator: Due to the nature and location of the Joseph Project, Zion has attracted a significant amount of media attention over the past few years. Media coverage has not just been in the United States, nor is it limited to the evangelical Christian community. Media organizations from around the world have taken an interest in Zion’s story and have shared it with their respective communities. In the United States, coverage has appeared in print and television; the Zion Oil story has been told in major newspapers such as USA Today, The Los Angeles Times and the Wall Street Journal. Articles and interviews have also appeared in magazines such as the Oil & Gas Journal and Newsweek. On Television, Zion has been profiled on ABC News Nightline, CBS Evening News, The Christian Broadcast Network, Daystar and The Trinity Broadcast Network.
International coverage has been extensive as well, including stories in Israeli newspapers and magazines such as Ha’aretz, the Jerusalem Post and Yedioth Aharonot and around the world in publications including the Times of London, the Economist and in Norwegian, Swedish and Dutch newspapers. Zion Oil has appeared in television interviews and stories around the globe, from Channel 2 news in Israel, to Reuters, Sky News and CNN International, Dutch & German television news and even coverage in Russia.
Narrator: Success of the Joseph project means something important and unique to those affected by it on every level. To the company and its shareholders success means a profitable return on the investment of time and capital. For the State of Israel, success means a much needed source of fuel and commerce and the possibility of energy independence. For those that will benefit from Zion’s charitable trusts, it will mean support and refuge in times of need. And to people of faith it will be yet another proof that the God of Abraham, Isaac and Jacob remembers His blessings and keeps His promises to the children of Israel.
Richard Rinberg: Marriage of faith & science, meaning and success of project.
Glen Perry: success of project.
John Brown: success of project
Narrator: Whether it is the biblical prophecy that points to the blessings upon the head of Joseph, or the geological study of the structures that lie deep beneath Israel’s surface, there is no doubt that this project is driven by both the passion of true faith and the scientific mind’s desire to discover. Zion Oil & Gas is truly on a quest to uncover the mystery of what lies buried in the rocks and hidden in the scriptures. Perhaps they are one and the same.
End Screen w/ contact info
Duration : 0:8:44