war plan for oil transition, Oil Expert Matt Simmons on oil production, oil reserves, the coming energy crisis, depletion, north sea oil, tar sands, natural gas, deceptive practices, the economy, Chavez, US oil policy.
Duration : 0:10:0
Peak Oil – Matt Simmons Part 4
Peak Oil – Matt Simmons Part 6
Oil Expert Matt Simmons on oil production, oil reserves, the coming energy crisis, depletion, north sea oil, tar sands, natural gas, deceptive practices, the economy, Chavez, US oil policy.
Duration : 0:5:32
Collapse: Exxon Mobile warns of Peak OIL
SYNOPSIS: The fine print of The Outlook for Energy: A 2030 View report downplays the potential of oil shale, a misnomer, and Canadian tar sands.
Without any press conferences, grand announcements, or hyperbolic advertising campaigns, the Exxon Mobil Corporation, one of the world’s largest publicly owned petroleum companies, has quietly joined the ranks of those who are predicting an impending plateau in non-OPEC oil production. Their report, The Outlook for Energy: A 2030 View, forecasts a peak in just five years.
However, as with all advertisements, it’s best to read the fine print. ExxonMobil’s world oil production forecast shows no contribution from “oil shale” even by 2030. Only about 4 million barrels of oil per day from Canadian “oil sands” are projected by 2030, accounting for a mere 3.3 percent of the predicted total world demand of 120 million barrels per day. What explains this striking disconnection between the magnitude of the frontier resources and the minimal amount of projected oil production from them? Canadian “oil sands” are actually deposits of bitumen (tar), which are the result of conventional oil degradation by water and air. Tar sands are of a completely different character than conventional oil deposits; making tar sands usable is a capital-intensive venture that requires special procedures such as heating to separate the tar from the sand, mixing the tar with a diluting agent for pipeline transport, and constructing specially equipped refineries for processing.
What all this means is that the petroleum industry is approaching a turning point. Conventional petroleum production will soon–perhaps in five years, ten at best–no longer be able to satisfy demand. For their part, American consumers would do well to take a cue from their Western European counterparts, who enjoy a comfortable lifestyle despite a per capita use of petroleum that is half of that in the United States. The sooner the United States begins this transition away from oil, the easier it will be. That’s a far more attractive option than trying to squeeze oil from stone.
The most serious constraint, though, is natural gas supplies. Production of oil from tar sands requires between 400 and 1,000 cubic feet of natural gas per barrel of oil produced, depending on the extraction method used. Natural gas production, despite a near doubling of drilling activity, is flat or decreasing both in Canada and in the United States–which has prompted prices to triple over the past few years. Given these high gas prices, it almost makes more sense just to sell the natural gas directly rather than use it to produce oil from tar sands.
http://www.google.ca/search?hl=en&source=hp&q=what+is+the+world%27s+largest+oil+company&btnG=Google+Search&meta=&aq=1msx&oq=worlds+largest+oil+company
http://peakoil.blogspot.com/2005/05/exxonmobil-sounds-silent-peak-oil.html
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corn, oil, wheat, lead, copper, manufacturing
gold, silver, lead, zinc, car production.
Duration : 0:9:25
Peak Oil – Matt Simmons Part 1
Oil Expert Matt Simmons on oil production, oil reserves, the coming energy crisis, depletion, north sea oil, tar sands, natural gas, deceptive practices, the economy, Chavez, US oil policy.
Duration : 0:8:2
Peak Oil – Matt Simmons Part 2.
How much oil is there? What is the data? Oil Expert Matt Simmons on oil production, oil reserves, the coming energy crisis, depletion, north sea oil, tar sands, natural gas, deceptive practices, the economy, Chavez, US oil policy.
Duration : 0:6:4
Peak Oil – Matt Simmons Part 5
A war footing for energy, Oil Expert Matt Simmons on oil production, oil reserves, the coming energy crisis, depletion, north sea oil, tar sands, natural gas, deceptive practices, the economy, Chavez, US oil policy.
Duration : 0:4:14
Walking on Oil: Alberta’s Oil Sands
Excerpt from Walking on Oil: Alberta’s Oil Sands from TMW Media
to purchase this title on DVD, go to http://www.tmwmedia.com/albertas_oilsands.html
Summary: Discover the real truth about the biggest oil deposits in the world and the stunning environmental impact of oil exploration in the spectacular scenery of Albertas oil country.
Concerns about the future supply of conventional oil have attracted new attention to the potential yield from “oil sands.” Walking on oil Alberta’s Oil Sands focuses on the Provinces crude bitumen oil sands estimated to be the World’s largest hydrocarbon deposits. According to the World Energy Council, Alberta’s reserves are estimated to stand at least 1,600 billion barrels. Certain experts claim that Alberta’s oil sands contain more petroleum than Saudi Arabia’s oil fields and enough resources to supply Canadas energy for more than 475 years or total world energy needs for up to 15 years. But does the World need this oil resource?
Albertas Oil Sands The Problem and the Conflict: The fuel from the tar sands is thick and heavy and is bound to water and sand. Extraction of the oil and refining it destroys countless miles of irreplaceable forest land and requires enormous amounts of energy and water. Tar sands oil production creates 2 to 3 times as much greenhouse gas as production of conventional oil hence the contribution to global warming. Enormous machinery is used to remove trees, rocks, soil and sand from the earth and once the tar sands are removed, the resulting huge holes in the ground remain along with the toxic water-borne tailings.
As the Greenland ice cap melts (and melting is well underway) it may raise ocean levels by 20 feet, flooding major cities and coastlines worldwide. As a world together, we have to make the right decisions about the extraction and use of Albertas immense oil resource
60 min.
Duration : 0:3:12
Peak Oil – Matt Simmons Part 7
Manhattan Project /Marshall Plan for space, Oil Expert Matt Simmons on oil production, oil reserves, the coming energy crisis, depletion, north sea oil, tar sands, natural gas, deceptive practices, the economy, Chavez, US oil policy.
Duration : 0:7:28
Peak Oil – Matt Simmons Part 3
Data Reform – Oil Reserves, Oil Expert Matt Simmons on oil production, oil reserves, the coming energy crisis, depletion, north sea oil, tar sands, natural gas, deceptive practices, the economy, Chavez, US oil policy.
Duration : 0:8:20