In the form of metaphor we can say
that oil is the lifeblood of the global economy; therefore has a special
significance for all human beings.
In just a few years from the
twenties, oil changed life in the world; of horse-drawn carts the world passed
to automobiles and trucks; from boats powered by sails and coal the world
passed to ships moved by oil, modern aircraft and thousands of new products and
applications generated by the new power source.
The 20th century is the
century of the energy revolution, through oil and then through nuclear energy,
which generated another extraordinary changes for humanity.
But oil is a nonrenewable resource
whose deposits are extinguished. This oil depletion process has already begun
in some regions like the North Sea, parts of Asia, such as Indonesia and also
in America, in the United States and Mexico. To replace conventional oil, the
United States has developed in recent years a new technique, fracking, to meet
their energy needs. The other countries where the oil is coming to an end are
also using this new technology, which environmental effects, especially on groundwater,
attract the attention of environmentalists.
In these six essays I present the
figures of production, consumption and reserves of the countries most affected
by the depletion of oil and related topics.
The following are links to the
documents:
The UK oil will last 4 years more
Mathematical demonstration of the
petroleum depletion
How the UK and Norway has exhausted
their petroleum
The challenge of OPEC is to keep oil
price over $ 100
The fracking is what has prevented
an explosion on oil prices so far
EIA report confirms the forecast of
the book Running Out: How Global Shortages Change Paradigm of the Economy
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