"A former British Petroleum (BP) geologist has warned that the age of cheap oil is long gone, bringing with it the danger of "continuous recession" and increased risk of conflict and hunger ... conventional oil had most likely peaked around 2008. Dr. Miller critiqued the official industry line that global reserves will last 53 years at current rates of consumption, pointing out that "peaking is the result of declining production rates, not declining reserves. Despite new discoveries and increasing reliance on unconventional oil and gas, 37 countries are already post-peak, and global oil production is declining at about 4.1% per year, or 3.5 million barrels a day (b/d) per year ... We need new production equal to a new Saudi Arabia every 3 to 4 years to maintain and grow supply ... New discoveries have not matched consumption since 1986. We are drawing down on our reserves ... Production of conventional liquid oil has been flat since 2008. Growth in liquid supply since then has been largely of natural gas liquids [NGL]- ethane, propane, butane, pentane - and oil-sand bitumen ... The final peak is going to be decided by the price - how much can we afford to pay? ... If we can afford to pay $150 per barrel, we could certainly produce more given a few years of lead time for new developments, but it would break economies again ... This recession is what peak feels like ... We're like a cage of lab rats that have eaten all the cornflakes and discovered that you can eat the cardboard packets too ... A shortage of oil will affect everything in the economy. I expect more famine, more drought, more resource wars and a steady inflation in the energy cost of all commodities."
Zum Artikel Dr. Nafeez Ahmed, erschienen im Guardian (23. Dezember 2013) »
Zum Video-Interview mit Dr. Richard Miller und Dr. Steven Sorrell zur Sonderausgabe "The future of oil supply" von Philosophical Transactions of The Royal Society (Januar 2014) »
Zur Sonderausgabe "The future of oil supply" von Philosophical Transactions of The Royal Society (Januar 2014) »
Zur Studie von Dr. Richard Miller und Dr. Steven Sorrell "The future of oil supply", erschienen in Philosophical Transactions of The Royal Society (2. Dezember 2013) »
Zur Studie von Prof. David Murphy "The implications of the declining energy return on investment of oil production", erschienen in Philosophical Transactions of The Royal Society (2. Dezember 2013) »
Zum Artikel Dr. Nafeez Ahmed, erschienen im Guardian (23. Dezember 2013) »
Zum Video-Interview mit Dr. Richard Miller und Dr. Steven Sorrell zur Sonderausgabe "The future of oil supply" von Philosophical Transactions of The Royal Society (Januar 2014) »
Zur Sonderausgabe "The future of oil supply" von Philosophical Transactions of The Royal Society (Januar 2014) »
Zur Studie von Dr. Richard Miller und Dr. Steven Sorrell "The future of oil supply", erschienen in Philosophical Transactions of The Royal Society (2. Dezember 2013) »
Zur Studie von Prof. David Murphy "The implications of the declining energy return on investment of oil production", erschienen in Philosophical Transactions of The Royal Society (2. Dezember 2013) »
