NewsForum

     Go!
Prospero Blocks


 

Chat Center

NewsForum Cafe
Topic: Light Chatter
Weekend Trivia
Topic: Around-the-World Trivia

Board Folders

World News: 98801 msgs in 3513 dscns, Latest: 12:53 AMWorld News
98801 msgs in 3513 dscns
Latest: 12:53 AM
U.S. News / Politics: 370971 msgs in 4549 dscns, Latest: 12:41 AMU.S. News / Po...
370971 msgs in 4549 dscns
Latest: 12:41 AM
Top Stories: 225099 msgs in 5097 dscns, Latest: 12:55 AMTop Stories
225099 msgs in 5097 dscns
Latest: 12:55 AM
War / Terror: 56074 msgs in 1317 dscns, Latest: 12:25 AMWar / Terror
56074 msgs in 1317 dscns
Latest: 12:25 AM
The Time Machine: 3367 msgs in 2278 dscns, Latest: Jul-18 The Time Machine
3367 msgs in 2278 dscns
Latest: Jul-18
Minority Report: 54948 msgs in 3994 dscns, Latest: 10:50 PMMinority Report
54948 msgs in 3994 dscns
Latest: 10:50 PM
Law, Crime, Justice: 49928 msgs in 386 dscns, Latest: Jul-23 Law, Crime, Ju...
49928 msgs in 386 dscns
Latest: Jul-23
Religion: 62231 msgs in 240 dscns, Latest: Jul-24 Religion
62231 msgs in 240 dscns
Latest: Jul-24
NewsForum Café: 10364 msgs in 2396 dscns, Latest: Jul-21 NewsForum Café
10364 msgs in 2396 dscns
Latest: Jul-21
Sci / Health / Environment: 14908 msgs in 1704 dscns, Latest: 11:33 PMSci / Health /...
14908 msgs in 1704 dscns
Latest: 11:33 PM
Entertainment: 5527 msgs in 624 dscns, Latest: Jul-22 Entertainment
5527 msgs in 624 dscns
Latest: Jul-22
Your Money: 594 msgs in 126 dscns, Latest: Jul-17 Your Money
594 msgs in 126 dscns
Latest: Jul-17
(Archived) World News: 84914 msgs in 7130 dscns, Latest: Jun-7 (Archived) Wor...
84914 msgs in 7130 dscns
Latest: Jun-7
Staff Section: 13761 msgs in 2763 dscns, Latest: 3:01 PMStaff Section
13761 msgs in 2763 dscns
Latest: 3:01 PM
Sports !: 1906 msgs in 597 dscns, Latest: Jul-23 Sports !
1906 msgs in 597 dscns
Latest: Jul-23
Ukraine (thru June 2014): 581 msgs in 85 dscns, Latest: Jul-13 Ukraine (thru ...
581 msgs in 85 dscns
Latest: Jul-13
Message Area
Sci / Health / Environment

Enviro. May 18 '05 Peak Oil

 Subscribe SubscribeGet a printer-friendly version of this discussion Print Discussion 

#1 of 2

     Posted 5/19/05 2:36 AM   
Sue_N
 
From  Sue_N  Posts 3452  Last 12:11 AM
To  All      [Msg # 196544.1 ]    

What do you think the solution is to peak oil?

Peak Oil

Sooner or later it will happen to every oil-producing country. For some, including the USA and Norway, it has happened already. The point of no return, where you are producing oil at maximum capacity, you've extracted half of the oil, and supplies can only go downhill from now on.

It used to be that experts were confident that there was more oil to be found; it was only economic for oil companies to explore for enough oil to last them for so many years. The rest could wait; it wasn't going anywhere. Now though, due to improved exploration technology, we have a much better idea of what is left. Current proved reserves are enough to last around 40 years. Oil is likely to run out some time this century.

With some kinds of oil field, the oil is at maximum pressure when it is first extracted, and it is very easy and cheap to extract. But as more and more oil is removed the pressure drops, and it gets harder and more expensive to exploit. So not only does less oil get extracted, but it costs the oil companies more. Fortunately for them, demand is continuing to rise, so the price will continue to go up too, at least until it reaches a point where enough alternative energy sources become competitive. But rising demand means that the oil will be used up faster, too. And eventually, it will take more energy to extract the oil than is contained in the oil (Energy Profit Ratio is less than 1).

Oklahoma energy magnate, T. Boone Pickens believes that world oil production has peaked at around 84 million barrels a day. Others agree. It was M. King Hubbert, a geologist, who first pointed out that oil field production tended to follow what anyone who has studied science will recognise as a bell curve. For this reason, peak oil is sometimes known as Hubbert's Peak. Conservative Congressman Roscoe Bartlett did a presentation on Peak Oil in the US Congress on March 14 2005.

With countries such as China increasing their demand, then unless alternatives are found, oil is likely to be an increasing source of strife in the future.

Saudi Leader: Kingdom Can Meet Oil Demand

Saudi Arabia's oil minister expects that his country will be able to meet demand for oil for many decades to come, and will have greater capacity by 2009. Saudi Arabia does not expect to reach their peak output for some time.

Please see the following message for the remaining stories.

Sue [sysop in NewsForum, World Issues, All Animals forums]
 OptionsReply to this Message Reply

#2 of 2

     Posted 5/19/05 2:37 AM   
Sue_N
 
From  Sue_N  Posts 3452  Last 12:11 AM
To  All      [Msg # 196544.2 Message 196544.2 replying to 196544.1 196544.1 ]    

Other Stories

Energy Chief Foresees Nuclear Power Plant

The U.S. Energy Department is to ask Congress to create a $3 billion ($500 million per reactor) insurance pool to cover expenses due to any regulatory delays affecting proposed new nuclear power plants. Energy Secretary Samuel Bodman hopes to see new plants online by 2014.

Climate change pushes N-power back on the agenda

Nuclear power is being touted as a solution for global warming because it does not produce greenhouse gasses. Environmentalists are not so sure it is the right solution. There is a lot more to be discussed when the Group of Eight rich industrial nations meet in Gleneagles, Scotland on July 6.

Once banned, India seeks nuclear help from U.S.

India wants to develop its nuclear power industry to meet the growing energy needs of its booming economy, with America's support.

Protested Bolivia Energy Measure to Pass

Bolivia's new law increasing taxes on foreign oil companies took effect Tuesday in spite of the opposition of the President. Others wanted higher taxes and protesters wanted the industry to be nationalised.

Satellites used to aid vanishing Guatemala jaguars

Global Positioning System (GPS) satellites are being used to track jaguars in Guatemala.

Cellphone technology to track dolphins

Dusky dolphins will be soon wearing a new tracking device that uses cell phone sim cards. The creatures will be tracked as they swim along the South African coast within range of cellphone towers. For animals that stay near the coast and stay above water long enough to get a signal, this should be far cheaper than old satellite technology.

Groups Seek Tougher EPA Rules on Mercury

Environmental groups are planning to support the states who are suing the Environmental Protection Agency to force it to adopt more stringent rules on mercury emissions.

Japan Readies Case for Whaling Resumption

Japan is preparing its case for resumption of whaling in preparation for the International Whaling Commission's annual conference which begins May 27. The vote is expected to be closer this year.

Animal Welfare Activists More Aggressive

Animal rights extremists from the have stolen $20,000 from the wife of a pharmaceutical company executive and given the money to charity, and threatened her from a web site. They are believed to be behind other criminal and terrorist acts. How do you believe that those who believe in animal rights should work towards their aims?

Scientists Unveil Earthquake Forecast

The U.S. Geological Survey has launched a web site allowing California residents to check the likelihood of a tremor in their area over the next 24 hours.

Experts Find New Species of Salamander

A new species of salamander has been identified near the confluence of the Scott and Klamath rivers in the Siskiyou Mountains of southern Oregon and Northern California.

Gender Test for Porcupines Less Prickly

Analysis of DNA from Porcupine quills has proved an effective way of telling a porcupine's gender, much faster than waiting for the animal to grow up.

Hostile Grackles Attack People in Houston

Residents of downtown Houston are being attacked by large black grackles in scenes reminiscent of Alfred Hitchcock's horror movie "The Birds". The birds were defending a chick that had fallen out of the nest.


What do you think the solution is to peak oil?

[Views expressed are those of the author(s) and do not necessarily reflect those of CompuServe, Netscape, any government, agency, or news organization. External Websites are "At Your Own Risk," and no endorsement is expressed or implied.]

Sue [sysop in NewsForum, World Issues, All Animals forums]
 OptionsReply to this Message Reply  Edit this Message Edit  Delete this Message Delete
 Subscribe SubscribeGet a printer-friendly version of this discussion Print Discussion 
Sci / Health / Environment

Enviro. May 18 '05 Peak Oil

  
 
: 
     

Welcome, Sue_N

  • Post a message
  • 1 private message to you
  • New messages to you
  • Log out

Start Search
Advanced Search

Prospero Blocks
 
 
 
 
 
 
 
 
 
 
 
© 2014 CompuServe Interactive Services, Inc. All rights reserved.

Legal Notices | Privacy Policy