This paper contains a very detailed look at sources of petroleum, from both a geographic and technological standpoint. It also delves into the variables that will determine when the inevitable peak in oil production will occur, while laying out the arguments given by both late and early toppers.
This paper gives an indepth look, based solely on numbers, at the sources of energy that power modern civilization. Locations of reserves, production estimates, and consumption rates of oil, coal, and natural gas are all discussed here, as are alternatives sources such as wind and solar.
In contrast to a widely discussed theory that world oil production will soon reach a peak and go into sharp decline, a new analysis of the subject by Cambridge Energy Research Associates (CERA) finds that the remaining global oil resource base is actually 3.74 trillion barrels -- three times as large as the 1.2 trillion barrels estimated by the theory’s proponents
just as drivers are beginning to become comfortable with the technology, the long lineup of experimental and prototype hybrid systems being developed four years ago are ready, or nearly ready, for prime time—including three that use no electricity.
Due to increasing oil prices, OPEC has increased its oil output quota. However, Iran does not believe that the price increase is due to the quota, but rather to high summer demand, so it has refused to follow suit.
Goldman Sachs recently forecasted that oil would be at $141 a barrel by the end of the year, and rising to $200 a barrel in the not too distant future. I have seen other forecasts calling for oil to slip significantly under $100 a barrel before starting yet another bull market.
Democrats, in taking back the House from Republicans, promised to tilt the nation's energy policy away from oil drilling and toward efficiency and cleaner sources of energy. This week their pledge will be put to the test
This paper talks about the various alternative forms of energy that are currently being developed to replace fossil fuels; alternatives for both electricity generation and transportation fuel are discussed.
Oil hit a record high of nearly $79 a barrel on Wednesday, after a modest increase in oil supply announced by the Organization of Petroleum Exporting Countries failed to allay concerns about oil stocks for winter.