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Books > Professional & Technical > Energy technology & engineering > Electrical engineering > Power generation & distribution
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Introduction to Peak Oil (Hardcover, 1st ed. 2016)
Loot Price: R2,893
Discovery Miles 28 930
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Introduction to Peak Oil (Hardcover, 1st ed. 2016)
Series: Lecture Notes in Energy, 34
Expected to ship within 10 - 15 working days
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This book examines the physical and economic characteristics of the
global oil resource to explain why peak oil has been so poorly
understood. The author draws on information held in oil industry
datasets that are not widely available outside of the specialist
literature, and describes a number of methods that have been
successfully used to predict oil peaks. In contrast to the
widely-held view that 'all oil forecasts are wrong', these methods
correctly predicted the current peak in global conventional oil
production. Current oil forecasts are then compared to evaluate the
expected dates for regional and global oil peaks for conventional
oil, all-oils, and all-liquids. The dates of global peaks in the
production of all-oil and all-liquids appear to be reasonably soon,
while the oil price that is needed to support these global
production levels continues to rise. The world faces serious
constraints in its oil supply, which accounts for about one-third
of total world energy use, and over 90% of the fuel used for
transportation. Readers of this book will gain a thorough
understanding of the critical, but poorly understood, phenomenon of
peak oil that has already had significant impacts on society in
terms of high oil prices, and which will place increasing
constraints on mankind's supply of energy and economic well-being
in the coming years.
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