Difference between revisions of "Exhausting Oil Supply"
(New page: === Statement === Oil prices are going up and down.<br> === Driving Force === We will run out of oil in 2100. Most of the world’s oil is located in Saudi Arabia, where they represent a ...) |
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* There are no new oil fields found in the last x amount of time | * There are no new oil fields found in the last x amount of time | ||
* War, with the not-stable situation in the middle east the prices of oil are fluctuating. | * War, with the not-stable situation in the middle east the prices of oil are fluctuating. | ||
* Companies do it deliberate to make profit. Some clear real life examples are show by “Enron”. Enron which was the biggest energy delivery company in the US sometimes played the oil and business shares by closed their factory are creating a lack of oil, which resulted in higher prices.<br> | * Companies do it deliberate to make profit. Some clear real life examples are show by “Enron”. Enron which was the biggest energy delivery company in the US sometimes played the oil and business shares by closed their factory are creating a lack of oil, which resulted in higher prices.<br><br> | ||
With the following consumption (in barrels) each day you can images that we can simply not go on with the energy consumption we have today. | With the following consumption (in barrels) each day you can images that we can simply not go on with the energy consumption we have today. | ||
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<pic> | <pic> | ||
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The mobility of people will be less if the world run out of oil or if the prices are to high. | The mobility of people will be less if the world run out of oil or if the prices are to high. | ||
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Google has a very nice extension to their google earth program which shows the oil consumption.<br> | |||
Download this file: http://services.google.com/earth/kmz/world_oil_consumption_n.kmz<br> | |||
and open it in google earth. | |||
Latest revision as of 18:11, 21 July 2009
Statement
Oil prices are going up and down.
Driving Force
We will run out of oil in 2100. Most of the world’s oil is located in Saudi Arabia, where they represent a amount of 25%. Where oil is relative cheap in the US most European people pay a lot of tax. The prices rise when the stock goes down. Some reasons of getting a low stock are:
- There are no new oil fields found in the last x amount of time
- War, with the not-stable situation in the middle east the prices of oil are fluctuating.
- Companies do it deliberate to make profit. Some clear real life examples are show by “Enron”. Enron which was the biggest energy delivery company in the US sometimes played the oil and business shares by closed their factory are creating a lack of oil, which resulted in higher prices.
With the following consumption (in barrels) each day you can images that we can simply not go on with the energy consumption we have today.
<pic>
The mobility of people will be less if the world run out of oil or if the prices are to high.
---
Google has a very nice extension to their google earth program which shows the oil consumption.
Download this file: http://services.google.com/earth/kmz/world_oil_consumption_n.kmz
and open it in google earth.