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Caught in the Race. What do we do. Is conceived with the simple idea that we can better manage a finite resource. That there is a way to do business with care over the extraction and transportation process of fossil based fuels and a way to immediately transition to new. Liquid fuels limiting pollution. The US. alone consumed 24.6 percent of this, which totals approximately 7.5 billion barrels per year. World oil demand is still expected to grow this year and for the foreseeable future, led by China and ...

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Caught in the Race. What do we do. Is conceived with the simple idea that we can better manage a finite resource. That there is a way to do business with care over the extraction and transportation process of fossil based fuels and a way to immediately transition to new. Liquid fuels limiting pollution. The US. alone consumed 24.6 percent of this, which totals approximately 7.5 billion barrels per year. World oil demand is still expected to grow this year and for the foreseeable future, led by China and ...

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oil alternative | otheroil.com Reviews

https://otheroil.com

Caught in the Race. What do we do. Is conceived with the simple idea that we can better manage a finite resource. That there is a way to do business with care over the extraction and transportation process of fossil based fuels and a way to immediately transition to new. Liquid fuels limiting pollution. The US. alone consumed 24.6 percent of this, which totals approximately 7.5 billion barrels per year. World oil demand is still expected to grow this year and for the foreseeable future, led by China and ...

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otheroil.com

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Caught in the Race. What do we do. WHAT DO WE DO NOW? The cost of our latest oil adventure in Iraq 2001 to date: 961,076,000,000. Do we instead invest in conservation, safe local production and renewable energy? Do we face the consequences of more adventures and diminishing supplies or invest our dollars more wisely? If left to business as usual? A somewhat hidden DOE study from 2000. Found that oil supply disruptions, price hikes and loss of wealth suffered through oil market upheavals have cost the U&#...

2

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Caught in the Race. What do we do. X2022; 1930s the US Oil Discovery Peak year. X2022; 1965 the World Oil Discovery Peak year. X2022; 1970 US lower 48 Production Peak year. X2022; 1981 Discovery/Production Gap the date when production began to exceed discovery. The US. has increased its world-leading consumption of oil by 20% in the past decade. As of 1/96, proven undiscovered reserves are:. OPEC: 853 Billion Barrels - Non-OPEC: 769 Billion barrels. Former Soviet Union: 39%). A recent study by Do...

3

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Caught in the Race. What do we do. Why worry after all production is up? Oil Production Increases '02-'03. OPEC 1.654 M b/d (6.7%). Russia 0.83 M b/d (11.2%). World 2.55 M b/d (3.9%). Of course these fields are subject to up to a 5% useage depletion per year and decline rates. Are likely to rise significantly in the long term, from an average of 6.7% today to 8.6% in 2030. Oil Capacity Increases '09. Saudi Arabia 1M b/d. Brazil 0.4 M b/d. Russia 0.5 M b/d. USA 03 M b/d. Since '02, China now has overtook ...

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Caught in the Race. What do we do. The US consumed 20.4 million barrels a day. Initially the US was self-sufficient in oil, but since World War 2 its consumption has ballooned to the point where it now has to import more than half what it uses. Michael Klare, an American security analyst and author of , Resource Wars, warns, a global oil shortage leads to more intense international competition for it, with struggles to control access to sources of supply. We are Draining the Worlds Petroleum Reserves Dry.

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Caught in the Race. What do we do. Those caught up in the race. Shell International indicates that renewable energy could supply 60% of the worlds energy by 2060. The World Bank estimates that the global market for solar electricity will reach $4 trillion in about 30 years. Biomass fuels could also replace gasoline. It is estimated that the United States could produce 190 billion gallons per year of ethanol using available biomass resources in this country. Blind eye or wise guy? The kingdom's drive to i...

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otheroil.com

oil alternative

Caught in the Race. What do we do. Is conceived with the simple idea that we can better manage a finite resource. That there is a way to do business with care over the extraction and transportation process of fossil based fuels and a way to immediately transition to new. Liquid fuels limiting pollution. The US. alone consumed 24.6 percent of this, which totals approximately 7.5 billion barrels per year. World oil demand is still expected to grow this year and for the foreseeable future, led by China and ...

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