The Status Of World Oil Reserves And Implications For The Gulf
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Book The Status Of World Oil Reserves And Implications For The Gulf
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The book cannot be previewed or downloaded in order to preserve the copyright of the author and publishing house
Not available digitally or on paper through the Noor Library, it is for rating and review
The Status Of World Oil Reserves And Implications For The Gulf
| Author: | Amy Myers Jaffe |
| Category: | The Dispute Over Oil And Gas [Edit] |
| Language: | English |
| Publisher: | مركز الإمارات للدراسات والبحوث |
| ISBN: | 9789948143956 |
| Release Date: | 06 Oct 2011 |
| Pages: | 59 |
| Rank: | 826,913 No 1 most popular |
| Short link: | Copy |
| More books like this book | |
Book Description
For decades experts have been debating the timing of a peak in the discovery and production of conventional oil reserves. In 1998, geologist Colin Campbell predicated that global production of conventional oil would begin to decline within ten years. His forecast, commonly referred to a “Peak Oil”, was endorsed and elaborated by many respected geologists and commentators .
Peak oil is the term used to describe the situation where the rate of oil production reaches its absolute maximum and begins to decline.
Hubbert’s thesis has been applied to world oil production and peak oil advocates have in recent years been arguing that the majority of the world’s oil production was concentrated in mature, aging fields form which the extraction of additional supplies will be increasingly costly as mechanical or chemical aids are used to induce artificial (as opposed to natural) lift.
According to Peak Oil Theory, as each older field peaks, world production will fall and oil will rise.
This fact make us wonder what are the aspects applied on the conventional producers of oil. That why this book is serious study of the status of world oil reserves and its implication on the Gulf countries.
The topic handled in this book are: “Role of Technology and Price in Determining Oil Reserves”, “The Rise of Unconventional Resources”, “Efficiency Gains and increasing”, “Substitutability among Energy Resources”.
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Not available digitally or on paper through the Noor Library, it is for rating and review
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