Are we really oil?
The short answer is "yes". The oil is the final source that was millions of years ago by compression of billions of animal and plant mass that gathered in pockets below the Earth's surface. About the century, when oil was used as a source of energy, has been extracted.
The phrase that comes to the common folk is "top oil". This is defined as the maximum amount of global oil production - that is, the oil is extracted from the ground as quickly as physically possible - and a moment in time has been reached. There is no debate that such a peak exists; The only argument is how far we will reach it in the future.
It is estimated that approximately 800 billion barrels of oil have already been extracted. Campbell and Laherr Čre, Petroconsultants in Geneva, estimate that there are about 1000 billion barrels left and that the peak of Budbets is reached around 2010. Because most analysts recognize that the top will only be recognized after passingThe point has already been reached.
Most of the main oil fields have been in production for decades. Matthew Simmons, one of the leading bankers to the industry, believes that the huge fields in Saudi Arabia have already reached its peak; They have been in the production of 30-50 years and have already used tertiary techniques to extract oil. Tertiary techniques are the third level of oil extraction, after the simplest methods have stopped and are more difficult and more expensive.
Many people shrugged an alarm about the waiting energy crisis with the belief that "alternative fuels" will fill the gap that remains retreating oil supplies. This faith is too Sanguine, due to the extent to what the whole industrial and technological infrastructure depends on fossil fuel. Transfer to other fuels will be a massive financial commitment to cover the military accumulation of World War II.
formerly third Word nations become more industrialized and consequenceGlobal demand for oil is growing. Since alternative fuels are not "in the pipeline", the decline in the offer would have an effect on the economy on the economy.
Some analysts even believe that the exhaustion of oil supply will lead to the fall of technological civilization. In any case, however, you can expect that the struggle to control the shrinking offers evokes conflicts between oil nations and nations whose territory still contain production fields. The energy wars at the peak of global depression will be even more funds that could be used to transfer to alternative energy sources.
It is clear that the ideal time to invest in alternative fuels and energy -efficient transport is still a premium will become critical.