What is Peak oil?
"The term Peak Oil refers to the maximum rate of the production of oil in any area under consideration, recognising that it is a finite natural resource, subject to depletion."
--Colin Campbell
Crude Oil: The Supply Outlook
Publication date:
2007-10-01
First published in:
http://www.energywatchgroup.org/
Abstract:
The main purpose of this paper is to project the future availability of crude oil up to 2030.
Since crude oil is the most important energy carrier at a global scale and since all kinds of
transport rely heavily on oil, the future availability of crude oil is of paramount interest. At
present, widely diverging projections exist in parallel which would require completely
different actions by politics, business and individuals.
The scope of these projections is similar to that of the World Energy Outlook by the
International Energy Agency (IEA). However, no assumptions or projections regarding the oil
price are made.
