Depletion Archives

Depletion and the future availability of petroleum resources

Published on June 21, 2011 in Publications by Editor

Publication date: 2009-01-01 First Published in: Energy Journal Authors: R.F. Aguilera et al. Abstract: This study assesses the threat that depletion poses to the availability of petroleum resources. It does so by estimating cumulative availability curves for conventional petroleum (oil, gas, and natural gas liquids) and three unconventional sources of liquids (heavy oil, oil sands,…

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A simple interpretation of Hubberts model of resource exploitation

Published on January 21, 2010 in Publications by Editor

Publication date: 2009-09-01 First published in: Energies Authors: U. Bardi & A. Lavacchi Abstract: The well known “Hubbert curve” assumes that the production curve of crude oil in a free market economy is “bell shaped” and symmetric. The model was first applied in the 1950s as a way of forecasting the production of crude oil…

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