Localise Ayrshire has been raising
awareness of oil depletion and peak oil for almost
2 years now - mostly our efforts have fallen on
deaf ears. With petrol at the pump passing the £1
per litre mark the national press and TV media are
at last giving this issue the prominence it
deserves. The video clip below was broadcast on ITV
News on Wed Nov 7th 2007 at 10:30pm:
World oil demand is surging as supplies approach
their limits.
Extract from National Geographic article by Paul Roberts, published June 2008:
In 2000 a Saudi oil geologist named Sadad I. Al Husseini made a startling discovery. Husseini, then head of exploration and production for the state-owned oil company, Saudi Aramco, had long been skeptical of the oil industry's upbeat forecasts for future production. Since the mid-1990s he had been studying data from the 250 or so major oil fields that produce most of the world's oil. He looked at how much crude remained in each one and how rapidly it was being depleted, then added all the new fields that oil companies hoped to bring on line in coming decades. When he tallied the numbers, Husseini says he realized that many oil experts "were either misreading the global reserves and oil-production data or obfuscating it."
Read full article.
Extract from National Geographic article by Paul Roberts, published June 2008:
In 2000 a Saudi oil geologist named Sadad I. Al Husseini made a startling discovery. Husseini, then head of exploration and production for the state-owned oil company, Saudi Aramco, had long been skeptical of the oil industry's upbeat forecasts for future production. Since the mid-1990s he had been studying data from the 250 or so major oil fields that produce most of the world's oil. He looked at how much crude remained in each one and how rapidly it was being depleted, then added all the new fields that oil companies hoped to bring on line in coming decades. When he tallied the numbers, Husseini says he realized that many oil experts "were either misreading the global reserves and oil-production data or obfuscating it."
Read full article.