During the 19th century, William Grove found that the energy produced by simple chemical reactions could be harnessed and exploited. His work led to the creation of the first alkaline one-kilowatt fuel cell system in the 1950’s. The power producing…
Discoveries of new oil and gas reserves dropped to their lowest level in at least two decades last year, pointing to tighter world supplies as energy demand increases in the future. Preliminary figures suggest the volume of oil and gas…
On 20 August Wood Mackenzie (WoodMac) released a report on China and the USA’s future imports of oil. WoodMac regards itself as one of the world’s leading companies producing energy analyses. The title of the report is “Heading in Opposite…
Publication date: 2002-06-01 First published in: Natural Resources Research Authors: M. Feygin Abstract: This paper shows that there is a strict quantitative connection between three factors: reserves-to-production ratio (w), the rate of production growth (a), and degree of reserve replenishment…
Publication date: 2012-01-30 First published in: Energy Sources, Part B: Economics, Planning, and Policy Authors: W.B. Carlson Abstract: The Hubbert linearization and normalizations for the rate of change of production have been used to depict the trends of oil production…
Publication date: 2010-09-01 First published in: Natural Resources Research Authors: M. Höök, K. Aleklett Abstract: The geological coal resource of the U.S. is abundant and proved coal reserves are listed as the world’s largest. However, the reserves are unevenly distributed…
Rex Weyler, executive member of the Vancouver Peak Oil campaign group, has written a viewpoint on peak oil for Public Service Europe. During the last century, society squandered 500 million years of captured sunlight on drag races, traffic jams, private…
Publication date: 2012-01-05 First Published in: Middle East Reviews of International Affairs Authors: J. Leigh, P. Vukovic Abstract: Due to its strategic location, Cyprus has been coveted by various external powers throughout its history. Today shipping routes for oil and…
A recent publication in Energy Economics by Douglas Reynolds and Jungho Baek has analyzed the use of Hotelling and Hubbert theories as determinants for oil price. Their conclusion is that scarcity rent has little importance, while the Hubbert curve is…
Publication date: 1980-04-01 First Published in: Energy Economics Authors: A.E. Bopp Abstract: An approach combining decline-curve and price analysis is used to model US oil production over the period 1968–1976. The decline curve characteristics of US oil production are captured…