Future of Oil Essay -- Essays Papers

hereafter of Oil Is the dry land on the brink of an inunct crisis? I refractory to look into this possibility, because it seems comparable a rather serious question, one that I would feel more comfortable about if I had enough reading to at least form a fairly justifiable position. aft(prenominal) all, the little I k vernal about the situation before conducting any investigate yielded one indisputable result the issue is an extremely divisive one, with messiness of proponents on both(prenominal) sides of the argument.I decided to look first at the arguments of those who claim that a crisis is looming. George Monbiot summarizes the problem in the following succinct vogueThe worlds problem is as follows. We now consume six barrels of oil for every new barrel we discover. Major oil finds (of over 500m barrels) ailing in 1964. In 2000, there were 13 such discoveries, in 2001 six, in 2002 two and in 2003 none. Three major new projects will amount onstream in 2007 and terze tto in 2008. For the following years, none have still been scheduled.This, at first, seems alike a rather startling discovery, but its its significanc... Future of Oil Essay -- Essays PapersFuture of Oil Is the world on the brink of an oil crisis? I decided to look into this possibility, because it seems like a rather serious question, one that I would feel more comfortable about if I had enough information to at least form a fairly justifiable position. After all, the little I knew about the situation before conducting any research yielded one undeniable result the issue is an extremely divisive one, with plenty of proponents on both sides of the argument.I decided to look first at the arguments of those who claim that a crisis is looming. George Monbiot summarizes the problem in the following succinct fashionThe worlds problem is as follows. We now consume six barrels of oil for every new barrel we discover. Major oil finds (of over 500m barrels) peaked in 1964. In 2000, there were 13 such discoveries, in 2001 six, in 2002 two and in 2003 none. Three major new projects will come onstream in 2007 and three in 2008. For the following years, none have yet been scheduled.This, at first, seems like a rather startling discovery, but its its significanc...