Monitoring Peak Oil Number 9
World Total Liquid Fuel Production -January 2008: 87.18 millions of barrels per day (mbpd)1.
The production is again the highest prodution recorded so far. However, the production of crude and condensate achieved its peak in May 2005. This means that the production of natural gas plant liquids (NGPL), ethanol, biomass to liquids (BTL), coal to liquids (CTL), gas to liquids (GTL) and processing gains is still increasing. According to certain estimates, the peak fossil fuel production will be reached in 2018, taking into account also coal and natural gas 2. In the meantime, the supply and demand mismatch will create oil price increases and a slowing of the world economies as an average.
References
posted by Doctor Marco at 15:54
3 Comments:
The idea that ethanol can replace oil has no scientific basis. It is an example of how politicians with no idea of the concept of energy can ruin a society. It is an example of shortsightedness for some, of opportunism for others and of stupidity for the rest who support it.
Q
The concept you showed me is very similar to the concept of Gaia, the living planet. The only difference is that Gaia does not necessarily assume that human beings or thir civilization will be part of the new state of things.
As a physician and specially as a nephrologist I am very familiar with the concepts of "steady state", "equilibrium" and what happens when they are disrupted and a new state is achieved. And remember that death is the just the state in which a matter/energy equilibrium with the surroundings is finally achieved. One day someone asked me: "What are you doing?". I replied: (instead of saying "nothing") "Oh, I am here, exchanging matter and energy with the environment"
"The idea that ethanol can replace oil has no scientific basis. It is an example of how politicians with no idea of the concept of energy can ruin a society. It is an example of shortsightedness for some, of opportunism for others and of stupidity for the rest who support it."
Cheers to that! Oh wait a second, before you drink, you'd better be prepared to pay up. You see, the artificially high demand for ethanol has led many farmers to convert their land from hops to corn which, shockingly, has led to higher hop prices and higher beer prices.
That's the real way to get to people's hearts - run a Super Bowl ad that informs America that they can have ethanol, which sucks either way, or cheap beer.
I vote for beer.
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