peak oil


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peak oil

The maximum in production of oil, the energy-rich, highly versatile and easily transportable fuel.

The impact of oil on healthcare is only recently being recognised. The healthcare conclusions in the report commissioned by leaders in Bristol (UK) are that oil is the primary raw material for many drugs, equipment and supplies; that transport of patients, staff, deliveries and service are heavily dependent on oil; that suppliers are not required to provide business continuity plans in the event of fuel shortages; and rising oil costs would seriously affect health service budgets.
References in periodicals archive ?
Thus in retrospect, independent peak oil analysts appear to have done better at forecasting than their counterparts in government and industry.
Peak oil theory also holds that what is true of an individual field or set of fields is true of the world as a whole.
The long-term impact of reaching peak oil could be to accelerate global warming, as scarcity of crude oil could encourage even more carbon-intensive fuel extraction, such as oil extracted from tar sands or coal-based "synfuel.
Peak oil curves can be estimated when assessing an individual field, a country or on the planet as a whole.
In his new book, The End of Growth: Adapting to Our New Economic Reality, Richard Heinberg moves the discussion beyond the validity of Peak Oil as a theory to explore the emerging challenges of measuring an economy that can no longer depend on unlimited supplies of fossil fuels, or any other natural resources.
In its 51 minutes it explains peak oil and the crisis that hit Cuba.
But Husseini also indicated that the Saudi producers are likely to hit peak oil -- the point at which global output hits its high mark -- as early as 2012.
Resource wars may be a consequence of the Peak Oil situation.
Matthew Simmons, who shook the energy industry by arguing the world was rapidly approaching peak oil production capacity, died Aug.
Today, the so-called peak oil theory is a firmly mainstream, if not majority, opinion.
They are no substitutes for what we have built the economy on so far," said Campbell, whose oil depletion theory has been published in books and through the Association for the Study of Peak Oil, which gave its first workshop in 2002.