What is Peak oil?
"The term Peak Oil refers to the maximum rate of the production of oil in any area under consideration, recognising that it is a finite natural resource, subject to depletion."
--Colin Campbell
ASPO 7 Conference in Barcelona
Submitted by Mikael Höök on Mon, 2008-09-22 08:17.
The speaker program for the ASPO 7 conference has now been finalized. Among the speakers are Colin Campbell, Kjell Aleklett, Jean Laherrere, Chris Skrebrowski and many more. The theme of the conference is below ground and above ground. Sessions will treat everything from geology, dynamics, geopolitics and much more. Please visit the conference website for more information and registration. Humans live in and from the biosphere. But in the first decade of the 21st Century, 85 percent of the primary energy consumed by the 6.7 billion humans comes from the lithosphere.About 40 percent of this energy is oil. Another 40 percent comes from natural gas and coal, and 6 percent more is from uranium. This represents close to 10 billion tons of oil equivalent, extracted every year from below ground. Geologists in general and the ASPO community in particular, know very well that the extraction of resources from the lithosphere is subject to a given pattern that limits and shapes the extraction rates. It has, more or less, the form of a bell shaped curve, shown in its logo. It is the Hubbert curve. And we all feel that we are reaching the peak in our ascent, even the present financial storms and other geopolitical clouds may disguise it.Then, it is a question of flows, diminishing flows, rather than the end of oil or gas. It is a physical and geological issue, rather than an economic one. The entire conference program is also available from below:
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Upcoming eventsPublication tagsPeopleKjell Aleklett, ASPO President Mikael Höök, ASPO Secretary Colin Campbell, ASPO's founder, ASPO Honorary Chairman |