Tag Archive for 'oil reserves'

Global oil production can no longer keep up if demand continues to rise

January 27th, 2012 by Nature

The impact of dwindling oil supplies on the economy is a persuasive argument for shifting away from fossil fuels, write Professor James Murray and Sir David King in a Comment piece in Nature published on 26 January 2012. There was a ‘tipping point’ for oil in 2005. Before then,

The UK Energy Research Centre produced a report in October 2010 on Global Oil Depletion that merits attention

April 1st, 2011 by UKERC

A report, ‘Global Oil Depletion – An Assessment of the evidence for a near-term peak in oil production’, launched in October 2010 by the UK Energy Research Centre (UKERC), argues that conventional oil production is likely to peak before 2030, with a significant risk of a peak before 2020. The report concludes that the UK […]