Titlebook: Introduction to Peak Oil; R.W. Bentley Book 2016 Springer International Publishing Switzerland 2016 Fracking and Oil Prices.Fracking and O

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https://doi.org/10.1007/978-3-319-26372-4Fracking and Oil Prices; Fracking and Oil Supplies; Natural Resource Limits; Oil Net Energy; Oil Product

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A Brief History of Forecasting Peak Oil,Here we turn to the question of how to forecast peak oil. This is a large topic, and here only a few of the main approaches that have been used are highlighted. Additional detail on oil forecasting is given in Annex 4; and specific forecasts from a variety of individuals and organisations are discussed at greater length in Annex 5.

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When Should We Expect the Peak?,This chapter draws together the above information to answer the question: When should we expect the ‘.-.’ production peaks, for the various categories of oil, in fields, regions, and the world?

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Why Has Peak Oil Been so Poorly Understood?,Finally, in this introduction to peak oil, we need to look at the question of why the concept of peak oil has been so poorly understood. This topic is important, because for many years the ‘mainstream’ forecasters (such as the IEA, US EIA, OPEC, most oil majors, and most consultancies) gave no warning of the recent steep rise in oil price.

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Caveats and Conclusions,In this chapter, we present some caveats to the information provided above, and also the main conclusions to be drawn.

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2195-1284 including the fundamental drivers of peak oil and the often-.This book examines the physical andeconomic characteristics of the global oil resource to explain why peak oil hasbeen so poorly understood. The author draws on information held in oil industrydatasets that are not widely available outside