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Stanford, UC Santa Cruz study explores ramifications of demand-driven peak to conventional oil

Green Car Congress

In contrast to arguments that peak conventional oil production is imminent due to physical resource scarcity, a team from Stanford University and UC Santa Cruz has examined the alternative possibility of reduced oil use due to improved efficiency and oil substitution. 2010, to above 140 $/bbl in constant 2010 dollars).

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The Dirty Truth of Petrol & Diesel Vehicles

Plug In India

Diesel or petrol starts as oil, on average 1,798 meters below the surface of the earth. A great deal of oil is extracted using what is called a pumpjack. The electricity usage for the 1,42,054 onshore wells that supply oil to India is over 1,415 GWh a month! That's just oil wells on land. What about deep sea drilling?

Petrol 59
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EIA projects world liquid fuels use to rise 38% by 2040, driven by growth in Asia and Middle East; transportation 92% of demand

Green Car Congress

World petroleum and other liquid fuels consumption will increase 38% by 2040, spurred by increased demand in the developing Asia and Middle East, according to the Reference Case projections in International Energy Outlook 2014 ( IEO2014 ), released by the US Energy Information Administration (EIA). oil sands, either diluted or upgraded).

Asia 341
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PwC analysis finds meeting 2 C warming target would require “unprecedented and sustained” reductions over four decades

Green Car Congress

The International Energy Agency, for example, now considers 4°C and 6°C scenarios as well as 2°C in their latest analysis. The pace of reducing global carbon intensity has been slow despite growing international focus on climate change. Other G20 (Australia, Korea, EU, South Africa, Saudi Arabia, Argentina). —PwC report.