End Of Oil - Essay Example


Extract of sample
End Of Oil

Alternative Energy Sources vs. Oil as Energy
Alternative sources of energy including renewable ones cannot replace fossil fuels as currently 86 percent of world's energy needs are met with only fossil fuels. Moors (2012) argues that the cost of producing energy from alternative sources such as solar, the wind, hydro and nuclear is many times higher than it costs to produce energy from fossil fuels and that is the major stumbling block in harnessing the alternative sources of energy. This may only happen when the oil prices go up due to oil shortages likely to be created in next few decades. Though energy cost from solar cells has reduced substantially in last two decades but still the cost economics is not lucrative enough that can replace oil as the energy source in large scale. Wind energy has its own limitation to be available mostly on shore and cannot meet huge energy requirement in the hinterland to replace oil. Nuclear energy is not favored for its waste management issues and potent future hazards for mankind. Major consumption of oil is in running the automobile sector and no economically viable technology is readily available that can replace the oil in this sector; moreover, it is highly unlikely that a radically different yet technically and economically most suitable technology is developed in near future or at least in next two decades that can replace oil completely and that is the biggest dilemma before mankind (Peak Oil, 2005).
Likely Consequences to Mankind. ...
Download paper


It took more than 100 million years for crude oil to form under the earth. The world consumes more than 90 million barrels a day. The paper "End Of Oil" explores the likely scenario due to oil shortage and its impact on the economy and future development in the coming years…
Author : mjacobs
Download 0

Related Essays

The environmental issues associated with producing unconventional oil and gas
The US Government, federal regulatory authorities, the industry operators, NGO’s along with environmentalists are therefore engaged in discussions as to the best way forward into this relatively new field, by addressing the concerns of all the stakeholders involved. Introduction Recent advances in technology have made it possible to drill natural gas from deep reservoirs located in energy rich areas of the United States. These fuels are being termed unconventional fuel sources and contribute to around 25% of the fuel consumed in the US. This unconventional source is comparatively a cleaner...
17 pages (4267 words) Research Paper
Environmental Damage at Burgan Oil Field in Kuwait: History, Clean-up and Future Policy
.4 2.2 Explain the Clean-up….….5 2.2.1 Extinguishing of Kuwaiti oil fires….…5 2.2.2 Cleaning the salty water….6 2.2.3 Cleaning the soil….…7 2.3 Future Environmental Policy….….8 2.3.1 The future, what is KOC future plan to keep fixing the damage, how much damage is left?.8 2.3.2 What is Kuwait government environmental policy to manage all the oil fields….9 2.3.3 Is there any regional policy, does OPEC have any environmental policy?.9 3.0 What is the best thing for Kuwait government to do?.9 4.0 Reference 1.0 Introduction Now-a-days there is no need of explanation that...
6 pages (1506 words) Research Paper
Detection of Oil Spillage in the Sea
The images were taken during the Prestige oil spill that happened in Spanish coast. Geographical Information System (GIS) database was used in the integration of the images to study the spatial distribution, slick progression and the results compared to field observations. From the results acquired, a relationship is developed between the use of radar imagery and other available options like wind data and in situ interpretations. Integration of these techniques produces efficient ways of monitoring and forecast oil spills in the oceans. Key words Advanced Synthetic Aperture Radar (ASAR), oil...
5 pages (1255 words) Research Paper
history of oil and gas in China
With a mounting population of more than 1.3 billion people, China depends greatly on other countries for prime resources, for example, oil and gas. In order to enhance its association with other Southeast Asian nations, China always considers diplomatic action over military intervention, especially in regards to disputed territories like the Scarborough Shoal in South China Sea. China is frequently involved in a political clash with Malaysia; perhaps, it is due mainly to the two countries' diplomatic dissimilarities. Nevertheless, China's ties with Malaysia are interdependent in that China...
5 pages (1255 words) Research Paper
Oil Spills Clean-up Technology
This essay stresses that major oil spills have been blamed on poor strategies used by the management to deal with the problem. Some of the policies that are stipulated are poor due to the need to cut down the cost of operation. Some of the companies that have been blamed for such poor policies include the BP Company. Due to the 2007/08 economic turmoil, the company management was in the process of cutting down cost of operation. As a result, this led to the problems, which have been witnessed. It is for this reason that some of these companies need to be punished. Other methods that would also...
31 pages (7781 words) Research Paper
Gullfaks Oil field
Oil exploration in the location where Gullfaks main field occupies started after the discovery of Brent Field in 1971. Hence, revealing the prospects of occurrence of Middle Jurassic Brent group sentiments, which are significant and highly rich hydrocarbon reservoirs. The first licensing that saw inception of drilling was in 1978 whereby the first well (34/10-1) managed to go through Jurassic section and encountered approximately 160 m width of oil-filled Brent sandstones region. This comprised of a column, which extends to the basement of Brent Group. Other four wells that followed the...
23 pages (5773 words) Research Paper
Exxon Valdez Oil Spill: A Case Study in Engineering Disaster
Exxon Valdez Oil Spill: A Case Study in Engineering Disaster ...
7 pages (1757 words) Admission Essay
Got a tricky question? Receive an answer from students like you! Try us!