Published May 2007
| public
Journal Article
The future of oil
- Creators
- Goodstein, David
Abstract
Time to look again at the oil situation. How much did nature make for us and how much is left? A simple extrapolation of pumping rates suggests about two trillion barrels, with just over one trillion barrels left in the ground. That's a 40-year supply at current rates of consumption, but that may be the wrong way to look at it. We're close to the half-way point, the point at which the rate of extraction of oil ought to start declining — but demand continues to increase, especially in China and India. There may be hard times ahead.
Additional Information
© 2007 Nature Publishing Group.Additional details
- Eprint ID
- 62985
- Resolver ID
- CaltechAUTHORS:20151216-115759868
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2015-12-16Created from EPrint's datestamp field
- Updated
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2021-11-10Created from EPrint's last_modified field