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Chapter 3 Oil Addendum
Chapter 3 Oil Addendum
37
Physics
Graduate
06/27/2010

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Cards

Term
What is a material with high power density?
Definition
Lithium
Term
What will drilling in ANWAR do?
Definition
slow down the post peak decline by about 5-10 years but your decline is still there
Term
Who is post peak in oil?
Definition
Mexico
Term
How much of oil is controlled by oil COMPANIES (as opposed to the government)?
Definition
15%
Term
Top ten oil companies give you how much oil?
Definition
10%
Term
How is our "life support" pie shrinking?
Definition
1. The soil is diminishing
2. FOrests are disappearing
3. Aquifers are being pumped dry
4. Fisheries are being decimated
5. Biodiversity is being extinguished
6. Rivers are drying up
Term
US natural gas production:
Definition
US natural gas total production has been flat because conventional NG is post peak. UNconventional NG is making up the difference
Term
What are the types of crude oil?
Definition
Super Light
Extra Light
Light
Medium
Heavy
* Better quality oil is less and there are more of the less quality oil
Term
What is the biggest oil field?
Definition
Ghawar in Saudi Arabia; 10-15% of all oil produced came from here (we don't import from Saudi Arabia Right Now)
Term
Are we taking into new oil fields quicker now?
Definition
Yes; advances in production technoloogy ltend to force increased production and therefore peak faster and then begin post-peak plateau faster, too
Term
Have total world liquids production increased?
Definition
Yes but energy has not gone up because you are using lower quality instead of higher quality
Term
Where does the majority of our World Unconventional Liquids production come from?
Definition
Natural gas; some liquids from NG come from NG production; some say you are increasing NG becuase oil is being depleted and you are ereachign gas caps - hitting gas caps is a sign you are reaching peak; we are replacing low energy material for good stuff and calling it liquids
Term
Is our gross energy from liquids rising much?
Definition
No - pretty fllat; Low EROEI; we are replacing high EROEI liquids which is why we aren't increasing total energy even though we are increasing volume
Term
Who are the top 3 oil producers?
Definition
1. Saudi Arabia
2. Russia
3. United States
Term
What is happening with Saudi Arabia oil production?
Definition
Recent - flat for a few years; Saudi doing 10 million barrels each day; when they peak we will be in trouble
Term
When did Russia hit their oil peak?
Definition
around 1985
Term
What is USA Energy consumption?
Definition
100 Quads
Term
Is american poverty rising?
Definition
Yes, 16% use food stamps
Term
What is happening in China with cars?
Definition
Car sales grow 20% per year in China
Term
What is power density?
Definition
Power used per unit area
Term
Is there extra oil?
Definition
No spare capacity and net exports are decreasing.
Term
What is happening with power density?
Definition
The stuff that is producing is lower than the stuff you're consuming; all of your sources are lower; not good beucase consumption stuff is higher in graph
Term
Who is most self sufficient?
Definition
Asia due to lower consumption
Term
Is the US leading the way in fuel-efficiency standards?
Definition
No, our standards are still below many countries
Term
AS EROEI gets lower, what happens with costs?
Definition
They rise
Term
Are our water supplies limited?
Definition
Yes and fracking needs water
Term
Are big oil fields still being discovered?
Definition
No
Term
What is spare capacity?
Definition
How much extra oil can be produced within 30 days notice and maintained for 90 days
Term
Do we still have spare capacity in the world oil supply?
Definition
No
Term
Has liters of oil per capita been fairly constant?
Definition
Yes, when this starts going down you know we ahve less energy per capita
Term
What is happening with world unconventional production?
Definition
Increasing
Term
What are some examples of unconventional production?
Definition
Biofuels
X-Heavy crude (excld. Canada)
Canadian oil sands
Polar Oil
Natural Gas Liquids *** Biggest
Term
We consume how many barrels for each barrel that is being discovered?
Definition
consume 4 for each 1 barrel discovered
Term
Are more giant oil fields being discovered?
Definition
No
Term
What is happening with oil EROEI?
Definition
getting lower
Term
What is the worst source of biofuels?
Definition
Corn; Algae is the best
Term
Where can we find SHale gas in US?
Definition
Michigan, Ohio, PA
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