Understanding the Peak Oil Theory: Hearing Before the Subcommittee on Energy and Air Quality of the Committee on Energy and Commerce, House of Representatives, One Hundred Ninth Congress, First Session, December 7, 2005, Volume 4 |
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ALEKLETT alternatives analysis barrels a day barrels of oil barrels per day BARTLETT bbl/d biodiesel BOUCHER Canada CERA Chairman China coal Committee CONGRES CONGRESS THE LIBRARY conventional oil countries crash program crude oil decades decline deepwater demand for oil discovery economic ESSER estimates ethanol expansion exploration forecast future global oil going Government of Alberta growth HALL hearing HIRSCH Hubbert Hubbert's peak hydrogen increase industry investment King Hubbert LIBRA LIBRARY OF CONGRESS liquid fuels liquids capacity look mbpd Middle East million barrels mitigation natural gas NGLs oil and gas oil and natural oil consumption oil fields oil peaking oil prices oil reserves oil supply OPEC outlook peaking of world percent Petroleum predict problem production capacity projects province risk royalty Saudi Arabia tar sand Texas Thank things Tom Udall transportation UDALL unconventional United Uppsala University world oil production worldwide
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Page 3 - Without objection, the Subcommittee will proceed pursuant to Committee Rule 4(e), which allows Members the opportunity to defer opening statements for extra questioning time.
Page 3 - Hearing no objection, prior to the recognition of the first witness for testimony, any member when recognized for an opening statement may completely defer his or her 3-minute opening statement, and instead use those 3 minutes during the initial round of questioning.
Page 2 - Hall follows:] PREPARED STATEMENT OF THE HON. RALPH HALL, CHAIRMAN, SUBCOMMITTEE ON ENERGY AND AIR QUALITY The Subcommittee will come to order. I would like to welcome Deputy Secretary Clay Sell to this Committee.
Page 13 - ... environmental reasons, I have been there, I think we can control those. We have only two percent of the known reserves in the world. We use 25 percent of the world's oil. As I asked the Vice President, Mr. Vice President, if you could go out tomorrow and find and pump that two percent, what will you do the day after tomorrow? And there will be a day after tomorrow. This may be a rainy day, and if you are in California, it is indeed. But I think we will have a rainier day, and I would like to...
Page 21 - Municipal solid waste, landfill gas, methane, digester gas, liquid acetonitrile waste, tall oil, waste alcohol, medical waste, paper pellets, sludge waste, solid byproducts, tires, agricultural n Geothermal electricity net generation.
Page 46 - The image is one of a world moving from a long period in which reserves additions were much greater than consumption, to an era in which annual additions are falling increasingly short of annual consumption. A related fact is that oil production is in decline in 33 of the world's 48 largest oil-producing...
Page 40 - ... from Canadian tar sand and 0.6 million barrels from Venezuelan heavy oil. The Canadian Government estimates that by 2025 the daily production rate will have increased to 3 million barrels per day. Thus, the problem with these unconventional oils is not so much price as lead times and non-price-related aspects, such as the effects on the environment and availability of water and natural gas for the production process. 5. Immediate action on supplies Forceful measures to improve the search for...
Page 25 - It is my personal opinion that there are at least seven major reasons why dependence on petroleum for the lion's share of the world's transportation fuel creates special dangers in our time.