9. Peak Oil Flashcards

1
Q

What is shale oil?

A
  • oil that’s mined form rock pores
  • aka tight oil
  • expensive and labor intensive: fracking/ mine, crush, heat
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2
Q

Deepwater Horizon?

A
  • oil rig off coast of Marshall islands (relax maritime laws)
  • burned down and sank
  • leaked 5 million barrels of oil
  • BP required no bailout
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3
Q

How much is a barrel of oil?

A

42 gallons

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4
Q

What is crude oil? What is it used for?

A
  • aka petroleum
  • naturally occurring
  • 50% refined to make gas, 25% diesel, 10% jet fuel, makes plastics and solvents
  • average household uses energy of 15 barrels of oil/ year
  • Venezuela has the most
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5
Q

What is Hubbert’s peak?

A
  • Marion King Hubbert
  • predicted that oil production would decrease in 1972, he was right until 2008
  • applied to global oil production and fossil fuels
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6
Q

Why didn’t Hubbert’s peak work?

A
  1. We learned how to extract tight oil from shale rock

2. We do deep offshore drilling in Gulf of Mexico

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7
Q

Who consumes the most oil? Who produces the most oil?

A
  • consumes: US, then China

- US produces more than Saudi Arabia and Russia

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8
Q

How much oil do we think is left?

A

1-3 trillion barrels of oil left

1 trillion barrels from shale regions

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9
Q

How much energy does one barrel of oil hold?

A

5.8 MBTU of energy

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10
Q

Describe the chemical makeup of oil.

A
  • CnH2n+2
  • made of alkanes
  • alkanes with less than 4 carbon are gases at STP
  • alkanes with 5-20 carbon are liquid
  • alkanes with 7-11 carbon atoms are turned into gasoline
  • for every one molecule of methane combusted (CH4), create one CO2
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11
Q

What were the pre-industrial levels of CO2? What are they now? In what time period were they the same?

A

Pre-industrial: 280 ppm
Now: 390 ppm
Like this 20 million years ago

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12
Q

What 4 conditions are needed to form oil?

A
  1. abundant organic matter in original environment
  2. Lack of oxygen to preserve
  3. Cap rock to seal in oil (salt) buried by thick sediments
  4. optimal cracking pressure, temperature, time to break down hydrocarbons. 10,000 feet of rock. 80 degrees C
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13
Q

When did oil form?

A

100-200 million years ago in Jurassic and Cretaceous period

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14
Q

What is cracking?

A

when organic molecules are broken down into hydrocarbons at optimal pressure, temperature (80 C), for time, depth (10,000 feet)
“cooking”

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