Trends in consumption of fossil fuels Flashcards
Global demand of oil
Between 1987 and 2012 global demand changed from 8000 million tones oil equivalent to 12,500 million tonnes. 60% difference
Oil
Oil is the most important energy source
Global oil consumption
-Asia had the highest consumption in 2012
- Asia’s demand grew by almost 300% between 1980s and 2012
- Asia uses 33.6% of global consumption
- Africa uses 4% of the global consumption of oil per day
Oil reserves
Reserves to production ratio = the amount of a non-renewable resource available over time
amount of known resource/ amount used per year
Concerns on peak oil
Geologists are worried that there are no big projects looking for more oil around the world.
Shale oil
Shale oils are oil reserves that are stuck tightly in rock formations where it does not flow freely (shale rock)
Methods to extract include pumping water in at high pressure into the rock, which forces the oil up and out ( fracking or hydraulic fracturing)
Dangers of fracking
Fracking is very destructive:
-it changes the rock formations forever
- it destroys underground water supplies
- it pollutes the underground water with chemicals and gas
Geopolitical
Relating to politics, especially international relations as influenced by geographical factors
Natural gas
- Main producers are USA and Russia
- A strong positive correlation between the amount of gas produced and consumed in a country.
Trends in natural gas
-Proven reserves of gas globally increased significantly between 2002 -2012
- Consumption of natural gas is highest in Europe and Euroasia (over 32%) and North America ( about 27%)
- Global reserves to production ratio = 55 years
Conventional gas
The gas that is usually extracted currently when drilling for it
Unconventional gas
Gas that comes from more difficult to reach places.
Tight gas
Natural gas reservoirs locked in very impermeable, hard rock
Shale gas
Gas found between shale rock sediments / layers
Coal bed methane
Gas that is found in deposits or layers of coal