Difference between revisions of "Oil & gas"

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{{quote|The world’s present industrial civilization is handicapped by the coexistence of
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{{quote|The world’s present industrial [[The social mechanism|civilization]] is handicapped by the coexistence of
 
two universal, overlapping, and incompatible intellectual systems: the
 
two universal, overlapping, and incompatible intellectual systems: the
 
accumulated knowledge of the last four centuries of the properties and
 
accumulated knowledge of the last four centuries of the properties and

Revision as of 22:54, 22 September 2014

Quote.pngThe world’s present industrial civilization is handicapped by the coexistence of

two universal, overlapping, and incompatible intellectual systems: the accumulated knowledge of the last four centuries of the properties and interrelationships of matter and energy; and the associated monetary culture

which has evolved from folkways of prehistoric origin.
— M. King Hubbert

Growth

The greatest shortcoming of the human race is our inability to understand the exponential function -Albert Bartlett

Albert Bartlett links the growth of population growth as the fundamental factor influencing energy consumption. The video Arithmetic, Population, and Energy covers exponential increases with examples in population growth, energy growth and peak oil theory.

Production Sharing Agreements

Oil output

News items relating to oil price

April 2010 Deepwater Horizon oil spill

See also

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