Today, two billion people under the age of 14 have lived the majority of their lives past the point when this century-long growth in oil supplies came to an end, which also marks the end of the first half of the age of oil. This transition has ushered in a new reality of high oil prices, stagnating oil supplies, and sluggish economies. In this book, a leading authority on energy explores the contributions and continuing legacy of Colin Campbell and Jean LaherrAure, the two geologists who modified the terms of the debate about oil.According to this information, the world had, at the end of 1996, approximately 850 Gb of so-called conventional oil in P50 ... left in many fields with higher numbers, in particular P90 estimates that by definition were 90% likely to be exceeded.
|Title||:||The First Half of the Age of Oil|
|Author||:||Charles Hall, Carlos A. Ramírez-Pascualli|
|Publisher||:||Springer Science & Business Media - 2012-12-05|