The Effects of Oil depletion in the near future
Oil is a finite resource that originally developed from prehistoric algae and other microorganisms. Colin J. Campbell from “Depletion and Denial” states: The prolific formation of oil has occurred only a few times in the Earth’s long geological history. For example, almost all the oil from the Gulf Coast of the U.S. to Peru, including the vast degraded deposits of Venezuela, which hold even more than the Middle East, was the result of a brief period of excessive global warming 90,000,000 years ago. Algae flourished in those ancient warm, dead, stagnant, and anoxic seas. Another such epoch, 140,000,000 years ago, was responsible for the oil in the North Sea and much of the Middle East. (2) However, many people know little about the controversial issue of oil and oil depletion besides what they have been told by un-informed experts. It has become so controversial because of the difficulty in predicting the current oil supply. Most people are too optimistic in their estimates of the supply because of the dire implications of a shortage. Simply put, energy is the key that unlocks all other resources. As of today, oil accounts for 40 percent of all energy use in the world. This accounts for 26 billion barrels a
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Some common words found in the essay are:
Running Empty, Policy Issues, Middle East, According Campbell, Jacob Fisker, Information Administration, Jevons Paradox, Colin Campbell, Depletion Denial, Cheap Oil, oil supply, oil depletion, 40 percent, colin campbell, percent worlds, source efficient abundant, 60 percent, percent population, percent oil, 80 percent, example oil,
Approximate Word count = 1486
Approximate Pages = 6 (250 words per page double spaced)
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