COMPANIES EXPLORING ALTERNATIVE ENERGY SOURCES

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Posted by admin | Posted in Green Energy | Posted on 24-11-2009

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COMPANIES EXPLORING ALTERNATIVE ENERGY SOURCES
Oil questions could anyone please help?

Could anyone answer these questions please…

The world’s oil supply is running out. It won’t be gone today, it may not be gone tomorrow, but it will be gone someday — unless action is taken. Consider what you think should be done.

How can the world prolong its use of oil? Should consumers work to conserve the oil that is left?
Should petroleum companies explore and open new oil fields?
Should scientists concentrate their efforts on new technologies to get more oil out of the ground?
Should scientists look for alternative sources of energy?

I was reading an answer on here the other day from someone who was very knowledgeable about oil supplies and he was saying that oil in the form we know it should last another 50 years but there is also a lot of oil mixed with impurities such as sand. There’s huge deposits of this but for now we’re ignoring it because it’s more difficult to extract. I beleive the bottom line was that there’s about 100 years worth of oil left from all sources. I don’t know whether these figures took into account increasing demand form an expanding population, if not then it will run sooner.

Petroleum companies are continually searching for new oil fields but they’re running out of places to look. They’ll reach a point soon where there’s nowhere left to look and will have to return to less productive oil fields and places where it’s harder to extract from. This will undoubtedly require technological and scientific advances and I think it’s a safe bet that the oil companies are developing the necessary techniques.

I know one of the UK oil companies has developed horizontal drilling – only one vertical shaft is needed so less environmental impact and the drilling can link many smaller pockets of oil which wouldn’t be viable to extract if a new well had to be dug down to each pocket.

As for alternative energy. There are several alternatives already, advances mean these are becoming more efficient. Some areas which until now have not seen much research and development include tidal and wave power. This is being explored more in recent years.

As economies become more and more dependent on overseas oil they’ll have to develop their own energy sources if they don’t want to be dictated to by the countries that have the oil.

The Energy Crisis & The Future of Energy Gases Part 1 Video


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