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Shell says world oil and gas demand to outstrip supply in 7 years (1 viewing) (1) Guest
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TOPIC: Shell says world oil and gas demand to outstrip supply in 7 years
#1063
Martin (Admin)
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Peak Oil - are we there yet? 1 Year, 9 Months ago  
Here in Hong Kong, the Living Islands Movement has circulated guff on a video about the imminent end of oil; steep demise forecast for within three years (which would seem too fast to me, without seeing the video).

various related sites: www.peakoil.net www.lifeaftertheoilcrash.net www.globalpublicmedia.com www.transitionculture.org www.peakoil.com

via one of these, came across ABC (Australian tv) documentary on Peak Oil, which you can watch online surely gives pause for thought:
Peak Oil?

Also a site on a 90-minute documentary, The Oil Crash

Try also Simmons and Company International - Investment Bankers to the Energy Industry, inc the speeches by Matthew R. Simmons: I've had read through &quot;The Energy Crisis has Arrived&quot;<br><br>Post edited by: martin, at: 2006/07/20 16:02
 
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Shell says world oil and gas demand to outstrip supply in 7 years 3 Months, 2 Weeks ago  
World demand for oil and gas will outstrip supply within seven years, according to Royal Dutch Shell.

The oil multinational is predicting that conventional supplies will not keep pace with soaring population growth and the rapid pace of economic development.

Jeroen van der Veer, Shell’s chief executive, said in an e-mail to the company’s staff this week that output of conventional oil and gas was close to peaking. He wrote: “Shell estimates that after 2015 supplies of easy-to-access oil and gas will no longer keep up with demand.”

The boss of the world’s second-largest oil company forecast that, regardless of government policy initiatives and investment in renewables, the world would need more nuclear power and unconventional fossil fuels, such as oil sands.

“Using more energy inevitably means emitting more CO2 at a time when climate change has become a critical global issue,” he wrote.

The Times: Shell chief fears oil shortage in seven years
 
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