Global Energy Demand Thomas Edison invented the light bulb in 1879. The first oil well was drilled in Pennsylvania in 1859. Since those two historic discoveries, technology and industry have rapidly grown to a point of absolute necessity today and is a key in the development of the human society to help control and adapt to the environment. The requirement of energy and oil throughout the world has also grown exponentially in parallel to meet this necessity. As developed countries, like the United States, Japan, China, and Canada, progress and grow in population, more demands for energy and fuel are created. Likewise, as less advanced countries bring themselves into the global economy, they will also have increased energy and oil demands. So then the question begs, where are the resources for these demands coming from, what problems do they pose, will they be sufficient, and what options will there be for future demands? These are the questions we need to be asking our selfs today because after all what we do today always has an impact on tomorrow. Currently there three major Energy's used globally starting with oil. Energy and oil have a direct relationship. Energy is the electricity, heat, and fuel needed to power all the aspects of human lives. Oil itself is the main resource for energy currently, contributing 40% to the global energy supply. Specifically, oil as a source of fuel is used to power the majority of transportation throughout the world. However, it also has significant use in heating and making electricity. There are many other sources of energy as well. The second largest provider of energy is Natural Gas , which accounts for about 23% of the world’s energy consumption. coal then comes in a close third and cove... ... middle of paper ... ...s." 63-75. Foreign Affairs, 2010. Academic Search Elite. EBSCO. Web. 10 Mar. 2010. Stieglitz, Richard, and Rick Docksai. "Why the World May Turn to Nuclear Power: Demand for Fossil Fuels May Decline, but Demand for Electric Power Will Soar. Nuclear Power, Resisted by Many, May Provide a Long-term Solution, and It Has Come a Long Way since Three Mile Island and Chernobyl." The Futurist 1 Nov. 2009: 1+. Print. Tillerson, Rex. "Meeting Global Energy Supply and Demand Challenges." Exxon Mobil Corporation. 1 July 2008. Web. 10 Mar. 2010 . Wood, John H., David F. Morehouse, and Gary R. Long. "Long Term World Oil Supply." Energy Information Administration. 18 Aug. 2004. Web. 05 Apr. 2010. .
Smil, V. (2010).Myths in the Headlines: Nuclear Power, Energy: Myths and Realities: Bringing Science to the Energy Policy Debate (pp. 150-157). Washington, D.C.: Publisher for the American Enterprise Institute.
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The U.S. may be in trouble when it comes to oil, but there are ways we can solve this problem. One way is to try to find alternative energy sources. We should research hydro-electric power, nuclear power, solar power, wind power or other possibilities. With an alternative energy source, we would not have to cut out oil completely, but we would n...
The modern world of today runs on fossil fuels with crude oil being the live blood of industrialized countries. Though much of the twentieth century old was plentiful easily acquired and low in cost it has only been in the past thirty years that we have seen oil prices rise substantially. This can be attributed to many different reason. These price changes have challenged the industrialized world to become more creative with their techniques of both acquiring oil and using it.
Stieglitz, R & Docksai, R, 2009 ‘Why the World May Turn to Nuclear Power’ The Futurist, pp. 17-22.
Campbell, Colin J., Laherrere, Jean H. "The End Of Cheap Oil." Scientific American Mar. 1998: 78-83.
(accessed November 14, 2013). Talks about the history of OPEC and what their mission is and how the Impact the Oil community.
“Do we have enough oil worldwide to meet our future needs?” U.S. Energy Information Administration, 12 April 2011, web, 24 August 2011
The use of fossil fuels on a large scale, specifically coal, began with the Industrial Revolution in England. Industries/corporations first used coal as a main source of energy to fuel their factories, and it became even more popular when railroads started. According to the United States Energy Department, "...by the early 20th century coal had become the major fuel in the United States, accounting for nearly 75% of the nation's energy requirements." Soon after, newer and cheaper fossil fuels, such as oil and natural gas, were high in demand. Energy Supplies, Sustainability, and Costs, by Sandra Alters, states oil was used as the main source of fuel to heat homes and offices, and gas powered the growing number of cars (57). "Oil shoved aside coal as the world's primary fuel, just as coal had replaced wood", says Tom Mast in Over a Barrel: A Simple Guide to the Oil Shortage (15). Most Americans were not concerned wit...
"Reduce Oil Dependence Costs." Fuel Economy. U.S. Environmental Protection Agency, 18 Oct. 2011. Web. 18 Oct. 2011. .
Over the past 200 years, mankind discovered the fossil fuels and they used this source to produce hug energy. This affects the environment in many negative ways and caused many issues worldwide such as urban air pollution and acid rain, oil spills and the high temperature of earth. Saudi Arabia has the biggest oil reserves in the world by 19.66% (the world factbook, 2011) and the second oil producer country in the world with roughly 10.121 million barrels a day – which account for 12% of the total world production of oil in 2010 (Fontinelle,2011). Moreover, the country relies heavily on oil industry. And the most successful companies in the country are thus whose work in oil industry such as ARAMCO Company. The reason behind this success is because most of these companies get financial support and attention from the Saudi government and sometimes the government owes these companies. Because of the massive reserve of oil and the high income that generated from oil, the country has less attention to seek for other sources of clean energy such as solar energy and wind energy which leads to the increase of air pollution in the country. However, oil is expected to last in the next 50 to 100 years (Hubbert, 1956). Furthermore, the International organizations have made many decisions to protect the environment and environmental resource such as Kyoto Protocol which decided to raise the use of solar energy to 50%of the total global energy use by 2020 (UNFCCC ,2005 ). Recently, these issues lead the Saudi government to realize problems, such as air pollutions, and start to invest in clean energy area but not as expected. These days many people in Saudi Arabia argue the uses of clean energy and replace with the fossil fuels. And they d...
The importance of oil to the modern world is unique in character and far-reaching in scope. It is a singularly autonomous variable in the world economy and it is used inter alia for transportation, heating and production.
...g the Energy Revolution." Foreign Affairs. Nov/Dec 2010: 111. SIRS Issues Researcher. Web. 21 Nov 2011.
Though it might seem that the world’s energy supply is secure as of the present, this issue is something that is beginning to worry even the richest states. “Countries as far apart as South Africa and Tajikistan are plagued by power cuts and there have been riots in several nations because of disruptions to electricity” and “rich states [are] no longer strangers to periodic blackouts” (ElBaradei). If we look again at the breakdown of U.S. electricity generation by energy source, it is evident that nuclear power is the next most substantial chunk of energy generation, with other renewables weighing in far behind that. I believe this begs the question, why do we not expand nuclear power to encompa...