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Learn the Latest about Peak Oil: Challenges and Responses, February 11
Dated Press Release
NOTICE: This press release was released 581 days ago!
(Release Date: Feb-05-2009)
NOTICE: This press release was released 581 days ago!
(Release Date: Feb-05-2009)
Contact Information
Contact: Patty BignerCustomer and Employee Relations Manager
(970) 416-2432
fcgov.com/eps
With gasoline prices on the rise again, now’s the time to better understand the dynamics of world oil supply and its potential impacts on our daily lives. Join Morey Wolfson and Steve Andrews, Association for the Study of Peak Oil and Gas (ASPO), at the next free program in the Residential Environmental Series, Peak Oil: Challenges and Responses, 7-9 p.m., Wednesday, Feb. 11, Drake Centre, 802 W. Drake Rd. (the former Steele’s Market).
The phrase “peak oil” describes the point in time when oil production in an area (e.g. oil field, state, nation or worldwide) reaches maximum production. Many experts believe that between now and 2015, world oil supply will peak and no longer be able to keep up with rising demand.
During the presentation, speakers will discuss the following:
•Oil production in the United States peaked in 1970.
•Worldwide discovery of oil peaked during the 1960s.
•Today, we are able to find only 1/3 as much new oil as we consume.
•The U.S. consumes 21 million barrels of oil per day, about 25 percent of world consumption—58 percent of that oil is imported.
•Current corn ethanol production is 0.4 million barrels per day (gasoline equivalent).
•Of the top 21 oil producing countries (84 percent of world oil supply), six have peaked and five have volatile or flat production.
Participants will experience a Google-Earth flyover of world energy hot-spots, learn the history of oil production, where we are now and possible future scenarios. Find out what’s driving price volatility at the pump. Alternatives, such as biodiesel, ethanol, oil sands, oil shale, hybrids and electric vehicles will be discussed with regard to potential impacts on oil consumption.
“Every aspect of our society has deep ties to oil, from transportation to food production and delivery, to the clothes we wear, and almost every imaginable product we use,” said Gary Schroeder, energy services engineer with Fort Collins Utilities. “Understanding the precarious supply of this precious resource is everyone’s business.”
For more information or to learn about other programs in the Residential Environmental Program Series, visit fcgov.com/eps, e-mail , call (970) 221-6700 or TDD (970) 224-6003.
The phrase “peak oil” describes the point in time when oil production in an area (e.g. oil field, state, nation or worldwide) reaches maximum production. Many experts believe that between now and 2015, world oil supply will peak and no longer be able to keep up with rising demand.
During the presentation, speakers will discuss the following:
•Oil production in the United States peaked in 1970.
•Worldwide discovery of oil peaked during the 1960s.
•Today, we are able to find only 1/3 as much new oil as we consume.
•The U.S. consumes 21 million barrels of oil per day, about 25 percent of world consumption—58 percent of that oil is imported.
•Current corn ethanol production is 0.4 million barrels per day (gasoline equivalent).
•Of the top 21 oil producing countries (84 percent of world oil supply), six have peaked and five have volatile or flat production.
Participants will experience a Google-Earth flyover of world energy hot-spots, learn the history of oil production, where we are now and possible future scenarios. Find out what’s driving price volatility at the pump. Alternatives, such as biodiesel, ethanol, oil sands, oil shale, hybrids and electric vehicles will be discussed with regard to potential impacts on oil consumption.
“Every aspect of our society has deep ties to oil, from transportation to food production and delivery, to the clothes we wear, and almost every imaginable product we use,” said Gary Schroeder, energy services engineer with Fort Collins Utilities. “Understanding the precarious supply of this precious resource is everyone’s business.”
For more information or to learn about other programs in the Residential Environmental Program Series, visit fcgov.com/eps, e-mail , call (970) 221-6700 or TDD (970) 224-6003.