Monday, April 2, 2007

Where does the oil start

We have all been to the gas pumps getting frustrated with the daily price changes and the effects of the oil business on the United States lately, what I am going to write about is the origins from the ground to the pumps and as much as I can find in between. The oil has to start somewhere for this blog it’s going to start in the ground.
To start we have origins of the black gold, it has been documented that the top three oil producing countries are Saudi Arabia, Iran, and Iraq. This information was found from the OPEC website in the FAQ section within the library section if interested. Here is a fun fact some of these countries produce up to 260,000 barrels of crude a year and they are a very influencing voice in pricing in case you didn’t know.
Oil unfortunately did not just show up from the ground beneath the local shell station it came from the decomposition of ancient plants animals and sediments taking decades to move into a position to be harvested as a usable source of energy. The process of obtaining this precious commodity that the world over shares is simple at best. To drill to a depth within the earth into a satisfactory reservoir found by well paid geologists whose sole job is studying an area for the best deposit. Now lately you may have heard a lot about Oil Peaking on the news.
Oil Peaking is portrayed as the running out of oil this is not so. The peaking is referring to the Hubbard scale featured below from after the oil crash site. Peaking is not the running out of oil merely the lack of oil to sustain our current way of life. The models for this event state there is a chance anytime from present to the year 2040 so start thinking of finding non oil related ways of living.

1 comment:

Julie P.Q. said...

This reminds me of a class I took at GMU, and it was all about Oil and Culture. I have some great books for you if you're interested. One is called Oil! and it's by Upton Sinclair, written about the 20s oil rush in Southern California.

I look forward to learning more from your blog!

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