Energy Usage Dr. Ron Lembke. Hubbert’s Peak M. King Hubbert, “Nuclear Energy and the Fossil Fuels” (Drilling and Production Practices, American Petroleum.

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Presentation transcript:

Energy Usage Dr. Ron Lembke

Hubbert’s Peak M. King Hubbert, “Nuclear Energy and the Fossil Fuels” (Drilling and Production Practices, American Petroleum Institute, Washington, DC, 1956),

When is the Peak? 2004 data

Causality or Correlation?

US Energy Usage Sankey diagram goes here

Price of Liquids

EIA Administrator Jay Hakes to the April 18, 2000 meeting of the American Association of Petroleum Geologists in New Orleans, Louisiana 100mb/d=36bb/y 3tb lasts 83 yrs?

Amount of Recoverable Oil, 2004 S

US Oil Imports, US EIA

THE PRICE OF ENERGY

NV Electricity Prices Elect. Price Data: EIA, 20y Rsq=0.91, 10y Rsq=0.94

Source: NV Energy, Jan. 2011

Electricity and Natural Gas in NV

Natural Gas Price Forecast

Electricity Costs (again)

NV Energy Plants Coal: 487 MW Gas: 4,233 MW Wind:200 MW Geo:130 MW

NV Energy Emissions

Global Hydrocarbon Reserves

Oil Sands reserves Difference vs light sweet crude

Proved reserves are those quantities of petroleum which, by analysis of geological and engineering data, can be estimated with a high degree of confidence to be commercially recoverable from a given date forward, from known reservoirs and under current economic conditions.

Proven Oil Reserves, CIA Factbook

OPEC Nations

Laherre, 1997