1. ENERGY: SUPPLY AND DEMAND Dr. Ron Lembke

3. International Energy Outlook, 2011, US Energy Information Admistration, eia.gov

4. EIA Demand Scenarios http://www.eia.gov/conf_pdfs/Monday/Sweetnam_eia.pdf

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

7. Causality or Correlation?

8. Different Scenarios http://www.eia.gov/tools/faqs/faq.cf m?id=38&t=6

11. The Price of energy

12. Gas Prices 1990-2012 Data: http://www.eia.gov/dnav/pet/pet_pri_gnd_dcus_nus_w.htmhttp://www.eia.gov/dnav/pet/pet_pri_gnd_dcus_nus_w.htm

13. Price of Liquids

15. EIA Predicted Price of Crude Oil, 2011 Death Valley, April 2012

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

17. Where does our oil come from?

18. US Oil Imports, US EIA

20. Proven Oil Reserves, CIA Factbook, 2014

23. Carbon Capture & Sequestration  Porous rock formations  Small scale tests  Expensive – lose 30% of electricity gained  So make more electricity – It’s CARBON FREE!  There are other pollutants  What if it gets out?  Natural gas stays safely underground

24. Solar Resources

25. Geothermal Resources

26. Wind Resources

27. Renewables’ Share growing

28. Summary  Demand for energy is going to increase significantly  Growing populations  Rising standards of living  Supply of energy not increasing as fast  Global oil supplies are finite  Peak oil is likely coming in next 40 years  Alternative energy sources