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Export Land Model
The Export Land Model, or Export-Land Model, refers to work done by Dallas geologist Jeffrey Brown, building on the work of others, and discussed widely on The Oil Drum. It models the decline in oil exports that result when an exporting nation experiences both a peak in oil production and an increase in domestic oil consumption. In such cases, exports decline at a far faster rate than the decline in oil production alone. The Export Land Model is important to petroleum importing nations because when the rate of global petroleum production peaks and begins to decline, the petroleum available on the world market will decline much more steeply than the decline in total production. Theory As world oil exports approach (or pass) a global peak, the price of exported oil increases and further stimulates domestic economic growth and oil consumption in Export-Land countries, creating a positive feedback process between declining exports and higher prices. Eventually, however, the l ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The Oil Drum
''The Oil Drum'' was a website devoted to analysis and discussion of energy and its impact on society that described itself as an "energy, peak oil & sustainability research and news site". ''The Oil Drum'' was published by the Institute for the Study of Energy and Our Future, a Colorado non-profit corporation. The site was a resource for information on many energy and sustainability topics, including peak oil, and related concepts such as oil megaprojects, Hubbert linearization, and the Export Land Model. ''The Oil Drum'' had over 25 online contributors from all around the globe. In 2013, the site ceased publishing new articles. As of October 2016, the site continues to function as an archive. ''The Oil Drum'' was rated one of the top five sustainability blogs of 2007 by Nielsen Netratings, and was read by a diverse collection of public figures, including Roscoe Bartlett, Paul Krugman, James Howard Kunstler, Richard Rainwater, and Radiohead. In 2008, the site received the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Malaysia
Malaysia ( ; ) is a country in Southeast Asia. The federation, federal constitutional monarchy consists of States and federal territories of Malaysia, thirteen states and three federal territories, separated by the South China Sea into two regions: Peninsular Malaysia and Borneo's East Malaysia. Peninsular Malaysia shares a land and maritime Malaysia–Thailand border, border with Thailand and Maritime boundary, maritime borders with Singapore, Vietnam, and Indonesia. East Malaysia shares land and maritime borders with Brunei and Indonesia, and a maritime border with the Philippines and Vietnam. Kuala Lumpur is the national capital, the country's largest city, and the seat of the Parliament of Malaysia, legislative branch of the Government of Malaysia, federal government. The nearby Planned community#Planned capitals, planned capital of Putrajaya is the administrative capital, which represents the seat of both the Government of Malaysia#Executive, executive branch (the Cabine ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
World Energy Resources And Consumption
World energy supply and consumption is global production and preparation of fuel, generation of electricity, energy transport, and energy consumption. It is a basic part of economic activity. It includes heat, but not energy from food. This article provides a brief description of energy supply and consumption, using statistics summarized in tables, of the countries and regions that produce and consume most. Energy production is 80% fossil. Half of that is produced by China, the United States and the Arab states of the Persian Gulf. The Gulf States and Russia export most of their production, largely to the European Union and China, where not enough energy is produced to satisfy demand. Energy production is increasing 1 to 2% per year, except for solar and wind energy which averaged 20% per year in the 2010s. Produced energy, for instance crude oil, is processed to make it suitable for consumption by end users. The supply chain between production and final consumption involves ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Oil Reserves
An oil is any polarity (chemistry), nonpolar chemical substance that is composed primarily of Hydrocarbon, hydrocarbons and is hydrophobe, hydrophobic (does not mix with water) & lipophilicity, lipophilic (mixes with other oils). Oils are usually flammable and surfactant, surface active. Most oils are unsaturated lipids that are liquid at room temperature. The general definition of oil includes classes of chemical compounds that may be otherwise unrelated in structure, properties, and uses. Oils may be animal fats, animal, vegetable oil, vegetable, or petrochemical in origin, and may be Volatility (chemistry), volatile or non-volatile. They are used for food (e.g., olive oil), fuel (e.g., heating oil), medical purposes (e.g., mineral oil), lubrication (e.g. motor oil), and the manufacture of many types of paints, plastics, and other materials. Specially prepared oils are used in some religious ceremonies and rituals as purifying agents. Etymology First attested in English 1 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Oil Price Increases Since 2003
:''This article is a chronology of events affecting the oil market. For a discussion of the energy crisis of the same period, see 2000s energy crisis. For current fuel prices, see Gasoline and diesel usage and pricing, Gasoline usage and pricing.'' From the mid-1980s to September 2003, the inflation adjusted Price of oil, price of a barrel (unit), barrel of crude oil on New York Mercantile Exchange, NYMEX was generally under $25/barrel. Then, during 2004, the price rose above $40, and then $60. A series of events led the price to exceed $60 by August 11, 2005, leading to a record-speed hike that reached $75 by the middle of 2006. Prices then dropped back to $60/barrel by the early part of 2007 before rising steeply again to $92/barrel by October 2007, and $99.29/barrel for December futures in New York City, New York on November 21, 2007. Throughout the first half of 2008, oil regularly reached record high prices. Prices on June 27, 2008, touched $141.71/barrel, for August deliver ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Energy Security
Energy security is the association between national security and the availability of natural resources for energy consumption. Access to (relatively) cheap energy has become essential to the functioning of modern economies. However, the uneven distribution of energy supplies among countries has led to significant vulnerabilities. International energy relations have contributed to the globalization of the world leading to energy security and energy vulnerability at the same time. Renewable resources exist worldwide across every biome except the North and South Poles (only nuclear (and wind in the winter) is feasible), in contrast to fossil fuels, which are concentrated in a limited number of countries. Nations don't switch from unpredictable fossil fuels to renewables overnight. It is a long, continuous process. Rapid deployment of renewable energy, increased energy efficiency, and diversification of energy sources, energy stores, and types of energy machines can use all ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Energy Development
Energy development is the field of activities focused on obtaining sources of energy from natural resources. These activities include production of renewable, nuclear, and fossil fuel derived sources of energy, and for the recovery and reuse of energy that would otherwise be wasted. Energy conservation and efficiency measures reduce the demand for energy development, and can have benefits to society with improvements to environmental issues. Societies use energy for transportation, manufacturing, illumination, heating and air conditioning, and communication, for industrial, commercial, and domestic purposes. Energy resources may be classified as primary resources, where the resource can be used in substantially its original form, or as secondary resources, where the energy source must be converted into a more conveniently usable form. Non-renewable resources are significantly depleted by human use, whereas renewable resources are produced by ongoing processes that can sust ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Iran
Iran, officially the Islamic Republic of Iran, and also called Persia, is a country located in Western Asia. It is bordered by Iraq and Turkey to the west, by Azerbaijan and Armenia to the northwest, by the Caspian Sea and Turkmenistan to the north, by Afghanistan and Pakistan to the east, and by the Gulf of Oman and the Persian Gulf to the south. It covers an area of , making it the 17th-largest country. Iran has a population of 86 million, making it the 17th-most populous country in the world, and the second-largest in the Middle East. Its largest cities, in descending order, are the capital Tehran, Mashhad, Isfahan, Karaj, Shiraz, and Tabriz. The country is home to one of the world's oldest civilizations, beginning with the formation of the Elamite kingdoms in the fourth millennium BC. It was first unified by the Medes, an ancient Iranian people, in the seventh century BC, and reached its territorial height in the sixth century BC, when Cyrus the Great fo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Saudi Arabia
Saudi Arabia, officially the Kingdom of Saudi Arabia (KSA), is a country in Western Asia. It covers the bulk of the Arabian Peninsula, and has a land area of about , making it the fifth-largest country in Asia, the second-largest in the Arab world, and the largest in Western Asia and the Middle East. It is bordered by the Red Sea to the west; Jordan, Iraq, and Kuwait to the north; the Persian Gulf, Qatar and the United Arab Emirates to the east; Oman to the southeast; and Yemen to the south. Bahrain is an island country off the east coast. The Gulf of Aqaba in the northwest separates Saudi Arabia from Egypt. Saudi Arabia is the only country with a coastline along both the Red Sea and the Persian Gulf, and most of its terrain consists of arid desert, lowland, steppe, and mountains. Its capital and largest city is Riyadh. The country is home to Mecca and Medina, the two holiest cities in Islam. Pre-Islamic Arabia, the territory that constitutes modern-day Saudi Ar ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
CIBC World Markets
CIBC World Markets Inc. is the investment banking subsidiary of the Canadian Imperial Bank of Commerce. The firm operates as an investment bank both in the domestic and international equity and debt capital markets. The firm provides a variety of financial services including credit and capital market products, mergers and acquisitions, merchant banking, and other investment banking advisory services. Established via a series of acquisitions, including Canadian brokerage Wood Gundy and U.S.-based Oppenheimer & Co., CIBC World Markets has been a leading investment bank in Canada with a notable presence in various international markets at times over the years. CIBC World Markets is headquartered in Toronto with offices in Calgary, Montreal, Vancouver, Ottawa, New York City, Atlanta, Boston, Chicago, Houston, Salt Lake City, Beijing, Dublin, Hong Kong, London, Shanghai, Singapore, Sydney and Tokyo. History CIBC Wood Gundy The original Wood Gundy company was established in To ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The New York Times
''The New York Times'' (''the Times'', ''NYT'', or the Gray Lady) is a daily newspaper based in New York City with a worldwide readership reported in 2020 to comprise a declining 840,000 paid print subscribers, and a growing 6 million paid digital subscribers. It also is a producer of popular podcasts such as '' The Daily''. Founded in 1851 by Henry Jarvis Raymond and George Jones, it was initially published by Raymond, Jones & Company. The ''Times'' has won 132 Pulitzer Prizes, the most of any newspaper, and has long been regarded as a national " newspaper of record". For print it is ranked 18th in the world by circulation and 3rd in the U.S. The paper is owned by the New York Times Company, which is publicly traded. It has been governed by the Sulzberger family since 1896, through a dual-class share structure after its shares became publicly traded. A. G. Sulzberger, the paper's publisher and the company's chairman, is the fifth generation of the family to head the pa ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Yemen
Yemen (; ar, ٱلْيَمَن, al-Yaman), officially the Republic of Yemen,, ) is a country in Western Asia. It is situated on the southern end of the Arabian Peninsula, and borders Saudi Arabia to the Saudi Arabia–Yemen border, north and Oman to the Oman–Yemen border, northeast and shares maritime borders with Eritrea, Djibouti, and Somalia. Yemen is the second-largest Arabs, Arab sovereign state in the peninsula, occupying , with a coastline stretching about . Its constitutionally stated Capital city, capital, and largest city, is Sanaa. As of 2021, Yemen has an estimated population of some 30.4 million. In ancient times, Yemen was the home of the Sabaeans, a trading state that included parts of modern-day Ethiopia and Eritrea. Later in 275 AD, the Himyarite Kingdom was influenced by Judaism. Christianity arrived in the fourth century. Islam spread quickly in the seventh century and Yemenite troops were crucial in the early Islamic conquests. Several Dynasty, dynasties ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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