Wed, Apr 27, 2005 - Page 9 News List

Falling oil production will change the world

Oil production could peak next year, so it is time for people in many countries to start preparing for major adjustments in lifestyle

By John Vidal  /  THE GUARDIAN , LONDON

3. Oil shales

These are seen as the US government's energy stopgap. They exist in large quantities in ecologically sensitive parts of Colorado, Wyoming and Utah at varying depths, but the industrial process needed to extract the oil demands hot water, making it much more expensive and less energy-efficient than conventional oil. The mining operation is extremely damaging to the environment. Shell, Exxon and other oil companies are investing billions of dollars in this expensive oil production method.

This story has been viewed 6351 times.
TOP top