The study of energy begins with the source of energy. Energy is the product of movement and law. Nothing exists without it. It can not be found "below", in the simplest forms of life, or far away on distant planets or stars. It can not be found. It finds you because it created you. It's source is the Triune GOD. Energy comes from above and outside of time. God moved. The glory of God is light. His light is a creative law order. He moved, His light came and that is the source of all energy!

Wednesday, September 2, 2009

Peak oil: To be or not to be? (BP oil discovery)

On the BP discovery:

http://www.businessinsider.com/bps-oil-discovery-is-great-for-bp-but-doesnt-change-the-energy-picture-2009-9

Peak oil: Doug Hornig believes the data support the conclusion of peak oil.
http://tinyurl.com/mjpxaf

World consumption: 1 billion barrels every 12 days. (85 million/day)
http://tonto.eia.doe.gov/cfapps/ipdbproject/IEDIndex3.cfm?tid=5&pid=54&aid=2
That is 30 billion barrels/year.
Discoveries of new oil: 10 billion a year during the 21st century
http://en.wikipedia.org/wiki/Peak_oil#Discoveries
Depletion is 20 Gb/year.

Are exploration rates constant?
http://www.ods-petrodata.com/odsp/day_rate_index.php