Energy Economics

The geologic structure in which petroleum has been trapped and has accu-mulated, whether it was the source rock or the rock to which petroleum has migrated, is called the petroleum reservoir. Predictions of future shortages of oil began shortly after commercial production started in the late nineteenth century. In the first half of the twentieth century, there was national concern about imminent and irreversible shortages of oil on at least six occasions. In the 1950s M. King Hubbert, a geophysicist at Shell Development Company in Houston, developed a model of a cycle of production of ...

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A revolutionary invention in 1909 greatly increased the depth of wells that could be drilled. The original drilling technology, adapted from water well drilling, was to drop a heavy “bit” onto the rock. The rock would shatter and be periodically removed by a scoop. This method is slow, inefficient and not feasible below a thousand meters or so. The far more efficient continuous hydraulic rotary drilling system used today was invented by Hughes Tool Co. c. 1900. It consisted of a rotary cutting tool at the bottom end of a pipe, which was rotated as a whole by an engine at the top. A ...

As the power source of social developments, energy is of decisive importance to a country’s economic performance, competition ability and overall national strength. Among all kinds of energy, petroleum and natural gas, functioning as the key resources, high-quality chemical raw materials and indispensable war materials, are capturing more and more attention nowadays by counties all around the world, that is why they are also called the black gold. Fossil fuels (coal, oil and natural gas) provide about 87 % of the energy utilized by humanity, and modern societies are completely dependent ...

Our current monetary system is broken. Inflation is rampant, our savings are being devalued, and it seems there is no hope for a solution. Fiat money is robbing us and our neighbors of our most valuable commodity - time. As Christians, we are called to love our neighbors, but how can we do that when the money we use is contributing to a system that is stealing from them? It may seem unconventional, but Bitcoin offers a solution to this problem. The Bible calls for a just and equal monetary system, free of fraud and deception - and Bitcoin fits the bill.

In Bad Money, Phillips describes the consequences of our misguided economic policies, our mounting debt, our collapsing housing market, our threatened oil, and the end of American domination of world markets. America's current challenges (and failures) run striking parallels to the decline of previous leading world economic powers - especially the Dutch and British.

Global demand for power is doubling every two decades, but electricity remains one of the most difficult forms of energy to supply and do so reliably. Today, some three billion people live in places where per-capita electricity use is less than what's used by an average American refrigerator. How we close the colossal gap between the electricity rich and the electricity poor will determine our success in addressing issues like women's rights, inequality, and climate change.

In this user-friendly and informative audiobook, prolific author and academic Vaclav Smil provides an introduction to this far-reaching term and gives the reader a greater understanding of energy's place in both past and present society. Starting with an explanation of the concept, he goes on to cover such exciting topics as the inner workings of the human body, and the race for more efficient and environmentally friendly fuels.

Prize-winning poet and journalist Eliza Griswold’s Amity and Prosperity is an expose on how fracking shattered a rural Pennsylvania town, and how one lifelong resident brought the story into the national spotlight. This is an incredible true account of investigative journalism and a devastating indictment of energy politics in America.

Learn about Energy Security with iMinds Money's insightful fast knowledge series. Since the industrial revolution the consumption of relatively inexpensive energy has become vital to the functioning of the world economy and modern society. Energy production that is heavily reliant on fossils fuels sourced from an increasingly concentrated number of countries leaves economies highly vulnerable to energy security threats.

One of the characteristics of oil in its early exploration and production has been the requirement of large capital investments for exploratory activity associated with unexplored fields surrounding new oil reserves, and costly development expenditures that are subsequently needed for extension and expanding of such fields once they were explored. Therefore, the evolution of the oil industry had not been and cannot be treated in a manner of a mom-and-pop enterprise in which capital has yet to turn into a well-developed process of concentration and centralization. On the other hand, in the ...

Looking to make the most of your land, but not sure where to start? Look no further than Maximizing Land Value, the essential guide to sustainable land and resource management! In this comprehensive eBook, you'll learn everything you need to know about optimizing land use and enhancing your land's value, from soil and water management to wildlife and grazing management. We'll cover everything from timber management to renewable energy options, ensuring you have all the tools you need to create a sustainable and profitable property. With our step-by-step chapters, you'll learn the ins and ...

The transition to clean energy is moving far too slowly. Trapped by a century of fossil fuel investments and politicians that struggle to plan beyond the next election, the “Big Grid” that powers our modern world is outdated and in dire need of an upgrade. Freeing Energy offers a new and faster path towards a clean energy future — one that is more reliable, more equitable, and cheaper.

In The Coming Economic Collapse, Dr. Leeb shows that the U.S. economy is standing on the brink of the biggest crisis in history.

As the fast-growing economies of China and India push global demand for oil beyond production capacity, Americans will experience a permanent energy shortfall far worse than the one in the 1970s. The result will be severe financial hardship for most people, and once-in-a-lifetime opportunities for investors to become incredibly rich.

This is an urgent call-to-arms to avert an all-but-certain catastrophe and a survival kit for an era that offers us only two financial choices: poverty or wealth.

Author Jeremy Rifkin presents an insider's account of the next great economic era: the Third Industrial Revolution, when a new ethic of sustainability will revolutionize the world we live in.

Conquer the AEE CEM Exam: A Concise Guide to the Association of Energy Engineers (AEE) Certified Energy Management (CEM) Certification is your essential resource for navigating the rigorous path to becoming a Certified Energy Manager. Designed to complement comprehensive study materials and practical experience, this guide focuses on the key domains of the CEM exam, providing clear explanations and actionable insights. The book covers critical topics such as energy audits, HVAC optimization, lighting efficiency, renewable energy integration, and demand-side management. It introduces tools ...

Following an overview of the technical and historical development of the electric grid in the US and Europe, this guide reviews hydropower, solar photovoltaics, wind energy, fuel cell, and battery technologies. The author also presents models for the connection of these renewable energy sources from large-scale to on-site and community power/microgrids. The models are explained through case studies in the developed and developing worlds that explore how technical evaluations are conducted, policy incentives implemented, and project finance applied.

Welcome to Powering the Homestead, the ultimate guide to renewable energy solutions for the modern homesteader. Whether you're a newbie or a seasoned pro, this comprehensive eBook is packed with everything you need to know about harnessing the power of nature to energize your off-grid lifestyle. From solar power to geothermal energy, biomass to hydro power, and everything in between, we've got you covered. Chapter 1 explores the myriad benefits of homesteading, from self-sufficiency to environmental stewardship. Discover how renewable energy can help you save money, reduce your carbon ...

The promise of green jobs and a clean energy future has roused the masses. But as Robert Bryce makes clear in this provocative book, that vision needs a major re-vision. We cannotand will notquit using carbon-based fuels at any time in the near future for a simple reason: they provide the horsepower that we crave. The hard reality is that oil, coal, and natural gas are here to stay.

The MacCasland family struggles to survive when the dollar crashes and the United States is starved for oil. Gas prices soar, store shelves empty and jobs are almost nonexistent. When brutal gangs start looting, it becomes clear that anyone still living in the suburbs needs a Plan B. ABOUT THE AUTHORS: JOHN M. CAPE is a graduate of the Stanford Graduate School of Business, the US Army Ranger School, and the United States Military Academy at West Point. A registered professional engineer, he currently works for a Houston company that drills oil and gas wells. John previously co-authored ...