JMA JMA 024839-2 Projected W orld Energy Supplies Projected W orld Energy Supplies 1900 1900 1920 1920 1940 1940 1960 1960 1980 1980 2000 2000 2020 2020 2040 2040 2060 2060 2080 2080 3000 3000 20 20 40 40 60 60 80 80 100 100 100 BILLION BARRELS Billion Barrels of Oil Equivalent per Year (GBOE) Billion Barrels of Oil Equivalent per Year (GBOE) Natural Gas Natural Gas Hydroelectric Hydroelectric Crude Oil Crude Oil Solar, Wind Geothermal Nuclear Electric 1993 Coal Coal 24929 D e c r e a s i n g D e c r e a s i n g F o s s i l F u e l s F o s s i l F u e l s N e w T e c h n o l o g i e s N e w T e c h n o l o g i e s World Energy Demand World Energy Demand after Edwards, AAPG 8/97 Careers in Careers in Oil & Gas Oil & Gas Remain Important Remain Important
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JMA 024839-2 Projected World Energy Supplies Projected World Energy Supplies 1900 1920 1940 1960 1980 2000 2020 2040 2060 2080 3000 20 40 60 80 100 100.
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JMAJMA
024839-2
Projected World Energy SuppliesProjected World Energy Supplies
American Petroleum Institute, 1994American Petroleum Institute, 1994
Most Desired ResourceMost Desired Resource
GasGasGasGas OilOil
JMAJMA
US Domestic ProductionUS Domestic Production
American Petroleum Institute, 1999American Petroleum Institute, 1999
19501950 1960196000
22
44
66
88
1010
1212
19701970 19801980 19901990
ThousandThousandBarrelsBarrels
per Dayper Day
Natural Gasoline and Other Hydrocarbons
Crude OilCrude Oil
19981998
Natural Gasand Other Hydrocarbons
JMAJMA
1950’s1950’s 15%15%
1960’s1960’s 20%20%
1970’s1970’s 36%36%
1980’s1980’s 42%42%
1990’s1990’s 50%50%
2000’s2000’s ??
United States Petroleum ImportsUnited States Petroleum Imports
American Petroleum Institute, 1999American Petroleum Institute, 1999
JMAJMA
VenezuelaVenezuela
Major Suppliers of Oil to the U.S.Major Suppliers of Oil to the U.S.Millions of Barrels Per DayMillions of Barrels Per Day
CanadaCanada Saudi ArabiaSaudi Arabia MexicoMexico
1.681.68 1.611.61 1.481.48 1.361.36
U.S. Dept. of EnergyU.S. Dept. of EnergyEmbassy of VenezuelaEmbassy of Venezuela12/98 U.S. News & World Report12/98 U.S. News & World Report
JMAJMA
DOE Oil Price ForecastsDOE Oil Price ForecastsLinear Trends Predicted Beginning From the Actual Price of Year ListedLinear Trends Predicted Beginning From the Actual Price of Year Listed
after U.S. Department of Energy, 1998after U.S. Department of Energy, 1998