Another Voice: The other oil problem ...Middle East

News by : (Ukiah Daily Journal) -
Everything we take for granted in society is the result of abundant affordable energy.  Over the last century, that has primarily been oil. Beginning from nothing in 1900, US production grew to 4 million barrels per day (mb/d) by the end of WW2.  At that time, the US produced about half the global oil, all from the lower 48 states.  Since oil is more energy dense and versatile than the coal which had powered the British Empire, US oil powered the explosion of post war economic growth. But oil is a finite resource.  In 1950, a typical well would produce 200,000 barrels per day.  Twenty years later, the average well produced only 1/10 that amount.  US domestic production, called conventional o

Hence then, the article about another voice the other oil problem was published today ( ) and is available on Ukiah Daily Journal ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( Another Voice: The other oil problem )

Last updated :

Also on site :

Most Viewed News
جديد الاخبار