World petroleum resource estimates and production forecasts: Implications for government policy
Natural Resources Forum
Links
- More information: Publisher Index Page (via DOI)
- Download citation as: RIS | Dublin Core
Abstract
Resource estimates alone will not give advance warning of encroaching production difficulties. An analysis of the general stages in the evolution of petroleum production and discovery and of industry statistics provides an estimate of when the stage characterised by increasing production in the market economy countries outside the United States and Canada will end. The analysis indicates that the year of maximum production will be in the 1990s. Economic growth aggravates the difficulties accompanying the production decline by advancing the date of peak production and by increasing the adjustments that must be made as oil production declines.
| Publication type | Article |
|---|---|
| Publication Subtype | Journal Article |
| Title | World petroleum resource estimates and production forecasts: Implications for government policy |
| Series title | Natural Resources Forum |
| DOI | 10.1111/j.1477-8947.1980.tb00975.x |
| Volume | 4 |
| Issue | 2 |
| Year Published | 1980 |
| Language | English |
| Contributing office(s) | Eastern Energy Resources Science Center |
| Description | 16 p. |
| First page | 181 |
| Last page | 196 |
| Google Analytic Metrics | Metrics page |