228 Unit 5 Advanced problem solving
a The first graph shows the proved gas
and oil reserves divided by the actual
consumption for each year; the second
graph shows actual energy consumption
over time; and the third graph shows the
percentage consumption of various fuels
in different regions of the world. Are the
following statements true or false, or
can they not be confirmed? Give a brief
reason for your answer in each case.
A The world’s oil supplies will run
out in about 40 years, and the gas
supplies in about 60 years.
B There are about 50% more proved
gas reserves than oil reserves.
C Over recent years, new discoveries
of oil and gas have just about
matched consumption.
D Oil and gas reserves are being
discovered at an increasing rate.
E Energy consumption is increasing,
whilst the known available reserves
are fixed.
b Known oil reserves (expressed as
potential years of consumption) rose
during the 1980s and have been roughly
constant since. During the 1980s,
world consumption of oil rose by a
much smaller amount than the known
reserves. Consider what might have
caused the reserves graph to behave as
it has from 1980 to 2011.
c A comment on this report from the
website of the Green Supply Chain stated:
The report certainly offers some
causes for alarm, starting with oil
development versus demand.
Global oil production increased by
1.8 million barrels per day or 2.2% in
2010, but did not match the rapid 3.1%
growth in consumption, hence leading
1 The graphs show estimates of world fossil
fuel reserves, world energy consumption
and regional energy consumption by fuel
source.
End-of-chapter assignments
Fossil fuel reserves
Proved reserves divided by annual consumption
0
10
20
30
40
50
60
70
Potential years of supply
Oil Gas
1980198219841986198819901992199419961998200020022004200620082010
World energy consumption
0
2000
4000
6000
8000
10000
12000
14000
1980198219841986198819901992199419961998200020022004200620082010
Million tonnes of oil equivalent
Renewables
Hydroelectricity
Nuclear energy
Coal
Natural gas
Oil
Regional energy consumption 2010
(for key, see above)
0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
100%
North
America
S. & Cent.
America
Europe &
Eurasia
AfricaAsia Pacic
Percentage of total regional
consumption
BP Statistical Review of World Energy, June 2011