1. Oil is valuable partly because it is a concentrated form of energy. How much energy is in one barrel of oil in terms of human labor?
As a result of using fossil fuels, each farmer now cultivates how much more land than is possible without oil?
2. What % of transportation relies on oil?
3. What is OPEC? Why do OPEC Countries have an incentive to exaggerate their oil reserves?
4. What does peaking out mean?
What is Hubbert’s Peak?
When did US oil production peak?
5. Are most oil producing countries producing more oil or less oil than in the past?
6. According to the experts in the video, do oil geologists expect to find any large, new reserves in the future? When were the last big oil fields discovered?
7. Why aren’t the Tar Sands in Canada an easy answer to the drop in oil production/
8. Which two countries are now starting to use oil in greater amounts than ever before?
9. Why is America in trouble with respect to supply and demand?
10. How has oil warped foreign policies both in America and elsewhere?
11. Are biofuels such as ethanol and biodiesel ready to fill the gap?
12. Do you think Americans are aware of and willing to make the lifestyle changes that will be necessary if/when demand exceeds supply, and prices skyrocket? |
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