Peak Oil News: Innovation seen crucial to future energy supply

Tuesday, November 23, 2004

Innovation seen crucial to future energy supply

Oil & Gas Journal

Escalating world oil demand and declining production rates will push the world toward unconventional forms of energy, including synthetic hydrocarbons, said speakers at an annual oil and gas conference hosted by Deloitte & Touche LLP, the US arm of Deloitte Touche Tohmatsu.

"It's already too late to modify the energy mix for 2020," said Pierre-René Bauquis, a retired petroleum engineer and an associate professor at the Institut Français du Pétrole near Paris. "Not only are we going to face a world oil peak, we are going to face a world gas peak 20 years later."


1 Comments:

At 10:05 AM, November 28, 2004, Blogger John Murney said...

This blog is a very important resource. I will be watching it closely in the future.

 

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