***Peak Oil*** ***Aff*** ***Inherency**
Charles H. Eccleston, Member of the Board of Directors of the National Association of Environmental Professionals, Spring, ‘8
(Climbing Hubbert’s Peak: The Looming World Oil Crisis, Environmental Quality Management, p. Wiley Science) [Bozman]
The problem is made worse by growing rates of oil consumption in many countries around the world—including petroleum-producing nations themselves. A recent article in the New York Times noted, “The economies of many big oil exporting countries are growing so fast that their need for energy within their borders is crimping how much they can sell abroad, adding new strains to the global oil market.”10 The article went on to add.
World oil consumption will grow 50% by 2025.
Robert L. Hirsch, Senior Energy Advisor at Management Information Solutions, February, ‘5
(Peaking of World Oil Production: Impacts, Mitigation, and Risk Management, p. Google) [Bozman]
World oil demand is expected to grow 50 percent by 2025.4 To meet that demand, ever-larger volumes of oil will have to be produced. Since oil production from individual reservoirs grows to a peak and then declines, new reservoirs must be continually discovered and brought into production to compensate for the depletion of older reservoirs. If large quantities of new oil are not discovered and brought into production somewhere in the world, then world oil production will no longer satisfy demand. That point is called the peaking of world conventional oil production.
Oil Discoveries Declining
Multiple factors all point towards declining discoveries.
Paul Roberts, Journalist, Finalist for the National Magazine Award, ‘4
(The End of Oil, p. 50-52) [Bozman]
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