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It took us 125 years to use the first trillion barrels of oil.
We'll use the next trillion in 30.
So why should you care?
Energy will be one of the defining issues of this century. One thing is clear: the era of easy oil is over. What we all do next will determine how well we meet the energy needs of the entire world in this century and beyond.
Demand is soaring like never before. As populations grow and economies take off, millions in the developing world are enjoying the benefits of a lifestyle that requires increasing amounts of energy. In fact, some say that in twenty years the world will consume forty percent more oil than it does today. At the same time, many of the world's oil and gas fields are maturing. And new energy discoveries are mainly occurring in places where resources are difficult to extract, physically, economically and even politically. When growing demand meets tighter supplies, the result is more competition for the same resources.
We can wait until a crisis forces us to do something. Or we can commit to working together, and start by asking the tough questions: How do we meet the energy needs of the developing world and those of industrialized nations? What role will renewables and alternative energies play? What is the best way to protect our environment? How do we accelerate our conservation efforts? Whatever actions we take, we must look not just to next year, but to the next fifty years.
At Chevron, we believe that innovation, collaboration and conservation are the cornerstones on which to build this new world. We cannot do this alone. Corporations, governments and every citizen of this planet must be part of the solution as surely as they are part of the problem. We call upon scientists and educators, politicians and policy-makers, environmentalists, leaders of industry and each one of you to be part of reshaping the next era of energy.
by David J O'Reilly
Chairman & CEO
Chevron Corporation
Advertisement in The Atlantic Monthly (September 2005)
..........
Chevron admits to Peak Oil and Depletion
ASPO Newsletter 56 Article No 585 (August 2005)
To its great credit, Chevron, one of the world's largest oil companies, now admits to the imminent peak and decline of oil, with a website entitled www.willyoujoinus.com inviting comment and discussion. It has also placed an impressive centre-spread advertisement in the Financial Times and in other places carrying a letter from Chairman, which ends with the words:
We call upon scientists, educators, politicians, policy-makers, environmentalists, leaders of industry and each one of you to be part of reshaping the next era of energy.
He leaves no doubt that this era will be one of declining oil supply, and deserves to be an Honorary Member of ASPO, echoing its mission.
http://www.peakoil.ie/newsletters/613
Bill Totten http://www.ashisuto.co.jp/english/
We'll use the next trillion in 30.
So why should you care?
Energy will be one of the defining issues of this century. One thing is clear: the era of easy oil is over. What we all do next will determine how well we meet the energy needs of the entire world in this century and beyond.
Demand is soaring like never before. As populations grow and economies take off, millions in the developing world are enjoying the benefits of a lifestyle that requires increasing amounts of energy. In fact, some say that in twenty years the world will consume forty percent more oil than it does today. At the same time, many of the world's oil and gas fields are maturing. And new energy discoveries are mainly occurring in places where resources are difficult to extract, physically, economically and even politically. When growing demand meets tighter supplies, the result is more competition for the same resources.
We can wait until a crisis forces us to do something. Or we can commit to working together, and start by asking the tough questions: How do we meet the energy needs of the developing world and those of industrialized nations? What role will renewables and alternative energies play? What is the best way to protect our environment? How do we accelerate our conservation efforts? Whatever actions we take, we must look not just to next year, but to the next fifty years.
At Chevron, we believe that innovation, collaboration and conservation are the cornerstones on which to build this new world. We cannot do this alone. Corporations, governments and every citizen of this planet must be part of the solution as surely as they are part of the problem. We call upon scientists and educators, politicians and policy-makers, environmentalists, leaders of industry and each one of you to be part of reshaping the next era of energy.
by David J O'Reilly
Chairman & CEO
Chevron Corporation
Advertisement in The Atlantic Monthly (September 2005)
..........
Chevron admits to Peak Oil and Depletion
ASPO Newsletter 56 Article No 585 (August 2005)
To its great credit, Chevron, one of the world's largest oil companies, now admits to the imminent peak and decline of oil, with a website entitled www.willyoujoinus.com inviting comment and discussion. It has also placed an impressive centre-spread advertisement in the Financial Times and in other places carrying a letter from Chairman, which ends with the words:
We call upon scientists, educators, politicians, policy-makers, environmentalists, leaders of industry and each one of you to be part of reshaping the next era of energy.
He leaves no doubt that this era will be one of declining oil supply, and deserves to be an Honorary Member of ASPO, echoing its mission.
http://www.peakoil.ie/newsletters/613
Bill Totten http://www.ashisuto.co.jp/english/
posted by Bill Totten at
5:17 PM
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