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Understanding Unconventional Oil

Understanding Unconventional Oil

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Conventional oil production has peaked and is now on a terminal, long-run global decline. However, contrary to conventional wisdom, which many embraced during back-to-back oil crises in the 1970s, oil is not running out. It is, instead, changing form—geographically, geologically, chemically, and economically.
Conventional oil production has peaked and is now on a terminal, long-run global decline. However, contrary to conventional wisdom, which many embraced during back-to-back oil crises in the 1970s, oil is not running out. It is, instead, changing form—geographically, geologically, chemically, and economically.

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Published by: Carnegie Endowment for International Peace on Apr 26, 2013
Copyright:Attribution Non-commercial

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ENERGY AND CLIMATE | MAY 2012
UNDERSTANDINGUNCONVENTIONAL OIL
Deborah Gordon
 
EnErgy and ClimatE | may 2012
UndErstanding UnConvEntional oil
debh g
 
© 2012 Carnegie Endowment for International Peace. All rights reserved.
The Carnegie Endowment does not take institutional positions on public policy issues; the views represented here are the author’s own and do not necessarily reflect the views of the Endowment, its staff, or its trustees.
No part of this publication may be reproduced or transmitted in any form or by any means without permission in writing from the Carnegie Endowment. Please direct inquiries to:Carnegie Endowment for International Peace Publications Department 1779 Massachusetts Avenue, NW  Washington, D.C. 20036 Tel. +1 202-483-7600 Fax: +1 202-483-1840  www.CarnegieEndowment.org is publication can be downloaded at no cost at www.CarnegieEndowment.org/pubs.
CP 145

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