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The Hirsch Report

The Hirsch Report

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Published by Mark Gilbert

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Categories:Types, Research, Science
Published by: Mark Gilbert on Aug 02, 2011
Copyright:Attribution Non-commercial

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08/02/2011

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PEAKING OF WORLD OIL PRODUCTION:IMPACTS, MITIGATION, & RISK MANAGEMENT
Robert L. Hirsch, SAIC, Project LeaderRoger Bezdek, MISIRobert Wendling, MISIFebruary 2005
 
 
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DISCLAIMER
 This report was prepared as an account of work sponsored by an agency of theUnited States Government. Neither the United States Government nor anyagency thereof, nor any of their employees, makes any warranty, express orimplied, or assumes any legal liability or responsibility for the accuracy,completeness, or usefulness of any information, apparatus, product, or processdisclosed, or represents that its use would not infringe privately owned rights.Reference herein to any specific commercial product, process, or service bytrade name, trademark, manufacturer, or otherwise does not necessarilyconstitute or imply its endorsement, recommendation, or favoring by the UnitedStates Government or any agency thereof. The views and opinions of authorsexpressed herein do not necessarily state or reflect those of the United StatesGovernment or any agency thereof.
 
 
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TABLE OF CONTENTS
EXECUTIVE SUMMARY
 
I. INTRODUCTION
 
II. PEAKING OF WORLD OIL PRODUCTIONIII. WHY TRANSITION WILL BE TIME CONSUMINGIV. LESSONS FROM PAST EXPERIENCEV. LEARNING FROM NATURAL GASVI. MITIGATION OPTIONS & ISSUESA. ConservationB. Improved Oil RecoveryC. Heavy Oil and Oil SandsD. Gas-To-LiquidsE. Liquids from U.S Domestic SourcesF. Fuel Switching to ElectricityG. Other Fuel SwitchingH. HydrogenI. Factors That Can Cause DelayVII. A WORLD PROBLEMVIII. THREE SCENARIOSIX. MARKET SIGNALS AS PEAKING IS APPROACHEDX. WILD CARDSXI. SUMMARY AND CONCLUDING REMARKSAPPENDICES

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