Navigation Links
Stanford researchers say 'peak oil' concerns should ease
Date:7/10/2013

al U.S. passenger vehicle sales annually.

"We've seen explosive growth in car ownership in countries such as China," said co-author Adam Millard-Ball, an assistant professor in the Environmental Studies Department at UC-Santa Cruz. "However, those cars will be more efficient than those of the past, and travel demand will eventually saturate as it has in rich countries such as the United States."

Lower oil dependence

Freight and air travel have shown no such break from economic growth. Rich people may not drive more beyond a certain income level, but they do fly more and buy more belongings, as do people moving out of poverty. Even in air travel and freight, though, energy efficiency has begun to improve after decades of stagnation, lowering oil dependence, according to the new study.

"A major uncertainty is whether demand to move goods around the world will eventually saturate, as we've seen in the case of passenger transport," said Millard-Ball.

Price-competitive alternatives to conventional oil are another factor behind the peak in demand. Competition comes from increasing quantities of fuel from oil sands, liquid fuels from coal, natural gas, biofuels, hydrogen and electricity generated from renewable sources.

Technological advances and the high price of oil are helping most such alternatives compete on price. In 2010, the world produced 1.8 million barrels a day of biofuels, six times the amount in 2000. In Argentina, natural gas fuels 15 percent of all cars, due to policies meant to favor the domestic natural gas industry.

The researchers did not try to forecast peak demand's impact on oil prices. But even if oil prices spend much time above the historical upper range of $140 a barrel, the peak in demand will only come sooner than they forecast.

"If prices rise above their current levels for an extended period, we're likely to see even more efforts to improve efficiency and exploit
'/>"/>

Contact: Mark Shwartz
mshwartz@stanford.edu
650-723-9296
Stanford University
Source:Eurekalert

Page: 1 2 3

Related biology news :

1. Recovery of Hawaiian green sea turtles still short of historic levels, Stanford-led study suggests
2. Stanford engineers monitor heart health using paper-thin flexible skin
3. Stanford researchers map out an alternative energy future for New York
4. Stanfords Markus Covert wins Paul Allen Distinguished Investigator Award
5. Stanford scientists calculate the carbon footprint of grid-scale battery technologies
6. Stanford scientists help shed light on key component of Chinas pollution problem
7. UC Berkeley, UCSF and Stanford join forces to help commercialize university innovations
8. Stanford researchers develop tool for reading the minds of mice
9. Going negative: Stanford scientists explore new technologies that remove atmospheric CO2
10. Stanford scientist uncovers the reproductive workings of a harvester ant dynasty
11. Stanford researcher sheds new light on the mysteries of spider silk
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:9/18/2014)... Miranda, a small, icy moon of Uranus, is ... in the solar system. Despite its relatively small size, ... resurfacing that resulted in the formation of at least ... called coronae. , These coronae are visible in ... 200 km across. Arden corona, the largest, has ridges ...
(Date:9/18/2014)... many times it,s demonstrated, it,s still hard to ... But by using a signaling system called "quorum ... to suit their population. In short, some bacteria ... act accordingly. , Once the population of quorum-sensing ... innocuous to pathogenic, or from unhelpful to helpful. ...
(Date:9/18/2014)... -- Arizona turned its newborn screening program into a model ... earning it the first-ever Newborn Screening Quality Award from the ... Will Humble, M.P.H., Arizona,s Department of Health Services director, with ... established a policy of full transparency for the length of ... to the lab for analysis, and set a target of ...
Breaking Biology News(10 mins):Miranda: An icy moon deformed by tidal heating 2Miranda: An icy moon deformed by tidal heating 3Miranda: An icy moon deformed by tidal heating 4Miranda: An icy moon deformed by tidal heating 5Miranda: An icy moon deformed by tidal heating 6Miranda: An icy moon deformed by tidal heating 7Researchers study vital 'on/off switches' that control when bacteria turn deadly 2Researchers study vital 'on/off switches' that control when bacteria turn deadly 3March of Dimes honors Arizona with first-ever newborn screening award 2March of Dimes honors Arizona with first-ever newborn screening award 3
... cool movies, link at the end of the press release! ... a way to exercise a little mind control over fruit ... on command by triggering genetic "remote controls" that the scientists ... to a new report in the 8 April issue of ...
... into California's Central Valley in the last week of March ... largest migrations of the species on record, said Arthur Shapiro, ... "This may be the biggest migration of modern times," Shapiro ... of butterflies around Trona, near Death Valley, and in the ...
... For a virus to survive, it must elude the ever ... escape immune detection if it resides in nondividing cells and ... flags for immune cells. If the virus targets one of ... while latent. But some viruses, like the gamma-herpesvirus, infect B ...
Cached Biology News:Remote control flies? Fly behavior controlled by laser light 2Remote control flies? Fly behavior controlled by laser light 3Touching Molecules With Your Bare Hands 2Touching Molecules With Your Bare Hands 3
(Date:9/18/2014)... septembre 2014 Mapi, société créée à ... a été depuis 40 ans l,un des ... traditionnelles par des évaluations recentrées sur le ... impacts économiques des traitements. Logo ... A cours d,une récente conférence téléphonique avec ...
(Date:9/18/2014)... group of rare diseases that afflict skeletal growth ... hits at the fetal stage and is caused ... encoding fibroblast growth factor receptor 3 (FGFR3) has ... thanatophoric dysplasia (TD), a skeletal dysplasia that cause ... lethal, and achondroplasia (ACH), which causes stunted growth ...
(Date:9/18/2014)... the course of a day - car, phone, ... the chemical industry to turn raw materials such ... valuable chemicals that are the ingredients of life,s ... who achieved outstanding progress in driving this energy ... light instead of fossil fuels, has won the ...
(Date:9/18/2014)... 18, 2014 September 24 marks ASEA's ... ASEA is the manufacturer of the world's first and ... product, RENU28. , The Mexico City event features ... Botero, and ASEA Field Leader Shawn Catmull from Draper, ... in Atomic/Medical Physics from the University of Utah and ...
Breaking Biology Technology:1974 - 2014 - Mapi fête ses 40 ans 2Researchers use iPS cells to show statin effects on diseased bone 2Researchers use iPS cells to show statin effects on diseased bone 3Using solar energy to turn raw materials into ingredients for every day life 2Announcing the ASEA Mexico Grand Opening Tour Beginning September 18th 2
... Northwestern University have developed a model that will allow them ... around them. The model enables further research that may provide ... of papers are published each year that use the rat ... neural processing. Rats move their whiskers rhythmically against objects to ...
... April 7, 2011 Sangamo BioSciences, Inc. (Nasdaq: ... 6,700,000 shares of its common stock pursuant to an effective ... Inc. is the sole book-running manager in this offering and ... to purchase up to 1,005,000 additional shares. ...
... WORCESTER, Mass. and TORONTO, April 7, 2011  Generex ... that this week there will be presentations of ... the Company,s proprietary buccal insulin spray product, at ... The presentations, entitled "Use of Buccal ...
Cached Biology Technology:New model of whiskers provides insight into sense of touch 2New model of whiskers provides insight into sense of touch 3Sangamo Announces Public Offering of Common Stock 2Sangamo Announces Public Offering of Common Stock 3Generex Oral-lyn™ Data to be Presented at Two International Scientific Symposia 2Generex Oral-lyn™ Data to be Presented at Two International Scientific Symposia 3