Resource Peak (AQA A-Level Geography): Flashcards
📚Flashcards
Practise the cards
10 cards from this deck
ShowHide
Practise the cards
10 cards from this deck
Resource peak definition
Resource peak definition
Point when resource production reaches its highest rate
Who proposed peak oil theory & when?
Who proposed peak oil theory & when?
M.K. Hubbert in 1956
Shape of Hubbert curve
Shape of Hubbert curve
Bell-shaped curve
% of reserve extracted at resource peak
% of reserve extracted at resource peak
Half (50%) of total reserve
Peak oil vs depletion
Peak oil vs depletion
Peak = max production rate; depletion = falling reserves
4 factors influencing resource peaks
4 factors influencing resource peaks
Consumption, prices, exploration, technology advances
US oil peak year & rate (actual)
US oil peak year & rate (actual)
1970, 9.64 million barrels per day (mbpd)
Tech for unconventional reserves post-2008
Tech for unconventional reserves post-2008
Hydraulic fracturing (fracking)
Supply side management aim
Supply side management aim
Increase or maintain supply of resources
Demand side management aim
Demand side management aim
Reduce consumption of resources