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L3 Uneven Patterns Of Oil Supply N Demand
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L3 Uneven Patterns Of Oil Supply N Demand

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Transcript

  • 1. Odd one out?
  • 2.  
  • 3. GLOBAL RESOURCE CASE STUDY – OIL
    • Why is it important to know how much oil there is in the world?
    TURN TO P10 IN YOUR BOOKLETS
  • 4.
    • How much oil are we using?
    • i.e. Demand
    GLOBAL RESOURCE CASE STUDY – OIL
    • How much oil is left?
    • i.e. Supply
  • 5. GLOBAL RESOURCE CASE STUDY – OIL - SUPPLY
    • World reserve of oil (%)
    • Saudi Arabia (22.3%)
    • Iran (11.2%)
    • Kuwait (9.7%)
    • UAE (8.3%)
    • Venezuala (6.5%)
    • Russia (6.3%)
    • Kazakstan (3.4%)
    • Libya (3.3%)
    • Nigeria (3.0%)
    • USA (1.8%)
    • China (1.4%)
    • Canada (1.4%)
    • Quatar (1.3%)
    Oil reserves (end 2007) (i.e. how much oil is left in ‘reserves’) THE SUPPLY Grand reserve total = 1,237.8 Billion barrels World uses 1,000 barrels a second!
  • 6. Peak Oil
    • Some people think that the supply of oil will at some point peak and then the reserves will start to shrink. (see graph on right)
    Oil supply Time Peak oil Turn to p156 in Evolving Planet
  • 7.
    • How much oil are we using?
    • i.e. Demand
    GLOBAL RESOURCE CASE STUDY – OIL
    • How much oil is left?
    • i.e. Supply
  • 8. World Oil Consumption 2005 USA UK Germany France Japan India China Argentina Brazil Saudi Iran Kuwait Algeria, South Africa, Egypt
  • 9.
    • How much oil are we using?
      • Which countries in the world is using up most of the oil and why? (is this fair?)
      • What is going to happen in the future?
    GLOBAL RESOURCE CASE STUDY – OIL – DEMAND Keep Reading p156-7 EP
  • 10. Your Turn!
    • You have been asked by the school magazine to write a short comparison between USA’s use of oil and the UK’s – exposing just how much oil the USA are using. Is this greedy???
    • They want you to include facts about how much oil there is and how much is being used up as well.
    • GREEDY USA USING UP WORLD’S OIL!
    • Did you know that USA uses 25% of the worlds oil but has less than 5% of the world population …
    • America urgently has to build new and better public transport systems as they need to ….
    To help use Oil Info box on p12 of resource booklet!