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GLOBAL RESOURCE CASE  STUDY – OIL  ,[object Object],TURN TO P10 IN YOUR BOOKLETS
[object Object],[object Object],GLOBAL RESOURCE CASE  STUDY – OIL  ,[object Object],[object Object]
GLOBAL RESOURCE CASE STUDY – OIL -  SUPPLY   ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],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!
Peak Oil  ,[object Object],Oil supply Time Peak oil Turn to p156 in Evolving Planet
[object Object],[object Object],GLOBAL RESOURCE CASE  STUDY – OIL  ,[object Object],[object Object]
World Oil Consumption  2005 USA UK Germany France Japan India China Argentina Brazil Saudi Iran Kuwait Algeria, South Africa, Egypt
[object Object],[object Object],[object Object],GLOBAL RESOURCE CASE STUDY – OIL –  DEMAND  Keep Reading p156-7 EP
Your Turn!  ,[object Object],[object Object],[object Object],[object Object],[object Object],To help use Oil Info box on p12 of resource booklet!

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