Coarse-grained model of long-term supply of oil
Journal article, 2009

The author proposes a coarse-grained kinetic model of the supply of oil during the next 50-year period. The oil supply, characterized by amount of oil extracted per day, is considered to depend on the oil price, existing capacities of oil extraction, the ability to find and develop new oil reserves, and also on the delay between investments and oil production. With reasonable parameters, the model predicts what may happen in realistic, optimistic, and pessimistic scenarios.

Author

Vladimir Zhdanov

Chalmers, Applied Physics, Chemical Physics

European Physical Journal B

1434-6028 (ISSN) 1434-6036 (eISSN)

Vol. 71 2 289-292

Subject Categories

Other Physics Topics

DOI

10.1140/epjb/e2009-00308-y

More information

Created

10/7/2017