How much do you think we pay for gas?

A. Too muchB. About rightC. Too little

Miscelleneous Cost for Oilin Billion of Dollars

300

7525

149

Health Costs

Roadwayconstruction,maintenance, andresearch Impact ofpetroleum-relatedglobal warming

Military cost

• By this estimate, the total annual costs that are not included in the price of gasoline (and other petroleum-based products that we use) are roughly $550 billion.

• According to the Department of Energy, in 2005, the U.S. consumed about 317 billion gallons of petroleum (20.6 million barrels per day).

• This means that for every gallon of gas (or diesel, jet fuel, heating oil, plastic, etc.) consumed, society paid an extra $1.74 per gallon.

How concerned are you about “running” out of oil in your lifetime?

A. Not concernedB. Somewhat concernedC. Very concernedD. Don’t care

Do the quantities of Earth resources ever increase over time ?

A. YesB. No

Earth Resources

Statement:1. The Earth is a closed system with finite

resources

2. Resources vs. Reserves• Resource: a concentration of naturally occurring

solid, liquid, or gaseous material in or on the Earth’s crust in such form and amount that economic extraction of a commodity from the concentration is currently or potentially feasible

• Resource:• Identified: geologic evidence suggests the location,

quality and quantity of a resource

• Undiscovered: a material that is surmised to exist based upon broad knowledge and theory

– hypothetical and speculative

2. Reserve: part of the resource that can be extracted economically

– Measured: amount is known from a working mine

– Indicated: amount is known from a sample data

– Inferred: estimated amounts based upon similar experience

R E S E RV E S

D e m o n stra te dM e a su re d In d ic a te d

In fe rre d

ID E N T IF IE D U N D IS C O V E R E D

H y p o th e tic a l S p e c u la tiv e

R E S O U R C E S

In c reas in g C e rta in ty o f R eso u rce E x is ten c e

What will higher costs of gasoline do to oil resources?

A. IncreaseB. DecreaseC. There will be no effect

M. King Hubbert

"Our ignorance is not so vast as our failure to use what we know.“

M. King Hubbert

The total quantity of a material discovered or undiscovered is called:

A. the reserve.B. the reservoir.C. the resource.D. the stuff.

The world faces an energy crisis because _________.

A. world demand for energy will increaseB. world oil production will peak and begin to

declineC. shortages and the resulting escalation of prices

can shock the economic and political orderD. all of the above

In the US, which consumes the largest amount of oil?

A. IndustryB. TransportationC. ResidentialD. Commercial

What do we consume the most?

A. OilB. CoalC. Natural GasD. NuclearE. Renewable Resources

In the future, what will we consume the most?

A. OilB. CoalC. Natural GasD. NuclearE. Renewable Resources

In the US, we will ______ in the future as we do now.

A. Use more energyB. Use less energyC. Use about the same energy

The largest increase in energy consumption will take place in _______ in the future.

A. AsiaB. The USC. CanadaD. South AmericaE. Europe

______ oil will be discovered in the future.

A. MoreB. Less

How much oil will natural processes create in the future?

A. A lotB. SomeC. A littleD. None

CO2 Concentration Over Time

Consequences of using Earth Resources

Greenhouse Earth Analogy

The history of Earth’s climate has been mostly _______ than/as it is now.

1. Warmer2. Cooler3. About the same4. We don’t know