Dr. Oliver Inderwildi: The Second Half of the Oil Age
Unconventional oil bought the world another decade
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Jim is pleased to welcome back Dr. Oliver Inderwildi, a Research Fellow and head of the Smith School’s Low Carbon Mobility Center at Oxford University in England. Oliver notes that conventional oil peaked in 2005, and unconventional oil (including deep water, shale oil and natural gas liquids) has bought the world another decade. He also discusses the myth of oil reserves and oil reserve production ratios. Unlike the UK and numerous others in the past, Oliver notes that Saudi Arabia and Norway are holding back some of their production to preserve some of their oil reserves for future generations in those countries.
Dr. Oliver Inderwildi is an expert in vehicle emissions and the synthesis of low-carbon fuels. He is researching biofuels and other alternative transport fuels, and ways of cutting emissions from aviation.
About James J Puplava CFP
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