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Essay:

Petroleum and the worldĄŻs energy

"Petroleum provides the single largest fraction of the world's energy, accounting for about 37% of the total world energy used (US DOE, 2002). However, for most countries, much of this petroleum has to be imported, and a large fraction (about 30%) comes from politically volatile locations in the Persian Gulf. Furthermore, petroleum imports are the largest single contributor to trade deficits for many countries. Burning petroleum for power also contributes to a major portion of carbon dioxide emissions to the atmosphere, raising concerns about global climate change. Ultimately, petroleum use is not sustainable, and new sources of energy are needed to address a range of important economic, environmental, and strategic issues and insure a perpetual energy supply." http://www.sciencedirect.com/science?_ob=ArticleURL&_udi=B6V24-4DWHJ1R-2&_user=1069146&_coverDate=06%2F01%2F2005&_rdoc=1&_fmt=&_orig=search&_sort=d&view=c&_acct=C000051262&_version=1&_urlVersion=0&_userid=1069146&md5=dbf8c5b3a9927dd7de7b363e33b1d412




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