The Potential of Unconventional Oil Resources: Between Expediency & Reality

The Potential of Unconventional Oil Resources: Between Expediency & Reality

Mamdouh Salameh says that the potential of unconventional oil resources is highly overrated. Apart from the limited size of production, unconventional oil is costlier to produce, more pollutant, a more voracious user of energy and is of poorer quality than conventional oil. Moreover, it’s contribu...

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Veröffentlicht in:IAEE newsletter 2012-10, Vol.2012 (4)
1. Verfasser: Salameh, Mamdouh G
Format: Artikel
Sprache:eng
Schlagworte:
Capital costs
Crude oil
Energy economics
Light
Mining
Natural gas
Natural gas reserves
Oil reserves
Oil sands
Oil shale
Petroleum production
Productivity
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Zusammenfassung:Mamdouh Salameh says that the potential of unconventional oil resources is highly overrated. Apart from the limited size of production, unconventional oil is costlier to produce, more pollutant, a more voracious user of energy and is of poorer quality than conventional oil. Moreover, it’s contribution to global oil supplies in the next 25 years will only make a dent in the future demand for energy
ISSN:1093-4243