This publication examines various topics and issues related to the world oil situation. Major areas considered are: (1) the nature and consequences of the current oil glut; (2) a historical overview of the petroleum era (with analyses of the three time periods of 1900-1973, 1973-1979, and 1979-1981); (3) the geopolitics of oil (including data on…

Alternatives to fossil fuels as energy resources are discussed. Energy from the sun and other renewable resources are cited as the alternatives. Constructed is a practical energy scenario for the year 2030 that involves a 55-percent cut in carbon dioxide emissions, greatly improved energy efficiency, and an energy production system that relies…

The post-World War II era is commonly described as the age of oil. Petroleum has fueled the industrialization process and has helped to raise living standards around the globe. At the same time, the current era has been referred to as the age of efficiency. Since 1973, it is estimated that the world saved far more energy through improved…