Resource and Consumption-- Oil

Core: Patterns and change

4. Patterns in resource consumption – Changing patterns of energy consumption

Examine the global patterns and trends in the production and consumption of oil.

- The lifetime of any resource is critically important, especially for such an important fuel as oil. 32.6% of the global primary energy use comes from oil. It is the central feature of the world economy (Open University, 2005).

- The lifetime of any resource can be worked out by using this formula:

| [pic] |the large ratio countries( not the most |

| |industrialized/well-developed countries |

| | |

|Region | |

|Reserve/production ratio (years) | |

| | |

|North America | |

|13.9 | |

| | |

|South and Central America | |

|45.9 |...