The Petroleum Industry – The Future

Crude oil is the major source of fuel used in the modern world, and the crude oil sector is the largest and most dominant economic sector of business in the United States. The United States has come not only to rely on crude oil but the nation is also addicted to crude oil. Cures for this addiction are possible, such as a reduction in the amount of oil required for daily life, but will take time and are unlikely to succeed in the near term. This course discusses the future of the petroleum industry and illustrates how the increasing demand for energy affects both crude oil resources and production of alternative fuels.

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Course Details

Learning Objectives

By the end of this course, you will be able to:
  • Describe the use of petroleum exploration to tap into currently undiscovered oil resources
  • Discuss the composition, production processes, and future production technologies for coal and oil shale
  • Discuss the use of renewable biomass resources to supplement petroleum consumption
  • Describe the concept of energy independence and the impact of economics and politics on energy dependency and vulnerability
  • Discuss the importance of energy supply security, the impact of uncertain energy demands, and the risks to energy security

Specs

Course Level Fundamental
Languages English
Compatibility Audio, MobileReady

Dr. James G. Speight C. CChem., FRSC, FCIC, FACS

Dr. James G. Speight C. CChem., FRSC, FCIC, FACS earned his B.Sc. and PhD degrees from the University of Manchester, England – he also holds a DSC in The Geological Sciences (VINIGRI, St. Petersburg, Russia) and a PhD in Petroleum Engineering, (Dubna International University, Moscow, Russia). Dr. Speight is the author of more than 50 books in petroleum science, petroleum engineering, and environmental sciences. Formerly the CEO of the Western Research Institute (now an independent consultant), he has served as Adjunct Professor in the Department of Chemical and Fuels Engineering at the University of Utah and in the Departments of Chemistry and Chemical and Petroleum Engineering at the University of Wyoming. In addition he has also been a Visiting Professor in Chemical Engineering at the following universities: the University of Missouri-Columbia, the Technical University of Denmark, and the University of Trinidad and Tobago. Dr. Speight was elected to the Russian Academy of Sciences in 1996 and awarded the Gold Medal of Honor that same year for outstanding contributions to the field of petroleum sciences. He has also received the Scientists without Borders Medal of Honor of the Russian Academy of Sciences. In 2001, the Academy also awarded Dr. Speight the Einstein Medal for outstanding contributions and service in the field of Geological Sciences.

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