Document QJLBK4Mx8zy5oypZekNV0q7xR
TECHNICAL BRIEFS
12 Digests tor Jon do:
LIQUID FUEL
ATOMIC POWER
latest engineering developments hr busy power men PACKAGED DRIVED
POLLUTION CONTROL
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0>l production, extrapolated to 1993 ond bosed on 200 ond 100 billion borrols recoverable, show* the offset of reserves on oxpoctod production peak yori
You will note that doubling the reoent postpones the peak of production iron 1960 to 1970. Tf the lower number [g right, evidence should appear in thrtf or four years in the form of oomewhu loos increase in production rata. Evq if the higher figure is right the evident should appear by I960.
The production curve for the worty is shown in Fig 2. An ultimate resens of 1000 billion barrels has less founds. tion in geologic data than estimates fa the United States. Most petroletus people feel that political end economic hurdles in foreign countries may retard discovery to such an extent (hat ti peek may not reach as high as saves billion barrels, and may therefore itscend lots abruptly than shown. (4 - thousand billion barrels Is ten times tbs present "proved" reserve.) Even [) ultimate world reserve turn out to btdouble that now assumed by geologists, (ha peak should come by the end of thij century. APC Paper, no numbtr.
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How Much Oil?
The long Kongo Outlook for liquid Fwola In Amorfco. By Eugene Ayres, Gulf Research & Development Co.
lo January of last year a report was presented on "Petroleum Productive Capacity" by the Committee on Oil end G.as Availability of the Notional Pe troleum Council This report is com mended for study because it represents conclusions of the most competent peo ple in the petroleum industry.
During the post ninety years the world has depended almost exclusively upon nataral-petroleum for liquid fuel. Leas than a tenth of one percent has come from, oil shale and coal. The reason for this has been economic. As long as we hove on adequate supply of cheap petroleum we will not seek more ex pensive substitutes. The small amount of supplemental fuel so far used has been surplus benxol and tar from by product coke ovens, and shale oil and fermentation alcohol produced as oc casional slight gestures toward political expediency. How long will cheap pe troleum be In adequate supply? The answer hinges on four numbers--supply ond demand In the U.S. uml supply and demand In the rest of the world.
How about demand for the rest ol
2 Politics, won dotsrmlno world pro duction peak In billions of barrels
the world? The rest oi the world is in creasing its consumption more rapidly than we are. The most obvious ex planation is that the rest of the world has a far greater margin (or technologi cal improvement and for potential de mand than we have.
In Fig. I, production of oil in the United Stales i* extrapolated to lO'J.'l based on ultimata recoverable reserve figures of 100 ond 200 billion barrels.
Industry and Atoms
Why Atomic Power. By W L Davidson.', last September the Commission re
formed Congress' Joint Committee eo Alointe Energy (hot It was working op the Atomic Energy Commission's por tion for the development of economic nuclear power. Hearings on "industrii)
participation" are anticipated shortly kj the Joint Committee at which time ike Commission's stand will bo made public. It should be recognised that this braid' problem of nuclear power development Is bound lo affect other areas of got;, ernment and the views of other agenda In the Executive Branch must nece* tarily be factored Into any final program' which may be adopted by the Congress
In spile of the wide attention gives' the general eubject of atomic power, over the past seven years, most discus' sioni have centered on the means sad a timetable lor achieving a nuclesfj power industry rather than the reasons for It; fn other words, the how end; when of getting atomic power--not lH* why. In its search to establish a position on this subject, the AEC could not stsrtj at such an advanced point of departure-' This would assume that the desirabilii* >f pushing inward nuclear power is !' ready clearly established.
(Continued on page 154)
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KKary services, .reciprocating rods and plungers, valve Menu, pipe flanges, manholes and handholes ... to seal
steam, water, oil, brine, etc... to withstand various temperatures and pressures. lo condensed packing descrip^0qi give you essential buying information.
And a page is devoted to tips on proper installation to help you get maximum economy and efficiency from your Johns-Manville packings.
Your local Johns-Manville Packing Distributor will be glad to give you a copy of this handy packing selector, free of charge. Or write to Johns-Manville. Box 60, New York 16, N. Y, asking for Brochure PK-6M. In Canada, address 199 Bay Street, Toronto 1, Ontario.
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