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Peak Oil Task Force Report - City of Bloomington - State of Indiana

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Putting it all together: “peak energy” by 2030?<br />

In summary, we think that the following dates for the peaking <strong>of</strong> the various fossil fuels are<br />

plausible:<br />

• <strong>Oil</strong>: 2008‐2015<br />

• Coal: 2030<br />

• Natural gas: 2030(?)<br />

A question mark is placed after the 2030 projected date <strong>of</strong> peak natural gas, to allow for the<br />

possibility that a peak may occur later if recent optimistic evaluations <strong>of</strong> the magnitude <strong>of</strong><br />

the non‐conventional gas resource prove correct.<br />

If all <strong>of</strong> the three fossil fuels peak in production by 2030 (or well before, in the case <strong>of</strong><br />

petroleum), we think it would be quite difficult for world energy production to grow for<br />

very long after that point, even allowing major increases in renewable energy production –<br />

and possibly nuclear energy as well.<br />

<strong>Report</strong> <strong>of</strong> the <strong>Bloomington</strong> <strong>Peak</strong> <strong>Oil</strong> <strong>Task</strong> <strong>Force</strong> 242

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