peak oil is what they call it when oil consumption will peak.
peak oil is what they call it when oil consumption will peak.
what do they call it when oil consumption will peak?
peak oil
for the most part, mitigation involves fuel conservation, and the use of alternative and renewable energy sources. the development of unconventional oil resources can extend the supply of petroleum, but does not reduce consumption.









































historically, world oil consumption data show that mitigation efforts during the 1973 and 1979 oil shocks lowered oil consumption, while general recessions since the 1970s have had no effect on curbing the oil consumption until 2007. in the united states, oil consumption declines in reaction to high prices.
mitigation of peak oil
after the oil crisis of 1973, the price of oil increased again between 1979 and 1980 due to the iranian revolution. this crisis was related to political instability in a major oil-exporting region. during this period, oil consumption decreased because of new efficiency. at that time, cars were developed so less oil was required and industrialization was also advanced to reduce oil consumption. this caused a decline in u.s. demand of oil and reduced the amount of international imports. the last energy crises in the u.s occurred in 1990. this occurred due to iraq's invasion of kuwait. similar to the previous crisis, price of oil increased and oil consumption decreased but by a smaller amount and had a smaller effect.
petroleum in the united states