Mathematics and Peak Oil

Size: px
Start display at page:

Download "Mathematics and Peak Oil"

Transcription

1 Mathematics and Peak Oil Richard W. Beveridge Clatsop Community College

2 Historical Background The conception of exponential growth has been around for a long time. Problem #79 from the Rhind Papyrus (17 th century BC) There are seven houses; in each house there are seven cats; each cat kills seven mice; each mouse has eaten seven grains of barley; each grain would have produced seven hekat. What is the sum of all enumerated things?

3 Growth by Doubling In 1256, the author Ibn Kallikan published the story of the Grand Vizier Sissa ben Dahir, the inventor of the chessboard. He brought the board to his king, King Shirham of India.

4 Growth by Doubling To reward Sissa, the king asked what he wanted in return. Sissa replied that he simply wanted one grain of wheat on the first square of the board, two grains on the second, four grains on the third, eight grains on the fourth and so on for all 64 squares on the board.

5 Fibonacci The famous Fibonacci sequence originated in a question of population. 1, 1, 2, 3, 5, 8, 13, 21, 34, 55,

6 Fibonacci A certain man put a pair of rabbits in a place surrounded on all sides by a wall. How many pairs of rabbits can be produced from that pair in a year if it is supposed that every month each pair begins a new pair which from the second month on becomes productive?

7 Mathematics and Social Science Thomas Malthus ( ) Adolphe Quetelet ( ) Pierre Verhulst ( )

8 Thomas Malthus Wrote An Essay on the Principal of Population (1798) Based his work on observations related to doubling time for populations.

9 Thomas Malthus This fundamental relationship is that the RATE of growth of a population is proportional to the size of the current population. More people=more babies=even more people and so on

10 Calculus in Brief What is commonly known as calculus is generally comprised of two pieces: Differential Calculus Integral Calculus

11 Differential Calculus Differential Calculus is generally concerned with finding the rate of change (or slope) of a given curve at a given point. A straight line has a constant rate of change, whereas a curve has a different rate of change at different points on the curve.

12 Year Population Change from last census ,929, ,308,483 1,379, ,239,881 1,931, ,638,453 2,398, ,866,020 3,227, ,069,453 4,203, ,191,876 6,122, ,443,321 8,251, ,558,371 7,115, ,189,209 11,630, ,979,766 12,790, ,212,168 13,232, ,228,496 16,016, ,021,537 13,793, ,202,624 17,181, ,164,569 8,961, ,325,798 19,161, ,323,175 27,997, ,302,031 23,978, ,542,199 23,240, ,709,873 22,167, ,421,906 32,712,033

13 Year Population Change from last census % change ,929, ,308,483 1,379, % ,239,881 1,931, % ,638,453 2,398, % ,866,020 3,227, % ,069,453 4,203, % ,191,876 6,122, % ,443,321 8,251, % ,558,371 7,115, % ,189,209 11,630, % ,979,766 12,790, % ,212,168 13,232, % ,228,496 16,016, % ,021,537 13,793, % ,202,624 17,181, % ,164,569 8,961, % ,325,798 19,161, % ,323,175 27,997, % ,302,031 23,978, % ,542,199 23,240, % ,709,873 22,167, % ,421,906 32,712, %

14 Exponential Growth Given a population of size P, then the rate of change of the population with respect to time ( t) is called dp. dt So, if the rate of change of the population is proportional to the size of the population, then

15 Exponential Growth dp = dt kp dp = P kdt dp P = k dt ln P = kt+ c kt ae = P

16 Exponential Growth y x y x

17 300,000, ,000, ,000, ,000, ,000,000 50,000, U.S. Census Data

18 Exponential Growth The Malthusian exponential growth model is only useful for limited time periods as it seems clear that nothing in the natural world can grow without limits.

19 Logistic Models From data gathered in 1919 by researchers growing sunflowers at University of California, Riverside. Days Height (cm)

20 Logistic Models y x

21 England Census Data ,000,000 50,000,000 40,000,000 30,000,000 20,000,000 10,000,

22 1,200,000 1,000, , , , , Rhode Island Census Data

23 9,000,000 8,000,000 7,000,000 6,000,000 5,000,000 4,000,000 3,000,000 2,000,000 1,000, New York City Population

24 Pierre Verhulst Pierre Verhulst conceived of a method to improve on the Malthusian or unlimited exponential growth model. Verhulst s idea was to introduce a counterbalancing factor into the equations that govern the population growth model.

25 Pierre Verhulst Verhulst theorized that population growth would be limited by the relationship between the size of the population and a theoretical carrying capacity.

26 Pierre Verhulst This was the foundation for the logistic model. dp = kp dt 1 P C dp = kp k dt P C 2

27 Exponential Growth dp = dt kp Logistic Growth dp = kp dt 1 P C

28 Pierre Verhulst In this case the population is decreased by its relationship to the carrying capacity

29 Pierre Verhulst The solution of the previous differential equation dp = kp dt 1 P C is given as P( t)= C 1+ Ae kt

30 Pierre Verhulst P( t)= C 1+ Ae kt where C is the carrying capacity and A and k are constants derived from observable data. This is known as the logistic function.

31 Logistic Models This model was found to be more realistic and useful for modeling the growth of living organisms and populations.

32 Logistic Models Taking a very basic form of the logistic equation P( t)= e t we can examine the graph

33 Logistic Models y x P( t)= e t

34 Logistic Models y x

35 Logistic Models If we go back and look at the sunflower data again, we can examine the rate of growth rather than the height of the plant. Days Growth (cm)

36 Logistic Models y x Days Growth (cm)

37 Logistic Models We can also examine the graph of the derivative or rate of change. dp dt = e t e t

38 Logistic Models dp dt = e t e t y x

39 Annual US Oil Production (in thousands) 4,000,000 3,500,000 3,000,000 2,500,000 2,000,000 1,500,000 1,000, ,000 0

40 Logistic Models y x P( t)= e t

41 Cumulative U.S. Oil Production (in thousands) 250,000, ,000, ,000, ,000,000 50,000,000 0

42 M. King Hubbert Marion King Hubbert ( ) Hubbert was a geophysicist who worked for Shell Oil from In 1956, Hubbert presented a paper to the Spring Meeting of the American Petroleum Institute in San Antonio.

43 M. King Hubbert In Hubbert s 1956 presentation, he was mainly concerned with the exponential growth in oil production. At the time of his talk, world oil production was increasing by 7% per year and, consequently, doubling every 10 years.

44 M. King Hubbert These facts alone force one to ask how long such rates of growth can be kept up Thus in ten doubling periods, the production rate would increase by a thousandfold; in twenty by a millionfold No finite resource can sustain for longer than a brief period such a rate of growth of production.

45 Calculus in Brief What is commonly known as calculus is generally comprised of two pieces: Differential Calculus Integral Calculus

46 Integral Calculus Integral calculus is generally concerned with finding the area under a curve. This is often useful when the curve itself represents a rate of change then the area under the curve will be the total amount.

47 Logistic Models dp dt = e t e t y x

48 Logistic Models y x P( t)= e t

49 Annual US Oil Production (in thousands) 4,000,000 3,500,000 3,000,000 2,500,000 2,000,000 1,500,000 1,000, ,000 0

50 Cumulative U.S. Oil Production (in thousands) 250,000, ,000, ,000, ,000,000 50,000,000 0

51 M. King Hubbert In his 1956 talk, Hubbert used a method estimating total oil reserves in the lower 48 states as between 150 and 200 billion barrels. Since the area under the production curve represents the total amount produced, this area can never exceed the total reserves.

52 M. King Hubbert This restriction on the area under the curve creates an initial estimate for peak production. By fitting the remaining oil available under the remaining piece of the curve, Hubbert arrived at an estimate for peak oil production in the lower 48 states.

53

54 M. King Hubbert He estimated that U.S. oil production would peak some time between 1965 and He was correct.

55 U.S. Oil Production In fact U.S. oil production peaked in 1970 at just over 3.5 billion barrels that year. In 1985, there was a second, lower peak of about 3.3 billion barrels that year as a result of Alaskan oil production.

56 Annual US Oil Production (in thousands) 4,000,000 3,500,000 3,000,000 2,500,000 2,000,000 1,500,000 1,000, ,000 0

57 U.S. Oil Production Since 1985, U.S. oil production has declined by about 45%. In 2008, U.S. oil production was about 1.8 billion barrels.

58 M. King Hubbert In 1962, Hubbert refined his methods to improve his analysis of oil production. His new method used data sets for U.S. oil production and U.S. oil discoveries.

59 M. King Hubbert The cumulative production when plotted as a function of time, will increase slowly during the early stages of petroleum exploitation, increase more and more rapidly with time to about the halfway point, and then continue its ascent by rising more and more slowly, finally leveling off to the ultimate figure [of total oil available] as production ceases.

60 Logistic Models y x P( t)= e t

61 M. King Hubbert As oil must be found before it can be produced, the curve of cumulative proved discoveries must closely resemble that of cumulative production, except that it must plot ahead of the production curve by some time interval

62

63

64

65

66 5 4 US Lower 48: annual oil discovery & production with Hubbert discovery model discovery smooth 5 yr model Hubbert disc. production Hubbert disc. shift 35 yr 3 2 deepwater Jean Laherrère Jan year

67 US lower 48 cumulative oil production & mean discovery with logistic models Jean Laherrere year L1 U=150 Gb L1+ L2 U=200 Gb mean discovery logistic U=200 Gb production

68 2,500,000 2,000,000 1,500,000 1,000, , Iran Annual Oil Production (in thousands)

69 France oil discovery & production modeled with 2 Hubbert curves discovery CD=930 Mb prod. Petroconsultants production USDOE H1 U=350 Mb H1+ H2 U=800 Mb Jean Laherrere year

70 2 1,8 1,6 1,4 1,2 1 0,8 0,6 0,4 0,2 World cumulative conventional oil discovery & oil production with a logistic model discovery oil+condensate L1 discovery U=2 Tb production liquides production crude oil L2 production U=2 Tb USGS 3012 Gb Jean Laherrere year

71 Saudi Arabia Annual Oil Production (in thousands) 4,500,000 4,000,000 3,500,000 3,000,000 2,500,000 2,000,000 1,500,000 1,000, ,

72 1,000, , , , , , , , , , Nigeria Annual Oil Production (in thousands)

73 1,600,000 1,400,000 1,200,000 1,000, , , , , Venezuela Annual Oil Production (in thousands)

74 1,600,000 1,400,000 1,200,000 1,000, , , , , Mexico Annual Oil Production (in thousands)

75 35,000,000 30,000,000 25,000,000 20,000,000 15,000,000 10,000,000 5,000, World Annual Oil Production (in thousands)

76 Annual US Oil Production (in thousands) 4,000,000 3,500,000 3,000,000 2,500,000 2,000,000 1,500,000 1,000, ,000 0

77 U.S. Oil Production Data From the U.S. Energy Information Administration. D_CRPDN_ADC_MBBLPD_A.htm

78 World Oil Production Data BP Statistical Review of World Energy June icle.do?categoryid= &contenti d=

79 References Hubbert, M.K., Energy from Fossil Fuels, Science, February 1949, v. 109, n. 2823, p , Nuclear Energy and the Fossil Fuels, Drilling and Production Practice, 1956, Presented before the Spring Meeting of the Southern District of the American Petroleum Institute, San Antonio, Texas, March 7-9, 1956.

80 References Hubbert, M.K., Energy Resources A Report to the Committee on Natural Resources of the National Academy of Sciences National Research Council, Publication 1000-D, National Academy of Sciences National Research Council, Washington, D.C., 1962.

81 /rbeveridge/research/papers_and _Presentations.htm

Rebalancing Global Crude Flows

Rebalancing Global Crude Flows Rebalancing Global Crude Flows John Mayes Director of Special Studies AFPM Annual Meeting San Antonio, Texas March 24, 2015 TM&C North American Crude & Condensate Outlook TM&C publishes North American

More information

Opening address for dinner-debate

Opening address for dinner-debate Opening address for dinner-debate Mohammed Barkindo Acting for the OPEC Secretary General European Parliament Strasbourg, France 4 July 2006 1 Outline Importance of EU-OPEC Energy Dialogue Current oil

More information

Let s work in the City!

Let s work in the City! Let s work in the City! Paul, a young French trader, wants to work in the City (London). He has applied for a job in two companies, has been interviewed, and has finally been offered a job in both companies.

More information

Global Oil Supplies: Is Supply Constrained? Kevin Lindemer

Global Oil Supplies: Is Supply Constrained? Kevin Lindemer Global Oil Supplies: Is Supply Constrained? Kevin Lindemer Is Supply Constrained? Signposts continue to indicate a supply constrained world is possible and could emerge, not-with-standing short-term easing.

More information

A Hare-Lynx Simulation Model

A Hare-Lynx Simulation Model 1 A Hare- Simulation Model What happens to the numbers of hares and lynx when the core of the system is like this? Hares O Balance? S H_Births Hares H_Fertility Area KillsPerHead Fertility Births Figure

More information

save percentages? (Name) (University)

save percentages? (Name) (University) 1 IB Maths Essay: What is the correlation between the height of football players and their save percentages? (Name) (University) Table of Contents Raw Data for Analysis...3 Table 1: Raw Data...3 Rationale

More information

Education Committee Economic Background and Issue Review

Education Committee Economic Background and Issue Review Education Committee Economic Background and Issue Review Montpelier, Vermont January 22, 2014 Thomas E. Kavet State Economist and Principal Economic Advisor to the Vermont State Legislature Since 1996

More information

Section 9. Energy Prices

Section 9. Energy Prices Section 9. Energy Prices Crude Oil. The average price of domestic crude oil at the wellhead was $36.53 per barrel in July 24, 33 percent above the level of July 23. The refiner acquisition cost of imported

More information

Rebalancing Global Crude Flows

Rebalancing Global Crude Flows Rebalancing Global Crude Flows John R. Auers Executive Vice President AIChE Dallas Chapter April Section Meeting April 28, 2015 Page 1 TM&C North American Crude & Condensate Outlook TM&C began publishing

More information

Name: Date: Time in days Rate of pollution in tons/day If,, and, find the value of. 3. If,, and, find the value of

Name: Date: Time in days Rate of pollution in tons/day If,, and, find the value of. 3. If,, and, find the value of Name: Date: 1. The rate of pollution pouring into a lake is measured every 10 days, with results in the following table. About how many tons of pollution have entered the lake during the first 40 days?

More information

Bioequivalence: Saving money with generic drugs

Bioequivalence: Saving money with generic drugs The Right Stuff: Appropriate Mathematics for All Students Promoting the use of materials that engage students in meaningful activities that promote the effective use of technology to support mathematics,

More information

Kjell Aleklett. Uppsala University, Sweden. Alnarp, mars Kjell Aleklett

Kjell Aleklett. Uppsala University, Sweden. Alnarp, mars Kjell Aleklett Uppsala University, Sweden Alnarp, mars 2006 Peak Oil on the web 2.220.000 First ASPO conference in Uppsala 2002: Peak Oil on Google less the 1000! IEA A World Addicted to Oil How much energy is bound

More information

MANITOBA'S ABORIGINAL COMMUNITY: A 2001 TO 2026 POPULATION & DEMOGRAPHIC PROFILE

MANITOBA'S ABORIGINAL COMMUNITY: A 2001 TO 2026 POPULATION & DEMOGRAPHIC PROFILE MANITOBA'S ABORIGINAL COMMUNITY: A 2001 TO 2026 POPULATION & DEMOGRAPHIC PROFILE MBS 2005-4 JULY 2005 TABLE OF CONTENTS I. Executive Summary 3 II. Introduction.. 9 PAGE III. IV. Projected Aboriginal Identity

More information

OPEC. Annual Statistical Bulletin Fuad Al Zayer Head, Data Services Department OPEC September

OPEC. Annual Statistical Bulletin Fuad Al Zayer Head, Data Services Department OPEC September OPEC Annual Statistical Bulletin 2006 Fuad Al Zayer Head, Data Services Department OPEC 1 13 September 2007 http://www.opec.org 2006, OUTLINE Present the 2006 edition of the OPEC ASB Show examples of topics

More information

The purpose of this experiment is to find this acceleration for a puck moving on an inclined air table.

The purpose of this experiment is to find this acceleration for a puck moving on an inclined air table. Experiment : Motion in an Inclined Plane PURPOSE The purpose of this experiment is to find this acceleration for a puck moving on an inclined air table. GENERAL In Experiment-1 you were concerned with

More information

Deer Population Student Guide

Deer Population Student Guide Deer Population Student Guide In many places, deer have become nuisance animals because they are so numerous. In some areas, a hunting season has been introduced or lengthened to reduce the number of deer.

More information

Stocks and Bonds Track Aging Population:

Stocks and Bonds Track Aging Population: Stocks and Bonds Track Aging Population: 1952-2008 8 85.00% 7 6 5 4 3 2 1 Correlation: 93% Stocks and Bonds as a Percentage of Household Liquid Financial Assets (left scale) Population 35 Years and Over

More information

12. School travel Introduction. Part III Chapter 12. School travel

12. School travel Introduction. Part III Chapter 12. School travel 12. School travel 12.1 Introduction This chapter presents the evidence on changes in travel patterns for the journey to school in the three towns over the period of the Sustainable Travel Town project.

More information

Mathematics (Project Maths Phase 3)

Mathematics (Project Maths Phase 3) L.17 NAME SCHOOL TEACHER Pre-Leaving Certificate Examination, 2014 Mathematics (Project Maths Phase 3) Paper 1 Higher Level Time: 2 hours, 30 minutes 300 marks For examiner Question 1 2 School stamp 3

More information

Lab: Predator-Prey Simulation

Lab: Predator-Prey Simulation Lab: Predator-Prey Simulation A Simulation of Jackrabbit and Mountain Lion Interactions Name Biology Pd Background: During the 1920s, as the story goes, the people of the northern Arizona and southern

More information

The History of the Future Price of Oil

The History of the Future Price of Oil The History of the Future Price of Oil JJ Dooley, MA Wise and PJ Runci Joint Global Change Research Institute May 28, 2008 PNNL-SA-60763 Climate change is a long-term strategic problem with implications

More information

It s time to sober up!

It s time to sober up! It s time to sober up! Uppsala University, Sweden Pisa, July 2006 Kjell [ ] A World Addicted to Oil "We have a serious problem. America is addicted to oil, which is often imported from unstable parts of

More information

Changing Demographics in the U.S. and the Impact on Congress

Changing Demographics in the U.S. and the Impact on Congress Changing Demographics in the U.S. and the Impact on Congress Richard Fry, PhD Prepared for presentation to the HACU 16 th Annual National Capitol Forum on Hispanic Higher Education, Washington, DC April

More information

Math 122 Fall Recitation Handout 16: Taylor Series and the Atlantic Bluefin Tuna

Math 122 Fall Recitation Handout 16: Taylor Series and the Atlantic Bluefin Tuna Math 122 Fall 28 Recitation Handout 16: Taylor Series and the Atlantic Bluefin Tuna The giant bluefin tuna (Thunnus thynnus) is the largest bony fish known to science. This fish can grow to a length of

More information

LOW PRESSURE EFFUSION OF GASES adapted by Luke Hanley and Mike Trenary

LOW PRESSURE EFFUSION OF GASES adapted by Luke Hanley and Mike Trenary ADH 1/7/014 LOW PRESSURE EFFUSION OF GASES adapted by Luke Hanley and Mike Trenary This experiment will introduce you to the kinetic properties of low-pressure gases. You will make observations on the

More information

The Houston Economy Jesse Thompson Regional Business Economist The Federal Reserve Bank of Dallas, Houston Branch January 2017

The Houston Economy Jesse Thompson Regional Business Economist The Federal Reserve Bank of Dallas, Houston Branch January 2017 The Houston Economy Jesse Thompson Regional Business Economist The Federal Reserve Bank of Dallas, Houston Branch January 2017 Image from http://peoplesguidetohouston.wordpress.com/category/uncategorized/

More information

Percent

Percent Outline Outline Growth is picking up Percent 6 Advanced economies Emerging and developing economies 5 4 4.9 5.0 4.3 4.4 4.6 4.7 4.7 3.7 3.7 3 2 2.0 2.3 1.6 2.2 2.3 1.9 1.7 1 1.1 1.3 0 2012 2013 2014 2015

More information

OPEC MARKET SHARE 60% 50% 40% 30% 20% 10% ACTUAL DOE IEA PEL PIRA DBAB DRI-WEFA

OPEC MARKET SHARE 60% 50% 40% 30% 20% 10% ACTUAL DOE IEA PEL PIRA DBAB DRI-WEFA 2025 2030 OPEC MARKET SHARE 60% 50% 40% 30% 20% 10% 0% 22 1970 1975 1980 1985 1990 1995 2000 2005 2010 2015 2020 ACTUAL DOE IEA PEL PIRA DBAB DRI-WEFA PRICE OUTLOOK $60 $50 $40 1999$/BBL $30 $20 $10 $0

More information

Projections of road casualties in Great Britain to 2030

Projections of road casualties in Great Britain to 2030 5 Projections of road casualties in Great Britain to 2030 C G B (Kit) Mitchell and R E Allsop Published March 2014 Contents Section 1 Introduction 4 Section 2 Trends in road casualty rates 6 Section 3

More information

The Houston Economy Jesse Thompson Regional Business Economist The Federal Reserve Bank of Dallas, Houston Branch February 2017

The Houston Economy Jesse Thompson Regional Business Economist The Federal Reserve Bank of Dallas, Houston Branch February 2017 The Houston Economy Jesse Thompson Regional Business Economist The Federal Reserve Bank of Dallas, Houston Branch February 2017 Image from http://peoplesguidetohouston.wordpress.com/category/uncategorized/

More information

4-3 Rate of Change and Slope. Warm Up. 1. Find the x- and y-intercepts of 2x 5y = 20. Describe the correlation shown by the scatter plot. 2.

4-3 Rate of Change and Slope. Warm Up. 1. Find the x- and y-intercepts of 2x 5y = 20. Describe the correlation shown by the scatter plot. 2. Warm Up 1. Find the x- and y-intercepts of 2x 5y = 20. Describe the correlation shown by the scatter plot. 2. Objectives Find rates of change and slopes. Relate a constant rate of change to the slope of

More information

Calculation of Trail Usage from Counter Data

Calculation of Trail Usage from Counter Data 1. Introduction 1 Calculation of Trail Usage from Counter Data 1/17/17 Stephen Martin, Ph.D. Automatic counters are used on trails to measure how many people are using the trail. A fundamental question

More information

Airport Forecasting Prof. Richard de Neufville

Airport Forecasting Prof. Richard de Neufville Airport Forecasting Prof. Richard de Neufville Istanbul Technical University Air Transportation Management M.Sc. Program Airport Planning and Management / RdN Airport Planning and Management Module 07

More information

Exploring the Evidence of Peak Oil Production. Kjell Aleklett. Uppsala University, Sweden. Kjell Aleklett

Exploring the Evidence of Peak Oil Production. Kjell Aleklett. Uppsala University, Sweden. Kjell Aleklett Exploring the Evidence of Peak Oil Production Uppsala University, Sweden Uppsala University Executive board: President:, Professor, Uppsala University, Sweden, Chairman: Colin J. Campbell, Dr, Cork, Ireland

More information

The Houston Economy Jesse Thompson Regional Business Economist The Federal Reserve Bank of Dallas, Houston Branch June 2016

The Houston Economy Jesse Thompson Regional Business Economist The Federal Reserve Bank of Dallas, Houston Branch June 2016 The Houston Economy Jesse Thompson Regional Business Economist The Federal Reserve Bank of Dallas, Houston Branch June 2016 Image from http://peoplesguidetohouston.wordpress.com/category/uncategorized/

More information

IMPROVING POPULATION MANAGEMENT AND HARVEST QUOTAS OF MOOSE IN RUSSIA

IMPROVING POPULATION MANAGEMENT AND HARVEST QUOTAS OF MOOSE IN RUSSIA IMPROVING POPULATION MANAGEMENT AND HARVEST QUOTAS OF MOOSE IN RUSSIA Vladimir M. Glushkov Research Institute of Game Management and Fur Farming, Kirov, Russia. ABSTRACT: Annual harvest quotas for moose

More information

Agriculture Outlook. Rich Pottorff Doane Advisory Services

Agriculture Outlook. Rich Pottorff Doane Advisory Services Agriculture Outlook Rich Pottorff Doane Advisory Services General Outline An overview of U.S. crop markets Corn, soybeans, wheat & cotton Some factors shaping the outlook World Ag Situation Conclusions

More information

2016 Grains & Oilseeds Outlook. The global outlook remains positive. 12/7/2015. Matthew C. Roberts

2016 Grains & Oilseeds Outlook. The global outlook remains positive. 12/7/2015. Matthew C. Roberts 12/7/215 216 Grains & Oilseeds Outlook Matthew C. Roberts Roberts.628@osu.edu The global outlook remains positive. www.matthewcroberts.com 2 www.matthewcroberts.com 3 www.matthewcroberts.com 4 www.matthewcroberts.com

More information

Piecewise Functions. Updated: 05/15/10

Piecewise Functions. Updated: 05/15/10 Connecting Algebra 1 to Advanced Placement* Mathematics A Resource and Strategy Guide Updated: 05/15/ Objectives: Students will review linear functions and their properties and be introduced to piecewise

More information

The Texas Gulf Coast Overview and Outlook

The Texas Gulf Coast Overview and Outlook The Texas Gulf Coast Overview and Outlook Jesse Thompson Federal Reserve Bank of Dallas Houston Branch 06/2018 The views expressed in this presentation are strictly those of the presenter and do not necessarily

More information

These draft test specifications and sample items and other materials are just that drafts. As such, they will systematically evolve over time.

These draft test specifications and sample items and other materials are just that drafts. As such, they will systematically evolve over time. t h e redesigned sat These draft test specifications and sample items and other materials are just that drafts. As such, they will systematically evolve over time. These sample items are meant to illustrate

More information

United Nations Conference on Trade and Development

United Nations Conference on Trade and Development United Nations Conference on Trade and Development 11 th MULTI-YEAR EXPERT MEETING ON COMMODITIES AND DEVELOPMENT 15-16 April 2019, Geneva Saudi economic growth strategy on the face of oil price uncertainty

More information

A position graph will give the location of an object at a certain time.

A position graph will give the location of an object at a certain time. Calculus 3.4 Notes A position graph will give the location of an object at a certain time. At t = 4, the car is 20 miles away from where it started. A position function is usually written as or. If the

More information

Forecasting. Forecasting In Practice

Forecasting. Forecasting In Practice ing Dr. Richard de Neufville Professor of Engineering Systems and Civil and Environmental Engineering Massachusetts Institute of Technology ing In Practice Objective: To present procedure. Topics: 1. Premises

More information

U.S. Oil & Gas Industry Chartbook

U.S. Oil & Gas Industry Chartbook U.S. Oil & Gas Industry Chartbook BBVA Research USA Houston, TX July 2015 DISCLAIMER This document was prepared by Banco Bilbao Vizcaya Argentaria s (BBVA) BBVA Research U.S. on behalf of itself and its

More information

U.S. Overview. Gathering Steam? Tuesday, October 1, 2013

U.S. Overview. Gathering Steam? Tuesday, October 1, 2013 U.S. Overview Gathering Steam? Tuesday, October 1, 2013 Uneven global economic recovery Annual real GDP growth projections (%) Projections 2013 2014 World 3.1 3.1 3.8 United States 2.2 1.7 2.7 Euro Area

More information

World Vegetable Oil Themes in 2018/19

World Vegetable Oil Themes in 2018/19 World Vegetable Oil Themes in 2018/19 Ben Buckner AgResource Company World Veg Oil Themes in 2018 POLITICS Disorder, Trade Barriers (India More than China?) HUGE difference between world soybean supply

More information

Domestic Energy Fact File (2006): Owner occupied, Local authority, Private rented and Registered social landlord homes

Domestic Energy Fact File (2006): Owner occupied, Local authority, Private rented and Registered social landlord homes Domestic Energy Fact File (2006): Owner occupied, Local authority, Private rented and Registered social landlord homes Domestic Energy Fact File (2006): Owner occupied, Local authority, Private rented

More information

Global SURF (Subsea Umbilicals, Risers and Flowlines) Market: 2018 World Market Review and Forecast to 2023

Global SURF (Subsea Umbilicals, Risers and Flowlines) Market: 2018 World Market Review and Forecast to 2023 Global SURF (Subsea Umbilicals, Risers and Flowlines) Market: 2018 World Market Review and Forecast to 2023 By Water Depth Shallow Water and Deep Water By Type- Umbilical, Riser and Flowlines By Umbilical

More information

Market Report Series Oil SIEW 2017 launch - 28 March 2017

Market Report Series Oil SIEW 2017 launch - 28 March 2017 Market Report Series Oil 2017 SIEW 2017 launch - 28 March 2017 Oil demand continues to grow but at a slower pace 2.0 Global oil demand growth 2014-2022 1.5 1.0 0.5 0.0 2014 2015 2016 2017 2018 2019 2020

More information

A Study of the Relationship between Horse Slaughter and Reported Cases of Abuse and Neglect

A Study of the Relationship between Horse Slaughter and Reported Cases of Abuse and Neglect A Study of the Relationship between Horse Slaughter and Reported Cases of Abuse and Neglect John M. Holland 23 January, 2006 The Unwanted Horse Theory The unwanted horse theory is the single most frequently

More information

Advanced Hydraulics Prof. Dr. Suresh A. Kartha Department of Civil Engineering Indian Institute of Technology, Guwahati

Advanced Hydraulics Prof. Dr. Suresh A. Kartha Department of Civil Engineering Indian Institute of Technology, Guwahati Advanced Hydraulics Prof. Dr. Suresh A. Kartha Department of Civil Engineering Indian Institute of Technology, Guwahati Module - 4 Hydraulics Jumps Lecture - 4 Features of Hydraulic Jumps (Refer Slide

More information

Short and Medium-Term Oil Market Outlook. 13 th Shanghai Derivatives Market Forum - 25 May 2016

Short and Medium-Term Oil Market Outlook. 13 th Shanghai Derivatives Market Forum - 25 May 2016 Short and Medium-Term Oil Market Outlook 13 th Shanghai Derivatives Market Forum - 25 May 2016 Oil world changed on Nov. 27 th 2014 $/bbl 120 Brent crude oil 100 80 60 40 Copyright 2016 Argus Media 20

More information

Author s Name Name of the Paper Session. Positioning Committee. Marine Technology Society. DYNAMIC POSITIONING CONFERENCE September 18-19, 2001

Author s Name Name of the Paper Session. Positioning Committee. Marine Technology Society. DYNAMIC POSITIONING CONFERENCE September 18-19, 2001 Author s Name Name of the Paper Session PDynamic Positioning Committee Marine Technology Society DYNAMIC POSITIONING CONFERENCE September 18-19, 2001 POWER PLANT SESSION A New Concept for Fuel Tight DP

More information

Summary of discussion

Summary of discussion Tweedsmuir Caribou Modelling Project: Caribou Population Ecology Meeting Notes held March 5, 2008 Participants: Mark Williams, Debbie Cichowski, Don Morgan, Doug Steventon, Dave Daust Purpose: The purpose

More information

Surf Clams: Latitude & Growth

Surf Clams: Latitude & Growth Surf Clams: Latitude & Growth East Coast MARE Materials For the leader: Projector Whiteboard to project data graph onto For the activity: Copy of data table Copy of map Computer program to graph in or

More information

Little Spokane River Stream Gage Report: Deadman Creek, Dragoon Creek, and the West Branch of the Little Spokane River

Little Spokane River Stream Gage Report: Deadman Creek, Dragoon Creek, and the West Branch of the Little Spokane River Little Spokane River Stream Gage Report: Deadman Creek, Dragoon Creek, and the West Branch of the Little Spokane River June 2010 Spokane County Conservation District N. 210 Havana St. Spokane, WA 99202

More information

Prudhoe Bay Oil Production Optimization: Using Virtual Intelligence Techniques, Stage One: Neural Model Building

Prudhoe Bay Oil Production Optimization: Using Virtual Intelligence Techniques, Stage One: Neural Model Building Prudhoe Bay Oil Production Optimization: Using Virtual Intelligence Techniques, Stage One: Neural Model Building Shahab D. Mohaghegh, West Virginia University Lynda A. Hutchins, BP Exploration (Alaska),

More information

Managing Wildlife Populations

Managing Wildlife Populations Lesson C4 5 Managing Wildlife Populations Unit C. Animal Wildlife Management Problem Area 4. Game Birds Management Lesson 5. Managing Wildlife Populations New Mexico Content Standard: Pathway Strand: Natural

More information

Building System Dynamics Models

Building System Dynamics Models Building System Dynamics Models Stella Guide 6 Overshoot and Collapse Deer Population Vegetation 7000.00 90000.00 3500.00 45000.00 0.00 0.00 0.00 5.00 0.00 5.00 0.00 Graph p () Years 4:0 pm Mon, Feb 6,

More information

6.6 Gradually Varied Flow

6.6 Gradually Varied Flow 6.6 Gradually Varied Flow Non-uniform flow is a flow for which the depth of flow is varied. This varied flow can be either Gradually varied flow (GVF) or Rapidly varied flow (RVF). uch situations occur

More information

The Discussion of this exercise covers the following points: Range with an elevated or suppressed zero Suppressed-zero range Elevated-zero range

The Discussion of this exercise covers the following points: Range with an elevated or suppressed zero Suppressed-zero range Elevated-zero range Exercise 4-3 Zero Suppression and Zero Elevation EXERCISE OBJECTIVE In this exercise, you will learn the effect that mounting a pressure transmitter above or below the reference level has on the hydrostatic

More information

Energy, Economy and Policy: A Glimpse at the 21 st Century

Energy, Economy and Policy: A Glimpse at the 21 st Century Gas Well Deliquification Workshop Denver, Colorado February, 2009 Energy, Economy and Policy: A Glimpse at the 21 st Century Scott W. Tinker Bureau of Economic Geology Jackson School of Geosciences The

More information

Conservation Limits and Management Targets

Conservation Limits and Management Targets Conservation Limits and Management Targets Setting conservation limits The use of conservation limits (CLs) in England and Wales (E&W) has developed in line with the requirement of ICES and NASCO to set

More information

Chapter 12 Practice Test

Chapter 12 Practice Test Chapter 12 Practice Test 1. Which of the following is not one of the conditions that must be satisfied in order to perform inference about the slope of a least-squares regression line? (a) For each value

More information

RURAL HIGHWAY SHOULDERS THAT ACCOMMODATE BICYCLE AND PEDESTRIAN USE (TxDOT Project ) June 7, Presented by: Karen Dixon, Ph.D., P.E.

RURAL HIGHWAY SHOULDERS THAT ACCOMMODATE BICYCLE AND PEDESTRIAN USE (TxDOT Project ) June 7, Presented by: Karen Dixon, Ph.D., P.E. RURAL HIGHWAY SHOULDERS THAT ACCOMMODATE BICYCLE AND PEDESTRIAN USE (TxDOT Project 0-6840) June 7, 2016 Presented by: Karen Dixon, Ph.D., P.E., TTI Team: Kay Fitzpatrick, Raul Avelar, & Subasish Das Project

More information

Bob Costello Chief Economist & Vice President American Trucking Associations. Economic & Motor Carrier Industry Trends. September 10, 2013

Bob Costello Chief Economist & Vice President American Trucking Associations. Economic & Motor Carrier Industry Trends. September 10, 2013 Bob Costello Chief Economist & Vice President American Trucking Associations Economic & Motor Carrier Industry Trends September 10, 2013 The Freight Economy Washington continues to be a headwind on economic

More information

Oil Prices: Past, Present, & Future

Oil Prices: Past, Present, & Future Oil Prices: Past, Present, & Future Gulf Research Center November 23, 2005 A. F. Alhajji*, PhD Gulf Energy Program - Moderator Gulf Research Center Dubai, UAE *A. F. Alhajji, PhD is also George Patten

More information

Background information. normal force on a surface area of the surface

Background information. normal force on a surface area of the surface Experiment 5a Class: Name: ( ) Date: 5a Boyle s law Objective To investigate the relationship between the pressure and volume of a fixed mass of gas at a constant temperature. Background information Pressure

More information

The Energy Years Leading Trinidad and Tobago s energy sector in a time of global change

The Energy Years Leading Trinidad and Tobago s energy sector in a time of global change The Energy Years Leading Trinidad and Tobago s energy sector in a time of global change By Kevin C. Ramnarine KBH Center, University of Texas at Austin January 24 2017 Structure of Lecture The global energy

More information

Novel empirical correlations for estimation of bubble point pressure, saturated viscosity and gas solubility of crude oils

Novel empirical correlations for estimation of bubble point pressure, saturated viscosity and gas solubility of crude oils 86 Pet.Sci.(29)6:86-9 DOI 1.17/s12182-9-16-x Novel empirical correlations for estimation of bubble point pressure, saturated viscosity and gas solubility of crude oils Ehsan Khamehchi 1, Fariborz Rashidi

More information

Growth: Humans & Surf Clams

Growth: Humans & Surf Clams Growth: Humans & Surf Clams East Coast MARE Materials For the leader: Projector Whiteboard to project data graph onto White paper & markers For the activity: Copy of data table Copy of map Class graphing

More information

Pressure Control. where: p is the pressure F is the normal component of the force A is the area

Pressure Control. where: p is the pressure F is the normal component of the force A is the area Pressure Control First of all, what is pressure, the property we want to control? From Wikipedia, the free encyclopedia. Pressure is the application of force to a surface, and the concentration of that

More information

Year Trend Cycle Seasonal Random Actual

Year Trend Cycle Seasonal Random Actual Department Of Economics, University Of Ghana Level 300, Econs 305: Applied Statistics for Economist Lecturer: Dr. D. K. Twerefou Problem Set 3: Time series analysis 1. The table below provides the components

More information

Grade: 8. Author(s): Hope Phillips

Grade: 8. Author(s): Hope Phillips Title: Tying Knots: An Introductory Activity for Writing Equations in Slope-Intercept Form Prior Knowledge Needed: Grade: 8 Author(s): Hope Phillips BIG Idea: Linear Equations how to analyze data from

More information

Producer - Consumer Dialogue - Rising to New Challenges -

Producer - Consumer Dialogue - Rising to New Challenges - Producer - Consumer Dialogue - Rising to New Challenges - Klaus Rehaag Head, Oil Industry & Markets Division Editor, Oil Market Report International Energy Agency Paris, France klaus.rehaag@iea.org Asia

More information

Oil for Heating and Transportation Maine Per Capita Use is High A 2017 Perspective Presented by Jamie Py

Oil for Heating and Transportation Maine Per Capita Use is High A 2017 Perspective Presented by Jamie Py Oil for Heating and Transportation Maine Per Capita Use is High A 2017 Perspective Presented by Jamie Py October 2017 Perspectives Maine Fuel Marketer Background 2017 Reducing Oil Use. The Why and How

More information

Failure Data Analysis for Aircraft Maintenance Planning

Failure Data Analysis for Aircraft Maintenance Planning Failure Data Analysis for Aircraft Maintenance Planning M. Tozan, A. Z. Al-Garni, A. M. Al-Garni, and A. Jamal Aerospace Engineering Department King Fahd University of Petroleum and Minerals Abstract This

More information

Name Class Date. What are some properties of gases? How do changes of pressure, temperature, or volume affect a gas?

Name Class Date. What are some properties of gases? How do changes of pressure, temperature, or volume affect a gas? CHAPTER 3 States of Matter 4 Behavior of Gases SECTION KEY IDEAS As you read this section, keep these questions in mind: What are some properties of gases? How do changes of pressure, temperature, or volume

More information

Climate Change & India

Climate Change & India Climate Change & India New Delhi How has India warmed over the past 117 years? How the temperatures have increased seasonally? How far away we are from 1.5 degree C target? Methodology 117 years (1901-1916)

More information

The New World Order in Energy: Peak Oil or Peak Prices?

The New World Order in Energy: Peak Oil or Peak Prices? The New World Order in Energy: Peak Oil or Peak Prices? Prepared For: APIC Marketing Seminar by CMAI Asia Petrochemical Industry Conference 2008 Raffles City Convention Centre, Singapore May 2008 Prepared

More information

The Discussion of this exercise covers the following points:

The Discussion of this exercise covers the following points: Exercise 3-2 Orifice Plates EXERCISE OBJECTIVE In this exercise, you will study how differential pressure flowmeters operate. You will describe the relationship between the flow rate and the pressure drop

More information

UNIVERSITY OF CAMBRIDGE INTERNATIONAL EXAMINATIONS General Certificate of Education Ordinary Level

UNIVERSITY OF CAMBRIDGE INTERNATIONAL EXAMINATIONS General Certificate of Education Ordinary Level UNIVERSITY OF CAMBRIDGE INTERNATIONAL EXAMINATIONS General Certificate of Education Ordinary Level *3373524824* STATISTICS 4040/23 Paper 2 October/November 2013 Candidates answer on the question paper.

More information

Index, nominal terms, 2010 = Energy. Agriculture Metals

Index, nominal terms, 2010 = Energy. Agriculture Metals Outline Broad commodity price trends Index, nominal terms, 2010 = 100 180 150 Energy 120 90 60 Agriculture Metals 30 Jan-07 Jan-08 Jan-09 Jan-10 Jan-11 Jan-12 Jan-13 Jan-14 Jan-15 Jan-16 Jan-17 Source:

More information

Averages. October 19, Discussion item: When we talk about an average, what exactly do we mean? When are they useful?

Averages. October 19, Discussion item: When we talk about an average, what exactly do we mean? When are they useful? Averages October 19, 2005 Discussion item: When we talk about an average, what exactly do we mean? When are they useful? 1 The Arithmetic Mean When we talk about an average, we can mean different things

More information

Your Texas Economy. Current through: Tuesday, Nov 20, 2018

Your Texas Economy. Current through: Tuesday, Nov 20, 2018 Your Texas Economy Current through: Tuesday, Nov 20, 2018 Overview of Texas Economy The Texas economy is growing robustly in 2018 2018 job growth through October is 2.9 percent annualized compared to 2.1

More information

The High School Math Project Focus on Algebra. Bottles and Divers. (Rates of Change)

The High School Math Project Focus on Algebra. Bottles and Divers. (Rates of Change) The High School Math Project Focus on Algebra Bottles and Divers (Rates of Change) Objective Students calculate the rate of change between two points on a curve by determining the slope of the line joining

More information

Market Outlook January,

Market Outlook January, Market Outlook 2004 January, 2004 www.teekay.com Forward Looking Statements This document contains forward-looking statements (as defined in Section 21E of the Securities Exchange Act of 1934, as amended)

More information

A Distant Mirror: Credit contraction, monetary policy and commodity prices during the Great Depression. John Kemp Reuters 30 January 2009

A Distant Mirror: Credit contraction, monetary policy and commodity prices during the Great Depression. John Kemp Reuters 30 January 2009 A Distant Mirror: Credit contraction, monetary policy and commodity prices during the Great Depression John Kemp Reuters 3 January 29 BORROWING BOOM IN 192s. FOLLOWED BY DE-LEVERAGING IN 193s U.S.$ bn

More information

On-Road Parking A New Approach to Quantify the Side Friction Regarding Road Width Reduction

On-Road Parking A New Approach to Quantify the Side Friction Regarding Road Width Reduction On-Road Parking A New Regarding Road Width Reduction a b Indian Institute of Technology Guwahati Guwahati 781039, India Outline Motivation Introduction Background Data Collection Methodology Results &

More information

Invasive Versus Endemic Species

Invasive Versus Endemic Species School and University Partnership for Educational Renewal in Mathematics Invasive Versus Endemic Species Located some 2,400 miles from the nearest continental shore, the Hawaiian Islands are the most isolated

More information

SUMMARY. Natural Gas In The World 2017 Edition

SUMMARY. Natural Gas In The World 2017 Edition CEDIGAZ, the International Association for Natural Gas SUMMARY Natural Gas In The World 217 Edition CEDIGAZ, October 217 NATURAL GAS IN THE WORLD 217 SUMMARY Worldwide proven natural gas reserves grew

More information

MUSTAFA MOHATAREM Chief Economist, General Motors

MUSTAFA MOHATAREM Chief Economist, General Motors MUSTAFA MOHATAREM Chief Economist, General Motors INTRODUCTION The U.S. economy continues to grow at a gradual but also erratic pace The current recovery is one of the slowest in the post-wwii U.S. history.

More information

Trial version. Gas Compression and Expansion. How can you calculate the energy used or made available when the volume of a gas is changed?

Trial version. Gas Compression and Expansion. How can you calculate the energy used or made available when the volume of a gas is changed? Gas Compression and Expansion How can you calculate the energy used or made available when the volume of a gas is changed? Gas Compression and Expansion page: 1 of 10 Contents Initial Problem Statement

More information

ENGINEERING ANALYSIS OF THOROUGHBRED RACING. Rubin Boxer. Revelation Software

ENGINEERING ANALYSIS OF THOROUGHBRED RACING. Rubin Boxer. Revelation Software ENGINEERING ANALYSIS OF THOROUGHBRED RACING by Rubin Boxer Revelation Software P.O. Box 21344 Santa Barbara, CA 93121-1344 Phone: (805) 962-9045 www.revelationprofits.com Copyright 1997-2004 Revelation

More information

Alaska s Natural Resource Commodities: A 10-Year Outlook

Alaska s Natural Resource Commodities: A 10-Year Outlook Alaska Resources Development Council November 14-15, 2018 Alaska s Natural Resource Commodities: A 10-Year Outlook David R. Hammond, Ph.D. Principal Mineral Economist Hammond International Group Commodities

More information

Characterizers for control loops

Characterizers for control loops Characterizers for control loops By: F. G. Shinskey (May 1999) Introduction Commercial controllers such as the PID series (proportional, integral, derivative, and their combinations) are linear devices

More information

U.S. Oil & Gas Industry Chartbook

U.S. Oil & Gas Industry Chartbook U.S. Oil & Gas Industry Chartbook BBVA Research USA Houston, TX August 2015 DISCLAIMER This document was prepared by Banco Bilbao Vizcaya (BBVA) BBVA Research U.S. on behalf of itself and its affiliated

More information

Modeling air mass flow into a football and resulting pressure after cooling

Modeling air mass flow into a football and resulting pressure after cooling Modeling air mass flow into a foot and resulting pressure after cooling Dr. Joseph S. Jewell www.joejewell.com 1 February 2015 Abstract: Realistic modeling of the rapid filling process for a foot, neglected

More information

LOW PRESSURE EFFUSION OF GASES revised by Igor Bolotin 03/05/12

LOW PRESSURE EFFUSION OF GASES revised by Igor Bolotin 03/05/12 LOW PRESSURE EFFUSION OF GASES revised by Igor Bolotin 03/05/ This experiment will introduce you to the kinetic properties of low-pressure gases. You will make observations on the rates with which selected

More information