1. After considering the arguments in support of peak oil theory and the arguments against it, draw...

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1. After considering the arguments in support of peak oil theory and the arguments against it, draw a graph (with oil production on the vertical axis and time on the horizontal axis) which shows your predictions of world oil production from now until the year 2100. Defend your predictions.
2. It appears that the supply of fossil fuels is very large. Discuss some potential problems that might arise, even with such a large supply.
3. Consider the following statement: There are so many uncertainties that must be taken into account when trying to predict the supply of, and demand for, natural resources that it is impossible to have any confidence in anyone’s predictions. Do you agree or disagree with the statement? Explain your reasoning.
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Business

ISBN: 978-0133354263

8th Canadian Edition

Authors: Ricky Griffin, Ronald J.Ebert, Frederick Starke, Melanie Lang, George Dracopoulos

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