What analogy from everyday life can you think of that would help someone understand the idea that extraction of oil from the ground must be preceded by exploration and discovery of the resource, and that we can't produce more than we discover?

Short Answer

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Question: Explain the concept of oil extraction being preceded by exploration and discovery, and that we can't produce more than what we discover, using an analogy from everyday life. Answer: A suitable analogy would be searching for your wallet or keys at home before you can use them. You must explore and find your misplaced items in various rooms and hiding spots. Once you've found your wallet or keys, you can use the contents, but you're limited to the number of keys or the amount of money you actually possess. Similarly, oil extraction relies on prior exploration and discovery, and we can only produce the amount of oil that has been discovered.

Step by step solution

01

Finding a Book in a Library

Imagine you are in a large library, and you're looking for a specific book. Before you can start reading the book, you first need to explore the library to discover its location. This exploration process usually involves searching through different sections, browsing through the books, and using the library's resources (e.g., library catalog or librarian) to locate the exact book you want. Once you've found the book, you can then begin using it (extracting its information), but you can only extract as much information as there is in the book.
02

Searching for Your Wallet or Keys

Consider the scenario when you've misplaced your wallet or keys at home, and you need to use them to make a purchase or leave the house. Before you can use these items, you first need to explore and find them. You might search various rooms, check usual hiding spots, and maybe ask family members for help. Once you've found your wallet or keys, you can use them, but the number of keys or the amount of money in your wallet is limited. You can't use more keys or dollars than you actually possess.
03

A Chef Preparing a Meal

Think of a chef in a kitchen, preparing a meal for guests at a restaurant. Before the chef can start cooking, they need to explore and discover the ingredients they have available. This may involve taking stock of their pantry, freezer, and refrigerator to find what ingredients they have and in what quantities. Once the chef has located the necessary ingredients, they can begin producing the meal. However, the chef can't create more dishes than the ingredients they have on hand, as the available resources limit them. Each of these analogies helps illustrate the idea that extraction of oil from the ground must be preceded by exploration and discovery of the resource, and that we can't produce more than what we discover. They all involve some form of "exploration" and "extraction" within a familiar context to make the concept more relatable and easier to understand.

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Most popular questions from this chapter

One liter of gasoline \((1,000 \mathrm{~mL})\) has a mass of about \(750 \mathrm{~g}\) and contains about \(9.7 \mathrm{kWh}\) of energy. Meanwhile, a typical AA battery occupies \(7.4 \mathrm{~mL}\) of volume at a mass of \(23 \mathrm{~g}\), while holding about \(0.003 \mathrm{kWh}\) of energy. How much volume and how heavy would a collection of AA batteries be in order to match the energy in a liter of gasoline, and by what factors (in volume and mass) is gasoline superior?

Explain, both in practical and mathematical terms, why the \(\mathrm{R} / \mathrm{P}\) ratio overestimates the time remaining for a resource if the rate of production (use) of that resource is continually increasing.

If the inevitable decline in fossil fuel availability is a potentially important disrupter of the status quo in the decades to come, what are some reasons it gets little attention compared to, say, climate change? No right answer here, but what do you think contributes?

A number of attempts to estimate the energy investment in our food arrive at the conclusion that every kcal of food we eat took \(10 \mathrm{kcal}^{85}\) of fossil fuel input energy, so that we are effectively eating our fossil fuels! As a sanity check, what fraction of our fossil fuel energy would have to go into food production in the U.S. if diets are typically \(2,000 \mathrm{kcal} /\) day and we use fossil fuels at a rate of \(8,000 \mathrm{~W} ?^{86}\) Does the answer seem plausible?

Let's say that Earth was originally endowed with one million flerbits, \({ }^{87}\) and that we have already used up 400,000 of them. We currently extract 15,000 per year. How long does the \(\mathrm{R} / \mathrm{P}\) ratio suggest the resource will last?

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