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Peak oil and its impact on global economy
Hričková, Michaela ; Vošta, Milan (advisor) ; Jeníček, Vladimír (referee)
The diploma thesis focuses on world oil supply and aims to distinguish symptoms undoubtedly pointing to a possibly upcoming era of altered consumption and extraction patterns of oil products, which will be launched by "peak oil" -- a point when oil production reaches its maximum continues to decline. The thesis' objective is to analyse the probability of peak oil occurring and possible implications for world economy and selected countries. If proven true, it provides a an answer to the question whether the world economy can survive peaking without repercussions or whether it will shrink and decline into crisis. The first part defines the supply of oil and -- it's an overview of conventional and unconventional types of oil, petroleum products, oil fields, extraction techniques, energy effectiveness and substitutes. Furthermore, it defines "peak oil", it clarifies its history, strives to determine its possible date and compares it with the current oil situation. The second part surveys general implications of peak oil for world economics and politics -- it observes an unsatisfied oil demand, impact on the outputs of economies and the role of oil in economic crises. The political part follows with possible changes in the field of international politics. Lastly it tries to determine the effect on American suburbia. The third and final part is dedicated to selected countries, which are either important exporters or importers.
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