{news} News from League of Women Voters of Connecticut

Sat Mar 3 13:13:38 EST 2007

Just FYI.

Jean

-----Original Message-----
From: Jara Burnett [mailto:lwvct at lwvct.org] 
Sent: Friday, March 02, 2007 7:14 PM
To: demac at galaxyinternet.net
Subject: News from League of Women Voters of Connecticut

 League of Women Voters of Connecticut
<http://www.lwvct.org/_borders/lwv_logo_4c_reg_sm.gif> 

Don't Miss This Program!
League of Women Voters of Connecticut 
Education Fund  Presents....

LWVCT Education Fund, Inc.  Announces

38th Symposium on International Relations (SIR) 2007 

Sponsored by the League of Women Voters of Connecticut Education Fund, Inc.

in cooperation with the Albert Schweitzer Institute at Quinnipiac University

and the MacMillan Center for International and Area Studies at Yale
University

THE GEOPOLITICS OF OIL:

Conflict or Cooperation?

Chapter III: Building a Culture of Peace

___________________________________________________________________

Wednesday, March 14, 2007

8:00 am to 12:30 pm

The Grand Courtroom, Quinnipiac University School of Law

275 Mount Carmel Avenue, Hamden, CT

Registration, Continental Breakfast and Book Sale                   8:00 am
- 8:30 am

Program (begins promptly)
8:40 am-12:30 pm

Keynote       

Dr. Luis Ernesto Derbez, 
General Director of the Centre for Globalization, Competitiveness and
Democracy, Technological Institute of Monterrey (ITESM)

Panel            

Dr. Michael T. Klare, Professor of Peace and World Security Studies
Hampshire College
Mr. Gordon Feller, Chief Executive, Urban Age Institute

Mr. Steven Guveyan, Executive Director, Connecticut Petroleum
Council/American                                             Petroleum
Institute

Moderator

Ms. Nancy Ruther, Associate Director,MacMillan Center for International
and Area Studies, Yale University

 _________________________________________________________________

Mail registration form with check to: LWVCTEF, Inc., 1890 Dixwell Ave.,
Suite 113, Hamden CT 06514-3183

Before March 7, please enclose a self-addressed, stamped envelope to have
your tickets mailed.

For further information, contact our office.  Phone: 203-288-7996  Fax:
203-288-7998

"No shift in the way we think or act can be more critical than this:  we
must put people at the center of everything we do."                   Kofi
Annan, former Secretary-General of the United Nations

"We can choose either to walk the high road of human brotherhood or to tread
the low road of man's inhumanity to man."
The Rev. Martin Luther King, Jr., 1958

____________________________________________________________________ 

SIR 2007: The Geopolitics of Oil

____Student(s)    @   $10 = $______

____Adult(s)         @  $20 = $______

____Supporter(s) @  $50 = $______
Name(s):________________________________________

____Patron(s)      @   $75 = $______
Name(s):________________________________________

____Sponsor(s)   @ $100 = $______
Name(s):________________________________________

Please make check payable to "LWVCTEF, Inc."                   Total amount
enclosed:  $ 

Name(s): ________________________________________________________________

Mailing Address:_____________________________       E-mail: ________________

Town/City:_________________________________ Zip:__________________
Telephone:_________________________

League of Women Voters of Connecticut 

Jara Burnett, President
www.lwvct.org 

FACT SHEET ABOUT PETROLEUM

Source: Oil and Gas Journal, Nov. 2005

1. Where are the world's oil reserves located?

200 billion barrels = Saudi Arabia (discovered 1936)
126 billion barrels = Iran (discovered 1908)
114 billion barrels = Iraq (discovered 1927)

Total    441 billion barrels

The Big Three control about 40% of the world's estimated reserves of 1.26
trillion barrels, while Kuwait and the United Arab Emirates raise the total
reserves to over 50%.

Russia has the world's largest estimated reserves of Natural Gas with 1680
trillion cubic feet.  Iran is Number Two, with an estimated 940 trillion
cubic feet (16% of total World reserves). 

One barrel of Oil equals (in energy equivalents) 6000 cubic feet of gas.
SO...

#1 in combined reserves of hydrocarbons = Saudi Arabia
#2 in combined reserves of hydrocarbons = Iran

2. Who are the main hydrocarbon producers?

Saudi Arabia already produces 10 million barrels of oil per day, perhaps its
maximum sustainable rate.

Iran is producing about 4 million barrels of oil per day, but its maximum
sustainable rate may be 7 million barrels per day.

Russia is the principal exporter of natural gas (to both Europe and Asia),
while Iran, at present, is producing 3 trillion cubic feet of natural gas
per year.

3. What is the picture for world demand for hydrocarbons?
It is expected to rise by 50%, pushed by increasing demand in the United
States, India, and China.  China, with 1.3 billion people, stopped being
able to meet its domestic demand in 1998 and has been buying oil contracts
all over the world - particularly in Africa and Latin America.  The United
States, with a population of 300 million, has been importing 50% of its
supply since 1950, while India has perhaps the world's greatest hydrocarbon
deficit.  The world now consumes more oil than gas, but oil production may
peak as early as 2010.

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