Sunday, July 18, 2010

The sun sets over an oil platform in Louisiana

The sun sets over an oil platform waiting to be towed out into the Gulf of Mexico at Port Fourchon in Louisiana, on May 4, 2010. The world will remain heavily reliant on fossil fuels for the next 40 years, Shell's chief executive said, as a massive US oil spill cast a cloud over the industry. Despite the upsurge in alternative sources, fossil fuels, including oil, natural gas and coal, will remain the dominant source for meeting increasing world energy demand until at least 2050, said chief executive Peter Voser.'Energy demand will double between now and 2050. We have currently roughly 80 percent of fossil resources delivering the energy demand today. We still see this at around 60 percent by 2050,' said the chief executive of the Anglo-Dutch energy giant. His comments come as rival BP is under intense pressure over an oil spill from a platform in the Gulf of Mexico, which has given US authorities pause for thought over future drilling plans.
The sun sets over an oil platform waiting to be towed out into the Gulf of Mexico at Port Fourchon
The sun sets behind two under construction offshore oil platform rigs in Port Fourchon, Louisiana, June 14, 2010, as cleanup continues on the BP Deepwater Horizon oil spill.
The sun sets behind two under construction offshore oil platform rigs in Port Fourchon, Louisiana
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