Energy and Environment I NAME:

Quiz #3

15 minutes

25 points

Closed books and notes

  1. Discuss the RESOURCES and RESERVES of a fossil-fuel in terms of a McKelvey diagram.

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    OVER

  2. Plot a logistic curve for the rate of consumption of oil.

State the essential theoretical concept underlying a logistic curve.

Will the curve need to be modified if the economics of recovery of oil significantly change?