Nonrenewable Resource

Filed Under » ,
Dictionary Says

Definition of 'Nonrenewable Resource'

A resource of economic value that cannot be readily replaced by natural means on a level equal to its consumption. Most fossil fuels, such as oil, natural gas and coal are considered nonrenewable resources in that their use is not sustainable because their formation takes billions of years. 

Investopedia Says

Investopedia explains 'Nonrenewable Resource'

Nonrenewable resource fuels are still the primary source of all the power generated in the world due to their affordability and high energy content.  

Besides the environmental impact of burning fossil fuels, the economic impact of nonrenewable resources can also be very damaging. As nonrenewable resources become more scarce, the cost to obtain them will continue to rise. Eventually, the price will hit a point that end users cannot afford, forcing a move toward alternative energy sources.
Search results for

'Nonrenewable Resource'

  • Oil As An Asset: Hotelling's Theory On Price

    http://www.investopedia.com/articles/financial-theory/08/hotelling-theory-price-oil.asp
    ... (For background reading on the "non" part of this nonrenewable resource, see Peak
    Oil: Problems And Possibilities.) The Theory Despite the large implications ...
  • Peak Oil: Problems And Possibilities

    http://www.investopedia.com/articles/economics/08/peak-oil-reality.asp
    ... Options. Oil. It's a nonrenewable resource, but only in the last decade
    or so has the "non" part really begun to hit home. As oil ...
  • Still Waiting For The Floyd Shale

    http://stocks.investopedia.com/stock-analysis/2009/Still-Waiting-For-The-Floyd-Shale-DNR-MUR-RRC-COG-CRZO0603.aspx
    ... Since there has not been a lot of industry development activity in the Floyd Shale,
    it is difficult to assess the nonrenewable resource potential. ...
  • Is Biofuel A Bad Idea? - Investopedia.com

    http://financialedge.investopedia.com/financial-edge/0609/Is-Biofuel-A-Bad-Idea.aspx
    ... the boat out of commission.(Read Peak Oil: Problems And Possibilities to learn a
    little more about the "non" part of this nonrenewable resource.) In newer boats ...
  • Exxon Mobil Rejuvenates Mature Oil Field

    http://stocks.investopedia.com/stock-analysis/2010/Exxon-Mobil-Rejuvenates-Mature-Oil-Field-XOM0125.aspx
    ... down to small cap companies. (Learn a little more about the "non" part
    of this nonrenewable resource. Read Peak Oil: Problems And ...
  • 4 Benefits Of Rising Oil Prices - Investopedia.com

    http://financialedge.investopedia.com/financial-edge/0311/4-Benefits-Of-Rising-Oil-Prices.aspx
    ... (Learn a little more about the "non" part of this nonrenewable resource. Check out
    Peak Oil: Problems And Possibilities.). TUTORIAL: Exchange-Traded Funds. ...
  • Natural Gas Vehicle Are The Answer To Our Energy Woes

    http://stocks.investopedia.com/stock-analysis/2009/Natural-Gas-Vehicle-Are-The-Answer-To-Our-Energy-Woes-TM-HMA-GM-F0903.aspx
    ... (Learn a little more about the "non" part of this nonrenewable resource, read Peak
    Oil: Problems And Possibilities.) Getting more CNG vehicles sold in the US ...
  • Optimism Gushes From Oil Services Industry

    http://stocks.investopedia.com/stock-analysis/2008/Optimism_Gushes_From_Oil_Services_Industry_BHI_HAL.aspx
    ... (To learn more about this nonrenewable resource, check out Peak Oil: Problems And
    Possibilities.) Lesar said Halliburton said would benefit from its ...
  • GMX Resources Gets Pounded In 2010

    http://stocks.investopedia.com/stock-analysis/2010/GMX-Resources-Gets-Pounded-In-2010-GMXR1223.aspx
    ... next few years. (Learn a little more about the "non" part of this nonrenewable
    resource. See Peak Oil: Problems And Possibilities.). ...
  • Foreign Investors Tap Into US Shale Gas Play

    http://stocks.investopedia.com/stock-analysis/2010/Foreign-Investors-Tap-Into-U.S.-Shale-Gas-Play-CEO-CHK-STO-TLM-EOG-PXD-SM1015.aspx
    ... object to. (Learn a little more about the "non" part of this nonrenewable
    resource. Refer to Peak Oil: Problems And Possibilities.). ...

Related Articles

Partner Links