Oxygen transport in the lungs from the alveoli to the hemoglobin is affected by a number of resistances: the pulmonary membrane, plasma, the red blood cell membrane, and the paracrystalline material inside the red blood cell (Figure 1). The pulmonary membrane which separates the alveolar gases from the blood stream consists of three parts: a thin alveolar membrane, interstitial fluid, and the capillary wall (44). The thickness of the total membrane is a few microns, and is, essentially, an aqueous medium. Plasma is an aqueous solution containing dissolved proteins, inorganic salts, and solutes of diverse organic compounds other than protein (54). The red blood cell consists of a biological semipermeable membrane surrounding a concentrated hemoglobin solution.