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![]() "thunder" wrote in message ... On Thu, 30 Mar 2006 19:25:17 -0500, Bert Robbins wrote: Look it up for yourself, don't listen to me. Google "Hubbert Peak" and see. One man opinion. You just don't get it. The Hubbert Curve is not an opinion, it is science. US continental production did peak in 1971-72. That is a fact. Hubbert predicted it would peak between 1965-1970. He also predicted world production would peak in 2000. As it takes several years for a true peak to become apparent, it is not now known if he was accurate, but there are many that believe the peak was in 2004. Whenever the true peak occurs know that, at that time, 1/2 the world's oil supplies will be gone. Also know that the world will never run out of oil, it will run out of economically obtainable oil, and I don't mean expensive. If it takes more oil to find, transport, and process, than is recovered, the field is abandoned. http://en.wikipedia.org/wiki/Hubbert_peak Science is consensus that is often proved to have been "wrong" when arriving at the next consensus. |
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