IS "Xei" the employer/handler of OF2 or vice versa?
Not than anyone 'cares' what I and others here think, BUT, these and like-minded Fascist goons got to go if y'all want to ever return to a minimally respectable discussion forum.
Ahh I see another techno-cornucopian has been born...
Xei....if that is truly who you are..there is a lot to learn from many other sources instead of just looking at production graphs. I suggest you start by doing some research into oil production history. Follow that with some learning on current techniques used to explore for and drill oil. Next move on to reservoir management and the current state of global production in light of those areas of study. After that move on towards what the major global Energy agencies think is happening. Finally, go to The Oil Drum and start learning what some of the more corporately "disconnected" energy experts think is actually happening vice what corporate and political leadership want you to believe.
Pay particular attention in your studies to global discovery trends and field production with occasional side trips into discussions of what depletion and decline means. After about a year or two of intensive study I challenge you to come back in here and claim all is going to be fine and the future production graph of global oil has nowhere to go but up.
Xei wrote:I've just realised the interesting result of comparing those two graphs.
Most of the earlier predictions seem to have significantly underestimated how much more oil could be produced... only the top four seem viable now.
Ill give you the benefit of the doubt Xei.
When you squeeze that big graph down to the 2000-2009 time frame the plateau will become very evident.
AirlinePilot wrote: In other words estimates from 1956 dont mean squat in todays picture.
Unfortunately that is not how finite resources work.
shortonsense wrote:AirlinePilot wrote: In other words estimates from 1956 dont mean squat in todays picture.
Unfortunately that is not how finite resources work.
I am also willing to admit that Hubbert got it really, really wrong in 1956.
Xei wrote:Thanks for the graph, it's very helpful... of course extrapolating using the end of a data set is notoriously dangerous, and you can find a similar plateau up to mid '03, but it's not a good sign.
AirlinePilot wrote:shortonsense wrote:AirlinePilot wrote: In other words estimates from 1956 dont mean squat in todays picture.
Unfortunately that is not how finite resources work.
I am also willing to admit that Hubbert got it really, really wrong in 1956.
Hubbert may not have been that great at the NUMBER but his concept and the math to figure this out are clearly good tools with which to CONTINUALLY UPDATE the global production picture.
AirlinePilot wrote:Xei wrote:Thanks for the graph, it's very helpful... of course extrapolating using the end of a data set is notoriously dangerous, and you can find a similar plateau up to mid '03, but it's not a good sign.
After you have done your research as suggested, check into WHY there has been a peak during the largest crude price run up in history(2004-2008).
AirlinePilot wrote:Ask yourself how could that be?
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