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Gold/Mining/Energy : PEAK OIL - The New Y2K or The Beginning of the Real End?

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From: kryptonic6	4/12/2005 1:46:09 PM
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Heading For Peak: Skrebowski's Oilfield Megaprojects Update 11 April 2005 Transcript (link): globalpublicmedia.com In Brief: For Global Public Media, Chris Skrebowski, author of the important Oilfields Megaprojects Report for the UK Petroleum Review, explains to Julian Darley why 2005 will be a critical year for global oil. Since its first appearance more than a year ago, UK Petroleum Review Editor Chris Skrebowski's Oilfield Megaprojects Report has come to be regarded as a new and vital milepost on the way to Peak Oil. For Global Public Media, Julian Darley asks Chris to explain the complexities of global depletion and new supply, and why he thinks that this year may well be the year of Peak Oil. ------------------------------------------ Excerpt: JD: In the light of much evidence, and in the light of your report, do you think that Ken Deffeyes’ suggestion of Thanksgiving 2005 being the time of peak, is too bold in your opinion? CS: No, that is entirely possible. We're now into, you know, a sort of unknown land. We haven't been in this situation before. I don't think we know quite how to analyse it. We're taking traditional, fairly conventional analysis. And we're saying let's see what happens when we do this. And I suppose the rough answer we get is that from this year on it looks difficult to get it to add up comfortably. It certainly looks as though after about 2008 it really doesn't add up. globalpublicmedia.com

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