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Pastimes : The California Energy Crisis - Information & Forum
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To: Bearcatbob who wrote (933)8/23/2001 10:09:28 PM
From: Zeuspaul  Read Replies (1) of 1715
 
20 years for optimists according to the IEA

iea.org
A higher view of oil reserves would assume an ultimate stock of recoverable conventional oil of 3 trillion barrels, compared with the lower assumption of 2.3 trillion barrels (see Table 1). This view postpones the production peak of conventional oil and the associated rise in world oil price to 2020.

Do you have any basis for your estimates or are your estimates based on your gut feelings and your ouigi board?

Zeuspaul
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