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Gold/Mining/Energy : Big Dog's Boom Boom Room

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To: King of Hearts who wrote (6762)	2/17/2002 8:33:48 PM
From: Raymond Duray	Read Replies (1) of 206326

Hubbert's Peak, Chapter 1 Hi Fred, pup.princeton.edu ....................................................... IMHO, the new finds in the CIS aren't going to make much difference in the eventual date of the world production peak. We haven't seen a big field come in in the last two decades, at least. So, 2006-2008 still looks like the peak to me. Though I have to admit I've been too pessimistic in the past on the potential for discovery. But that was in 1973. <gg> See: simmonsco-intl.com The article that caught my eye was "The World's Giant Oil Fields". We aren't finding giants any longer, except if you use the sleight-of-hand that Simmons does to call smaller discoveries giants. simmonsco-intl.com

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