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Politics : Rat's Nest - Chronicles of Collapse

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To: Wharf Rat who wrote (7962)6/28/2008 6:28:37 PM
From: patron_anejo_por_favor  Read Replies (1) of 24225
 
Decline rates matter, but what REALLY matters to the U.S. are EXPORT decline rates. Which are worse than overall decline rates. An excellent discussion of this from The Oil Drum:

europe.theoildrum.com

The authors found not only that the volume of oil available to the market will follow a dynamic of its own, declining faster than total production, but also that the number of exporting countries would diminish, compromising the diversity of supply.
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