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Gold/Mining/Energy : Big Dog's Boom Boom Room
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To: tom pope who wrote (143126)12/30/2010 10:45:20 PM
From: kormac2 Recommendations  Read Replies (1) of 206151
 
Tom,

Do you have information which contradicts the statistic that world oil discovery peaked in 1964? plus or minus a couple of years. And that we the now using oil at the rate about 4 times faster than new oil is found.

Note the last two sizable additions to reserves during the last decade were Canadian tar sands and heavy oil in Venezuela (this past year).
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