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Politics : Formerly About Advanced Micro Devices
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To: Brumar89 who wrote (603981)3/16/2011 11:30:07 PM
From: J_F_Shepard  Read Replies (1) of 1574765
 
"though there were some up years following Prudhoe Bay starting up about 1977. It doesn't tell you anything about "supplies". Reserves are a factor of price (the higher the price, the more production becomes economical), technology, and how much you explore."

The little ups and downs are noise in the curve.....can you find any general upswing that was sustained???? And during that 45 years production was cheap and it got expensive, but it never stoped drillingl....
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