SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Big Dog's Boom Boom Room
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Bearcatbob who wrote (176439)2/8/2013 7:55:56 PM
From: upanddown1 Recommendation  Read Replies (1) of 206117
 
.But not in one year

No, over the period 1978 - 1988. The pipeline started at 750K in 1978 and the increase in domestic production in 1978 was about 450K so net depletion of about 300K elsewhere that year. After that first year, AK increases were more than offset by decreases in the rest of the country. When AK started to decline in 1989, we lost 2 million domestic production in ten years.

Actually, annual increases in the 50's and 60's were much better than the 1978-1988 period. What makes the current increases so surprising is that they are net of depletion which is probably still quite high for the hundreds of thousands of conventional wells out there.

eia.gov
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News