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Gold/Mining/Energy : PEAK OIL - The New Y2K or The Beginning of the Real End? -- Ignore unavailable to you. Want to Upgrade?

To: Raymond Duray who wrote (385)	4/20/2005 1:39:04 PM
From: Mahatmabenfoo	Read Replies (1) \| Respond to of 1183

"I was referring to the Hubbert's Peak concept as it applies to natural gas in North America. That peak appears to have been reached in 2003" Sorry, my mistake. I know there are many estimates -- some say gas peak will be "5 to 10 years after oil peak". No one knows for sure. Out of curiousity, do you have a source for your estimate? Do you share the view that once it peaks, natural gas disappears much faster than oil after its peak? Gas being a vapor, unlike oil it doesn't stick to the side of wells. - Charles