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Politics : Foreign Affairs Discussion Group -- Ignore unavailable to you. Want to Upgrade?

To: neolib who wrote (226805)	4/12/2007 10:17:56 AM
From: Wharf Rat	Read Replies (2) \| Respond to of 281500

I have absolutely no problem with the fact that we will run out, my problem is that I don't think one can reliably point out when the peak will/has occurred. It's one of those things you can't confirm until it's been passed. Probably by a year or two.

To: neolib who wrote (226805)	4/12/2007 10:35:05 AM
From: Wharf Rat	Read Replies (1) \| Respond to of 281500

Inside, confidential, off the record Cantarell inevitable Mexico's Cantarell oil field, the world's second largest producer, is not just beginning to dry up, is falling dramatically, totally in line with what Peak Oil addicts would predict.Just in the last year daily production fell by 20 percent. It is now producing about 1.6 million barrels per day, down from two million a year ago. The estimation by some experts is that by 2010, Cantarel would produce less than half a millon barrels per day. Petroleumworld 04 12 07 petroleumworld.com

To: neolib who wrote (226805)	4/12/2007 1:44:43 PM
From: Noel de Leon	Read Replies (1) \| Respond to of 281500

Back in 1956 Hubbert said that US peak oil would come in the 1970s(around 1972). It came in 1970. That prediction should have been sufficient for anyone to ask when is world peak oil going to occur. The prediction in Deffeyes book is 2005, as he states "I won't bet the farm on 2005. Could be 2003 or 2006." "There is nothing that could postpone the peak until 2009. Get used to it." from Hubbert's Peak, Kenneth S. Deffeyes world oil and NGL production jan 07 85.00 million barrels per day dec 06 84.97 avg 06 84.87 avg 05 84.15 worldoil.com Why do you think that Uranium is at $113 per pound? Not so long ago it was at 7. Here is some bedside reading. dieoff.org