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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: Tenchusatsu who wrote (404114)8/4/2008 6:27:01 AM
From: Wharf Rat  Read Replies (3) | Respond to of 1574258
 
"Repeating this falsehood doesn't make it true"

Ignorant people make ignorant statements.



The bump beginning in '78 was Prudhoe coming on line. Largest field in NA, discovered '68, producing '77, peaked '98 @ 2 M BPD; currently 750 K BPD..US peaked in '70 @ 9.6 M BPD, currently producing about 5.1MPD. (M. King Hubbert predicted in '56 that the US would peak in '70)

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Case study of 3 regions. Mexico is currently down to 2.8 M BPD; down 11 % from a year ago. That is peak oil in action.