Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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.

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

To: Wharf Rat who wrote (404115)	8/4/2008 7:34:12 AM
From: Brumar89	Read Replies (1) \| Respond to of 1574260

That chart also shows the OCS leasing ban and the decline in production began simultaneously. Oh, we'd be in decline anyway probably, though the chart to the right of 1970 would be higher, with more bumps like the Prudhoe one. As for Mexico, the decline there is due to lack of exploration by the socialized PEMEX, not a natural peak.

To: Wharf Rat who wrote (404115)	8/4/2008 12:03:18 PM
From: Tenchusatsu	Read Replies (5) \| Respond to of 1574260

WR, regulations and legislation cause "peak oil" conditions to become self-fulfilling prophecies. Of course U.S. production peaked in the 70's; we now import more oil than before, and that's thanks to bans on drilling. Don't tell me the oil industry should drill in lands they already have, unless you can tell them exactly where to drill and not be laughed out of the executive offices of the oil barrons. Tenchusatsu