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


To: J_F_Shepard who wrote (405046)8/7/2008 4:10:41 PM
From: i-node  Read Replies (1) | Respond to of 1576078
 
>> The production curves I've given you cover all the way back to the discovery of oil in the US.....since 1972, ie the last 36 years, production has steadily declined... In that period all the conditions you can think of are there, and production still declined... The peak drilling period in the US was 1980-85.

Maybe if you tell me what your point is?

Obviously, the amount of oil we extract from drilling is on the decline and will continue to do so, even at higher prices.

So, what exactly is your point with this?