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Politics : Politics of Energy -- Ignore unavailable to you. Want to Upgrade?

To: J_F_Shepard who wrote (1787)	8/19/2008 7:55:18 AM
From: Brumar89	Read Replies (2) \| Respond to of 86355

re:"1950 reserves....production since 1950 far exceeds the reserve number from 1950?" If that didn't happen it would mean no additional drilling was done after 1950...I think you must grasp that. Just checking to see you did. But continued drilling year after year did not increase reserves after 1960 Wrong. You only prove reserves by drilling. which indicates Texas reserves are being depleted. No Texas oil man would disagree..... Which means they're being depleted faster than they're being replaced. "Now do you believe the reserve number in 2006 is the total amount of oil left?" Yes I absolutely do Wrong again. Nobody's arguing with you that production has peaked ... just the false conclusions you draw from that. Particularly that drilling isn't worthwhile anymore.