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

To: TimF who wrote (10049)	6/26/2009 9:11:51 PM
From: steve harris	Read Replies (1) \| Respond to of 86356

Obama won today in the House. Shut down the coal plants and since he'll not allow any nuke plants to be built, his campaign rhetoric is becoming the reality. Destroying America, one dollar at a time.

To: TimF who wrote (10049)	6/27/2009 12:36:39 AM
From: RetiredNow	Read Replies (1) \| Respond to of 86356

What was more significant about Hubbert's findings wasn't the exact numbers he predicted, but rather the shape of the curve. It's a bell curve. The rest boils down to the accuracy of the date he had to work with. Everyone knows the true oil reserves out there are tough to guess at. As long as we have a Middle East and Russia who fake everything they publish, it's really hard to get at good empirical data to use to make peak oil predictions with. So the actual predictions may be off by a few years or a few barrels, but the shape of the curve is what is important, not the fact that there is a built in margin of error.