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

To: Brumar89 who wrote (1007080)	3/21/2017 10:16:24 AM
From: Brumar89	Respond to of 1575364

Peak Oil Peaked? In 1970, oil production in the US peaked at 9,637 thousand barrels per day (BPD), giving rise to government energy models predicting the world would run out near the end of the 20th century, and the US would run out of natural gas about the same time. In 2007 oil production bottomed at 5,077 thousand BPD. Thanks to the advances in precision drilling and in hydraulic fracturing, the US Energy Information Agency is projecting that in 2018 US oil production will exceed that of 1970, at an estimated 9,700 thousand (BPD). These projections do not include the major finds in Alaska and possible major development in the Gulf of Mexico. See links under Oil and Natural Gas – the Future or the Past? wattsupwiththat