by Rasputin » Thu 17 Jul 2008, 15:28:04
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13-16 trillion in reserves, only 1.1 trillion pumped so far! Good times ahead, crank up that Hummer.
13-16 trillion that we know of. There is likely much more under there.
The problem is getting 87 million barrels/day to the refineries.
China and India ate up whatever spare capacity there was and now we are peddling as fast as we can just to stand still. Actually I think we are sliding a bit on the supply side now.
I don't worry too much about PO. I wonder sometimes if I actually want to survive the coming famines and droughts or if it would be better to leave it all behind.