[gollum]

$this->bbcode_second_pass_quote('pstarr', 'T')he Volt will end up like GM's EV. That was a lovely state-of-the art automobile replete with all the luxuries a discriminating buyer demands in his/her driving machine, blah blah blah. The GM EV and the Volt are PR stunts designed to placate a submissive consumer class. Incremental, incidental improvements to cloud the real issue--we are running out of suburbia and the Age of the Automobile.

[Mesuge]

$this->bbcode_second_pass_quote('pstarr', ' ')These numbers are astounding. They point to a new phenomena: resources developed after the 60's do not die a lingering death. It is a catastrophic 1-2-3 punch. Massive coronary thrombosis, hyperthalmus stroke, and cerebral aneurysm, the field is dead before it's last burp.

[Newfie]

$this->bbcode_second_pass_quote('Daniel_Plainview', 'W')ho are you directing this post to? (sorry, it's not clear to me)

[Daniel_Plainview]

$this->bbcode_second_pass_quote('Newfie', '')$this->bbcode_second_pass_quote('Daniel_Plainview', 'W')ho are you directing this post to? (sorry, it's not clear to me)

[TheDude]

$this->bbcode_second_pass_quote('Cid_Yama', 'M')exico is now a net IMPORTER of oil.

[DoomersUnite]

$this->bbcode_second_pass_quote('Cid_Yama', 'T')here is no burger king to switch to. Discovery peaked in the 1960's. There are no supergiants available to replace the ones that are exhausted.

[DoomersUnite]

$this->bbcode_second_pass_quote('mos6507', '')$this->bbcode_second_pass_quote('', '
')GovMotors Volt funeral speech?

[DoomersUnite]

$this->bbcode_second_pass_quote('pstarr', 'C')antarell is the post child for peak oil doom. I have been here long enough to see smartasses like DoomersUnite come and go.

[Cid_Yama]

"Mexico Cantarell Oil Field Dead by End of 2010" was the title of the original article I posted that was written in 2009. The rate of decline since that time has decreased due to Pemex's efforts to squeeze the last drops out.

It will be the thinning of the oil layer that kills Cantarell, and that will happen within the next year.

$this->bbcode_second_pass_quote('', 'P')emex engineers said at a conference last week that the oil layer of the Akal field is shrinking by at least 4 meters (13 feet) a month as gas moves downward and water moves upward in the rock formation.

Contraction of the oil layer means many of the traditional vertical wells Pemex has used to drain Cantarell since the late 1970s are getting flooded by gas or water, which forces their closure.

[DoomersUnite]

$this->bbcode_second_pass_quote('pstarr', 'I')n what way is the Volt substantially different than the EV?

[Cid_Yama]

DoomerUnite, we cannot be responsible for your ignorance of the facts concerning the state of oil discovery over the last half century.

You apparently choose not to educate yourself in this regard, so just spout nonsense that you would rather believe.

That doesn't change the facts.

[TheDude]

Alekett had a presentation last year on the Top 18 Giant Oil Fields. His Best Case scenario for them includes such eye opening notions as Manjoon cranking out 1 mb/d. Almost all of the gains needed are from Iraq.

Oh, Cantarell was "replaced" in a sense, by tar sands, new fields, infill drilling, recession. Bet I could tally up some countries for you and explain why we're not at 74 mb/d. But it was a helluva "Negaproject." Peakists have their Exhibit B. Flat production 2004-2007 is Exhibit A.

My other favorite is that 1.5 mb/d Brazil brought online, which boosted their actual output about 350 kb/d.

[dolanbaker]

This image from the wiki oil megaprojects page clearly show the decline in new oil coming on-line.


http://en.wikipedia.org/wiki/File:NewSu ... itions.svg

[mattduke]

$this->bbcode_second_pass_quote('gollum', '')$this->bbcode_second_pass_quote('pstarr', 'T')he Volt will end up like GM's EV. That was a lovely state-of-the art automobile replete with all the luxuries a discriminating buyer demands in his/her driving machine, blah blah blah. The GM EV and the Volt are PR stunts designed to placate a submissive consumer class. Incremental, incidental improvements to cloud the real issue--we are running out of suburbia and the Age of the Automobile.