[rogerhb]

And while we are at the units debate, how many litres in a barrel? Gallons vary between the UK and the US.

[aflurry]

$this->bbcode_second_pass_quote('FairMaiden', 'I') honestly don't think you need to understand the oil industries volume and counting systems to understand Peak Oil...its a fairly simple concept: oil is finite and we are running out...you only get into this debate when you start to ask the question "when"...

[BabyPeanut]

$this->bbcode_second_pass_quote('', '[')url=http://www.fcnp.com/532/peakoil.htm]When Will Peak Oil Arrive? (link)[/url]
By Tom Whipple

...skip...

In a recent article on the energypulse.net web site, Ronald Cook lists some 18 assumptions that have to go right in the next five years in order for an increasing supply of oil to come out of the ground:

* Stability or prolonged civil war in Iraq ?
* Terrorists do or don't cause prolonged disruptions by blowing up infrastructure or governments up?
* OPEC really has the reserves they claim so that one or more major suppliers don't go into sudden depletion?
* Schedules are kept so that many multi-billion dollar projects come into production when they are supposed to. (Five years without disruptive hurricanes)?
* The price of oil stays at a level where people can afford it?