[mos6507]

When stuff like this hits CNN I'll be more impressed. Energy Bulletin is a "preaching to the converted" source.

[americandream]

$this->bbcode_second_pass_quote('Starvid', '')$this->bbcode_second_pass_quote('GoghGoner', '
')This is from late 2007, too.
$this->bbcode_second_pass_quote('', 'S')peaking at the launch of the IEA’s latest World Energy Outlook in London, Mr Birol reiterated both the Agency’s long term forecast that oil production will reach 116 million barrels per day in 2030.

[Starvid]

Jesus christ monkey balls, what's wrong with you?

Muddying up the issues? I'm explaining IEA's warped thinking so people understand not even IEA ever believed in the 115-120 mbpd numbers! Those numbers are predicted demand at a given price, not predicted real physical supply!

And indecisiveness? I've on numerous occasions stated exactly what I think need to be done, and that it should have been done yesterday!

[FreddyH]

IEA also performs a bottom-up analysis that projects a plateau of 86.5-mbd until 2015, followed by reduced peak of 100-mbd in 2030.

This 2007 Alternative Scenario is based on a 7.7% Underlying Decline Rate in mature Conventional non-opec fields. Overall, IEA calculates a 3.75% Underlying Decline rate for All Liquids.

This was IEA's most conservative Outlook since its first forecast of a Peak in 1998.

[TheDude]

Wow.

$this->bbcode_second_pass_quote('', 'B')irol: Even if the oil reserves of Saudi-Arabia should be estimated wrongly by 50 %, they could increase their production from 12 mb a day to 18 mb. But I don't think they will raise production that much in the next 25 years. So there are mainly three different problems: geology, investment and policy of the main oil producers. Those three aspects taken together make the future of oil very difficult.

[TheDude]

$this->bbcode_second_pass_quote('pstarr', '')$this->bbcode_second_pass_quote('FreddyH', 'I')EA also performs a bottom-up analysis that projects a plateau of 86.5-mbd until 2015, followed by reduced peak of 100-mbd in 2030.

This 2007 Alternative Scenario is based on a 7.7% Underlying Decline Rate in mature Conventional non-opec fields. Overall, IEA calculates a 3.75% Underlying Decline rate for All Liquids.

This was IEA's most conservative Outlook since its first forecast of a Peak in 1998.

[LastViking]

$this->bbcode_second_pass_quote('pstarr', '')$this->bbcode_second_pass_quote('FreddyH', 'I')EA also performs a bottom-up analysis that projects a plateau of 86.5-mbd until 2015, followed by reduced peak of 100-mbd in 2030.

This 2007 Alternative Scenario is based on a 7.7% Underlying Decline Rate in mature Conventional non-opec fields. Overall, IEA calculates a 3.75% Underlying Decline rate for All Liquids.

This was IEA's most conservative Outlook since its first forecast of a Peak in 1998.

[byoilhercomesthesunbuy]

Do we understand the earth so well that we know how oil is used by the earth?

When we take out all this oil how does it effect the earths crust and plates?

Can this affect earthquake or Volcanic action?

If we don't change to alternatives and we have to line up at pumps and not go to work who will run the shop?

Will the shop run?

Will we all be nice and sit around and hug each other?

Why not sit around and wait and see?

[AirlinePilot]

Interesting first post. Welcome to PO.

[byoilhercomesthesunbuy]

Thank you

-

Is coal always given to those that start.

http://www.kobashi.co.uk/pdfs/NASA_Scie ... f_Coal.pdf

Coal leaves me kind of nostalgic. I liked going down into my grandmothers cellar, grandfather was dead at that time, I was 7, and I found coal. I asked my grandmother about it and she said that's what we use to run the boiler on to heat the house. I was amazed that something that dirty would be used.

To me coal was an old fuel 44 years ago. My grandmother saw it as antiquated.