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PeakOil is You

PeakOil is You

The battle for oil fields is a deadly game

General discussions of the systemic, societal and civilisational effects of depletion.

The battle for oil fields is a deadly game

Unread postby BabyPeanut » Mon 01 Aug 2005, 16:35:27

http://www.metrowestdailynews.com/colum ... eid=104931
$this->bbcode_second_pass_quote('', '[')b]The battle for oil fields is a deadly game
By Ron Bullock / Local Columnist
Saturday, July 30, 2005

...skip ahead...

In the 21st century the game is being transformed by realignments in the balance of power on a global scale, caused largely by the scarcity of oil. Some might even call it the endgame phase of the age of oil. This stage is marked by the near approach or actual presence of peaking reserves.

...snip...

So sorry, it's "Peaking Production Rates" not "Peaking Reserves". Reserves peaked years ago but this was hidden from sight by corporations who wanted to avoid paying taxes on their holdings so they only showed a bit at a time over time.
BabyPeanut
Intermediate Crude
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