ext_48536 ([identity profile] peristaltor.livejournal.com) wrote in [community profile] talkpolitics 2013-07-09 01:13 am (UTC)

. . . over the projections of people uninvolved. . . .

The people I cite are involved. They are professional petroleum geologists directly involved in oil exploration and natural gas consulting. Again, I am personally transcribing interviews with these professionals (though more today and the rest of the week getting ready for camping, so expect a delay). If you'd like, I'll give you the links and you can listen for yourself.

Those numbers were based on what was known and recoverable before 2005.

No. Those numbers are based on what was actually recovered at the time. Nobody expected the peak; three years after the realization that it maybe had happened, there was a frenzy of drilling which boosted production beyond the May, 2005 rate . . . for exactly one month. That production number has not been topped since.

That's the thing about peak. It deals not with what is "known and recoverable", but rather only with what is recovered. What is "known and recoverable" is all conjecture until something is pulled out of the ground and measured . . . just as M. King Hubbert said in 1956.

I've read his papers. I know this.

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