tag:blogger.com,1999:blog-4549873906921876935.post849199480984224402..comments2023-12-26T19:11:34.707-04:00Comments on Net Oil Exports: Mega-Projects and Peak-Oil: A DebateUnknownnoreply@blogger.comBlogger5125tag:blogger.com,1999:blog-4549873906921876935.post-21067267710773353362008-02-22T12:57:00.000-04:002008-02-22T12:57:00.000-04:00On this blog you can use some HTML tags, such as ,...On this blog you can use some HTML tags, such as < b >, < i >, < a > I've put extra spaces between the < and b etc so you can see them. <BR/><BR/>So, to bold this <B>word</B> I enter < b > word < /b > , the HTML tags are interpreted and not printed.<BR/><BR/>Xeroid.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4549873906921876935.post-58796039539246289572008-02-22T11:44:00.000-04:002008-02-22T11:44:00.000-04:00How did you get "sustained" to be bolded?How did you get "sustained" to be bolded?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4549873906921876935.post-3274126771473545032008-02-22T09:43:00.000-04:002008-02-22T09:43:00.000-04:00I don't do precise predictions either. We will onl...I don't do precise predictions either. We will only know when peak was by looking back. But, at the moment anyway, peak was three years or so ago and peak 'light sweet' 10 years ago - hence it's current high price.<BR/><BR/>IMO some of Pitt's points are manipulation of data - actually, within the accuracy of the data there was an increase from 2002 to mid 2005, then flat which is not the steady 1.5% to 2% required for BAU. <BR/><BR/>For BAU economic growth there has to be an excess of oil waiting to be used - clearly it hasn't been there for 3 years or so now, despite megaprojects!<BR/><BR/>Peak oil is the peak <B>sustained</B> volume ie: a line joining the low points on your graphs.<BR/><BR/>Good work.<BR/><BR/>Xeroid.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4549873906921876935.post-56309831865594020552008-02-22T07:09:00.000-04:002008-02-22T07:09:00.000-04:00Man, you're fast. I actually like all three of the...Man, you're fast. I actually like all three of these guys(gals?)- (ccpo) has some catching up to do.<BR/><BR/>I won't give you my favorite. I need to maintain some credibility as "nonpartisan." I'll let you pick sides.<BR/><BR/>Remember, I don't do predictions. I see you post there. You're free to tell memmel what you think. Be careful, though. Grey Zone might bite your head off. Just kidding.<BR/><BR/>Thanks for reading.<BR/><BR/>Like I've said, I'm seriously considering giving you an editorship here.<BR/><BR/>But easy, OK, I've got a backlog of your questions I need to answer.<BR/><BR/>Cheers,<BR/>MFPAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-4549873906921876935.post-7140702872021485932008-02-22T06:56:00.000-04:002008-02-22T06:56:00.000-04:00I'm with Memmel - in th USA, for example, the decl...I'm with Memmel - in th USA, for example, the decline rates are being held around 2% by massive depletion rates from infill drilling and EOR. <BR/><BR/>The infill and EOR are a one shot short term deal. Eventually the decline rates will accelerate. <BR/><BR/>Offshore regularly use EOR techniques because the environment is so hostile and corrosive. For offshore time (and most importantly PROFIT) is of the essence, they need huge depletion rates (which inevitably leads to the huge decline rates.)<BR/><BR/>IMO the implication of all this is that the decline rate post peak will be very steep as the depletion is so severe, certainly not 2%, and is likely to accelerate for geological and increasing above ground reasons.<BR/><BR/>Xeroid.Anonymousnoreply@blogger.com