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64 comments on The IHS Energy View of Peak Oil

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Luis de Sousa on December 20, 2005 - 5:27am Permalink | Subthread | Comments top
Very interesting post Dave, thanks.
I do think that this community and CERA are not that far apart. I'd like to remember some more things said in Congress (more or less like this):
"Beyond 15 years, we're all guessing here" - Well, ain't 15 years from now 2020? The year after which CERA predicts the "bumpy plateau".
But most important of all were the questions posed by congressman Alan from Maine:

"We've been talking here about production, but to us what matters is price. If it's going to be a sharp peak or a bumpy plateau, who cares?"

He then questioned Esser if the bumpy plateau would have the same impact in prices as the peak would have. He answered yes.

Congressman Alan : "So you're not telling us to sleep over it, right?"
Esser: "Right."

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Oil CEO on December 22, 2005 - 2:56am Permalink | Subthread | Parent | Comments top
I mentioned this at the time. CERA is changing it's "posture," if not it's tune. You cannot help but notice it in Esser's testimony towards the end. The jig is up.
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Oil CEO on December 22, 2005 - 2:59am Permalink | Subthread | Parent | Comments top
good apostrophes.
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64 comments on The IHS Energy View of Peak Oil

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