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223 comments on Hubbert Linearization Analysis of the Top Three Net Oil Exporters

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zach on January 28, 2006 - 3:50pm Permalink | Subthread | Parent | Comments top
Thank you mcgowanjm for bringing this up. I've been trying for three days, but maybe some numbers will get people involved.

We've used 1000 Gb. If we have past 50% some time ago, that means we could be well into the 60s.

1000 /.60 = 1,666.67

1000 /.65 = 1,538.46

1000 /.70 = 1,428.57143

Overall, if we have used 60% of URR, the average decline rate will be much higher than if we were at 50%.

Which is why I asked if most countries use techonology that has delayed their peak...

Also, how much will the countries that are ramping up production offset the decline rate?

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zach on January 28, 2006 - 4:06pm Permalink | Subthread | Parent | Comments top
I should have said, "will get more people involved"
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223 comments on Hubbert Linearization Analysis of the Top Three Net Oil Exporters

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