59 comments on Predicting US Production with Gaussians
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59 comments on Predicting US Production with Gaussians
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A simple Hubbert curve may be ideally applied only in the following cases:
3) Where a single geological domain having a natural distribution of fields is considered, political boundaries should be avoided.
OK, now in Laherrere's paper, he has examples from the FSU (former Soviet Union). And then, there is this later paper from Petroleum Review Is FSU oil growth sustainable? (pdf). He includes this linearization
But the FSU comprises several different oil provinces--West Siberia, Caspian Sea Basin, East Siberia, Arctic discussed by Colin Campbell in The Status of Oil and Gas Depletion in Russia (Dec 2004). Here's a map I found just give people a visualization.
Click to enlarge
Below, westexas argues that Alaska should not be thrown in with the Lower 48--"Alaska might as well be in the Middle East". We wouldn't take Mexico, lump that together with Angola, and do a Hubbert style analysis, logistic or Gaussian, of both together.
When modeling just the lower-48 (like Laherrere does) Hubbert's curve fits better than the Gaussian. These curves are somewhat different from one another, especially for the late inflexion first inflexion in Hubbert's.
Although quite not sure (haven't got there yet), Central Limit Theorem applies also to the logistic case.
As for your doubts on why these models fit so well, I'd like to look again to the population issue. Remember the logistic spreading of the sasser virus? I guess you know that's the way living things grow over time. Now, you should know that since the early eighties that world oil production per capita is flat.