The Oil Drum | Peak Oil Update - November 2006: Production Forecasts and EIA Oil Production Numbers

145 comments on Peak Oil Update - November 2006: Production Forecasts and EIA Oil Production Numbers

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PaulusP on November 20, 2006 - 11:35am

Figure 4.

I see a green curve, seems like Koppelaar CO + NGL ,2006, going out of the graph, never coming back in. Is this correct? Stranger even more so that Koppelaars' ALL, 2005, is less then CO + NGL, 2006.

I also note similar declines on the backslope of the curve for all (except this strange green curve going out of the graph) scenarios; all curves show the same steepness. I didn't know there was such a consensus on decline rate.

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Sam Foucher on November 20, 2006 - 1:18pm

My understanding is that the last Koppelaar's estimate is preliminary and not complete. He`s presently working on a new report.

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145 comments on Peak Oil Update - November 2006: Production Forecasts and EIA Oil Production Numbers

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“This order [i.e. capitalism] is now bound to the technical and economic conditions of machine production which today determine the lives of all the individuals who are born into this mechanism, not only those directly concerned with the economic acquisition, with irresistible force. Perhaps it will so determine them until the last ton of fossilized coal is burnt.”

—Max Weber, 1905