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204 comments on DrumBeat: November 13, 2006

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Hurin on November 13, 2006 - 9:50am Permalink | Subthread | Parent | Comments top
I wouldn't get my hopes up. The term 'Dead Dinosaurs' is usually used by abiotic oil loons to describe the idea that oil has a biotic origen.
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Leanan on November 13, 2006 - 10:07am Permalink | Subthread | Parent | Comments top
The WSJ has actually been pretty good about its peak oil reporting.  
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Kyle on November 13, 2006 - 10:49am Permalink | Subthread | Parent | Comments top
I've read it - it's just a piece on how the majors are dead money right now, and how the hot funds are all going to the small oil service companies. On the other hand, there is a column on the front page of the Money and Investing section describing peak oil. Other than getting US oil production wrong in their figure (did you know the US produced 20 billion barrels last year, down from 40 billion in the 1970's!!!), the column was fairly balanced - Deffeyes versus the new Jack play in the Gulf of Mexico.
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Darwinian on November 13, 2006 - 11:11am Permalink | Subthread | Parent | Comments top
Other than getting US oil production wrong in their figure (did you know the US produced 20 billion barrels last year, down from 40 billion in the 1970's!!!),

Yes that is hilarious. Doing quick check, the us produced last year, crude + condensate, 1.89 billion barrels of oil. In our peak year, 1970, we produced 3.52 billion barrels of crude + condensate. That was 5.178 mb/d and 9.637 mb/d respectfully.

Ron Patterson

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204 comments on DrumBeat: November 13, 2006

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