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25 comments on Peak Oil Letter from Energy Minister

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westexas on May 9, 2006 - 5:24am Permalink | Subthread | Comments top
Every time that I hear the refrain that technology/more drilling will save us, I always bring up Texas and the Lower 48, especially Texas.  Based on the Hubbert Linearization technique (HL), Texas peaked in 1972 at 54% of Qt (total estimated recoverable reserves).  Nothing we have tried has reversed the decline--nothing.

A generation later, the North Sea peaked in 1999 at 52% of Qt.  Note that the top major oil companies working the North Sea--using the best data, best engineers and best technology in the world--were predicting that the North Sea would not peak until 2010 (Source:  Matt Simmons).  These are the same guys now telling us not to worry about peak production worldwide.  

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mididoctors on May 9, 2006 - 4:31pm Permalink | Subthread | Parent | Comments top
I find this investment production argument so tired and "behind the curve"of the current debate.

these arguments are at best for general consumption by the energy illiterate masses if one thinks the gov has a responsibility to control perception on the issue. hardly the sort of response one would send to a .org called powerswitch IMHO.. though consistency of "message" is required.

to me this represents a inertia in government to respond to the depth and speed the issue  and a probable total lack of understanding.

disturbing to find a wider understanding outside of whitehall

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