The Oil Drum

159 comments on Modeling Oil Depletion Using EIA Data - The Tiger Chasing its Tail?

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veganmaster on June 13, 2006 - 1:08pm

So, we're definitely past Peak Oil then, once you factor the extra 1.2% out? Westexas has convinced me that we are probably at or past peak. This 1.2% makes a big difference, doesn't it?

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AlanfromBigEasy on June 13, 2006 - 1:21pm

The South African CTL plant has stable production AFAIK, so that has no impact on the curve. And I am unsure about the growth curve of ethanol. Surely spiking in the US, but I thought Brazilian was level to downward recently ?

So, not enough CHANGE in "other liquids" to affect the curve that much. Maybe in the future.

Also tar sands are going up and they are a "non-Hubbardian" oil.