Not sure I understand your point. The EIA estimates for 2005 and 2006 are 81.45 mbpd and 81.37 mbpd repectively (the ASPO is saying 80 and 81.90 mbpd, see here). Anyway, what matters in Chris argument is future cumulative production i.e. the URR minus past consumption. The ASPO URR is probably the most conservative.

Are you talking about this?


Solid Red Line is ASPO (C+C+NGLs, I think?)
Shows a rather sharp peak, don't you think?

ASPO-(70)71 forecast -- 84.48 mbd in 2007, 90.00 mbd in 2010, 85.00 mbd in 2015? Or, is it ASPO-58? Or is it ASPO-45?

Actually, there are so many forecasts on the page you referred me to (in the figure above) that I can't even begin to get it straight. The ASPO forecast (solid red line) does stand out, however, in it's pessimism.

By the way, the numbers I quoted (for ASPO) were taken exactly from Chris's confusing ASPO chart as shown in this story -- that's not Chris's fault.

Sigh. My standard comment: Jesus wept

So will there be a near term Oil and Gas peak or not?

I'm rather convinced there will be.

If so, then ecomomics will sort out the Oil and Gas depletion scenario and we will have to focus our political efforts on coal (and maybe shale oil), which is much more abundant and extremely tempting to use.

I assume that:
ASPO-70 (CO) and EIA (Crud Oil + Cond) is the same thing
ASPO-70 (CO + NGPL) and EIA (NGPL) is the same thing
ASPO-70 does not forecast other liquids
Which means that last production data is below ASPO.

Most of the time, ColinC does not incl proc gains of 2-mbd. Once a year he does. He does not incl BTL or CTL or Syncrude or any synthetics for that matter. When he says Regular Conv, he does not incl NGL either.

There is about 4 mbd difference betw his All Liquids & that of EIA, IEA or OPEC. And sometimes just 2.