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Excellent, vt. You've laid them open like a fish fillet.
Their putting a number on undiscovered resources is especially hilarious. "We haven't found it yet, but here's how much there is."
One thing I think we peak oil people should have is a calculation of
Undiscovered Reserves / Average Oil Discoveries over the past ten years
Ideally , the time period would be even shorter than ten years. Then we could talk about the number of years of undiscovered reserves we have, at current discovery rates. I'm not sure how one would do this - it seems like quite a bit of what we see is BOEs (barrel of oil equivalents) - not oil by itself.