WT:
One of my regrets is that we had almost no discussion of decline/depletion rates and the easy assumption that we make in picking numbers is not something that gives me a whole lot of confidence.

I really like the way that Khebab did the production/consumption projections for the top five net exporters. He used low, middle and high case production and consumption curves, resulting in nine estimates of when production = consumption.

It is not a pretty picture.

BTW, the number of Google listings for Net Oil Exports has increased significantly, from about 2 million or so to 19 million recently. The Paris Hilton to Net Oil Exports Google ratio is down to only about two to one. It was something like forty to one.