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151 comments on DrumBeat: September 10, 2008

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westexas on September 10, 2008 - 10:16am Permalink | Subthread | Comments top

OPEC has also announced that Indonesia has officially withdrawn from OPEC and joined OFPEC--Organization of Former Petroleum Exporting Countries. Do ya think?

Indonesian Net Oil Exports (EIA):

Our (Khebab/Brown) middle case has: Saudi Arabia joining OFPEC in 2031, Russia and Norway in 2025, Iran in 2029 and the UAE in 2037.

http://graphoilogy.blogspot.com/2008/01/quantitative-assessment-of-futur...

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BC_EE on September 11, 2008 - 12:30am Permalink | Subthread | Parent | Comments top

So WT, do we refer to the country of Indonesia as some obscure quasi Egyptian symbol? OK, seriously, this is final substantive proof to the ELM. Anyone reading TOD would see this as self evident.

As I've said before while I subtly chide you (only because you have an equitable wit), the ELM will probably be one of the most important resource/economic models developed in our era. The only thing keeping it from a Nobel will be it's intrinsic simplicity. Yet, E=MC^2 wasn't so tough either once you saw it...

Yet, you may live the curse of current genius. That curse is to be completely dismissed and marginalized until your name is an engraving on granite and then eventually the world wakes to the "Aha!" moment.

Take comfort in that you are not the first, nor the last.

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BC_EE on September 11, 2008 - 12:39am Permalink | Subthread | Parent | Comments top

And may I be so uncouth as to reply to my own reply!!

Didn't y'all read what Jeffrey posted, or were y'all too busy e'vacu-ate-ing. (Easy Bc_EE, you spent too much time it the Sawth).

At the risk of vulgarity, let me repeat, Indonesia has withdrawn from OPEC. If you are a fan or follower of technological and economic history, you are living the moment!

If I were allowed back in the U.S., I do believe I would be making a special trip to a certain part of Texas to shake the man's hand.

(Since you asked. Some take pride in getting kicked out of a bar, I got kicked out of a country. Damn! I'm good!)

Good on ya Jeff!

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151 comments on DrumBeat: September 10, 2008

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