Khebab on November 24, 2005 - 10:27am
we will probably observe peak demand before peak supply.
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Atticman on November 25, 2005 - 9:00pm
PEAK.....SMEAK......Our climate can't take much more of this 84 mbpd!!!
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Nate Hagens on November 26, 2005 - 2:48am
Why would this be>? Does Hubbertian methodology work on human consumption habits as well as oil? I think we will see A CONSUMPTION peak but not a demand peak - demand will outstrip supply after 2008 or so - forever.
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Khebab on November 26, 2005 - 11:58am
What I meant is that demand is growing so fast that supply growth cannot keep up but it does not mean that we are peaking in term of production yet. We are probably reaching a plateau right now with little yearly supply growth.
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