Conference is underway

The hall is not quite full, but the organizers have capped attendance at between 420 and 450.  The first two talks by Tom Petrie and Chris Skrebowski brought that quiet hush at times that you hear when there is really bad news.  The talks were full of information, and give reason why it is a lot more informative to be here than just to look at the slides, though they will be posted to the ASPO-America site.

Tom was the more optimistic, but in part built that optimism on depletion rates worldwide of 2.5 to 5%.  As Chris noted it may be going up to 7%.  (His question to CERA was why they were not willing to accept the rates of decline that folk like TOTAL and Exxon Mobil report).

Well with only a 20-min break I must return, perhaps some of the others may wish to append more.