Stories tagged with kuwait reserves
What would we have predicted for Kuwait?
Posted by Stuart Staniford on January 20, 2006 - 9:06pm
Topic: Supply/Production
Tags: hubbert peak, kuwait reserves, oil prices, opec reserves, peak oil [list all tags]
For me, the reports that Kuwaiti reserves are much less than claimed are not news because they allege the Kuwaitis have been lying about their reserves. What is news is the new reported numbers for reserves. So would Hubbert linearization have given us the right answer?
Linearization of Kuwaiti oil production. Data source: American Petroleum Institute (via Jean Laherrere) and BP Statistical Review of World Energy. Click to enlarge.
Update [2006-1-21 2:25:16 by Stuart Staniford]: More graphs and a stability analysis added to the story below the fold.
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