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woodpecker
Posts: 851 Joined: 06 Jan 2009, 01:20
Location: London
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by woodpecker » 12 Nov 2010, 23:57
I think it's part of a game known as Fantasy Oil
biffvernon
Posts: 18538 Joined: 24 Nov 2005, 11:09
Location: Lincolnshire
Contact:
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by biffvernon » 13 Nov 2010, 08:19
Of course the line should go along a bit and then slope down. Sloping upwards to the end og=f the graph is peak oil denial.
2 As and a B
Posts: 2590 Joined: 28 Nov 2008, 19:06
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by 2 As and a B » 13 Nov 2010, 09:33
clv101 wrote: Can anyone spot the patten in their projections?
See the 2020 projection from 2007 to 2010, if it keeps falling at 4 mbpd per year, by 2020 the 'projection' will be around 56 mbpd (this is a joke!).
I take it from this that the 2010 line has an accurate figure for 2005 and a fairly accurate guess for 2010?
syberberg
Posts: 1089 Joined: 24 Nov 2005, 11:09
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by syberberg » 13 Nov 2010, 15:24
What I don't understand is why "as yet undiscovered" oil is included in the forecasts, as that really is the realm of fantasy.
RenewableCandy
Posts: 12780 Joined: 12 Sep 2007, 12:13
Location: York
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by RenewableCandy » 13 Nov 2010, 16:00
I have an as yet undiscovered fortune in a field in (tries to think of a county she's never been to...) Co Tyrone!
PaulS
Posts: 602 Joined: 24 Nov 2005, 11:09
Location: Cottage Farm,Cornwall
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by PaulS » 16 Nov 2010, 23:27
The really revealing part of the excellent graph is the part 2005 to 2010.
The latest line is almost flat.
Of course it should be completely flat, maybe even going down a bit - but that will come next year.
Adam Polczyk
Posts: 109 Joined: 27 Dec 2008, 13:48
Location: Cambridgeshire, England.
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by Adam Polczyk » 25 Nov 2010, 12:55
Some analysis by Chris Martenson on the IEA's WEO 2010.
"The uncertainty of our times is no reason to be certain about hopelessness" - Vandana Shiva