Stories tagged with ultimate assessment
How to address Contrarian Arguments - part II
Posted by Luis de Sousa on December 24, 2006 - 11:40am in The Oil Drum: Europe
Topic: Supply/Production
Tags: cera, non-conventionl oil, oil reserves, oil ultimate, reserves assessment, ultimate assessment [list all tags]
On this second installment of the Contrarian Arguments series we'll look into
the We have huge reserves rhetoric.
The first part can be found here: Part I : Fundamentals
We have huge reserves, but I have bad news for you, they've been huger:
Regular Oil Reserves, as computed from Colin Campbell's "Growing Gap" graph. Data source: Exxon-Mobil backdated to year of discovery.
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