[Gasification] Proven oil reserves are not a measure of future supply of world petroleum. It is a well known fallacy in the petroleum industry to treat them in this way, and it has had serious political consequences.

Kenn Johnsen kennj at webspeed.dk
Tue Mar 4 14:51:50 CST 2008


Those oil people might not be the right one to ask, as a fact they are  
the one there is plugging up the oil field. Speaking about prediction,  
I read about an eskimo woman, who predict the future. And she  
predicted that Israel would find oil to 500 years of world  
needs........as a matter of fact Israel is drilling for this oil pool,  
they say it is in the bible. Hell this prediction is just as good as  
yours, running out of oil in 2020.



Den 04/03/2008 kl. 21.13 skrev MMBTUPR at aol.com:

>          from          Lewis L Smith
>
> Thanks for the suggestion. But my suggestion to Ken still stands !
>
> The irony of this discussion is that even those chronic optimists at
> Exxon/Mobil say that a production peak is coming. They don't deny  
> it. They don't call
> it "rubbish". They just want to postpone it as far as they can !
>
> Why are some of our participants so far "behind the eight ball" ?
>
> Cordially. ###
>
>
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