[Prev][Next][Index][Thread]
Re: Ecological Economics and Entropy
On Fri, 22 Nov 1996 06:45:33 -1000, Jay Hanson <jhanson@ilhawaii.net>
wrote:
> 40 years ago, geologist M. King Hubbert developed a method
>for projecting future oil production and predicted that oil
>production in the lower-48 states would peak about 1970. These
>predictions have proved to be remarkably accurate. Both total and
>peak yields have risen slightly compared to Hubbert's original
>estimate, but the timing of the peak and the general downward
>trend of production were correct.[3]
Of course they did, but because there are so many sources outside the
lower-48 that can produce oil so much more cheaply. Talk about a weak
argument.
-----------------------------------------------------------------
Brian Carnell http://www.carnell.com/
brian@carnell.com
References: