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Countdown to 100$ oil (2) - the views of the elites on peak oil | 30 comments (30 topical, 0 editorial, 0 hidden)
Re: there's plenty of oil! (none / 0)
1 billion barrels is better than nothing, but it is still less than 1/10th of Prudhoe Bay.  As a rough guess, this field might have a maximum production rate of 100,000 - 200,000 barrels per day.  For comparison, total US production is about 5.4 million barrels per day.
by corncam on Mon Jun 27th, 2005 at 04:18:02 AM EST
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Countdown to 100$ oil (2) - the views of the elites on peak oil | 30 comments (30 topical, 0 editorial, 0 hidden)
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