It's Here (Almost) | 26 comments (26 topical, 0 editorial, 0 hidden)

2 or 3 years? (4.00 / 3)

Current consumption = 85 mb/d = 31 billion barrels per year.

Make it a couple months.

In the long run, we're all dead. John Maynard Keynes

by Jerome a Paris (etg@eurotrib.com) on Wed Nov 21st, 2007 at 08:07:56 AM EST
[ Parent ]

Re: 2 or 3 years? (none / 1)

Whoops, I was off by a factor of 10.

We have met the enemy, and he is us — Pogo

by Migeru (migeru at eurotrib dot com) on Wed Nov 21st, 2007 at 08:12:44 AM EST
[ Parent ]

Re: 2 or 3 years? (none / 1)

The important thing is that it can provide 3 million barrels per day during roughly 5 years..

It will not affect price int he shrot term.. it will eep on increasing... but it would make the transition easier.. and for a longer period...

My big worry right now is global warming.. and it is called coal...

A pleasure

I therefore claim to show, not how men think in myths, but how myths operate in men's minds without their being aware of the fact. Levi-Strauss, Claude

by kcurie on Wed Nov 21st, 2007 at 09:26:50 AM EST
[ Parent ]

Nah (none / 1)

Given its size and technicla parameters, it's unlikely to product more than 1mb/d even with the optimistic reserve numbers.

In the long run, we're all dead. John Maynard Keynes

by Jerome a Paris (etg@eurotrib.com) on Wed Nov 21st, 2007 at 09:29:47 AM EST
[ Parent ]

Re: Nah (none / 0)

If it's only 1 mb per day for 15 years.. it is a big drop but not enough.. if it reaches 3 million per day then teh transition should be smoother in the 2012-2015

A pleasure

I therefore claim to show, not how men think in myths, but how myths operate in men's minds without their being aware of the fact. Levi-Strauss, Claude

by kcurie on Wed Nov 21st, 2007 at 09:32:21 AM EST
[ Parent ]

It's Here (Almost) | 26 comments (26 topical, 0 editorial, 0 hidden)

Top Diaries

Another referendum in Scotland?

Will Sinn Fein Bail Boris Out?

Between a Rock and a Hard Place

Chronicle of a Foretold Election: A Third Round?

The Teflon de Pfeffel Johnson

Merkel Defends Her Legacy and Russia Policy

Energy (and Other) Events - June 2022

Recent Diaries

Ukraine is an EU candidate

Iran Nuclear Deal and Sanctions

Fascist Jewish Settlers Murder With Impunity

Thorstein Veblen on Leisure Class Government

Confronting Dark Colonial Past In Congo

America In the Age of the Big Lie

Kaliningrad

Five-Eyes Wanted to Rid America of Trump

Another referendum in Scotland?

Will Sinn Fein Bail Boris Out?

After 9/11 Vladimir Putin Was Hot In America

Catch 22: From Georgian War to Ukraine 2022

Between a Rock and a Hard Place

Energiewende and Liberal Policymakers In EU

Merkel Defends Her Legacy and Russia Policy

The Teflon de Pfeffel Johnson

Chronicle of a Foretold Election: A Third Round?

Spain Urges NATO Role Southern Flank

Joe Biden Promoting Human Rights In Middle East

The Isolation of Joe Biden by Saudis

Occasional Series