@vtsnowedin
'that has to be calculated over all the different oil fields in the world'
Mr. Hill explains in his document why he chose not to try to do that impossible task. He also explains how he gets his estimates for the global oil business.
Don Stewart
Every model is ultimately wrong. The brain operates by checking its predictions against reality (in wise people) or by ignoring reality (at your peril!). So far, it appears that the predictions of the ETP model are pretty good.
by shortonoil » Wed 07 Dec 2016, 14:34:15
"According to this chart that has been posted numberous times to support the ETP viewpoint"
Here is the output for the Maximum Affordability function for WTI by year:
2016...$65.94
2017....54.18
2018....46.16
2019....26.88
You really want to rehash that again pstarr? After you got the entire conclusion from the Shapouri report wrong? After you flat out admitted you don't have a clue about ETP? After you contradicted yourself on GREET? You are a glutton for punishment.pstarr wrote:What confuses you pikers is that these life-cycle measures (impossible from the ground up . . . see above) also rely on . . . . MODELS which are also just calculations and guesses. (Ask Kub about the difference lol Ask him about shapouri lol)
I guess the irony is lost on you.pstarr wrote:I sucker you in every time.
...
You trolls...
pstarr wrote:You trolls believe that Etp hasn't been spot on for a years. Wrong on both counts
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