by Pops » Thu 17 Sep 2015, 08:31:28
Horse!
Long time no tap... how are things?
Looks like a pretty good guess. Gotta wonder what he thinks now, pretty sure he didn't expect all the money to be thrown at fracking, or maybe he did.
Campbell and Laherrere guessed sometime before 2010 for conventional (
in the '98 SciAm article, my intro to PO, read on an airliner)
Using several different techniques to estimate the current reserves of conventional oil and the amount still left to be discovered, we conclude that the decline will begin before 2010.
That was pretty close too, missed it by a couple percent increase from Russia and Iraq more or less...
The legitimate object of government, is to do for a community of people, whatever they need to have done, but can not do, at all, or can not, so well do, for themselves -- in their separate, and individual capacities.
-- Abraham Lincoln, Fragment on Government (July 1, 1854)