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We cannot drill our way out of this oil crisis. Since 2000, oil companies working in the U.S. have doubled the number of wells drilled per year.

Although increased drilling has added new oil to the nation's supply, it has not done so fast enough to offset the terminal decline of existing fields.

We are going to have to import more of our oil. Period.

MonteQuest

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Peak Oil News: Forums

Peakoil.com :: View Forum - Depletion Economics
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Depletion Economics
Moderator: Tyler_JC

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No new posts Announcement: Economic forum posting guidelines
8 MonteQuest 3858 Thu Jul 27, 2006 7:43 am
MonteQuest View latest post
No new posts DJIA still below its peak from seven years ago
7 Ayoob_Reloaded 1635 Mon Jun 06, 2005 10:12 am
RiverRat View latest post
No new posts Impact of PO on family life
9 Rickenbacker 1728 Sun Jun 05, 2005 9:47 pm
jdmartin View latest post
No new posts It Looks as though IT HAS BEGUN!
12 RonMN 2778 Sun Jun 05, 2005 4:07 pm
Waterthrush View latest post
No new posts Weekly World News
13 Leanan 2023 Sat Jun 04, 2005 5:35 pm
Leanan View latest post
No new posts Could the Euro dropping be bad for America?
8 crude_intentions 1858 Fri Jun 03, 2005 6:44 pm
jaws View latest post
No new posts Demographics (Baby Boomers)
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16 RonMN 2813 Fri Jun 03, 2005 12:37 pm
Kez View latest post
No new posts Some advise needed!
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17 Enquest 3130 Wed Jun 01, 2005 11:38 am
nero View latest post
No new posts How did nations organize production in war?
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15 Whitecrab 2503 Wed Jun 01, 2005 5:19 am
ehv_nl View latest post
No new posts Macroeconomic Effects of an Oil Price Shock on the World
2 lorenzo 1018 Mon May 30, 2005 11:51 pm
Taskforce_Unity View latest post
No new posts US Roads Crumbeling
[ Goto pageGoto page: 1, 2 ]
20 RonMN 2829 Mon May 30, 2005 12:25 pm
Tanada View latest post
No new posts Economic Sabotage?
9 FoxV 1628 Sun May 29, 2005 6:04 pm
ubercrap View latest post
No new posts The new Airbus
[ Goto pageGoto page: 1, 2, 3 ]
31 albente 5792 Sun May 29, 2005 5:42 am
Wildwell View latest post
No new posts U.S. GDP now consists of 5.8% McMansion building
14 jaws 2071 Sun May 29, 2005 5:24 am
smiley View latest post
No new posts Shipping Rates for Coal, Iron Ore Hit 10-Month Low
1 airstrip1 789 Sun May 29, 2005 3:42 am
The_Virginian View latest post
No new posts one quadrillion dollars
6 smiley 1292 Fri May 27, 2005 3:48 pm
Chrissib View latest post
No new posts US Gov Stats on GDP/inflation/growth
5 EddieB 1053 Fri May 27, 2005 2:47 pm
DantesPeak View latest post
No new posts Tipping points
12 smiley 1975 Thu May 26, 2005 9:44 pm
MicroHydro View latest post
No new posts bearish on oil in the short term
10 fossil_fuel 1727 Wed May 25, 2005 3:08 pm
threadbear View latest post
No new posts Investing: Gold or Oil?
7 Chichis 1681 Tue May 24, 2005 10:20 am
jimmydean View latest post
No new posts Falling Dollar vs Rising Oil Prices
5 chuck6877 1348 Mon May 23, 2005 11:03 am
heyhoser View latest post
No new posts Buying agriculture commodities...
1 frankthetank 791 Mon May 23, 2005 9:52 am
Tosto View latest post
No new posts Precious Metal or Energy Mutual Funds to protect from PO
4 chuck6877 1452 Sun May 22, 2005 8:15 pm
NEOPO View latest post
No new posts Should we buy oil stocks?
10 Bas 1708 Sun May 22, 2005 5:39 am
Bas View latest post
No new posts Foreigners more reluctant to buy our debt
10 Leanan 1800 Sun May 22, 2005 5:23 am
Leanan View latest post
No new posts [ Poll ] In five years, the Dow Jones will......
13 Cyrus 1928 Thu May 19, 2005 12:51 am
pea-jay View latest post
No new posts China has 6 months or else
[ Goto pageGoto page: 1, 2 ]
22 frankthetank 3740 Wed May 18, 2005 5:33 pm
spot5050 View latest post
No new posts UK Interest rates
0 spot5050 833 Wed May 18, 2005 5:05 pm
spot5050 View latest post
No new posts Which sector of economy will be hit first ??
[ Goto pageGoto page: 1, 2, 3 ]
38 Repent 7479 Wed May 18, 2005 10:59 am
RdSnt View latest post
No new posts Pinched at the pump
9 Leanan 2046 Wed May 18, 2005 6:56 am
Roy View latest post
No new posts Peak Oil 'Market Indicators' will not come in time
5 oil45 1520 Wed May 18, 2005 5:29 am
bobbyald View latest post
No new posts DECLINES FASTER THAN EXPECTED
[ Goto pageGoto page: 1, 2 ]
23 BigBear 4539 Wed May 18, 2005 3:59 am
BigBear View latest post
No new posts How high can inflation get?
14 Ayoob 2269 Tue May 17, 2005 11:41 am
threadbear View latest post
No new posts Heavy tax on fuel for private vehicle use?
[ Goto pageGoto page: 1, 2, 3 ]
30 bobeau 4989 Sun May 15, 2005 4:41 pm
jmacdaddio View latest post
No new posts How come oil price is stabilising?
5 Rickenbacker 1605 Sun May 15, 2005 1:07 pm
jaws View latest post
No new posts retirement accounts
6 Armageddon 1498 Thu May 12, 2005 9:58 pm
duke3522 View latest post
No new posts Big Business must hate the US dollar
3 highlander 967 Thu May 12, 2005 4:44 pm
highlander View latest post
No new posts college majors for the future
[ Goto pageGoto page: 1, 2 ]
16 fossil_fuel 2766 Thu May 12, 2005 2:06 pm
nth View latest post
No new posts RUSSIA – THE ENERGY BULLDOZER
6 directinfo 1561 Thu May 12, 2005 10:14 am
nth View latest post
No new posts When demand outstrips supply.
8 stu 1557 Thu May 12, 2005 9:58 am
nth View latest post
No new posts What will be the effects of a revaluation of the Yuan on oil
4 lorenzo 1264 Wed May 11, 2005 11:33 pm
jaakkeli View latest post
No new posts IndexCalls & Another Asian melt-down?
[ Goto pageGoto page: 1, 2 ]
15 threadbear 3324 Wed May 11, 2005 3:47 pm
jaws View latest post
No new posts What you can do as individual to boost the GDP
8 Malthus 1338 Wed May 11, 2005 11:05 am
nth View latest post
No new posts Who benefits from growth?
[ Goto pageGoto page: 1, 2 ]
15 Wildwell 3396 Wed May 11, 2005 5:15 am
linlithgowoil View latest post
No new posts What's the deal with growth and our economy?
[ Goto pageGoto page: 1, 2 ]
15 MoogSM 3500 Tue May 10, 2005 10:54 am
Dezakin View latest post
No new posts Oil and Fiat money... ramblings...
3 merecat 1300 Tue May 10, 2005 6:02 am
bobbyald View latest post
No new posts [ Poll ] U.S. Economy Post Peak - What will happen?
[ Goto pageGoto page: 1, 2 ]
27 arretium 4455 Mon May 09, 2005 3:11 am
arretium View latest post
No new posts GM rating downgraded to Junk level
12 Mark_i 2642 Sun May 08, 2005 11:28 am
Kingcoal View latest post
No new posts The new dollar coin
[ Goto pageGoto page: 1, 2 ]
17 smiley 4508 Sun May 08, 2005 5:23 am
Owl View latest post
No new posts Brimming U.S. Crude Supplies Fail to Dampen Price?
2 tdrive 1276 Sat May 07, 2005 9:46 pm
savethehumans View latest post
No new posts Understanding Inflation
[ Goto pageGoto page: 1, 2 ]
26 jimmydean 3981 Sat May 07, 2005 5:54 am
JonathanR View latest post
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