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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 3854 Thu Jul 27, 2006 7:43 am
MonteQuest View latest post
No new posts Are We in a Speculative Bubble with Regard to Oil Prices?
12 TheDude 643 Sun Jun 22, 2008 4:09 pm
TheDude View latest post
No new posts Royal Bank of Scotland warns of global stock market crash
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40 Cid_Yama 2457 Sun Jun 22, 2008 8:48 am
patience View latest post
No new posts Bankruptcy rising amongst seniors
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29 mattduke 1756 Fri Jun 20, 2008 2:20 pm
Denny View latest post
No new posts Economist Magazine: "Peak Oil Soon"
14 kjmclark 997 Fri Jun 20, 2008 2:48 am
MrBill View latest post
No new posts Treasury Inflation-Protected Securities (TIPS)
7 desultorypawn 377 Thu Jun 19, 2008 3:03 pm
TommyJefferson View latest post
No new posts Euribor and interest rates during the peak oil crisis
6 gurucat 588 Thu Jun 19, 2008 7:12 am
kevincarter View latest post
No new posts Soaring Cost of Fuel To Hit Scottish Fish Industry
9 Ferretlover 785 Thu Jun 19, 2008 12:37 am
MrBill View latest post
No new posts Timeline for Grocery store food shortages..........
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22 vision-master 2301 Tue Jun 17, 2008 6:01 pm
joelcolorado View latest post
No new posts Alternative to asphalt?
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32 Weasel 1967 Tue Jun 17, 2008 2:39 am
MrBill View latest post
No new posts The Anti-Dollar
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15 roccman 1222 Mon Jun 16, 2008 8:56 pm
steam_cannon View latest post
No new posts Houses, Mortgages and Peak Oil
4 thor 499 Sun Jun 15, 2008 7:11 am
thor View latest post
No new posts Malaysia Faces Bankruptcy If Oil Subsidy Continued
1 roccman 426 Sun Jun 15, 2008 6:43 am
misterno View latest post
No new posts [ Poll ] Peak Oil Crisis Crash Inflation Interest Rates Mortgages
3 gurucat 461 Fri Jun 13, 2008 5:17 am
gurucat View latest post
No new posts [ Poll ] Interest rates after the Peak Oil & Oil crisis interest
2 gurucat 318 Thu Jun 12, 2008 3:02 pm
gurucat View latest post
No new posts barrel of oil to gallon of gas
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20 Valkyrie 3045 Thu Jun 12, 2008 4:06 am
grampybone View latest post
No new posts We're still living in a $70/barrel oil world
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15 alokin 1520 Wed Jun 11, 2008 7:45 pm
MonteQuest View latest post
No new posts Percent Income Spent On Gas Map Of United States
3 mattduke 779 Tue Jun 10, 2008 11:00 pm
heroineworshipper View latest post
No new posts 28 Million Barrels of Sour Crude and No Buyer
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23 mefistofeles 2778 Tue Jun 10, 2008 11:43 am
Serial_Worrier View latest post
No new posts Big Box stores - beneficiaries so far?
10 Waterthrush 661 Tue Jun 10, 2008 9:20 am
vision-master View latest post
No new posts Which industries will follow the demise of the airlines?
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67 allenwrench 4273 Tue Jun 10, 2008 6:07 am
MrBill View latest post
No new posts Forced communal housing & Bernanke resignation?
13 heroineworshipper 943 Mon Jun 09, 2008 11:12 pm
SchroedingersCat View latest post
No new posts [ Poll ] Deflation VS Inflation VS Stagflation - who's winning?
6 roccman 713 Mon Jun 09, 2008 1:58 pm
Twilight View latest post
No new posts The Fed's New Strong Dollar Policy
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15 mattduke 1254 Mon Jun 09, 2008 8:50 am
MrBill View latest post
No new posts PO and consumer choices
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26 cube 2212 Mon Jun 09, 2008 7:03 am
MrBill View latest post
No new posts [ Poll ] PO = more taxes?
10 kevincarter 573 Mon Jun 09, 2008 2:08 am
MrBill View latest post
No new posts Have Oil Prices Peaked?
10 mefistofeles 758 Mon Jun 09, 2008 1:15 am
MrBill View latest post
No new posts The Amazing Expanding World
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33 Heineken 1882 Sat Jun 07, 2008 8:36 pm
VMarcHart View latest post
No new posts CEO Of Dallas Fed: Frightful Storm On Horizon
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39 mattduke 2501 Fri Jun 06, 2008 12:56 am
MrBill View latest post
No new posts Indian Government Raises Gas Prices
4 Ferretlover 389 Thu Jun 05, 2008 2:00 pm
GASMON View latest post
No new posts [ Poll ] PO == Single income family?
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27 cube 1408 Thu Jun 05, 2008 8:11 am
FoolYap View latest post
No new posts Not the end of the world
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22 alokin 2058 Wed Jun 04, 2008 3:16 pm
nobodypanic View latest post
No new posts [ Poll ] How will employers get around minimum wage laws?
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19 truecougarblue 960 Wed Jun 04, 2008 10:25 am
MarkJ View latest post
No new posts Germany in call for ban on oil speculation
11 mattduke 735 Tue Jun 03, 2008 5:26 am
errorist View latest post
No new posts Two Fertilizer Companies Now Worth More than Citigroup
6 mattduke 526 Mon Jun 02, 2008 5:00 pm
mattduke View latest post
No new posts Goodbye prime rib, hello Spam
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27 mattduke 1457 Mon Jun 02, 2008 3:38 am
MrBill View latest post
No new posts The New Economy - Government vs the Private Sector
8 Byron100 563 Mon Jun 02, 2008 3:05 am
MrBill View latest post
No new posts Paulson Travels To Arabia Over Dollar Pegs
9 mattduke 495 Sun Jun 01, 2008 9:47 pm
DantesPeak View latest post
No new posts Inflation Deflation Chaotic Mix
10 Polemic 832 Sun Jun 01, 2008 10:02 am
threadbear View latest post
No new posts High Fuel Costs Threaten Bankruptcy for Truckers
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46 Ferretlover 3162 Fri May 30, 2008 12:23 pm
ROCKMAN View latest post
No new posts The Folly of Jevon's Paradox
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21 fonzcad3 1953 Fri May 30, 2008 8:39 am
MrBill View latest post
No new posts 'You're working for gas now'
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27 Ferretlover 2210 Fri May 30, 2008 4:32 am
JJ View latest post
No new posts What is a gallon of unleaded actually worth?
8 alecifel 578 Wed May 28, 2008 5:21 am
MrBill View latest post
No new posts Ford Motor Company = Hurting!
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30 Fergus 3652 Wed May 28, 2008 2:19 am
mefistofeles View latest post
No new posts Oil in Saudi Arabia & The U.S. - Different Outcomes
12 BigTex 924 Tue May 27, 2008 7:24 am
BigTex View latest post
No new posts Entergy to spin off merchant nuke plants in Northeast USA
12 Starvid 805 Mon May 26, 2008 8:57 pm
ThunderChunky View latest post
No new posts Wow, check out GasBuddy: In the red
4 ZombieMalthus 869 Mon May 26, 2008 1:32 am
MrBill View latest post
No new posts Coming Oil Price Superspike
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26 Gandalf_the_White 3325 Sun May 25, 2008 4:27 pm
yesplease View latest post
No new posts Pensions of Millions Could Vanish
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78 Heineken 5507 Sun May 25, 2008 10:34 am
vision-master View latest post
No new posts CPI updated - is it believable?
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51 Denny 5646 Fri May 23, 2008 2:52 am
MrBill View latest post
No new posts BREAKING NEWS: American To Cut Jobs, Reduce Flights, Add Fee
9 Ferretlover 954 Thu May 22, 2008 4:49 am
mos6507 View latest post
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