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Difference between world reserve additions and consumption

Discuss research and forecasts regarding hydrocarbon depletion.

Difference between world reserve additions and consumption

Unread postby Keith_McClary » Mon 17 Oct 2005, 01:23:33

Has this graph been updated to 2005?
Image
Preferably with the below-zero part in red. :cry:
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Re: Difference between world reserve additions and consumpti

Unread postby Taskforce_Unity » Mon 17 Oct 2005, 02:13:59

Nope 2005 numbers are not yet known. There should be an update until 2004 somewhere though i think i have seen it (only not this type of graph).
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Re: Difference between world reserve additions and consumpti

Unread postby venky » Mon 17 Oct 2005, 02:24:09

Is the graph above just discoveries or discoveries+reserve additions?
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Re: Difference between world reserve additions and consumpti

Unread postby Taskforce_Unity » Mon 17 Oct 2005, 02:51:23

just discoveries otherwise it would still be in the plus (if you believe the reserve additions :roll: )
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Re: Difference between world reserve additions and consumpti

Unread postby Antimatter » Mon 17 Oct 2005, 02:52:37

That would appear to be just discoveries. Also the caption on the graph doesn't make sense - according to the graph the difference is getting larger, not smaller. Just a nitpick but a poor choice of wording.
"Production of useful work is limited by the laws of thermodynamics, but the production of useless work seems to be unlimited."
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Re: Difference between world reserve additions and consumpti

Unread postby Doly » Mon 17 Oct 2005, 07:30:21

I interpret the caption as the graph showing Discoveries - Consumption. That looks about right.
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