In a message dated 7/17/00 6:05:13 AM Mountain Standard Time,
James_Taggart@multilink.com writes:
<< Someone told me once that we've had a 10-year supply of oil available for
the
last 100 years.
Your comment about oil-shale requiring a barrel of oil per barrel of oil
retrieved is relevant, but
as the price of oil rises, previously uneconomical oil retrieval becomes
feasible. I can't claim to
be an expert (certainly not to you!), but I'd guess the econonmics of it will
drag out the decline
longer than you predict.
>>
For a very accessible (to both geologists and non-geologists) overview of
some of the issues Glen has raised, see McCabe, P.J., 1998, Energy
resources--Cornucopia or Empty Barrel?: American Association of Petroleum
Geologists Bulletin, v. 82, p. 2110-2134.
Karl
**************************
Karl V. Evans
cmekve@aol.com
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