tag:blogger.com,1999:blog-6399730406480392183.post2121906812943063302..comments2024-03-12T16:31:22.046-03:00Comments on Viable Opposition: The Macroeconomics of Oil Supply and Demand - Ignoring the Background NoiseA Political Junkiehttp://www.blogger.com/profile/03342345936277964422noreply@blogger.comBlogger6125tag:blogger.com,1999:blog-6399730406480392183.post-79192179094970251392011-07-24T13:35:38.376-03:002011-07-24T13:35:38.376-03:00Basic division using large numbers, billions divid...Basic division using large numbers, billions divided by millions, needs to be done, so we can see how much oil we have left, strictly considering what's available now, and our current consumption rate. Forget about projected new oil supplies. We can't bank on that. And anyway this calculation will best express the dier situation that we are in.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6399730406480392183.post-16599964417462202312011-07-20T13:55:18.362-03:002011-07-20T13:55:18.362-03:00Very interesting. Thanks for sharingVery interesting. Thanks for sharingAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-6399730406480392183.post-59754264280813994142011-04-26T19:10:03.153-03:002011-04-26T19:10:03.153-03:00This doesn't seem to take into account that un...This doesn't seem to take into account that unconventional oil is widening on the graph.<br />Also the technology to extract it is improving steadily.To me it looks like it will take up some of the slack and more so as time goes on.<br />Same scenario perhaps over a little longer period of time though.Rayhttp://nanoreply@blogger.comtag:blogger.com,1999:blog-6399730406480392183.post-87080192167123367552011-04-17T11:01:21.287-03:002011-04-17T11:01:21.287-03:00great read, thanksgreat read, thanksAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-6399730406480392183.post-7564642410370695342011-04-15T16:43:26.266-03:002011-04-15T16:43:26.266-03:00This is very interesting. Google "Hubbert'...This is very interesting. Google "Hubbert's Peak."<br />If I'm reading his definition correctly, we should<br />peak with the world's oil resources around 2020?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6399730406480392183.post-89842782383425945212011-04-15T00:13:41.076-03:002011-04-15T00:13:41.076-03:00China is planning to store a 4-month supply?
Wow.China is planning to store a 4-month supply?<br />Wow.Anonymousnoreply@blogger.com