Rising expectations of ultimate oil, gas recovery to have critical impact on energy, environmental policy- Part 1

Rising expectations of ultimate oil, gas recovery to have critical impact on energy, environmental policy—Part 1Oil & Gas Journal last year rendered an invaluable service to the energy industry in six consecutive issues featuring special reports on future energy supply (OGJ, July 7-Aug. 18, 2003).These articles effectively, yet in a very balanced fashion, deflated the prophets of the nearly imminent peaking of global production of petroleum liquids and natural gas.In an earlier OGJ issue, this author published an article that showed that the late American geophysicist M. King Hubbert and his intellectual heirs—notably Colin J. Campbell and, to a lesser degree, Jean Laherrè...

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