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Uninvited observations

03/03/2008
I understand that the Association for the Study of Peak Oil & Gas (ASPO) will not always be invited to speak at CERA Week (Cambridge Energy Research Associates annual conference in Houston), but if I had been invited I could have discussed the CERA 2006 forecast of future oil production (Journal of Petroleum Technology, February 2007). CERA’s prediction is divided into conventional and unconventional oil, and if we sum the CERA-predicted crude oil consumption to 2070 we get a number in the region of 2,000 billion bbl, twice as much as has been consumed to date. Production of 70 million b/d in 2070 requires reserves of the order of 500 billion bbl, and current crude oil reserves ...
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