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THAT'S IT FOLKS, WE'RE OUT OF OIL 2367

Yes, you just listed the figures that everyone already knew, proving that peak oil was reached in 2000. You left out 2001-2004. I have included those figures below as indicated in a recent Powerpoint presentation at a closed door meeting of oil magnates in the UAE. Also a barrel of oil will never again drop to $45. I can guarantee you that.

2001 1,060 billion barrels 2002 1,040 billion barrels 2003 1,005 billion barrels 2004 990 billion barrels

THAT'S IT FOLKS, WE'RE OUT OF OIL 2368
Ronald Evans I guess you've got your oil futures all bought up then.. You have data, but...

Discovery of major new reserves 2000 32 new finds 2001 29 new finds 2002 23 new finds 2003 15 new finds 2004 8 new finds

Everyone knows that the amount of oil in the earth is finite. Which means that production started at zero. First year of oil production was 1859. Production rose to a peak in the year 2000 which will never again be surpbutted since that was the midpoint of depletion. Production has declined every year since 2000 and will continue to decline every year until the resource is completely depleted. In 2000 we had used half of all the recoverable oil that ever existed on our planet. Government, industry and the financial sector had better begin planning and executing the transition to nuclear, electric, etc or it will be the dark ages all over again.




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