Comments on: Why reserve estimates are an irrelevant statistic – Outer Continental Shelf http://smashthemirror.wordpress.com/2008/06/20/why-reserve-estimates-are-an-irrelevant-statistic-outer-continental-shelf/ Thoughts on Geopolitics, Energy, Economic Issues and other whatnot Wed, 15 Apr 2009 18:04:20 +0000 http://wordpress.com/ hourly 1 By: Rob Costa http://smashthemirror.wordpress.com/2008/06/20/why-reserve-estimates-are-an-irrelevant-statistic-outer-continental-shelf/#comment-631 Rob Costa Fri, 26 Sep 2008 21:21:21 +0000 http://smashthemirror.wordpress.com/?p=85#comment-631 Thanks for the comment, but I checked into it, and we had it right originally. From the report, direct quotation: <blockquote>For the lower 48 OCS, annual crude oil production in 2030 is projected to be 7 percent higher—2.4 million barrels per day in the OCS access case compared with 2.2 million barrels per day in the reference case "</blockquote> There you have it, 2.4 million - 2.2 million, and there will be 200,000 per day thanks to the planned expansions in drilling in the OCS. Thanks for the comment, but I checked into it, and we had it right originally. From the report, direct quotation:

For the lower 48 OCS, annual crude oil production in 2030 is projected to be 7 percent higher—2.4 million barrels per day in the OCS access case compared with 2.2 million barrels per day in the reference case “

There you have it, 2.4 million – 2.2 million, and there will be 200,000 per day thanks to the planned expansions in drilling in the OCS.

]]> By: g roy http://smashthemirror.wordpress.com/2008/06/20/why-reserve-estimates-are-an-irrelevant-statistic-outer-continental-shelf/#comment-628 g roy Fri, 26 Sep 2008 02:10:42 +0000 http://smashthemirror.wordpress.com/?p=85#comment-628 Re-read the report....that's per well.....200,000 per well Re-read the report….that’s per well…..200,000 per well

]]> By: A Voice of Reason? « Smash the Mirror http://smashthemirror.wordpress.com/2008/06/20/why-reserve-estimates-are-an-irrelevant-statistic-outer-continental-shelf/#comment-522 A Voice of Reason? « Smash the Mirror Wed, 25 Jun 2008 08:58:30 +0000 http://smashthemirror.wordpress.com/?p=85#comment-522 [...] Just when it seemed that someone within the government was finally going to stop preaching some made-up, quick fixes, Mr. Bodman resorted to the usual rhetoric of pumping up more oil. When there is a finite supply of something, digging it up faster is not going to help matters. Any person who declares that we need to “produce” more oil, shows total obliviousness to the issue of peak oil. Be it his intention or not, Mr. Bodman’s words are cast in the CNN article as an endorsement of the rush to drill in the Outer Continental Shelf, a risky proposition with regards to tourism and environmentalism that will produce very little oil. [...] [...] Just when it seemed that someone within the government was finally going to stop preaching some made-up, quick fixes, Mr. Bodman resorted to the usual rhetoric of pumping up more oil. When there is a finite supply of something, digging it up faster is not going to help matters. Any person who declares that we need to “produce” more oil, shows total obliviousness to the issue of peak oil. Be it his intention or not, Mr. Bodman’s words are cast in the CNN article as an endorsement of the rush to drill in the Outer Continental Shelf, a risky proposition with regards to tourism and environmentalism that will produce very little oil. [...]

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