tag:blogger.com,1999:blog-28837843.post8799947601056730490..comments2024-03-19T07:10:27.303-07:00Comments on Quark Soup by David Appell: Oil statistics (Peak Oil?)David Appellhttp://www.blogger.com/profile/03318269033139447591noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-28837843.post-89280495876981799702008-06-14T14:24:00.000-07:002008-06-14T14:24:00.000-07:00David -If I am reading the numbers correctly, prod...David -<BR/><BR/>If I am reading the numbers correctly, production also dropped year-over year in 1975, 1980-83, 1985, 1991, 1999, 2001 and 2002. It is rare (though not unprecedented) for production to drop in times of rising prices. But it is not unprecedented for production to drop year-over-year.John Fleckhttps://www.blogger.com/profile/01945772782727225745noreply@blogger.comtag:blogger.com,1999:blog-28837843.post-68057892878723943712008-06-14T07:13:00.000-07:002008-06-14T07:13:00.000-07:00Don't forget their other argument: that there's pl...Don't forget their other argument: that there's plenty of oil in the ground they could get at if only those environmentalists weren't so good at stopping big business from careful and sensitive extraction. Or those speculators, speculatin' the price is going to go up even more an' wastin' their money when we all know the bubble will burst... any... day... now.... Oh.Mark Higginsonhttps://www.blogger.com/profile/01557159459653002763noreply@blogger.comtag:blogger.com,1999:blog-28837843.post-61033524320433898112008-06-13T17:49:00.000-07:002008-06-13T17:49:00.000-07:00You have captured the essence of Econ 101 perfectl...You have captured the essence of Econ 101 perfectly. Now if only our candidates would get a quick and dirty education.<BR/><BR/>LOL, at McCain visiting ANWR!Anonymousnoreply@blogger.com