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mariusm98

  • Mon, Jul 04, 2011 - 02:55pm

    #35
    Doug

    Doug

    Status Platinum Member (Offline)

    Joined: Oct 01 2008

    Posts: 1369

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    mariusm98

That chart is pretty clear.  Production has been declining precipitously since about 2000, and in most fields 5 years earlier.  What you refer to as two distinct peaks looks very much like what most peak oil theorists refer to as a “bumpy plateau.”  Nothing inconsistent with peak oil theory, in fact quite the contrary.

Doug