[GregoryFul]

Hubbard's Peak has been reached in many oil producing countries. It will soon be evident that world peak oil production is upon us. The bell curve peaks when about half of recoverable oil reserves have been pumped out, the 4.7 trillion barrels of world reserves stated in the article include large amounts of oil shale and sands, not easily or perhaps not even economically recoverable. The estimated total easy world oil reserves stood at 2 trillion barrels for a long time, we have used half of that. Oil is becoming ever more difficult and expensive to obtain. Hubbard's Peak is a mathematical projection based upon oil discoveries in various regions, and has been shown true in example after example. We need to be developing alternative energy sources posthaste.

[_Jim]

It will soon be evident that world peak oil production is upon us.

Sorry, but I put this statement in the same category with Algore's 'we only have ten years left' ... where we presently have 9 yrs, 126 days and 4 hrs left ...