Paper: 2005 - PEAK I-N PETROLEUM PRODUCTION OR PINCHING HUBBERTs PIMPLE
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Abstract
2005 - PEAK I-N PETROLEUM PRODUCTION OR PINCHING HUBBERTs PIMPLE
Presenters
Harry W. Parker, Ph.D., P.E.
Professor of Chemical Engineering Texas Tech University, Lubbock, TX
Projecting the future availability and cost of petroleum for 20 to 40 years into the future is an important, but very uncertain task. Periodically various authors project a significant shortfall of petroleum availability in just a few years. One recent March 1998, popular press example is in Scientific American". This information has also been published in professional journals as cited in the article. This information suggests that OPEC has overestimated its reserves by significant amount beginning in late