Mr. Hubbert obviously did not understand Mr. Joseph Newman's Gyroscopic
Particle Theory.  If he did, he would confirm Big Oil's contention that
there is a near infinite supply.  ;)

T

(ducking)

On 3/30/05 8:57 AM, "[EMAIL PROTECTED]" <[EMAIL PROTECTED]>
wrote:

> In the 1950s, a petroleum geologist named
> M. King Hubbert published a series of equations showing that the
> output of any given oil well or reservoir will follow a parabolic
> curve over time. Production rises quickly after initial drilling and
> then loses momentum as output reaches its maximum or "peak" --
> usually when half of the total amount of oil has been extracted --
> after which production falls at an increasingly sharp rate.

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