Re: Misquoting Marx ?

["David Schanoes" <dmsch@xxxxxxxxxxxxx>]

Don't worry Jurriaan, MJ means me.  He just doesn't say it out loud.   So
let me get back up on this horse and coax us  forward another time

Let us return to recoverable reserves of oil, and production and consumption
estimates:

First, estimates for both oil production and consumption through 2025
assume a 2 percent average annual rate of growth(aarg).  In 2025 daily
production is est to be 123 million barrels/day.  Consumption is figured at
118 mill/day.  Peak production year, assuming no further discovery of
reserves is 2037.

And what about reserves?  Well for one thing, estimates of reserves have
grown since WWII.  1942 estimates of recoverable reserves were 600 billion
barrels, 1/4 to 1/5 of the current estimates of recoverable reserves.

This estimate is from the US EIA and anybody who thinks the report  is
dishonest can call the author of the estimate, John Wood, personally at 214
720-6160 or email him at john.wood@xxxxxxxxxxx

The point is of course that estimates themselves are subject to change based
on the tools and sophistication used in making the estimate.

As for MJ's  pronouncements on Marxism, mine, or others, it might have a
little more validity if MJ thought Marxism applied to oil.  He has said it
doesn't.  He doesn't think it's important even, not as important as certain
speculations by certain petroleum experts.

So there you go.

"You really should look at yourself Max.  You're a mess."
                 ---The Road Warrior

DMS
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