[R-G] (no subject)
Gregory Meyerson
gmeyerson at triad.rr.com
Fri Jul 25 08:31:33 MDT 2008
http://www.energybulletin.net/node/2544
In the above article, EB had some info about how to evaluate past
U.S.G.S claims about undiscovered oil.
In one case, they predicted that the Falkland Islands area would
probably produce 6 billion barrels of oil.
as of 2004, they had found no oil field containing 140 million
barrels, the minimum amount for drilling to be worthwhile.
Maybe they have gotten a lot better; maybe EB is cherry picking
failures.
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