AdamB wrote:
dcoyne78 wrote:Let s focus on the cumulative output of their tight oil estimate for the low oil resource case (assuming linear decline after 2050 to zero by 2055) roughly matching a scenario with lower oil prices and using USGS mean TRR estimates, I guess you contend that the USGS mean estimates are too low, I disagree, I think the current EIA resource estimates are too high, with the exception of their low resource estimate which seems to roughly match the USGS mean estimate.
There are no facts in the future. I contend that the USGS and EIA have fundamental differences in how and exactly what they are quantifying. It is possible that both are as likely to be right as the other.within the assumptions of what they claim to be assessing. And change the assumptions of what your TRR is, to better account for solving Question #2 (like some DOE researchers do), and it might have just as much a chance of being the right answer, rather than the other 2. Right meanin ....