Quote:
Originally Posted by DieselAddict
We have a pretty good idea. It's not like we don't know at all.
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How would we know? Do you know what a given oil field will produce in 20 years? Do you know what technology will be present that might make it more profitable and so continue extraction? Oil fields once thought "dry" are coming back to life because cost and technology has made extraction more profitable today. Is that factored into their equation?
Without all these and probably more, what we have is just a guess as opposed to a pretty good idea.