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To: Kurt_Hectic
The North Sea may well have enough oil to supply us for a century to come.

Actually, even with new finds, total North Sea output is in decline. Even under a peak oil scenario, with total oil production falling, new supplies must be found to replace fields that are depleted. The question is not whether we discover new oil. We must. The question is whether the capacity of newly found reserves is replacing the capacity of depleted reserves.

12 posted on 09/17/2007 4:23:58 AM PDT by AndyJackson
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To: AndyJackson
"Actually, even with new finds, total North Sea output is in decline.

How can you make this claim in light of the fact the article clearly states the size of the find is not yet known?

13 posted on 09/17/2007 5:07:58 AM PDT by Eagles Talon IV
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