DonSuper

Megaprojects Predict Decline of Oil Production

very interesting article...

I made a statistical model based on production and price changes from the previous year (with the assumption that changes in price one year were signals that more production was needed)...and there does seem to be a very strong statistical correlation. The only anomalies found were on the embargo years, where I got 3.5+ sigma...and this year (almost 4 sigma)...therefore signaling almost 99% certainty we are arriving at peak oil...