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Quadrillian
Lv 7
Quadrillian asked in EnvironmentOther - Environment · 4 years ago

Is anyone here familiar with the ETP model of oil and it's consequences?

Here is a brief summary:

http://www.thehillsgroup.org/depletion2_022.htm

There is some heavy science and economics involved. The consequences are profound, but the difficulty of the theory means that it is not readily accessible. I see this as a very high risk, like an approaching cyclone that noone can see coming.

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  • Kano
    Lv 7
    4 years ago

    This is from 2012 it was around $100 per barrel and they projected the price of oil to continue to escalate.

    They were wrong, oil dropped to $40 a barrel and currently is at $46

    Another model prediction failed

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