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Here's some more long stuff on oil supplies. If you go to this site the article is well worth reading. I've just picked out a couple of interesting excerpts which should give you a guide on where things are heading. Also the whole site is an enormous treatise on oil supplies - if you can absorb this you'll the board guru - it's all a bit much for my simple mind !!

The Global Hubbert Peak
The World's Endowment of Conventional Oil and its Depletion
... as of end 1999 ...
Depletion rate 2.2%/yr
Depletion midpoint 2003

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