What am I missing?

From: Walter Hicks (wallyshoes@mindspring.com)
Date: Sun Aug 25 2002 - 19:42:17 EDT

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    Glenn Morton wrote:


    > 4. BP statistical review of world energy 2002 states that the US uses about
    > 20 million barrels per day. The US imports 12 million bbl/day, only 2.9
    > million from the Middle east. http://www.bp.com/centres/energy2002 download
    > the excel spreadsheet.

    In reading the excel spreadsheet, I think that it says (2001) that the world's
    proved reserves of oil was 1.05*10^12 barrels, while the oil usage
    was 74.5*10^6
    barrels daily. I compute 1.05*10^12/(365*74.5*10^6) as being 38.6
    years worth of
    proven reserves with no new discoveries.

    What am I missing Glenn?


    Walt Hicks <wallyshoes@mindspring.com>

    In any consistent theory, there must exist true but not provable statements. (Godel's Theorem)

    You can only find the truth with logic If you have already found the truth without it. (G.K. Chesterton) ===================================

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