Too Much By Half
DOWNLOAD
Download Too Much By Half PDF/ePub or read online books in Mobi eBooks. Click Download or Read Online button to get Too Much By Half book now. This website allows unlimited access to, at the time of writing, more than 1.5 million titles, including hundreds of thousands of titles in various foreign languages. If the content not found or just blank you must refresh this page
Too Much By Half
DOWNLOAD
Author : James Dietrich
language : en
Publisher:
Release Date : 2019-07-08
Too Much By Half written by James Dietrich and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019-07-08 with categories.
The year was 2007 and the financial world was crashing. The setting was my residence in Moscow, Russia. A visiting American PhD economist working for the Russell 2000 asked me, "And how good are the estimates of proved oil reserves in your industry." She knew that mathematical models are used to predict value and risk in her world of money and in my world of oil. Perhaps she felt a sense of humiliation - the financial models had totally failed. I recall my response, "It seems that a barrel of oil reserves becomes three barrels if it's under Russia." That was a flip answer, but perhaps not that exaggerated. Her question stayed with me. Eight years later given even more international consulting experience, my sober answer became, "Proved oil reserves are too much by half." In other words, globally and on average, three barrels of publicized oil reserves are actually closer to two barrels. Here we're talking only about proved reserves. These are hydrocarbon volumes that are estimated with reasonable certainty to be commercially recoverable. In probabilistic terms, use of the words "reasonable certainty" implies there is a 90% chance of meeting or exceeding the quoted recoverable volumes. During periods of rising and falling oil prices, oil companies increase and decrease their estimates of proved reserves, in order to satisfy the requirement that the reserves are commercially recoverable. This is the story of how reserves have become systematically inflated, aside from any influence of rising oil prices. The book is part way between memoir and non-fiction - too much of one to be properly the other. Dubbed narrative non-fiction, it may appeal to those interested in the "peak oil" debate, an international consulting career, expat living, or simply the absurdity of people trying to work together. My views on the reserves question are derived from working independently for decades inside Big Oil as a consultant. They are likely to differ from the perceptions of outsiders who rely on material made available for public consumption. Consider the attorney working as a financial services executive who has written a book about oil in 2016. He tells us we're at the dawn of the fossil fuel era, touting that his book "... incorporates facts from leading authorities and firsthand sources, such as the revenue predictions of major oil companies and the United States government." Since when are we expected to accept an equivalence between facts and predictions? The book was written to counter the claims that we are awash in oil. A term called the R/P ratio is central to the debate on peak oil. It's the ratio of known reserves to the rate of use - the ratio is about 40 years for oil and 60 years for natural gas. If world reserves are indeed over-booked by half, those estimates shorten to nearly 25 years for oil and 40 years for gas. We will likely have a lot less time to move away from the use of fossil fuels before the tanks are empty. And then consider: The worldwide supply of oil, as of any mineral resource, will rise from zero to a peak and after that will decline forever. The crisis comes not when the last drop is pumped; it arrives when we've consumed nearly half the oil there ever was. At that point, steadily falling supply can not meet continuing rising demand. Nearly all the pundits agree that we're close to the half-way point. The book reads mostly as memoir, telling the story as a chronology of projects in which the author was retained as a consulting engineer to estimate, develop and produce reserves. The reader will get the sense that as we're nearing the half-way point, it's nature - geology and physics - that is preventing us from unlocking more oil from mature reservoirs, never mind oil prices!
Too Clever By Half
DOWNLOAD
Author : Laurence Meynell
language : en
Publisher: Hachette UK
Release Date : 2012-09-06
Too Clever By Half written by Laurence Meynell and has been published by Hachette UK this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-09-06 with Fiction categories.
When Lady Darley asks for Hooky Hefferman's help, he wonders what sort of trouble she can be in. She doesn't look the sort to have a very grisly skeleton in her cupboard, but you never can tell ... Hooky's insatiable curiosity is soon aroused by her story, and he is easily persuaded to go down to Monkhamblin Hall, the old family mansion. Once there, a corpse and the odd behaviour of the present owner are quite enough to keep his famous nose glued to the trail.
Too Clever By Half Or The Harroways
DOWNLOAD
Author : John Lang
language : en
Publisher:
Release Date : 1853
Too Clever By Half Or The Harroways written by John Lang and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1853 with categories.
Too Clever By Half Or The Harroways By The Mofussilite I E J Lang
DOWNLOAD
Author : MOFUSSILITE.
language : en
Publisher:
Release Date : 1854
Too Clever By Half Or The Harroways By The Mofussilite I E J Lang written by MOFUSSILITE. and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1854 with English fiction categories.
Too Clever By Half
DOWNLOAD
Author : Nancy Yeager
language : en
Publisher: Nyb Publishing
Release Date : 2018-11-29
Too Clever By Half written by Nancy Yeager and has been published by Nyb Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018-11-29 with Fiction categories.
A Booksellers' Best Award Finalist! Locked in a competition that could change their lives...or break their hearts. Mr. James Alcott has carved out his place in the world with an esteemed position at Harrow School. But when the school changes direction, he’s set adrift. He can redeem himself by founding a scholarship program if he wins the annual Duke’s Trust competition for seed money. A seemingly simple task. Until a beautiful and mysterious competitor arouses his curiosity and leaves him speaking in iambic pentameter. Lady Tessa Harmsworth was denied a formal education by her father. Now she has fabricated the reclusive Mr. Pettibone as the champion of her scholarship fund to further the education of other women and girls. The deception is the only way a woman can enter the Duke’s Trust competition, let alone win it. And Tessa intends to win. Until her annoyingly clever, poetry-spouting opponent sets out to uncover her ruse. As Tessa and James match wits, their spirited rivalry turns into a passionate affair. With the coveted prize hanging in the balance, will they choose their lifelong dreams or follow their reckless hearts? The Harrow's Finest Five Series books are stand-alone novels with no cliffhangers, and can be read in any order.
Too Fine By Half A Tract On Extravagance In Dress
DOWNLOAD
Author :
language : en
Publisher:
Release Date : 1867
Too Fine By Half A Tract On Extravagance In Dress written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1867 with categories.
Jackassignation Too Clever By Half
DOWNLOAD
Author : Wesley Payton
language : en
Publisher: The Wild Rose Press Inc
Release Date : 2024-05-08
Jackassignation Too Clever By Half written by Wesley Payton and has been published by The Wild Rose Press Inc this book supported file pdf, txt, epub, kindle and other format this book has been release on 2024-05-08 with Fiction categories.
Springtime brings new beginnings, but a relative of an old adversary brings peril and chaos for Weston and his friends. The group is pursued through their hometown and beyond by an enigmatic assailant set on revenge, and the reason for his hostility seems rooted in H.P.'s past. Will H.P. and Weston unravel the mystery of their pursuer's identity before they and their friends are caught? Will people from their past be able to help, or have they only reappeared to inflict further harm?
Old John S Tale Or Half An Hour S Amusement To The Not Too Difficult To Please An Irregular Poem By A Lady Etc
DOWNLOAD
Author :
language : en
Publisher:
Release Date : 1819
Old John S Tale Or Half An Hour S Amusement To The Not Too Difficult To Please An Irregular Poem By A Lady Etc written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1819 with categories.
Half Yearly Abstract Of The Medical Sciences Being A Practical And Analytical Digest Of The Contents Of The Principal British And Continental Medical Works Pub In The Preceding Six Months
DOWNLOAD
Author : William Harcourt Ranking
language : en
Publisher:
Release Date : 1870
Half Yearly Abstract Of The Medical Sciences Being A Practical And Analytical Digest Of The Contents Of The Principal British And Continental Medical Works Pub In The Preceding Six Months written by William Harcourt Ranking and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1870 with Medicine categories.
Annual Meeting Of The Missouri State Horticultural Society
DOWNLOAD
Author : Missouri State Horticultural Society
language : en
Publisher:
Release Date : 1897
Annual Meeting Of The Missouri State Horticultural Society written by Missouri State Horticultural Society and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1897 with Fruit-culture categories.