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#11
May 23rd 04, 02:01 AM
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I agree that refining capacity has been impacted by various enviornmental
regs. These haven't affected drilling (and hence production) much though. Mike MU-2 "Tom Sixkiller" wrote in message ... "Peter Gottlieb" wrote in message et... This doesn't sound right. Are you saying the "EPA and others," meaning government regulation, reduced the oil well reserves? Reserves (from the time) and known resources are much higher than what we're extracting. "Tom Sixkiller" wrote in message news  Production peaked due to interference by EPA and others, not due to availability or resources. IOW he was right for the wrong reasons. 
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