from grapho- + -oil + -logie-logy: inference of future production from an oil production profile. The theory underlying graphoilogy is that production profile is an expression of limited oil reserves; hence, a systematic analysis of the way production profiles are shaped can reveal traits of actual ressources.
Hubbert, M. King. (1956)
Thursday, June 01, 2006
Weekly Petroleum Status Report Update
The graphs in the "Weekly Petroleum Status Report" post have been updated from the last EIA numbers. Still large import of petroleum products and low refinery capacity utilization.