Ebbie - thanks for your post.

   I have before me a table in Leggatt's book titled Past global oil discovery and production. "The historical figures in (the table0 were compiled by ExxonMobil with reserves additions in known oil fields backdated to the year of discovery by the Association for the Study of Peak Oil."(Pg.57)

   The first peak was around 1940 (35 billion barrels p.a.).

   The second "   "    "    1950 (55    "       "      " )

   The third       "         1965 (c.58          "       )

   The fourth      "         1973 (c.42          "       )

   The fifth       "         2000 (c.18          "       )


Hope that helps clarify.


   Ivor