Our friends at Worldchanging and Green Car Congress have both covered, and rightly so, this blog-post from The Oil Drum, a blog dedicated to discussing Hubbert's Peak. It's something to know what's happening, but it's quite something else to actually see it. Read on and see the "picture of depletion" for yourself...Here is a picture the Abqaiq oilfield in Saudi Arabia. It's a transversal slice obtained from an instrument that measures fluid densities. The blue area is water that has been injected into the field to push the oil back to the top, the red area is the gas cap of the field... and the green zone is the actual oil.
If there is a picture that speaks of depletion this to me, is it.