The Economic Model.

The economic model developed by the company encompasses a global reserves schema that accounts for the transition of conventional to nonconventional hydrocarbons in the energy portfolio.  The model also incorporates boundaries in natural earth systems, the daily price discovery mechanisms of supply and demand for crude oil, and how technological advances in the petroleum industry contrast with alternative energy strategies. Most importantly the model identifies how the influence of constrained access to essential resources, such as water, can inhibit petroleum production.