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80% of producing countries past peak

Discuss specific research and forecasts.

Moderator: Pops

80% of producing countries past peak

Unread postby Pops » Mon 23 Jan 2012, 15:53:56

Here's a good list of oil producing countries showing who's increasing production, who appears to have peaked and who might be.
“Quite simply, we are looking at the highest average price since the age of oil began.”
-- Daniel Yergin

The only substitute for cheap energy is expensive energy. -- Me
Make a plan and work it. -- Me again
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Re: 80% of producing countries past peak

Unread postby eXpat » Mon 23 Jan 2012, 17:45:01

Whow!!!! 8O 8O 8O
Oil shock, when finally arrives is going to be ugly :shock:
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Re: 80% of producing countries past peak

Unread postby pstarr » Mon 23 Jan 2012, 17:49:10

You are shocked? Do you really think the peak-oil community has been making this shit up?

Yes, it will get uglier. It is ugly
Our great-great-grandparents burned wood and coal. Our grandparents burned oil. We burn natural gas. Our children will burn their furniture. :badgrin:
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Re: 80% of producing countries past peak

Unread postby Cog » Mon 23 Jan 2012, 17:56:57

I'm sure a cornie will be along any time now to tell us there is nothing to worry about.
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Re: 80% of producing countries past peak

Unread postby Armageddon » Mon 23 Jan 2012, 18:23:27

Didn't you guys know the earth makes its own oil and oil fields replenish themselves. :lol:
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Re: 80% of producing countries past peak

Unread postby Daniel_Plainview » Mon 23 Jan 2012, 18:40:20

As always, KSA is the big question mark:

Saudi Arabia is a bit of a question mark – it produced 10% less than its peak year (2005) in 2010, but claims that it has ample spare capacity and reserves to push beyond the old highs.
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Re: 80% of producing countries past peak

Unread postby SeaGypsy » Mon 23 Jan 2012, 19:33:01

http://www.countercurrents.org/mushalik220112.htm

Excuse double post, this graphic as posted in the Australia discussion forum shows some absolutely fantastical figures out of SA and the entire ME, plateau going for another 5-6 decades. I find the general acceptance of these figures more astounding than the figures themselves.
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