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80% of producing countries past peak

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80% of producing countries past peak

Unread postby Pops » Mon 23 Jan 2012, 16:53:56

Here's a good list of oil producing countries showing who's increasing production, who appears to have peaked and who might be.
The legitimate object of government, is to do for a community of people, whatever they need to have done, but can not do, at all, or can not, so well do, for themselves -- in their separate, and individual capacities.
-- Abraham Lincoln, Fragment on Government (July 1, 1854)
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Re: 80% of producing countries past peak

Unread postby eXpat » Mon 23 Jan 2012, 18:45:01

Whow!!!! 8O 8O 8O
Oil shock, when finally arrives is going to be ugly :shock:
"I learned long ago, never to wrestle with a pig. You get dirty, and besides, the pig likes it."
George Bernard Shaw

“You can ignore reality, but you can't ignore the consequences of ignoring reality.” Ayn Rand
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Re: 80% of producing countries past peak

Unread postby Cog » Mon 23 Jan 2012, 18:56:57

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, 19:23:27

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, 19:40:20

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, 20:33:01

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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