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Gold/Mining/Energy : PEAK OIL - The New Y2K or The Beginning of the Real End?

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To: kryptonic6 who wrote (151)3/7/2005 1:30:53 PM
From: Raymond Duray  Read Replies (1) of 1183
 
Jesse,

I'm a bit pressed for time, but wanted to comment on your U.S. crude oil consumption statistics. Yours are a bit out of date.

As of last December, the U.S. was importing 63% of its crude supply, according to Boone Pickens. And the latest statistics for CY 2005 project an 83 MMbpd consumption rate with imports exceeding 65% of consumption. I'll have to get back to you on the citations.
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