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Politics : Sioux Nation

DJT 16.10

+8.3%

Dec 19 9:30 AM EST

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To: T L Comiskey who wrote (163603)	3/18/2009 1:57:27 PM
From: Wharf Rat	Read Replies (3) of 361703

9???!! I hope you mean F, not C, cuz if you say kay, we are. The Oil Drum: World Oil Production Peaked in 2008 ace, The Oil Drum As everyone knows, there is never a post on The Oil Drum that the entire staff agrees on. Nonetheless, Tony bases his findings on solid research, and a staff survey shows that most agree with a 2008 peak. A post discussing whether an alternate scenario with a second later peak might be feasible is planned for later. World oil production peaked in 2008 at 81.73 million barrels/day (mbd) shown in the chart below. This oil definition includes crude oil, lease condensate, oil sands and natural gas plant liquids. If natural gas plant liquids are excluded, then the production peak remains in 2008 but at 73.79 mbd. However, if oil sands are also excluded then crude oil and lease condensate production peaked in 2005 at 72.75 mbd. The US Energy Information Administration (EIA) and the International Energy Agency (IEA) should make official statements about declining world oil production to renew the focus on oil conservation and alternative energy sources. (17 March 2009) theoildrum.com Rat prefers excluding oil sands. Hubbert was about oil fields, not all sources of oil. full article Message 25503743 Message 25503743

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