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Politics : Sioux Nation

DJT 11.50

+2.8%

Dec 3 3:59 PM EST

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To: koan who wrote (203487)	1/28/2011 11:48:58 AM
From: Wharf Rat	Read Replies (3) of 361375

Egypt might be about fuel and food. Matt on January 28, 2011 - 9:45am One impact of peak oil and higher oil prices is the increasing burden on budgets of countries subsidising petroleum products and food prices which in turn were driven up by high oil prices Egyptian crude oil production peaked 1995/96. Declining oil production since then and increasing consumption have now intersected. Egypt expects to up energy subsidies, maintain food subsidies thedailynewsegypt.com. I have put a graph with oil production, consumption and exports/imports here: crudeoilpeak.com

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