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To: elmatador who wrote (2972)12/29/2005 6:02:36 PM
From: Condor  Respond to of 217784
 
Ooops! I made a booboo. World consumption is apparently 84,000,000 bbls a day.
The recent huge 700,000,000 bbl Brazilian discovery is now 8.3 days of world consumption not the 23 days I commented on earlier.
Earlier, I was only considering OPEC production and (silly me) forgot the rest of the world. HELLO?
It occurs to me if India and China hunker down and get with the program and suck up a more decadent and respectable per capita consumption then we could be looking at a huge discovery as being a one day world supply. Kind of scares yah doesn't it?

Hope your Christmas was good.

Cheers
C