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Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?


To: carranza2 who wrote (93051)11/3/2007 11:58:56 AM
From: Ed Ajootian  Read Replies (1) | Respond to of 206325
 
Oil Output Debate Reaches A Watershed

Petroleum Intelligence Weekly (Monday, November 5, 2007)
Limits on growth have rarely been the dominant theme in the 28-year history of Energy Intelligence's Oil & Money conference, but this year talk of peak -- or perhaps more accurately "plateau" -- oil shifted from the fringes to center stage. A global oil production watershed of 100 million b/d "in my view is now the optimistic case," Total CEO Christophe de Margerie told last week's London gathering. In this context, oil companies "should consider that reducing demand is our goal," he said.

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Even the CEO of Total is starting to see things your way!