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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: DebtBomb who wrote (246991)	5/6/2010 4:54:39 PM
From: Beachside Bill	Respond to of 306849

Go to the EIA.gov, you will find out U.S. production from none stripper wells has dropped 17% from 2002 ( funny we get most of U.S. oil from stripper wells the produce less the 15 barrels a day. North sea has depletion worst than Mexico according to the IEA. Meanwhile, China demand increases 10% a year, heck even our demand for oil is up 3% from last year. India, and the Middle East are booming on demand. Put some links behind your statement peak oil is not real. I know what the IEA says before last summer when the G7 decided Gag the truth in the meeting last June, and there is mention of how they wanted to work closer with the IEA to hold down speculation.