There is a growing consensus among those who follow such things, that the new high of world oil production (87.9 million barrels a day) reached last July is likely to go down in history as the all-time peak.
Posts Tagged ‘energy costs’
The Peak Oil Crisis: July 2008 – A Month To Remember
05 Dec 2008 at 18:24
admin
Alternative Energy, Economy, Energy, Oil and natural gas, Peak Oil
Comments Off
IEA: After the credit crunch, the oil crunch: watchdog warns over falling supplies
• World needs to find 64m extra barrels a day by 2030
• Green revolution required to replace fuel sources
Official: Russia’s oil output may drop this year
Russia may see its first drop in oil output for a decade in 2008 as the country’s West Siberian oil fields mature, a top energy official said Thursday.
