Tuesday May 22, 2007 | ${log.root}/lowem.log Inflation, Investing and Everything |
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theoildrum.com -> peakoil.nl (pdf) : Rembrandt Koppelaar of ASPO Netherlands has started an informative newsletter for peakoilers called Oilwatch Monthly. The first issue, May 2007, weighs in at 3.5MB and contains 14 pages of charts and information. These are two of the (IMHO) more ominous ones :
It does seem that world oil production is looking flat, and the Saudi's are falling. The TOD page shows a few more - the one for Mexico looks like an absolute disaster, while the Russians are doing some kind of Atlas thing by increasing production over the past few years. By the way, these came from official EIA figures. EIA stands for Energy Information Administration, and, according to their website : "the Energy Information Administration (EIA), created by Congress in 1977, is a statistical agency of the U.S. Department of Energy". While climate change is getting all the attention around here, it is looking like peak oil is the proverbial elephant in the room that nobody notices. We are at, or very near, Peak Oil, and nobody is yelling. Yet. (2007-05-22 10:35:56 SGT)
[Energy]
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