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Tuesday May 10, 2005
"OPEC is at highest production in history ... " == "Peak Oil"
peakoil.com -> msnbc.com :
"OPEC is at its highest production in history. I am concerned about that. If we reach the full capacity now, we will tighten in the fourth quarter. The spare capacity will be smaller and smaller, reaching a plateau when there is no more oil."
- Abdullah Hamad al-Attiyah,
Oil Minister, Qatar
See also :
1. Saudi Tosses Oil Production Cap
2. White House : "Saudi Near Capacity"
3. Official : OPEC has reached limit
(2005-05-10 23:03:38 SGT)
[Energy ]
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