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IEA also performs a bottom-up analysis that projects a plateau of 86.5-mbd until 2015, followed by reduced peak of 100-mbd in 2030.

This 2007 Alternative Scenario is based on a 7.7% Underlying Decl ...

Your implication was that:
The last major time this happened 95% of all living species were wiped off the planet.
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0.15%. And that was a major warming period with massive extinction. Any w ...

This is pretty scary stuff. Way more so than oil depletion. The last major time this happened 95% of all living species were wiped off the planet.

Scary? What part of 1.8 parts per trillion is th ...

This is pretty scary stuff. Way more so than oil depletion. The last major time this happened 95% of all living species were wiped off the planet.

Scary? What part of 1.8 parts per trillion is th ...

There is a lot of talk that speculation is responsible for the high price. If that is so doe it mean that the demand that we see which seems to be on par with supply is due to speculation.

Where th ...

The shortest recession in history...

You went to a Yukon petroleum fancier for proof?

Real GDP has been revealed today as 0.6% for Q4 and same for Q1. This confirms the "above 0" status as show ...

Demand destruction can not be expected to produce significant or sustained price drops. It is an adaptation to high price.
If that was correct, commodity prices would always rise and would never red ...

The shortest recession in history...

Recession Meter

KSA is not stopping anything. Nothing was ever planned. Since 2003, both its Ministry and Saudi Aramco have been transparent in issuing biannual guidance to analysts wrt to its business plan.

1 ...

I would say the world is in a recession right now. When 38 countries are facing critical food shortages. It will hit all countries shortly.
That is plain rubbish. Global Real GDP is currently 2.25% ...

One has to wonder whether the March transit reports will prove as useless as those that you posted for February.

Ok Last Viking - what do you say to this, it looks like your comments are the mo ...

Nothing like cherry picking Freddie. How many 10's of billions of barrels of these nonconventionals are double-dipped figures? What is the net energy of ethanol, oil sands, ultra deep, etc? I want to ...

You regard IEA data as more robust, though others regard the EIA figures as more accurate (though both are essentially educated guesses).

IEA data illustrated that global production was exceeding ...

I would say the world is in a recession right now. When 38 countries are facing critical food shortages. It will hit all countries shortly.
That is plain rubbish. Global Real GDP is currently 2.25% ...

Some of these posts are impying that that today's 87 mb/d production is padded. We've heard this one since 2002. Unfortunately for this wishful thinking by the McPeaksters to be true, their hypothet ...