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Oil is not going to run out.

Phew.

Now that you've posted with this deep analogy everyone can breathe easy.

Pre-emptive dieoff?

Halliburton/KBR have offices and operations all over the place up here. I drive by one of the buildings once or twice a week (also on the same straight as a fairly large armoury).

[url=http://www.u ...

Nigeria accounted for 8% of OPEC production in January.

Losing 40% of that production would be losing about a million barrels a day.

http://www.rigzone.com/news/article.asp?a_id=29432

I think natural gas use in tar sands plants has been gone over in a few threads, but the reality is that it's not that big an issue. Tha mount of natural gas that is used has been cut drastically over ...

New technologies are on the horizon that drastically reduce NG use
Yea, and they already are being used. The CAPP numbers show that in the late 90's it was taking about 600 cubic feet per barrel prod ...

Going by CAPP's numbers (Canadian Association of Petroleum Producers) production right now takes about 400 cubic feet per barrel of oil produced. In 2004 approximately one million barrels per day were ...

GreyZone's analysis is consistent with this article published on Financial Sense.

http://www.financialsense.com/fsu/editorials/kirby/2005/1025.html
And with what i've seen [URL=http://www.peakoil. ...

Actually, I just got done reading
That's another resin shortage.

On the quotation I got from one supplier on the cable they said that they wouldn't hold the price after March 31st because they st ...

I do purchasing for a company that manufactures equipment for the oil and gas industry and we're starting to see the first part of the fallout from the past years increases in the cost of energy.

T ...