<DrumBeat: December 11, 2006 The Oil Drum Where Should We Try Congestion Pricing First?>

428 comments on A Debate on the Substance and Timing of the Peak of Oil Production and Consumption, Part II

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oilmanbob on December 11, 2006 - 12:23pm Permalink | Subthread | Parent | Comments top
Jeffrey, do you think the allocations by Saudi in east Asia support your net export decline theory, or is it just to damn early to tell?
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westexas on December 11, 2006 - 1:10pm Permalink | Subthread | Parent | Comments top
"Jeffrey, do you think the allocations by Saudi in east Asia support your net export decline theory, or is it just to damn early to tell?"

I think that the reduced exports are not voluntary.  Based on the 2004 to 2005 increase in consumption (about 22% for KSA) and assuming that we see something similar for 2006, and based on the reported production decline, I estimate that KSA's net exports fell by about 13% from 12/05 to 12/06.  

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428 comments on A Debate on the Substance and Timing of the Peak of Oil Production and Consumption, Part II

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