 | The Energy and Environment Round-Up: October 14th 2007 | The Oil Drum | Prepping for Peak: How Fast Can We Change? |  |
212 comments on DrumBeat: October 15, 2007
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212 comments on DrumBeat: October 15, 2007
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“This order [i.e. capitalism] is now bound to the technical and economic conditions of machine production which today determine the lives of all the individuals who are born into this mechanism, not only those directly concerned with the economic acquisition, with irresistible force. Perhaps it will so determine them until the last ton of fossilized coal is burnt.”
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Charles, the 500,000+ barrel increase was for the entire OPEC 10, not just Saudi. And the 600,000 barrel per day drop was for the UAE, November only. They say they will have a lot of wells down for maintenance in November.
It is interesting to note that the UAE and Qatar are now producing at their all time peak and Algeria is only 10 kb/d below their all time peak. Looking at the charts of all the OPEC 10, it appears that they all are producing flat out except possibly Saudi And Kuwait. And I am not too sure about them.
Ron Patterson
So how soon do you think this Peak in their production will get the worldwide attention it should get?
God Grant you peace.
God Grant you Love of your fellow man.
God Grant you Faith and Trust.
Write in Candidate for President 2008.
Free Right Now party. No donations.
Term limits for congress, Min wage for them too
Charles Edward Owens Jr.