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47 comments on The Scales are Balanced
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47 comments on The Scales are Balanced
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GAIA Host Collective
Thank you for an excellent, self explanatory and well balanced presentation.
Question is given official reserve estimates (EIA; BP Statistical Review) which producers will provide growth and which producers will decline througout 2008?
Even if the data (EIA IPM) for the last 5-6 months have shown some growth in total C+C supplies, there is a lot in the news that raises expectations that supplies will show a decline through 2008 even with new projects coming on line.
it's interesting.. 'gut feel' says 2008 production could be going down, but all the data says it's got a good chance of going up.
It will become interesting to see how the 2008 net change diagram will develop on a monthly basis throughout 2008.
Presently 2007 is 0,53 Mb/d (C+C) lower than 2005.