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89 comments on Oilwatch Monthly - July 2008
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89 comments on Oilwatch Monthly - July 2008
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Rembrandt,
First of all, thanks for an impressive and valuable collection of charts and data over status on world liquid production.
Noticed that many countries shares one common feature, as they start to build up production (extraction) most of the buildup takes place over relative short time and is relatively steep. Thereafter it seems like they enter some sort of plateau. It could be interesting to compare some of the countries that share some common features in development in oil production to see if there are similarities that may help understand the general shape of the build up and the down slope.
The diagram showing crude oil stocks is interesting. Could that be split into USA and the rest of OECD?
My guess is that such a diagram will show that it is primarily the US that presently is drawing down crude oil inventories.
@Rune
The crude oil stocks can be seperated into USA and the Rest of OECD (Europe and Pacific). I have the data already in a spreadsheet. Will make a new graph with the separation in the next edition of Oilwatch. Currently travelling so can't put it on here now.
Here here Rembrandt,
These are some of the best articles on TOD.
Your graphs are a key indicator to geo-political events.
It is amazing how much your work has been analogous to the work of Walter Youngquist and how it appears that we are headed toward a significant slide (or cliff) right about NOW.
Mr Youngquists' models, of course, being predicated upon the total consumption of net energy per capita - the notorious Olduvai 'slide'.
Something we Americans are finally starting to feel in our painfully truncated consumption of fossil fuels.
Is it by coincidence that tensions in the Persian Gulf seem to be at the breaking point?
At the very same time world oil production (CC + liquids) is at a precarious plateau?!
Coincidence is not a kosher word.....your graphs are worth a thousand words.
I neglected to mention the time frame of Walter Youngquists' predicted slide in net energy consumption per capita -
2000 through 2012!
Seems to be fairly corporeal.