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67 comments on Oilwatch Monthly - October 2008

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Luminara on October 23, 2008 - 10:52am Permalink | Subthread | Parent | Comments top

Or then again, maybe it's tomorrow. Just because it hasn't happened yet doesn't mean it's not going to happen for a while. This month could have the highest production of all time. We just don't know until after it's happened.

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drillo on October 23, 2008 - 11:36am Permalink | Subthread | Parent | Comments top

Here is one piece of the puzzle:

http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aRq4OnoWiNx0
Oct. 22 (Bloomberg) -- Petroleo Brasileiro SA, Brazil's state-controlled oil company, may extend investments in the pre- salt oil area over a longer period of time because of the financial crisis, Folha de Sao Paulo reported, citing Chief Executive Officer Jose Sergio Gabrielli.
Investments planned for between 2009 and 2013 may now be extended to a date closer to 2020, Gabrielli said, the Brazilian newspaper reported today.

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mikeB on October 24, 2008 - 9:06am Permalink | Subthread | Parent | Comments top

"Clearly peak is still a way off."

"Or then again, maybe it's tomorrow."

"It may be a way off if you feel the July 2008 records will be surpassed in the future."

Clearly, we know nothing.

Clearly, this shouldn't cheer us.

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67 comments on Oilwatch Monthly - October 2008

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