Thursday, November 01, 2007

Tom Whipple, After the peak?

After the peak?
The world has never been to peak oil before and there are so many factors that will affect a world in oil depletion, it is difficult, or better yet nigh impossible, to paint a picture of what life will be like 10 or 20 years from now.


The perfect storm
The former head of Saudi Arabian exploration & production, Sadad Al-Husseini, has told the world that he now believes that the current level of world oil production will likely never be exceeded.
published October 31, 2007.

Oil reserves over-inflated by 300bn barrels – al-Huseini
The world’s proved reserves have been have been falsely puffed up by the inclusion of 300 billion barrels of speculative resources, according to the former head of exploration and production at Saudi Aramco, and this explains the industry’s inability to raise output despite soaring prices.
published October 30, 2007.

Peak oil - Oct 29
'Oil production has peaked' according to al-Huseini (former head of exploration and production at Saudi Aramco)
China to reach peak oil production as early as 2015 says leading scholar in Beijing
“Requiem for Fossil Fuels” performed in NYC
Kunstler: Assumptions
Downloadable peak oil presentation
Kenneth Deffeyes on feedback loops
ODAC news
published October 29, 2007.

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