Monkey-brained Musings
Tuesday, December 27, 2005
Peak Oil
The above graph shows three estimates for monthly global oil production since 2002. The plateau in production since mid 2004 suggests that we may be at the top of the curve, the plateau in production, that will mark the shift into a post Peak Oil economy. The production data for the next 6-12 months should confirm whether this production plateau is likely to persist.
Plus, it appears that higher gas prices are reducing driving.
From The Oil Drum
The above graph shows three estimates for monthly global oil production since 2002. The plateau in production since mid 2004 suggests that we may be at the top of the curve, the plateau in production, that will mark the shift into a post Peak Oil economy. The production data for the next 6-12 months should confirm whether this production plateau is likely to persist.
Plus, it appears that higher gas prices are reducing driving.
From The Oil Drum
Comments:
Post a Comment
