Can you guess where these words came from (uttered in Sept 2005)? I’ll give you a hint.. it is a US Government Agency. World proved reserve lifetime for oil is about 41 years, most of this at a declining availability. They are one of the largest consumers of petroleum products in the world. Domestic [US] …
Tag Archives: Peak Oil
As Chinese and Indian Economy grows… Canada follows
Lots of economic numbers out there today. The most important for me being from the Chinese, Indian, and of course Canadian spheres. First, Canada. The CBC is reporting the Bank of Canada’s new growth projection of 3.1% for 2006.. this is up from the projection in October. The bank continues to judge that the Canadian …
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A thousand words.. down to one image and word PEAK
The only other words that matter are, “the logistic peak is May 2007 ± 4.5 years*” … ….from quite possibly the most gigantic, in depth, analysis ever written. It appeared today at the Oil Drum. I’d recommend putting your thinking cap on. *4.5 years… that means low end for peak oil was mid-2002 high end …
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