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oil production forecast, Tag
- Forecasting the Permanent Decline in Global Petroleum Production Fri, 11 Dec 09, 4:23pmThis is a paper that was published back in 2000 in the Journal of Geoscience Education. What is unusual about it is that it forecast a peak in oil production in 2008. The author was a young woman named Marie Plummer Minniear,...
- World Oil Production Forecast - Update November 2009 Mon, 23 Nov 09, 3:45pmWorld oil production peaked in July 2008 at 74.74 million barrels/day (mbd) and now has fallen to about 72 mbd. It is expected that oil production will decline at about 2.2 mbd per year as shown below in the chart. The forecasts...
- World Oil Production Forecast - Update May 2009 Tue, 19 May 09, 11:59pmWorld oil production peaked in July 2008 at 74.82 million barrels/day (mbd) and now has fallen to about 71 mbd. It is expected that oil production will decline slowly to about December 2010 as OPEC production increases while...