phil hart, Tag

Nate Hagens is at The Monkey Trap JoulesBurn (Brian Maschhoff) is at Picojoule Euan Mearns is at Energy Matters Heading Out (Dave Summers) is at Bit Tooth Energy Rune Likvern is at Fractional Flow Gail the Actuary (Gail Tverberg)...

Nate Hagens is at TheMonkeyTrap JoulesBurn (Brian Maschhoff) is at Picojoule Euan Mearns is at Energy Matters Heading Out (Dave Summers) is at Bit Tooth Energy Rune Likvern is at Fractional Flow Gail Tverberg is at OurFiniteWorld Chris...

Nate Hagens is at TheMonkeyTrap JoulesBurn (Brian Maschhoff) is at Picojoule Euan Mearns is at Energy Matters Heading Out (Dave Summers) is at Bit Tooth Energy Rune Likvern is at Fractional Flow Gail Tverberg is at OurFiniteWorld Chris...

Figure 1 Oil supply - demand - price chart, Jan. 2002 to Nov. 2009. See text for explanation. Click to enlarge and open in separate browser window.

A reduction in global oil production capacity will mean that higher future oil price will be attained at a lower level of demand than in 2008. Is another oil price spike on the way?