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Page added on July 13, 2007

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The Oil Drum: Net Oil Exports and the ‘Iron Triangle’

As Matt Simmons pointed out several years ago, the critical problem with post-peak exporting regions is that we would have two exponential functions (declining production and generally increasing consumption) working against net exports. From the point of view of importers, it is quite likely that we are facing a crash in oil supplies. In my opinion, what I have described as the
The Oil Drum



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