[Lifer]

Can anyone point me to where I can find a list of oil that is expected to start flowing in 2008? Thanks.

[mkwin]

http://www.odac-info.org/bulletin/docum ... eb2007.pdf

Some of the 2007 production has been delayed so it will hit in 2008 also. It seems very likely a new all time high producion figure will be seen in 2008 sometime.

[Micki]

$this->bbcode_second_pass_quote('', 'S')ome of the 2007 production has been delayed so it will hit in 2008 also. It seems very likely a new all time high producion figure will be seen in 2008 sometime.

[FrankRichards]

$this->bbcode_second_pass_quote('Micki', '[')
Also, some 07 projects were delayed into 08. Same thing could of course happen 08, with some projects being pushed into 09.

Anyone have any educated opinions on the above?

[mkwin]

$this->bbcode_second_pass_quote('', 'A')lso, some 07 projects were delayed into 08. Same thing could of course happen 08, with some projects being pushed into 09.
And finally, without having read through the piece carefully, are all the new projects light sweet or will there be in increasing amount of heavy sour. This leads back to the Peak Net Energy discussions we had some time ago. i.e. the amount of oil can increase whilst net energy goes down.

[pawn]

Wikipedia page on oil megaprojects

[vision-master]

$this->bbcode_second_pass_quote('', 'I')f we do get a 2-3 million net increase and a fall in price to say $60-70 then it really could look bad for those banging the peak oil drum these last couple of months. It really would undermine the hard work in bringing the issue to public awareness and could lead to compliancy that’s my main fear.

[clueless]

$this->bbcode_second_pass_quote('mkwin', 'h')ttp://www.odac-info.org/bulletin/documents/MegaProjects_Feb2007.pdf

Some of the 2007 production has been delayed so it will hit in 2008 also. It seems very likely a new all time high producion figure will be seen in 2008 sometime.

[TheDude]

Help us List Megaprojects - Oil Drum story regarding the Wiki page.

[peripato]

$this->bbcode_second_pass_quote('', 'I')f we do get a 2-3 million net increase and a fall in price to say $60-70 then it really could look bad for those banging the peak oil drum these last couple of months.

[threadbear]

In other words....not as dire a forecast as often trumpeted on this forum. Hmmmm Whodathunk it? Me, perhaps?

Watch an economic collapse take the price down a notch too, depending on how accomdating OPEC is. With the global economy reeling, Saudi Arabia will probably attempt to hold prices to an affordable level. Prices should drop to the 55.00 or lower range, unless the dollar careens out of control. The risk premium of an Iran attack should also be priced out, reducing price per barrel. Hey--we may end up with an oil glut! Wouldn't that be the most counter intuitive fubar scenario?

In a fairer world we'd run out of it and all freeze to death in the dark for being so irresponsible, so unconscious and so ignorant of what cheap energy is doing to our environment.

[mkwin]

$this->bbcode_second_pass_quote('peripato', '')$this->bbcode_second_pass_quote('', 'I')f we do get a 2-3 million net increase and a fall in price to say $60-70 then it really could look bad for those banging the peak oil drum these last couple of months.

[mkwin]

$this->bbcode_second_pass_quote('', 'T')he risk premium of an Iran attack should also be priced out, reducing price per barrel.

[peripato]

$this->bbcode_second_pass_quote('mkwin', '')$this->bbcode_second_pass_quote('peripato', '')$this->bbcode_second_pass_quote('', 'I')f we do get a 2-3 million net increase and a fall in price to say $60-70 then it really could look bad for those banging the peak oil drum these last couple of months.

[threadbear]

If oil demand is expected to rise in 2008, why is the price being bid lower?

[billp]

$this->bbcode_second_pass_quote('', 'E')xactly, now the war with Iran seems to be off the agenda,

[peripato]

$this->bbcode_second_pass_quote('threadbear', 'I')f oil demand is expected to rise in 2008, why is the price being bid lower?