by evilgenius » Wed 25 Nov 2009, 12:13:05
2030? In pre-2010 world terms that is a long way off. Between now and then several things will have happened. Ghawar, for one, will have dropped off radically and will no longer be the world's number one field. West Africa should be running at about what the North Sea was, in terms of importance - not prod numbers. Iraq will be the most important country in terms of production.
I think, however, that it is wise to take into account that these things are only going to happen at the end of a predictable arc of events. The future is much more likely to go through a few iterations where, from our perspective, the events occurring are total chaos. No future is a dead lock from here, even if whatever happens is contained in the seeds of today.
Nonetheless, 65mbpd is probably optimistic. Maybe not too much, but in the camp of the optimists.
When it comes down to it, the people will always shout, "Free Barabbas." They love Barabbas. He's one of them. He has the same dreams. He does what they wish they could do. That other guy is more removed, more inscrutable. He makes them think. "Crucify him."