Kjell Aleklett: Uninvited observations

I understand that the Association for the Study of Peak Oil & Gas (ASPO) will not always be invited to speak at CERA Week (Cambridge Energy Research Associates annual conference in Houston), but if I had been invited I could have discussed the CERA 2006 forecast of future oil production (Journal of Petroleum Technology, February 2007).

CERA


For these figures to work the oil industry needs to get out and start looking for oil like crazy.

If we just look 3 years ahead to the end of 2010, CERA perceives that crude oil production is set to be 80.8 million b/d. This is an increase of 8 million b/d when compared with today