The Oil Drum: EIA insisting on plateau

Stuart’s plotted the new EIA data point and it disagrees with the IEA..and the gap is getting bigger between the two.

Right now, May 2005 is still the winner in most supply, but December 2005 and April 2006 are statistical ties. Minor revisions and changes to methodology could very easily change which is exactly the winner (indeed it was December 2005 for a while). But anyway, the oil industry doesn’t seem to quite be able to tip it past the 85mbpd mark (on a combined agency basis) for the time being.
Much more after the jump to The Oil Drum.