Register

Peak Oil is You


Donate Bitcoins ;-) or Paypal :-)


Page added on June 21, 2007

Bookmark and Share

Will OPEC increase supply in the 2nd half of 2007? Or has Ghawar peaked?

Concerns about a gap in crude oil demand/supply in the 2nd half of 2007 increased in the past months. The International Energy Agency (IEA) and it
This discussion, found at TheOilDrum, boils down to the expectation for non-OPEC supply and world demand in the 2nd half. If the IEA and EIA projections are correct, we will soon find out what is going on in Saudi Arabia with the production of the supergiant oilfield Ghawar.

Read it all at TheOilDrum : Europe.



Leave a Reply

Your email address will not be published. Required fields are marked *