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Saturday, April 15, 2006
IEA Report
I don't have a lot of comment on this. The chart below is a regular report published by the Internation Energy Agency on world oil output.
You can see output has definately peaked. You can also see that gas is over $3.00/gal., at least here in California. I'll publish this chart periodcally (via The Oil Drum) to see if world oil output is able to grow, or if indeed peak oil is here.
You can see output has definately peaked. You can also see that gas is over $3.00/gal., at least here in California. I'll publish this chart periodcally (via The Oil Drum) to see if world oil output is able to grow, or if indeed peak oil is here.
1 Comments:
Lynne said...
Wow, when I saw the graph I assumed it was the chart of Dick Cheney's Halliburton stock options.
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