Depletion – Feb 9

Norway falls to 5th place among oil exporters
Graph of Norway drop (new)
Mexico’s top oil field declining fast – Pemex
Cantarell decline – is peak oil correct?
CIBC no longer predicting $100-a-barrel oil soon

Peak Oil – Feb 8

Flesh on the bones of Mexican oil production

IEA forcasts oil demand growth of 2% a Year

Australia report urges vehicle congestion charge

ASPO Australia response to Senate report

Australian Senate inquiry into future oil supply and alternative transport fuels

This inquiry was prompted by the question of whether Australia should be concerned about ‘peak oil’. This term refers to the theory that, for fundamental geological reasons, global conventional oil production will reach a peak and then start an irreversible decline soon enough to be of concern.