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Next Intelligence Failure: 300 billion barrels OPEC oil missing

Submission 75 to the Productivity Commission’s inquiry on energy efficiency http://www.pc.gov.au/projects/inquiry/energy/docs/submissions

The submission covers following topics:

Spurious OPEC reserve additions, Matthew Simmons’ assessment of fading Saudi oil production, PFC’s depletion levels in OPEC countries, IEA’s workshop in Rio “Is the world facing a 3rd oil shock?”, an analysis of the WEO 2004 oil production graph, EIA’s geometric [...]