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opec_non_opec_2010_04 non_opec_crude_2010_04 fig8_opec_2010_04 fig7_2010_04

OPEC reserves revisited

For the ASPO-USA conference 2009, this interview was done with Sadad-al-Husseini, ex-Saudi Aramco geologist and executive vice president (excerpt)

Question: Assume for the moment that declines in demand have flattened and that we resume modest growth in demand in a year or so. Are there adequate new oil projects in the pipeline to meet rising demand for a [...]

October 18th, 2009 | Tags: , , , , , | Category: Articles | Leave a comment

Non-OPEC incremental crude oil July 2009

I have added a new graph on Non-OPEC crude oil.

We can clearly see the gradual decline. Russia and other growing countries lifted the production by around 2 mb/d to its peak in 2004-2005. Since then the growing group could not quite offset decline elsewhere

October 7th, 2009 | Tags: , , | Category: Monthly crude oil graphs | Leave a comment

Too late for Sydney Metro Tunnels

In response to a call for comments on the proposed CBD Metro in Sydney

http://www.sydneymetro.nsw.gov.au/

I wrote a submission entitled “Too late for metro tunnels” showing the timelines for an estimated WA crude oil production and construction activities.

The submission can be downloaded here:

CBD Metro [7.85 MB]

These are the recommendations:

1 The government (Parliamentarians, top civil servants) need to attend [...]

October 7th, 2009 | Tags: , , , | Category: Public Transport, Submissions | Leave a comment