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We read in the Sydney Morning Herald (23/11/2009) THE Rudd Government is expected to pave the way for the Richmond air force base to be opened up to commercial airline traffic when it releases its long-awaited aviation white paper next month. http://www.smh.com.au/travel/new-airport-set-for-takeoff-20091122-isv8.html and in the Hansard: Mr RUDD—Let us just say to those [...] This is the 3rd post in a series summarizing the best slides shown at the ASPO 2009 conference http://aspo-usa.com/2009denver Jeff Brown is an independent petroleum geologist and is currently managing an aggressive exploration program looking for “leftover” oil and gas fields in West Central Texas. http://www.aspo.tv/jeffrey-j.-brown.html He emphasizes 3 points in his slide show entitled [...] There is a small uptick in the production of the growth group but this is mainly due to Azerbaijan recovering from previous production losses which started in August last year (BTC pipeline attack and problems in the ACG offshore field) Data are from the 10/11/2009 update of the EIA International Petroleum Monthly http://www.eia.doe.gov/ipm/ Now the “peak oil” theory is gaining support at the heart of the global energy establishment. “The IEA in 2005 was predicting oil supplies could rise as high as 120m barrels a day by 2030 although it was forced to reduce this gradually to 116m and then 105m last year,” said the IEA source, who [...] This is the 2nd post on the best slides shown at the October 2009 ASPO conference http://aspo-usa.com/2009denver >> PFC Energy presented a graph showing Chinese oil production arriving at a bumpy production plateau in 2008. The profile is typical for the process of peaking. A majority of mature oil fields peaked around 1997 and is now in [...] |
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