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fig_1d_2010_12 fig_1c_2010_12 fig7_2010_12 fig8_opec_2010_12

Oil Price

Back to the 2004 future, but with double the oil price

The Energy Information Administration has now released the crude oil data for December 2009. That allows us to do an annual graph to watch the race for the peak (in terms of annual production).

Data are often revised backward for several years but at present it seems 2005 was still the peak year at 73,719 million [...]