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Oil Price

Megaprojects Increments: next oil crunch 2012

In this 2nd article on the ASPO 2010 conference we have a look at Chris Skrebowski’s graphs

http://www.aspousa.org/2010presentationfiles/10-8-2010_aspousa_PeakOilPicture_Skrebowski_C.pdf

in which he uses a list of oil megaprojects (http://en.wikipedia.org/wiki/Oil_megaprojects) to calculate additional oil production capacities for the next years, comparing them with the decline in existing fields:

The year in which net capacity additions intersect with a worsening depletion [...]