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Oil Price

World needs to save at least 3 mb/d by 2020 for China to grow. Any volunteers?

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 [...]