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Oil Price

Oil importers outside Chindia to save 1/3 by 2015, says US petroleum geologist at ASPO conference

At the October 2010 ASPO conference US petroleum geologist Jeffrey Brown presented a slide show titled:

“Peak oil versus peak net exports – which should we be more concerned about?”

This is a summary of his findings:

(1) The net export decline rate tends to exceed the production decline rate

(2) The net export decline rate tends [...]