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The end of oil era

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world oil production

Graph of world oil production, power "Statistical information on the IEA" and The Oil Drum

The global oil industry has been able to increase oil extraction in a sustained manner until 2005, but after that year, has remained stagnant in the limit of 74 million barrels per day. That

suggests that we have passed the peak of global oil, which will be followed by the irreversible decline of world production, causing a severe shortage in international markets.

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"We are in an emergency situation"



Hamad bin Khalifa Al Thani, Emir of Qatar , stunned last July 13, 2008, the Italian Prime Minister Silvio Berlusconi, when he endeavored to force an international agreement between consumer and producer countries to set a maximum price of oil in the summit for the Mediterranean Union in Paris.


" We are facing an emergency situation " roared the Italian leader. O fix a ceiling that no one must overcome or consuming countries will launch us to the massive construction of nuclear power plants and sink the price of oil. " Al Thani replied with aplomb. "This is your problem, because of their lack of foresight. They should have invested more in alternative energy, because we can not produce more."


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We have passed the zenith of world oil production, said the expert Matt Simmons

Bloomberg news interview with Matt Simmons (oil investment consultant and former adviser to Dick Cheney)

Question (Bloomberg): Tell me how you have come to the conclusion we have reached the zenith oil.

Response (Matt Simmons): If you look at the numbers, and follow what is happening, starting with the large Mexican oil field, Cantarell, which is currently in a serious state of decline, then we look North Sea, the United Kingdom and Norway, to me it is obvious that these three areas could be declining by about 800,000 to 1,000,000 barrels of oil a day in the year downturn shatters 2007.Este practically all the gains in new production that will be placed on the market soon.

addition, most of our oil fields are very old. Many of them are now in decline. Middle East has largely exceeded capacity. They have several projects are under way, but most of them do not reach the market until 2008 or 2009, and we're running out of time.

... I am firmly convinced that during the next year or two, the issue of peak oil will replace global warming as the issue on which we all talk, caring and working. Additional information and extensive discussion in English on The Oil Drum and Energy Bulletin

following video clip from an interview with Bloomberg
Matt Simmons



video taken from Youtube


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The global transportation and oil dependency.


fossil fuels (oil), comprise 98% of consumption worldwide transport cargo and passengers. What impact would have on the global movement of goods and food, shortage of oil? A picturesque account of a English citizen, gives us an eloquent example of what can happen if we fail supplies of petroleum fuels.



Not long ago, in La Coruña, Spain, was a transport strike that paralyzed the movement of goods and lasted 15 days or so. In the second week, we ran out of milk home. At that time, my little daughter would have a year or so or two.

I wanted to get milk for her and it was impossible (I mean normal milk, that of tetrabrick) in any super had a drop. I was calling people I know asking a carton of milk. At the end my wife got two tickets through a mate work knowing that we had a little girl got through another friend.

came home with the two cards as if he had been given extra pay. A few days have raised the transit strike and returned everything to normal. After a time no one came to agree about, but it made me think, and I think we are more fragile than we think.


JJCS This story is a English citizen who lived through the transit strike that lasted 15 and that caused the stoppage of the movement of goods in their country. Was extracted from www.crisisenergetica.org Forums


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