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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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